Tech CEO lays off 80% of workforce after employees refused to adopt AI

AMD's AI-driven growth potential could reshape tech investment strategies, highlighting the increasing importance of AI in market valuations. The post Bernstein raises AMD price target to $600, betting big on AI chip momentum appeared first on Crypto Briefing.

Apple's cautious AI rollout and reliance on external infrastructure may strain investor patience, risking competitive disadvantage and margin pressures. The post Apple investors demand results amid AI initiative discussions appeared first on Crypto Briefing.

China's proactive AI employment strategy may set a global precedent, prioritizing job stability and innovation in job-creating sectors. The post China plans mechanism to assess AI impact on job market appeared first on Crypto Briefing.

The greatest long-term value in AI will come from companies solving deep technical challenges at the model and infrastructure level rather than application-layer products built on existing AI platforms, writes angel investor Alexander Kardos-Nyheim. In this guest commentary he shares processes and questions he uses to determine the investability of an AI startup.

The EU's negotiations with Anthropic highlight the growing importance of AI diplomacy in balancing security needs and international collaboration. The post EU Commission meets with Anthropic in San Francisco as AI access negotiations heat up appeared first on Crypto Briefing.

Twenty's rapid rise highlights the growing strategic importance of AI in cyber warfare, potentially reshaping defense tech investment priorities. The post Cyber warfare startup Twenty reaches $1B valuation appeared first on Crypto Briefing.

SpaceX's AI investment shift post-IPO could redefine its tech landscape, impacting investor expectations and industry competition dynamics. The post Elon Musk says SpaceX trails rivals in AI race, plans to use $86B war chest appeared first on Crypto Briefing.

A character bearing that name appears in a remarkable number of chatbot-generated stories. He could be a messenger from the future – or a warning that generative AI is in danger of ‘model collapse’ Ever heard of a shadowy figure called Elias Thorne? If you haven’t, try asking an AI chatbot to tell you a story. In recent months, tech types and researchers have noticed a weird phenomenon: when prompted to tell a story, numerous popular LLMs, including ChatGPT and Claude, will spit out a tale featuring this mysterious Elias figure. Continue reading...