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Amazon CEO Jassy says AI will lead to ‘fewer people doing some of the jobs’ that get automated

Amazon CEO Jassy says AI will lead to ‘fewer people doing some of the jobs’ that get automated

Amazon CEO Andy Jassy said the rapid rollout of generative artificial intelligence means the company will one day require fewer employees to do some of the work that computers can handle. “Like with every technical transformation, there will be fewer people doing some of the jobs that the technology actually starts to automate,” Jassy told […]

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Meta shares hit all-time high as Mark Zuckerberg goes on AI hiring blitz

Meta shares hit all-time high as Mark Zuckerberg goes on AI hiring blitz

Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during the Meta Connect event on Wednesday, Sept. 25, 2024. Bloomberg | Bloomberg | Getty Images Meta shares hit a record high on Monday, underscoring investor interest in the company’s new AI superintelligence group. The company’s shares reached $747.90 during midday trading, topping Meta’s previous stock

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Joby Aviation stock pops 14% after delivering first flying taxi to UAE

Joby Aviation stock pops 14% after delivering first flying taxi to UAE

An electric air taxi by Joby Aviation flies near the Downtown Manhattan Heliport in Manhattan, New York City, U.S., November 12, 2023.  Roselle Chen | Reuters Joby Aviation stock soared about 14% as the flying air taxi maker got closer to launching a service in the United Arab Emirates. The electric vertical takeoff and landing,

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Robinhood gives out tokens of OpenAI and SpaceX in Europe. Stock hits record

Robinhood gives out tokens of OpenAI and SpaceX in Europe. Stock hits record

CANNES — Robinhood stock climbed 10% to an all-time high Monday after the company rolled out tokenized shares of OpenAI and SpaceX to users in Europe as part of a larger crypto rollout. It is the company’s first move to make private equity accessible via blockchain. The announcement, which came Monday during the company’s product showcase

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Robinhood expands its global push, minutes from crypto chief’s old cramped apartment in Cannes

Robinhood expands its global push, minutes from crypto chief’s old cramped apartment in Cannes

CANNES — Fifteen years after flipping burgers at a McDonald‘s and teaching himself to code at night in a cramped apartment near the French Riviera, Robinhood crypto GM Johann Kerbrat is back. The last time he lived around Cannes, he was 21 — with no connections, no funding, and no formal business training. But he

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Google makes first foray into fusion in venture with MIT spinoff Commonwealth Fusion Systems

Google makes first foray into fusion in venture with MIT spinoff Commonwealth Fusion Systems

Google on Monday announced a partnership with Commonwealth Fusion Systems, or CFS, a private company spun off from the Massachusetts Institute of Technology, which marks the tech giant‘s first commercial commitment to fusion. The company unveiled plans to buy 200 megawatts of clean fusion power from what CFS describes as the world’s first grid-scale fusion

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France is betting Eutelsat can become Europe’s answer to Starlink — but experts aren’t convinced

France is betting Eutelsat can become Europe’s answer to Starlink — but experts aren’t convinced

France views Eutelsat as a strategic asset in the EU’s push for technological sovereignty. Benoit Tessier | AFP via Getty Images For years, France’s Eutelsat has been trying to build a European alternative to Elon Musk’s Starlink satellite broadband service. The company merged with British satellite venture OneWeb in 2023, consolidating the region’s satellite communications

France is betting Eutelsat can become Europe’s answer to Starlink — but experts aren’t convinced Read More »

Tesla says it made its first driverless delivery of a new car to a customer

Tesla says it made its first driverless delivery of a new car to a customer

A Tesla logo outside the company’s Tilburg Factory and Delivery Center. Karol Serewis | Getty Images Tesla CEO Elon Musk said the automaker completed its first driverless delivery of a new car to a customer, routing a Model Y SUV from the company’s Austin, Texas, Gigafactory to an apartment building in the area on June

Tesla says it made its first driverless delivery of a new car to a customer Read More »

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