Fear of AI Replacing Software Makers Hits Stocks. Here’s What to Know.
The prospect of disruptions from artificial intelligence has hung over the economy for years. But this week advances in software tools precipitated a sell-off on Wall Street.
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The prospect of disruptions from artificial intelligence has hung over the economy for years. But this week advances in software tools precipitated a sell-off on Wall Street.
“A very valuable and profitable company in SpaceX has acquired a cash furnace named xAI.”
The company reported a strong holiday quarter on Thursday. But its big spending on things like artificial intelligence and satellites is starting to make investors nervous.
Moscow’s forces fighting in Ukraine are experiencing outages on the front, Russian military bloggers said, days after Elon Musk said his satellite service had cut them off.
IT minister Shaza Fatima says Pakistan to ensure benefits of digital progress reach youth, women and member countries Pakistan took over the chairmanship of the Digital Cooperation Organization (DCO) at its fifth General Assembly held in Kuwait on February 05, 2026. Photo: APP Pakistan on Thursday took over the chairmanship of the Digital Cooperation Organisation … Read more
Move follows sharp rise in deepfake content and concerns over online abuse, fraud LONDON: Britain will work with Microsoft (MSFT.O), academics and experts to develop a system to spot deepfake material online, the government said on Thursday, as it moves to set standards for tackling harmful and deceptive AI-generated content. While manipulated material has circulated … Read more
Is this the year the internet changes forever?
Prosecutors are investigating X over content, AI chatbot Grok, fraudulent data extraction US tech billionaire Elon Musk on Tuesday described a search conducted by French authorities at the Paris offices of his social media platform X as a “political attack”. Musk remarked in response to a statement from X’s Global Government Affairs, which said the … Read more
The announcement is part of a broader push by countries to curb access to online platforms for minors. It also points to Europe’s stricter approach to regulating social media.
PM Sanchez announces age-verification mandate, criminalisation of algorithmic manipulation A high school student poses with his mobile phone showing his social media applications in Melbourne, Australia, November 28, 2024. Source: REUTERS MADRID: Spain plans to ban access to social media for teenagers under 16 and platforms will be required to implement age-verification systems, Prime Minister … Read more