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The Pentagon brands Anthropic CEO a ‘liar’ with a ‘God complex’ as deadline looms over AI use in weapons and surveillance
The Pentagon has demanded Anthropic remove the contract limitations it objects to by 5:01 p.m. Friday or face having its $200 million contract with the U.S. military canceled or, in a more extreme move, be labeled “a supply-chain risk,” which would effectively bar any company doing business with the military from using Anthropic’s technology.“Using it against a domestic company for…
Trump’s universal 401(k) architect on why lower-income people distrust retirement accounts: ‘they want to know what the catch is’
Workers who never had a retirement savings plan have long been suspicious of programs like this for good reason, said Teresa Ghilarducci, a professor of economics at The New School, who was one of the economists behind the development of Trump’s plan. “Many of the that I’ve talked to really want me to sit down and explain how it worked for…
Something big is happening in AI, but panic is the wrong reaction
In the 1990s, the expansion of distributed computer power and the vast purchases of it led to new claims about massive increases in productivity that would soon be released. Except it didn’t. It took a long time and associated changes in how work was organized to drive productivity improvements.Experts have a long history of torturing us with predictions about how technology will wipe us out, first our jobs and then just getting rid…
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Nvidia’s Stock Soars After Record Earnings and AI Chip Demand Surge
The tech world is abuzz after chipmaker Nvidia (NVDA) released a stellar…
India Revs Up EV Industry: New Policy to Attract Investment
Buckle up, India! The Indian government has shifted into high gear with…
UBS Recommends European Stocks Over US: A Shift in Investment Strategy
In a surprising shift, investment banking giant UBS urges investors to focus…
US Stock Market Watch: Earnings Season Spotlight on Walmart and Market Trends
It's a pivotal week for the US stock market as earnings season…
Chinese EV Makers Brace for Impact: Potential US Tariffs Shake Industry
Chinese electric vehicle (EV) makers feel the shockwaves of a potential US…
Understanding the Recent Turbulence in the Indian Stock Market: Causes and Strategies
The Indian stock market has witnessed a period of turbulence, with the…
Namdev Finvest Secures $15 Million in Series B Funding for Expansion Plans
Jaipur-based non-banking financial company (NBFC) Namdev Finvest has secured a fresh infusion…
AWS Invests $9 Billion in Singapore: Boosting Cloud Infrastructure and AI Development
Amazon Web Services (AWS), the company's cloud computing behemoth, has announced a…
Citigroup Urges Bond Traders to Consider Future Fed Hikes
According to strategists at Citigroup Inc., bond traders have largely aligned with the Federal Reserve's anticipated easing cycle. However, Citigroup notes a crucial gap in traders' strategies: the failure to…
