ai-boom
Latest stories covering ai-boom, with summaries and links to related coverage.
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Governments are making a dangerous bet on the AI boom
opinion
1 min read
30-year bond yields in America, France, Japan, and Britain are nearing their highest levels since the 2007-09 financial crisis. Britain's bond yields have surpassed the highs reached during the fiscal panic of 2022.
Apple boss Tim Cook says prices to rise due to memory chip costs
news
3 min read
Apple plans to raise product prices due to a surge in memory chip costs. CEO Tim Cook stated that these price increases are "unavoidable" as the current situation regarding memory chips is "unsustainable."
OpenAI closes funding round at an $852B valuation
news
2 min read
OpenAI closed a funding round totaling $122 billion, achieving a post-money valuation of $852 billion. SoftBank co-led the round with participation from investors including Andreessen Horowitz and D. E. Shaw Ventures.
People Loved the Dot-Com Boom. The A.I. Boom, Not So Much
opinion
2 min read
Tech leaders express concern over the public's lack of enthusiasm for the AI boom, contrasting it with the excitement of the dot-com era. Executives claim that AI will significantly improve lives and is comparable to transformative innovations like electricity and fire.