It’s the second time this year Rivian has spun out a new company, after it created micromobility startup Also in March.
US stocks slide as investors fret over high valuations for AI companies
Cautious comments from top bank executives add to jittery sentiment on Wall Street
Google’s AI Mode gets new agentic capabilities to help book event tickets and beauty appointments
For example, you can ask “find me 2 cheap tickets for the Shaboozey concert coming up. prefer standing floor tickets.” AI Mode will then search across multiple websites to find real-time ticket options that meet your specific requests.
AI stocks waver as ‘Big Short’ investor bets against Palantir, Nvidia
Michael Burry drew the ire of Palantir CEO Alex Karp after disclosing his bets against the artificial intelligence giants.
Nvidia cannot sell its most advanced AI chip to China, White House says
The United States is not interested in selling Nvidia’s advanced AI chip, known as the Blackwell, to China at this time, the White House said on Tuesday.
IBM cutting thousands of jobs in the fourth quarter
IBM recently delivered stronger earnings than expected, thanks to a 10% jump in revenue from software, meeting consensus.
Lawmakers want Ohio bill to penalize AI companies when chatbots promote self-harm
A bill proposed in the Ohio House would allow the state to collect fines from AI companies whose chatbots promote harmful behaviors. The money would support the 988 Suicide and Crisis Lifeline Fund for mental health services.
Google plans to put datacentres in space to meet demand for AI
US technology company’s engineers want to exploit solar power and the falling cost of rocket launches
Palantir CEO Alex Karp blasts 'Big Short' investor Michael Burry for…
Stocks, crypto tumble after CEOs raise concerns of a market pullback
Major U.S. indexes including the S&P 500, Nasdaq and Russell 2000 were all down more than 1%, while the values of crypto and gold also fell.