JPMorgan is the latest to raise its S&P 500 target, this time to 8,000. Here’s why
The Wall Street bank said the latest earnings season suggests that the massive investments in artificial intelligence is justified. Source:…
Category: Business
Meta to open source its most powerful AI model as it takes swipe at OpenAI, Anthropic
Meta launched Muse Glimmer and plans to release Muse Spark 1.2 weights as Zuckerberg pushes for U.S. leadership in open…
OpenAI tightens controls on its new model over cybersecurity risks, as AI security debate intensifies
The AI lab said it could not rule out a new model had reached “Critical” capability, meaning it could launch…
House Dems call for AI companies to testify on recent hacks: ‘Clear risk to safety’
A group of House Democrats is calling on leaders of Anthropic, OpenAI and other AI companies to testify in Congress…
Israeli Startup’s Shadowy AI Exploits Rock Big Tech Giants
A small Israeli startup, Irregular AI, has been implicated in a series of sophisticated cyber intrusions targeting major artificial intelligence…
AI Cyber Pandora’s Box Opens: Hugging Face Hack Signals Silent Corporate Threat
A recent cyberattack on Hugging Face, a leading artificial intelligence platform, has exposed critical vulnerabilities in AI infrastructure, signaling the…
AI’s Next Wave: Jobs at Risk in the Automation Revolution
A new wave of artificial intelligence-driven automation is poised to reshape the global workforce, with economists warning that up to…
SaaS Stocks in Free Fall: Is the ‘SaaSpocalypse’ here to stay?
The so-called “SaaSpocalypse” debate has reignited among investors and analysts as software stocks experience extreme volatility, with shares of major…
SpaceX Soars as Analysts Back Musk’s AI-Powered Future Bets
Argus Research has upgraded SpaceX shares to a “buy” rating, citing the company’s aggressive investments in artificial intelligence as a…
Rogue AI on the Rise: Congress Pushes for Emergency Kill Switch Bill
Congress must pass the proposed “AI Kill Switch” legislation before the end of the year to mitigate the rising threat…