Chinese hedge fund High-Flyer's use of artificial intelligence in trading markets has spurred an AI arms race.
Artificial Intelligence
California Senator McNerney introduced SB7 and AI and employment law, “No Robo Bosses Act,” mandating human control of AI in the workplace.
Banks and fintechs must adopt advanced AI-driven fraud detection tools to combat increasingly sophisticated scams and secure transactions.
(Reuters) -Adobe forecast second-quarter revenue in line with Wall Street expectations on Wednesday, as it grapples with slower monetization of its artificial intelligence offerings while facing tough competition from startups. Shares of the company fell more than 4% in extended trading. The company expects second-quarter revenue to be between $5.77 billion and $5.82 billion, in line with analysts’ expectations, according […]
In February 2025, global tensions showed the severity of technological dominance, as China AI military capabilities grew.
Cerebras AI expanding its infrastructure with six data centers in North America & Eu, offering faster, cheaper, & accessible AI inference.
SINGAPORE/NEW YORK/TAIPEI (Reuters) – TSMC has pitched U.S. chip designers Nvidia, Advanced Micro Devices and Broadcom about taking stakes in a joint venture that would operate Intel’s factories, according to four sources familiar with the matter. Under the proposal, the Taiwanese chipmaking giant would run the operations of Intel’s foundry division, which makes chips adapted for the needs of customers, but it would not own more than 50%, the sources said. […]
Meta testing its first in-house chip for training AI systems, a key milestone as it moves to design more of its own custom silicon.
OpenAI launched new tools for developers that will help them build advanced AI agents, using a few application programming interfaces (API).
In a Beijing apartment, eight-year-old Timmy plays chess against an AI-driven robot, giving a glimpse into AI in China