(Bloomberg) — It’s been three years since OpenAI (OPAI.PVT) set off euphoria over artificial intelligence with the release of ChatGPT. And while the money is still pouring in, so are the doubts about ...
Three Harvard faculty said they think fears that an artificial intelligence bubble will burst — leading stock prices to collapse in the wake of soaring investments into AI companies — are overblown ...
SIMI VALLEY, California.—The White House has greenlit a plan to design and build a frigate domestically as part of its proposed “Golden Fleet,” Navy Secretary John Phelan announced at the Reagan ...
The Trump administration offered states a deal: pledge to enact White House-favored policies for a chance to win a bigger share of the $50 billion aimed at transforming the nation’s struggling rural ...
The OpenAI CEO, Sam Altman, is facing a crisis on several fronts (Getty Images) Sam Altman is privately panicking. In the week that he was supposed to be celebrating ChatGPT’s third birthday, the ...
As Sir Isaac Newton discovered, the core scientific law of gravity is that what goes up must come down. The principle applies in many areas, which is why markets are jittery about the near-unchecked, ...
The Bank of England has warned of a "sharp correction" in the value of major tech companies with growing fears of an artificial intelligence (AI) bubble. It said share prices in the UK are close to ...
Welcome to the award-winning Money Distilled newsletter. I’m John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money. I thought ...