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Anthropic filed for an initial public offering Monday in what could become one of the largest stock market debuts in history — even as its CEO has warned that the advanced AI that the company and its competitors create poses an existential risk to humanity.
TS Lombard says the AI investment theme is a bubble destined to pop. What investors shouldn’t try to do is time when that will happen.
Elon Musk says debt markets have nearly shut off funding for AI data centers and predicts a wave of half-built facilities with nowhere to go.
Keeping passwords secure and being wary of suspicious emails is more important than ever as hackers use sophisticated tools and AI to find the internet’s weak points.
The middlemen of AI are setting off alarm bells for investors who are concerned they’ve taken on too much debt without the steady revenues to pay it down.
BlackBerry CEO John Giamatteo sees AI-powered robots as a major growth opportunity, with robotics already among the fastest-growing businesses in its QNX software division. BlackBerry’s QNX royalty backlog has surpassed $1.2 billion, while its partnership with Nvidia is opening new opportunities in robotics and industrial automation.
Oct 26 (Reuters) - While global tech stocks teeter, in China they have already crashed as lofty valuations collapse under worries about AI demand and curbs on Chinese exports. The meltdown, tanking the mainland STAR50 index of AI and semiconductor leaders by 40% in less than four months and vaporising some $480 billion in market value,
