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Oracle founder Larry Ellison loses more than $47 billion in less than 7 days

Larry Ellison has lost more than $47 billion in personal wealth in less than a week as shares of Oracle continued to fall ahead of the company's earnings report. Ellison's fortune dropped from about $296 billion last Tuesday, June 2 to around $249.7 billion, according to Forbes' Real-Time Billionaires List. The fall comes as investors pull back from technology and AI-related stocks, leading to a broader selloff across the sector.

Times of India 1d ago

Cartridges at Scale: Training Modular KV Caches over Large Document Collections

arXiv:2606.04557v1 Announce Type: new Abstract: Large Language Models can reason over long contexts, yet prefilling millions of tokens is wasteful as much of the content remains static across queries. Cartridges address this by distilling document collections into reusable key-value (KV) caches that eliminate prefilling while preserving accuracy. A critical limitation of this approach is that cartridges are monolithic and non-compositional: encoding an entire collection into a single KV...

arXiv CS 7d ago

Nvidia jumps into PCs with new Arm-based chip debuting in laptops from Microsoft, Dell, HP

Nvidia has emerged as the world's most valuable company by dominating the market for AI chips in the data center. Now the company is expanding its prowess to chips that will serve as the main processor for personal computers, entering an arena that's long been ruled by Intel, Advanced Micro Devices, Qualcomm and Apple. During a keynote address at Taiwan's Computex conference on Monday, Nvidia CEO Jensen Huang unveiled a new N1X processor made alongside Microsoft.

CNBC 10d ago

Analysis:Software stocks bounce back - now comes the hard part

Analysis:Software stocks bounce back - now comes the hard part June 3 : Software stocks have rebounded from a punishing selloff as investors are betting that AI may boost the sector rather than leaving it for dead. The iShares Expanded Tech-Software Sector ETF has surged nearly 42 per cent from its April low, turning fears that AI would rip the heart out of the industry into hopes that software firms will enlist AI as a valuable ally. The software ETF is down under 2 per cent for 2026 after...

Channel News Asia 8d ago

Design and Evaluation of Multi-Agent AI Oracle Systems for Prediction Market Resolution

Announce Type: new Abstract: Prediction markets aggregate collective intelligence to forecast uncertain events, but their utility depends on reliable outcome resolution. Existing oracle systems tradeoff fast but brittle automation against accurate but costly human arbitration. Single-LLM oracles achieve meaningful accuracy but inherit all failure modes of their underlying model with no self-correction mechanism.

arXiv CS 10d ago

Bridging Expert Knowledge and Automated Feature Engineering via Self-Evolution

arXiv:2606.08800v1 Announce Type: new Abstract: In high-stakes settings such as brand compliance, clinical care, and content moderation, machine learning cannot be deployed as opaque oracles: practitioners inspect the features driving model decisions, and models must leverage the expert documentation governing these domains. In practice, the data arrives as unstructured content, and features extracted from it must be interpretable, discriminative, and aligned with what experts consider...

arXiv CS 2d ago

Domain expertise has always been the real moat

Domain Expertise Has Always Been the Real Moat The hard part of writing software has never been the writing. It was building a working model of the domain in your head first. Before you could ship a payroll system you had to understand garnishments and pre-tax deductions and what happens when someone’s pay period straddles a rate change.

Hacker News 11d ago