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May 10, 2023
The AI Times is a weekly newsletter covering the biggest AI, machine learning, big data, and automation news from around the globe.
May 3, 2023
Corporate activist Carl Icahn’s fortune tumbled more than $10 billion Tuesday after short-seller Hindenburg Research accused him of using a “ponzi-like”…
May 3, 2023
Oil steadied in Asia after tumbling 5% on Tuesday as data pointed to a possible US recession and investors shunned risk assets. • None Nigeria Targeted a UK…
May 3, 2023
Balaji Srinivasan, the former chief technology officer of Coinbase Global Inc., said he closed out what appeared to be a losing bet that Bitcoin would rise to…
May 3, 2023
The US regional banking crisis is far from over and the Federal Reserve should pause its rate hike campaign, according to former Federal Reserve Bank of…
May 3, 2023
Regional US banking stocks headed for yet another day of heavy losses after the failure of troubled lender First Republic Bank this week leads investors to…
May 2, 2023
PacWest Bancorp and Western Alliance Bancorp each slumped more than 25% Tuesday, leading a renewed selloff in regional lenders as investors continued to gauge…
May 2, 2023
International Business Machines Corp Chief Executive Arvind Krishna said in an interview the company expects to pause hiring for roles as roughly 7,800 jobs could be replaced by Artificial Intelligence in the coming years.
May 2, 2023
It took only four weeks for optimism around Alibaba Group Holding Ltd.’s breakup plan to fizzle. Restoring it will likely be an uphill battle. • None Buffett…
May 2, 2023
KWG Group Holdings Ltd. securities tumbled Tuesday after the firm became the latest Chinese developer to default, even as new-home sales gain steam…