Bill Gates says AI is moving at a speed that "surprises" even him—and he says the experts can't tell if it'll replace humans in one year or ten

Bill Gates says AI is moving at a speed that “surprises” even him—and he says the experts can’t tell if it’ll replace humans in one year or ten

Job seekers are scrambling to figure out when AI will come for their jobs—but even the experts can’t agree on a timeline. Now, Bill Gates is sounding the alarm: It could all happen so fast, workers won’t even have time to catch up. “The question is, has it come so fast that you don’t have…

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Nvidia denies back-door features in its H20 chips after Beijing raises security concerns

Nvidia denies back-door features in its H20 chips after Beijing raises security concerns

Nvidia said its chips had no “back doors” after China’s cyberspace regulator interviewed company representatives over alleged security risks associated with its H20 chips, which were tailor-made for Chinese customers, although it remains unclear what impact Beijing’s mistrust of the US firm will have over time. “Cybersecurity is critically important to us,” an Nvidia representative…

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Amazon profits surge 35% but forecast sinks share price

Amazon profits surge 35% but forecast sinks share price

Amazon reports a surge in quarterly profits, saying investments in artificial intelligence have begun paying off (Patrick T. Fallon) Amazon reported a 35 percent jump in quarterly profits Thursday as the e-commerce giant said major investments in artificial intelligence began paying off. But the Seattle-based company’s profit outlook for the current quarter came in lower…

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US tech titan earnings rise on AI as economy roils

US tech titan earnings rise on AI as economy roils

Amazon Web Services, the cloud computing division at the e-commerce giant helped power quarterly earnings that beat market expectations (RONNY HARTMANN) Tech giants Amazon, Apple, Meta and Microsoft this week eclipsed earnings expectations, cashing in on artificial intelligence (AI) while navigating economic waters roiled by US tariffs. “Massive results seen by Microsoft and Meta further…

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China Questions Nvidia H20 Chip Security, Summons Company for Talks

China’s cyberspace regulator summoned Nvidia (NVDA, Financials) to explain possible security risks in its H20 artificial intelligence chip, injecting new uncertainty into the U.S. chipmaker’s China sales. Officials want to know if the chip contains tracking or backdoor features that could compromise user privacy. The move follows a U.S. proposal to require location?tracking in advanced…

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Microsoft, Meta surge after blowout results

Microsoft, Meta surge after blowout results

LONDON (Reuters) -Shares in artificial intelligence heavyweights Microsoft and Meta Platforms both surged in European trading on Thursday, after blowout quarterly results after-market on Wednesday. Meta shares surged 12.2% in Frankfurt after it forecast quarterly revenue well ahead of Wall Street expectations. Microsoft shares jumped 9%, as surging Azure cloud computing revenue above analysts’ expectations,…

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Meta stock surges after Q2 results blow past expectations despite heavy AI spending

Meta stock surges after Q2 results blow past expectations despite heavy AI spending

Meta’s artificial intelligence spending spree appears to be paying off with investors, who sent the company’s stock soaring after hours on Wednesday following a blowout quarterly earnings report. The Menlo Park, California-based company easily beat Wall Street’s expectations for the second quarter, helped by higher advertising revenue and a growing user base on its flagship…

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Mark Zuckerberg touts the potential of "personal superintelligence" — and glasses

Mark Zuckerberg touts the potential of “personal superintelligence” — and glasses

Meta CEO Mark Zuckerberg’s vision of AI involves “personal superintelligence” that will help people achieve their individual goals.  “I am extremely optimistic that superintelligence will help humanity accelerate our pace of progress. But perhaps even more important is that superintelligence has the potential to begin a new era of personal empowerment where people will have…

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