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The Latest Breaking News from Artificial Intelligence

IREN From $9 To $900? Eric Jackson Foresees Massive Upside For IREN Amid AI Pivot: '100x Wealth Machine'

Prominent investor Eric Jackson, founder of EMJ Capital, has made a vocally bullish case for IREN Ltd. (NASDAQ:IREN), labeling the company a “100x wealth machine” due to its rapid and decisive pivot from Bitcoin (CRYPTO: BTC) mining to powering the artificial intelligence sector.

Benzinga

The new public defender: Some are turning to ChatGPT to offer legal advice and win small claims cases

Backers say using artificial intelligence tools like ChatGPT helps level the playing field for people without access to lawyers, while others warn of potential for ‘hallucinations,’ fines, and inaccurate advice

The Independent UK

Big Tech Earnings To Validate AI Spending Surge

Big Tech is gearing up for a blockbuster earnings season as surging enterprise demand for artificial intelligence propels growth across cloud giants, signaling what could be the next major leg of the AI investment boom.

Benzinga

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AI Could Wipe Out 100 Million Jobs In The Next 10 Years, Senate Report Warns —'We Must Ensure Workers Benefit From AI, Not Just Billionaires'

A new report from Sen. Bernie Sanders (I-VT) and the Senate Health, Education, Labor and Pensions Committee’s minority staff paints a troubling picture of how artificial intelligence and automation could reshape the American workforce over the next decade.

Benzinga

Cisco Takes On Broadcom With Its Most Powerful Router Yet

Cisco (NASDAQ:CSCO) launched the Cisco 8223 on Wednesday, calling it the industry’s most powerful fixed Ethernet router, built to meet soaring demand from artificial intelligence workloads.

Benzinga

EU Wants Key Sectors To Use Made-in-Europe AI

The EU on Wednesday told European businesses in critical sectors to ramp up their uptake of artificial intelligence and pushed for the bloc to cut its dependence on foreign AI providers.

International Business Times

Mattel And OpenAI Team Up: A New Era In Toy Design?

Toymaker Mattel Inc. (NASDAQ:MAT) will team up with OpenAI to test the ChatGPT maker’s artificial intelligence video model, Sora 2.

Benzinga

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What work means to working-class young men in an age of increasing automation

For years we’ve been warned that technological advances and artificial intelligence (AI) are set to sweep people out of work. But when we think about whose jobs are really under threat, the answer isn’t quite so simple.

The Conversation

SoundHound's Amelia 7 Brings AI Smarts To Apivia Courtage's Customer Service

SoundHound AI (NASDAQ:SOUN) has partnered with Apivia Courtage, a subsidiary of France’s AEMA Group, a leading mutual insurance group, to deploy agent-based artificial intelligence across its customer service operations using the Amelia 7 platform.

Benzinga

Kevin O'Leary Says AI Is The 'Best Investment' For Small Businesses — Calls Customer Service Bots A Secret Weapon

Earlier this week, billionaire investor and "Shark Tank" star Kevin O'Leary said artificial intelligence has become one of the smartest investments small business owners can make, calling AI-powered customer service bots a "competitive weapon" for growth.

Benzinga

Tourists turning to artificial intelligence for holiday inspiration

Travel association Abta predicts that AI will only continue to grow in use when researching holidays

The Independent UK

Your country’s sovereign wealth fund, decided by a machine? Kazakhstan says yes

An AI-powered director just joined the board of Kazakhstan’s sovereign wealth fund — and it gets a vote.

Euronews

Softbank Buys ABB Robotics In $5.4 Billion Deal To Boost AI Play

SoftBank Group (OTC:SFTBY) (OTC:SFTBF) said on Wednesday it will buy the robotics division of Swiss engineering firm ABB (OTC:ABBNY) in a $5.4 billion deal, as the Japanese firm looks to boost its artificial intelligence portfolio.

Benzinga

Anthropic's New Claude Detects Evaluations: 'I Think You're Testing Me' — Raising Fresh Questions About AI Self-Awareness

Anthropic's newest artificial intelligence model, Claude Sonnet 4.5, surprised its creators by recognizing that it was being tested. The company behind the model is supported by Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) and Jeff Bezos-founded Amazon.com, Inc. (NASDAQ:AMZN).

Benzinga

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AAP

Why Google wants you to ask long, complicated questions

More web queries will be answered by artificial intelligence when Google expands technology tested in the US to its Australian users.

Benzinga

Bill Ackman's Bet On Google Pays Off: Up $830 Million Since Q2

Legendary investor Bill Ackman made a big bet on Alphabet Inc (NASDAQ:GOOG)(NASDAQ:GOOGL), picking the company as one of the winners in the artificial intelligence space. The initial stake and increased position size in Alphabet have paid off nicely for Ackman in recent months.

Benzinga

EPAM Joins Oracle To Boost AI And Cloud For Businesses

EPAM Systems Inc. (NYSE:EPAM) announced on Tuesday that it has deepened its partnership with Oracle Corporation (NYSE:ORCL) to help companies in sectors such as healthcare, life sciences, financial services, and insurance adopt Oracle Cloud Infrastructure (OCI) and artificial intelligence services.

Benzinga

What's Going With IREN Stock On Tuesday

IREN Limited (NASDAQ:IREN) shares advanced on Tuesday after the data center operator announced a new batch of multi-year agreements with major artificial intelligence companies that are deploying NVIDIA Corporation’s (NASDAQ:NVDA) Blackwell GPUs.

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Euronews

Kazakhstan’s quiet revolution: Crypto, AI, and a tech transformation

A country once known for its oil and vast grassland plains is now racing to become Central Asia’s digital powerhouse — betting on artificial intelligence, AI governance, and crypto assets to reinvent its future.

Benzinga

Applied Materials Unveils Next-Gen Chipmaking Systems, Aims To Boost AI Logic And Memory Performance

Applied Materials (NASDAQ:AMAT) unveiled a suite of advanced semiconductor manufacturing systems to enhance the performance and efficiency of logic and memory chips that power artificial intelligence computing.

Benzinga

Ken Griffin Warns AI Boom Could Take Decades, Not Years: 'Could Be 20 Years…It Can Be 30 Years'

Billionaire investor and Citadel CEO Ken Griffin is pumping the brakes on the rampant enthusiasm for artificial intelligence (AI), warning that its true economic impact may be decades away while simultaneously sounding the alarm on immediate economic threats, including high inflation and a historically weak U.S. dollar.

Benzinga

IREN Stock Up Nearly 900% Over 6 Months, Rises 8% Before The Bell: What's Driving The Surge?

Shares of IREN Ltd (NASDAQ:IREN) climbed 8% in pre-market trading on Tuesday, as the data center operator announced multi-year agreements with major artificial intelligence companies deploying NVIDIA Corp.’s (NASDAQ:NVDA) Blackwell GPUs.

Benzinga

Jeff Bezos, David Solomon And Now Sam Altman Warns Of A Brewing AI Bubble, But Expert Says 'They Want The Bubble To Pop:' Here's Why

As titans of tech and finance publicly sound the alarm on a brewing Artificial Intelligence (AI) bubble, macro investment expert Jim Bianco suggests their warnings mask a more predatory strategy: they actively want the bubble to pop.

Benzinga

Broadcom's Big AI Move In Japan Could Slash Data Center Power Use By Half

Broadcom (NASDAQ:AVGO) is expanding its footprint in Japan's artificial intelligence chip ecosystem through a new partnership with NTT to develop optical semiconductor devices designed to cut data center power use by up to 50%.

Benzinga

Elon Musk Names Former Morgan Stanley Banker Anthony Armstrong As xAI CFO Amid $200 Billion Valuation Push: Report

Elon Musk has reportedly appointed former Morgan Stanley (NYSE:MS) banker Anthony Armstrong as the new chief financial officer of his artificial intelligence firm xAI.

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