MIT study finds AI can already replace 11.7% of U.S. workforce
Massachusetts Institute of Technology on Wednesday released a study that found that artificial intelligence can already replace 11.7% of the ...
Tag: Generative AI
Nvidia name-checks Michael Burry in secret memo pushing back on AI bubble allegations
The fight between Nvidia and one of its loudest naysayers, investor Michael Burry, is escalating.Following the "Big Short" investor's series ...
Data centers are concentrated in these states. Here’s what’s happening to electricity prices
Electricity prices are surging, voters are growing angry, and the artificial intelligence industry's data centers are increasingly a target for ...
Underwater cables are a vital piece of the AI buildout and internet — investment is booming
Over 95% of international data and voice call traffic travels through nearly a million miles of underwater communication cables.These cables ...
Too early to bet against AI trade, State Street suggests
State Street is reiterating its bullish stance on the artificial intelligence trade despite the Nasdaq's worst week since April.Chief Business ...
Qualcomm announces AI chips to compete with AMD and Nvidia — stock soars 15%
Qualcomm announced Monday that it will release new artificial intelligence accelerator chips, marking new competition for Nvidia, which has so ...
‘VOO and chill:’ Why this popular investment strategy may be losing its appeal — even with stocks at all-time highs
Passive investing through exchange-traded funds may be losing its appeal.Tidal Financial Group Chief Revenue Officer Gavin Filmore finds many of ...
Companies are blaming AI for job cuts. Critics say it’s a ‘good excuse’
More companies are announcing AI-driven layoffs from Salesforce to Accenture.Twenty20From tech to airlines, large global companies have been slashing staff ...
AI headshots are changing the way job seekers are seen and get hired in tough labor market
AI headshots are becoming popular on LinkedIn and in professional portfolios as job seekers look for affordable profile pictures to ...
U.S. model upgrades are pushing AI startups to move fast – it’s unclear if Europe can keep up
Founded in 2022, ElevenLabs is an AI voice generation startup based in London. It competes with the likes of Speechmatics ...
