tech

U.S. stocks were mostly lower, with the Nasdaq leading declines as makers of AI infrastructure suffered steep falls, many in the double digits. Nvidia was down 16%.

US president has resisted calls for regulation but said he would appoint a ‘tsar’ to monitor for ‘bad’ behaviour

US president has resisted calls for regulation but said he would appoint a ‘tsar’ to monitor for ‘bad’ behaviour

US president has resisted industry calls for regulation but said he would appoint a ‘tsar’ to monitor for ‘bad’ behaviour

Initial effects of the technology on employment look positive

Power? Low. Pay? Very high

AI start-up has projected deeply negative cash flows as it invests in infrastructure and faces price pressures

Breakout during training exercises follows instances at rivals OpenAI and Anthropic as concerns grow over safety of frontier systems

Power? Low. Pay? Very high

AI start-up has projected deeply negative cash flows as it invests in infrastructure and faces price pressures