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Firms spent heavily on AI. Now rising costs are outpacing its value
Firms spent heavily on AI. Now rising costs are outpacing its value All this artificial intelligence spending was showing no noticeable increase in productivity, Uber’s chief operating officer says AI is getting expensive – and companies are starting to rethink their embrace of the disruptive technology. Playing by a well-worn Silicon Valley playbook, artificial intelligence companies charged rock-bottom prices to hook customers after ChatGPT burst onto the scene.
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Google co-founder Sergey Brin just became the latest high-profile member of the tech world to throw his financial support behind a Republican. Brin gave Los Angeles mayoral candidate Spencer Pratt a maximum donation of $1,800 on May 27, according to municipal campaign finance records. Other big names in tech making contributions to the mayoral hopeful include Palantir’s chief technology officer, SpaceX’s director of solar production, a communications executive at TikTok, the co-chairman and...
Spencer Pratt rides Big Tech’s rightward wave as latest Silicon Valley titan opens wallet
Google co-founder Sergey Brin just became the latest high-profile member of the tech world to throw his financial support behind a Republican. Brin gave Los Angeles mayoral candidate Spencer Pratt a maximum donation of $1,800 on May 27, according to municipal campaign finance records. Other big names in tech making contributions to the mayoral hopeful include Palantir’s chief technology officer, SpaceX’s director of solar production, a communications executive at TikTok, the co-chairman and...
Ubers COO says its getting harder to justify the money spent on AI tokenmaxxing
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Uber sets AI usage limit for employees after exceeding AI budget
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Elon Musk Is Dropping a Boulder in a Kiddie Pool
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Papa Johns drone delivery skips the pizza
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Apple's WWDC: Tim Cook's AI legacy at stake in his final developer conference as CEO
Apple heads into next week's Worldwide Developers Conference with its stock near record highs, iPhone momentum improving and one unresolved question hanging over Tim Cook's final developer conference as CEO: Can Apple finally deliver the artificial intelligence experience it promised two years ago? The expected centerpiece of WWDC is a major overhaul of Siri, Apple’s long-criticized voice assistant. Analysts expect Apple to show a more powerful version of Siri with a standalone chatbot-style...
Microsoft’s AI chief says superintelligence is near, but won’t take your job
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AI is blowing up music. How should the Grammys handle it?
Today I’m talking with Harvey Mason Jr., who is CEO of the Recording Academy — that’s the outfit that puts on the Grammy Awards. I last talked to Harvey in 2024, when it was obvious that generative AI would upend the music industry, but still not exactly clear how that would happen. Well, it’s been 18 months since that conversation, and you’re going to hear Harvey say that AI is now “omnipresent” in music production. And Harvey knows what he’s talking about — he is himself a legendary...