According to Bernstein analyst Stacy Rasgon, the failure of the deal would be a setback for Intel and its foundry efforts. In a research note, Rasgon expressed his disappointment and stated that Intel’s foundry endeavors would become even more challenging without the partnership with Tower. Although the deal was initially expected to close within 12 …
According to Brussels, Mr. Volozh, who had personal meetings with Putin in 2017 and 2020, has provided significant support, either materially or financially, for the war against Ukraine. In 2017, he even invited Putin to Yandex’s headquarters in Moscow to showcase their self-driving car and AI-based products. However, in his recent statement, Mr. Volozh downplays …
Senator Amy Klobuchar, a Democrat from Minnesota, took aim at Elon Musk, the owner of X, and Mark Zuckerberg, CEO of Meta, regarding their proposed cage fight, urging them to instead focus on addressing policies within their respective platforms. In a post on X (formerly known as Twitter), Klobuchar responded, “Whatever. Could you guys address …
Tesla, led by Elon Musk, is currently embroiled in a legal dispute with drivers who claim that the company provided inaccurate information regarding the mileage capacity of their electric vehicles. A group of three Tesla owners have initiated a class-action lawsuit in the United States, asserting that their vehicles failed to achieve the promised ranges …
Sens. Elizabeth Warren (D-Mass.) and Lindsey Graham (R-S.C.) have partnered to introduce groundbreaking legislation that aims to establish a new agency with the authority to regulate major tech companies. The bipartisan Digital Consumer Protection Commission Act, unveiled on Thursday, seeks to create an agency dedicated to overseeing Meta, Google, Amazon, and other tech giants, with …
Jane Pourtney wants to know: “To what extent are A level and university essay questions being redesigned to overcome AI assistance?” Our experts weigh in: “The emergence of ChatGPT has led to a widespread cheating phenomenon. Many students have resorted to submitting essays and assignments generated by this system, prompting some educational institutions to prohibit …
The House Judiciary Committee, led by the GOP, is considering a vote this week to hold Meta CEO Mark Zuckerberg in contempt, according to a committee spokesperson on Monday. This would further intensify the attack by House Republicans on the social media giant. Republicans on the Judiciary panel have accused Meta of failing to cooperate …
In order to ensure the safety of artificial intelligence (AI) systems, key pledges have been made by companies. These pledges include conducting proper vetting of AI systems before they are introduced to the public, preventing them from being used for harmful purposes. Additionally, companies will be required to incorporate digital watermarks on AI-generated artwork or …
Federal antitrust regulators have released a highly anticipated draft of new merger guidelines, signaling a significant shift in how the acquisitions of large companies will be reviewed. The proposal, a joint effort between the Federal Trade Commission (FTC) and Department of Justice (DOJ), outlines 13 guidelines for merger reviews and invites public comment for a …
Companies that are hesitant to lay off workers in the short term may rely on the natural turnover of employees retiring or resigning as a way to reduce their staff numbers. According to the OECD, unlike robots, artificial intelligence (AI) has the potential to impact all industries and occupations. However, the technology also has the …