Microsoft lays off 6,000 workers as it reshuffles operations around AI

Palantir stock rebounds on analyst’s praise of AI advantage

Palantir's AI prowess could redefine enterprise tech standards, attracting investor optimism and potentially reshaping market dynamics. The post Palantir stock rebounds on analyst’s praise of AI advantage appeared first on Crypto Briefing.

Jul 2, 3:44 PM

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OpenAI proposed donating 5% of its equity to a US sovereign wealth fund

OpenAI CEO Sam Altman has reportedly proposed giving 5% of the company’s equity to a U.S. sovereign wealth fund, reviving discussions about letting the public share in the financial gains from the AI boom.

Jul 2, 3:20 PM

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US corporate bond market looks safer as tech giants pile into debt, but investors aren’t buying the narrative

The influx of tech-driven debt could stabilize markets short-term, but reliance on AI growth poses long-term risks if expectations falter. The post US corporate bond market looks safer as tech giants pile into debt, but investors aren’t buying the narrative appeared first on Crypto Briefing.

Jul 2, 3:09 PM

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Musk’s X poses “serious risk to Americans’ privacy,” advocates warn FTC

FTC urged to reject Elon Musk’s bid to end X monitoring amid AI concerns.

Jul 2, 2:39 PM

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Meta Moves to Monetise Its AI Infrastructure With Plans for a Cloud Computing Business

Meta is developing plans to sell access to its AI compute capacity and models as a cloud service, according to a Bloomberg report, a move that would place it in direct competition with Amazon Web Services, Google Cloud, and Microsoft Azure. The initiative, reportedly dubbed Meta Compute, is being led by head of infrastructure Santosh […]

Jul 2, 2:36 PM

Crypto Briefingai memory chip stocks

Memory chip stocks experience notable volatility as AI-fueled rally hits turbulence

Volatility in memory chip stocks highlights potential margin pressures and strategic shifts in tech, impacting future AI-driven growth dynamics. The post Memory chip stocks experience notable volatility as AI-fueled rally hits turbulence appeared first on Crypto Briefing.

Jul 2, 2:32 PM

Fast Company AIcontrols aviation pilots autopilot

We’ve lived through a skills apocalypse before. The solution might look like a flight simulator

AI is eroding hard-won skills the way cockpit automation eroded pilots’ instincts. Aviation’s answer wasn’t to ban the autopilot. It was to build a place to put novices back on the controls.

Jul 2, 2:07 PM

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Google Expands AI Media and Agent Capabilities With Nano Banana 2 Lite, Gemini Omni Flash, and Spark for Mac

Google has launched a series of AI updates spanning image generation, video creation, and desktop agent capabilities, consolidating its position across multiple fronts of the generative AI market. The company released Nano Banana 2 Lite, a faster and more affordable image generation model capable of producing images in four seconds at $0.034 per thousand images. […]

Jul 2, 1:59 PM