Broadcom price targets raised by multiple analysts post-earnings selloff

Anthropic's warning: AI is on the cusp of getting smarter on its own

Companies have been developing AI very quickly to stay ahead of the market, but Favaro and Clark argue that a slowdown would allow more time to deal with the technology’s implications.

Jun 5, 6:03 AM

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Seoul Purpose: How NVIDIA and South Korea Are Building the Future of AI

Home to cutting-edge sovereign AI infrastructure and robotics innovators, as well as one of the world’s most passionate gaming communities, South Korea is one of the world’s centers of AI. NVIDIA founder and CEO Jensen Huang is in Seoul this week to meet the partners and builders behind that work. Stay tuned here for live […]

Jun 5, 5:38 AM

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Spacecoin Lands Vietnam Partnership With $100M Annual Revenue Goal

Spacecoin has signed an exclusive agreement with DETI Technology to bring decentralized satellite telecoms to Vietnam. The partners are targeting at least $100 million in annual revenue once the project reaches commercial operation. Spacecoin Teams With DETI to Bring Satellite Telecoms and AI to Vietnam Spacecoin has signed an exclusive memorandum of understanding with Vietnam’s […]

Jun 5, 5:30 AM

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Google announces $40 billion Texas data center and energy push with new Meitner Energy Center

Google's $40B Texas investment highlights the growing energy demands of AI and cloud tech, impacting local economies and energy markets. The post Google announces $40 billion Texas data center and energy push with new Meitner Energy Center appeared first on Crypto Briefing.

Jun 5, 5:05 AM

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A uni professor admitted using AI to write an opinion piece. Here’s what it revealed about trust in the technology

Without disclosing that work has been generated using the technology, faith in existing industries will continue to be undermined Follow our Australia news live blog for latest updates Get our breaking news email, free app or daily news podcas When a university vice-chancellor this week admitted to using AI in writing an opinion piece for a major Australian masthead, but did not disclose that use prior to publication, it highlighted the growing gap between people’s use of AI and trust in the technology. Data from Roy Morgan this week showed 13.6m or 58% of the population older than 14 now use AI each month, with ChatGPT being the most popular, followed by Google’s Gemini and Microsoft Copilot. Continue reading...

Jun 5, 4:49 AM

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Nvidia CEO Jensen Huang promotes AI ties in South Korea with TV and baseball appearances

Nvidia's strategic engagement in South Korea enhances supply chain resilience and strengthens its position in the global AI market. The post Nvidia CEO Jensen Huang promotes AI ties in South Korea with TV and baseball appearances appeared first on Crypto Briefing.

Jun 5, 4:40 AM

FT AIproductivity

How much value is AI really creating?

Eye-opening changes to the speed and volume of work are not always translating into genuine productivity

Jun 5, 4:00 AM

FT AIhedge funds call centre stocks outsourcing companies

Hedge funds bet against call centre stocks as AI threat grows

Outsourcing companies hit as investors see ‘clean’ disruption risk