AI Frenzy: A Week of Mega-Deals, Hiring Freezes, and Geopolitical Uncertainty
"Every action has its price." — Epictetus
⚡ Tech News
- Meta freezes AI hiring, WSJ reports - Reuters
- Meta partners with Midjourney to license AI tech for future products - Reuters
- Nvidia Stock Drops. AI Chip Sales in China Are Under Threat. - Barron's
- India's betting app ban will stoke money laundering - Bloomberg.com
- NVIDIA Introduces Spectrum-XGS Ethernet to Connect Distributed Data Centers Into Giga-Scale AI Super-Factories - NVIDIA Newsroom
- Trump to Announce U.S. Taking Nearly 10% Stake in Intel - Wsj.com
- Apple Explores Google Gemini AI for Siri Revamp - Bloomberg.com
- Opinion | HHS is using AI effectively? Someone’s hallucinating. - The Washington Post
- Exclusive | Meta Freezes AI Hiring After Blockbuster Spending Spree - WSJ - The Wall Street Journal
- Apple Looks to Use Google Gemini for AI, Report Says. Alphabet Stock Hits Record High. - Barron's
- Intel and Trump Administration Reach Historic Agreement - Intc.com
- Nvidia Is Making a New Chip for China Amid Debate on AI Exports - The New York Times
- Meta partners with Midjourney on AI image and video models - TechCrunch
- The AI vibe shift is upon us - CNN
- Mark Zuckerberg Shakes Up Meta’s A.I. Efforts, Again - The New York Times
- YouTube’s Sneaky AI ‘Experiment’ - The Atlantic
- College student’s “time travel” AI experiment accidentally outputs real 1834 history - Ars Technica
- Using an AI chatbot for therapy or health advice? Experts want you to know these 4 things - PBS
- MIT report: 95% of generative AI pilots at companies are failing - Fortune
- Bluesky Blocks Service in Mississippi Over Age Assurance Law - Techcrunch.com
- Real-money Gaming Firms Wind Down Operations - Thehindu.com
- Meta to license AI technology from start-up as in-house models lag rivals - Financial Times
- Apple in talks to use Google's Gemini AI to power revamped Siri, Bloomberg News reports - Reuters
📈 Market News
- Stock market today: Dow jumps 800 points to record, S&P 500, Nasdaq soar as Powell's Jackson Hole finale fuels bets on September rate cut - Yahoo Finance
- S&P 500: $6,466.91 (+1.52%)
- Nikkei: ¥42,633.29 (+0.05%)