Sophisticated new emotional wellness apps powered by AI are growing in popularity. But these apps pose their own mental health risks by enabling users to form concerning emotional attachments and dependencies to AI chatbots, and deserve far more scrutiny than regulators currently give them, according to a new paper from faculty at Harvard Business School…
Once Elon Musk’s cofounder, OpenAI CEO Sam Altman is now at the top of Musk’s “list of enemies”—and he’s not staying quiet about how much he resents him and his company. In an expanded version of a previous lawsuit, Musk called OpenAI a “market-paralyzing gorgon,” the Wall Street Journal reported. He’s also taken to calling…
The Justice Department is looking to break up one of America’s most powerful companies following a court ruling in September that found Google violated antitrust law. Shares of Google-parent Alphabet plunged over 5% Thursday after prosecutors outlined proposed remedies that would significantly alter how the search giant conducts its business. In September, U.S. District Judge…
Super Micro Computer hired a new auditor Monday after its previous one, Ernst & Young, quit in the middle of an engagement. The Silicon Valley-based company, which touts a close relationship with AI stock-rocket Nvidia, had risked being delisted from the Nasdaq after failing to file both an annual and quarterly report on time. Its…
NEW YORK (AP) — Wall Street is feeling the downside of high expectations on Thursday, as Microsoft and Meta Platforms drag U.S. stock indexes lower despite delivering strong profits for the summer. The S&P 500 was down 1.6% in midday trading and on track for its worst day in nearly eight weeks, falling further from its record set earlier this month….
Silicon Valley tech company Super Micro was supposed to be riding high: After flying under the radar for a quarter of a century, the company had ridden the coattails of the recent generative AI boom. The $20 billion manufacturer builds some of the most important hardware used to power the top artificial intelligence models–that is,…
Good morning. If you thought Larry Ellison was going to run Paramount, think again. A month ago, Skydance Media told the FCC that the Oracle founder would have voting control of the media company formerly known as ViacomCBS when Skydance closes its $8 billion deal. It has now filed a revision saying no, it’s actually…
Good morning. Two tech billionaires started this week with egg on their face, and for once, it had nothing to do with a live product demo.Amazon founder Jeff Bezos and NantHealth founder Patrick Soon-Shiong blocked, each at the eleventh hour, the U.S. presidential endorsements of Kamala Harris by the editorial boards of their newspapers, the…
On paper, Thursday night’s “We, Robot” event may have belonged to Tesla’s robotaxi, but the real star of the show was Optimus. Elon Musk’s humanoid robot wowed attendees as a half dozen or so navigated their way safely through the crowd at Warner Bros. studio lot in Hollywood entirely untethered. Just two years ago, the…
Nash Consing was riding his bike in Brooklyn last week when wham!—he slammed into a door carelessly opened by a woman leaving her Uber. The crash left the 25-year-old video editor hurt badly enough to require an ambulance, but not so badly to stop using Strava, an app that lets people track their activities and…