Meta, desperate for cash to fund its hundreds of billions of dollars of AI commitments, has found a new way to make targeted ads even more valuable to businesses.
Tag: AI
Post
OPENAI SIGNS MORE CONTRACTS FOR FUTURE EXPENSES
OpenAI CEO Sam Altman has signed contracts with South Korean memory chip makers Samsung and SK Hynix to provide chips for the Stargate project’s data centers planned for the Asian nation.
Post
BILLIONAIRE NVIDIA INVESTOR: THIS FEELS LIKE THE DOT-COM BUST
James Anderson was an early investor in Amazon, Nvidia, and Tesla. Now the billionaire British venture funder sees Nvidia’s $100-billion investment in OpenAI as reminiscent of the dot-com bust at the beginning of this century.
Post
AI PLAYS LARGER ROLE IN U.S ECONOMY AS CONSUMER SPENDING WEAKENS
Some economists have argued that the tech sector—specifically the boom in AI spending—has been the single most important component in U.S. economic growth this year.
Post
TECHNOCRACY BRIEFS: ALTEREGO ‘MIND-VASION’, AND NEW OPENAI COPYRIGHT PROBLEMS
A new “non-invasive” interface developed by MIT researchers can reportedly augment human minds with Artificial Intelligence and the World Wide Web.
Post
WHEN THE ECONOMY FALLS, JOBS GO WITH IT
The U.S. government shutdown has resulted in 4,000 federal workers losing their jobs. Many of the layoffs took place at the Treasury Department and the Department of Health and Human Services, where approximately 1,600 were laid off. The Department of Education laid off 460 employees including most of the staff at the Office of Special Education and Rehabilitative Services.
Post
BIOTECH MIRRORS AI ARMS RACE
Sen. Todd Young, R-Ind., chair of the U.S. National Security Commission on Emerging Biotechnology, this past week framed government biotech policies and investment as a crucial geopolitical matter in a competition with China.
Post
SPOTLIGHT: STOCK MARKETS RIDE HIGH ON AI
Chinese equity markets rose and fell in waves in recent months as Beijing announced, then failed to deliver, “bold” stimulus programs to revive the dormant domestic economy.
Post
LABOR MARKETS IN ADVANCED ECONOMIES ARE SEIZING UP
Employers in G7 countries, considered the world’s most advanced, hesitate to hire or to lay off workers as uncertainties over interest rates, taxes, tariffs, and artificial intelligence (AI) leaves them unable to plan, the Financial Times reported.
Post
OPENAI GETS ITS DESIRED $500-BILLION MARKET VALUATION
A private sale of shares has given OpenAI the $500-billion market valuation it set its sights on weeks ago. Until now, the company has been valued at $300 billion.