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News
Pentagon AI chief rejects Anthropic researcher’s AI doomsday fears
2+ day, 11+ hour ago (466+ words) A top Pentagon official is pushing back against rising fears about artificial intelligence risks days after a public warning from an Anthropic PBC engineer that AI insiders believe the technology “could kill us all by the end of the decade....
Crude-sensitive stocks fall as Brent crude jumps past $100; BPCL, HPCL, Apollo Tyres drop, oil producers gain
4+ day, 19+ hour ago (289+ words) Bharat Petroleum Corporation Ltd (BPCL) shares were down 2.88 percent at Rs 303.90 in afternoon trade, while Hindustan Petroleum Corporation Ltd (HPCL) fell 2.42 percent to Rs 348.25. Indian Oil Corporation (IOC) declined 0.92 percent to Rs 133.90. The weakness in OMC stocks came as Brent…...
OPINION | AI???s Next Monopoly May Not Look Like One: Is India???s competition law ready?
5+ day, 20+ hour ago (223+ words) Artificial intelligence (AI) is fast becoming the world's most important economic infrastructure. The danger is that it may also become its most concentrated market. In AI markets, power may increasingly come without ownership. A firm does not need to acquire…...
Trump administration backs OpenAI in New York Times copyright fight, says AI training is fair use
1+ week, 3+ day ago (253+ words) The Trump administration has filed a brief supporting OpenAI in its dispute with the New York Times and several other newspapers over the company's use of their work to train the large language models behind ChatGPT, saying AI training generally…...
Texas wants to lead the AI boom. But where are the jobs for its graduates?
1+ week, 3+ day ago (578+ words) The AI boom is creating a growing paradox in Texas: the state is building more data centres to power the technology even as some of the college graduates expected to work alongside it struggle to find jobs. Job postings for…...
Billionaire immigrant co-founders say their???mission??? is to help employees own homes
1+ week, 6+ day ago (330+ words) Panda Express co-founders Andrew and Peggy Cherng say their success is no longer measured only by sales growth or restaurant expansion. Instead, the billionaire couple increasingly gauges their impact by how many employees can achieve homeownership, a goal they describe…...
OpenAI to end agreement with SpaceX's AI coding tool Cursor, deepening Musk-Altman clash
2+ week, 22+ hour ago (336+ words) OpenAI said on Friday that it plans to stop providing AI models to Cursor, the coding-tool company now owned by Elon Musk's SpaceX, in a further escalation of the bitter rivalry between OpenAI CEO Sam Altman and Musk. SpaceX announced…...
The communication gap that matters for bond markets
2+ week, 4+ day ago (99+ words) Moneycontrol.com The communication gap that matters for bond markets Several MPC members have flagged conditions for a rate recalibration, with October carrying meaningful event risk. Liquidity surplus and the implications for the yield curve are the next variables to…...
Why is the US bond market panicking and should investors be worried?
2+ week, 4+ day ago (1566+ words) The US bond market was in something close to pandemonium last week. A sharp sell-off in long-dated Treasuries sent yields shooting higher, triggering alarm across markets. Washington stepped in with an announcement that it would ramp up buybacks of longer-dated…...
SpaceX is hiring in natural gas trading for energy needs
3+ week, 20+ hour ago (256+ words) Elon Musk’s SpaceX is hiring a trader to build and lead a natural gas trading team to support the space flight company’s growing fuel and power needs. Job postings for the role, which “focuses on physical and financial natural gas…...