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A Punishing AI Selloff Cascades Into Asia
As post-midterms AI anxiety grips global markets, investors are selling first and asking questions later.
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TECHNOLOGY
Technology, platforms, AI and the tech industry.
TECHNOLOGY // WIRE
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Big Take: In AI Trade, Sell First, Ask Questions Later (Podcast)
Source: Bloomberg, 14:30
Protesters break into Microsoft data centre site in Amsterdam
Data centres face protests across Europe due to the massive amounts of computing power and water they use.
World's tallest women's college basketball player makes her debut for Texas Tech
Stephanie Okechukwu posted 10 rebounds and three blocks in her Texas Tech debut, and the NCAA just granted the 7-foot-1 Nigerian four years.
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OpenAI Completes $11 Billion Portion of Funding at $1.25 Trillion Value
OpenAI has closed on new funding of roughly $11 billion, the initial part of a round that values the company at $1.25 trillion, according to people familiar with the matter.The funding was wired to the company as of Friday, said the…
As Seen on FOX & Friends: Fun STEAM Toys for National STEAM Day
Celebrate National STEAM Day with these fun and educational toys, teaching physics, math and more concepts in a kid-friendly way, as seen on Shopping With Friends.
FINANCIAL TIMES CORPORATE ACCOUNTABILITY
Ex-OpenAI employee accused of spying pleads not guilty
Abdulrahman Alfozan, a Saudi Arabian national, was arrested last month after a bug was discovered in the AI lab’s office
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US Job Gains May Be Spreading From AI Buildout to Implementation
White-collar consulting jobs tied to AI implementation may be joining blue-collar construction and manufacturing jobs tied to the data center buildout as a driver of US employment growth.
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Bloomberg Businessweek Daily: Midterms Expose AI Risk (Podcast)
Source: Bloomberg, 0:00
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Time to Move Forward With 'Sensible' AI Regulation, Says Rep. Liccardo
Democrat Representative from California Sam Liccardo said that congress has 'issued a lot of press releases' on issues surrounding technology, but haven't managed to push meaningful legislation over the finish line. Liccardo, whose…
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Power On: How Private Is an Always-Listening Apple Watch?
Apple is bringing some its most ambitious AI capabilities to its products. As AI becomes increasingly woven into daily life, questions over privacy are likely to follow. On this episode of the Power On podcast, Mark Gurman and Vlad Savov…
This non-toxic cutting board is up to 40% off — and it even sharpens knives
Shop this dual-sided titanium and wheat straw cutting board with separate surfaces for meat and produce, plus a built-in knife sharpener. FOX readers save up to 40%.
OpenAI bugging suspect Alfozan pleads not guilty
Saudi national Abdulrahman Alfozan is charged in an indictment with planting a recording device in a conference room at artificial intelligence giant OpenAI.
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Don’t F#*k It Up, Democrats: The Battle To Break Big Tech’s Power
In Episode 2 of The Lever’s new video series, David Sirota asks Gil Duran and Saikat Chakrabarti whether Democrats will confront the tech broligarchy — or bail it out.
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Google Takes Over Wyoming Data Center That Crusoe Had Pitched
Alphabet Inc.’s Google has bought out Crusoe’s data center site in southeast Wyoming, opting to take on the project itself after the AI computing upstart failed to lock in customers.
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Onsemi Scraps Plan for $2 Billion Expansion in Czech Republic
ON Semiconductor Corp. scrapped plans for a semiconductor expansion in the Czech Republic that was initially valued at as much as $2 billion.
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Waters Eyes Private Equity, AI, Affordability in House Gavel Bid
Representative Maxine Waters signaled she is open to expanding retail investor access to private companies while also reining in “bad private equity actors” if Democrats tap her to lead a key panel next year.
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OpenAI Staffer Pleads Not Guilty to Office Bugging Charge
An OpenAI engineer charged with planting a hidden recording device in one of the company’s offices pleaded not guilty in federal court.
ELECTRONIC FRONTIER FOUNDATION CIVIL LIBERTIES
Google Forcing AI on Students Is BS
Google is rightfully facing blowback for forcing K-12 schools to enable AI if they wanted to keep using Google search. The company quickly backtracked and decoupled and turned off the services by default, but made it clear search will…
THE NEW YORK TIMES — POLITICS POLITICS
Amazon Follows Melania Trump Film With Two-Part Series by the Same Director
The documentary, which the first lady executive produces, will debut on Nov. 20. Brett Ratner directs.
3 charged in $129 million AI scheme targeting thousands of companies
Their victims included hospital systems in Missouri and California, a bank in Rhode Island, a financial technology company in the United Kingdom, a mutual fund company in Massachusetts and a pet food company in Florida, according to court…
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AI Policy Moves From Washington to the States
AI emerged as a major issue in the midterm elections, but what that means for policy — and the massive data center buildout — remains uncertain. Atlantic Council senior fellow and former Federal Reserve System Chief Innovation Officer…
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Tech Stocks Rebound as Dip Buyers Return to AI Trade
Bloomberg’s Tim Stenovec takes a look at what's driving a rebound in tech stocks as dip buyers step in to support the battered AI trade. Plus, Anthropic's IPO plans are hit by the post-election selloff, prompting prospective investors to…