Back in May, Builder.ai, once a high-flying startup touted as a path-clearing AI-powered app builder, filed for bankruptcy in the U.S., culminating a spectacular fall that has become a cautionary tale in today’s AI frenzy. The filing followed a flurry of activity that saw creditors seize its accounts, the revelation that it may have been […]
Meet the Silicon Valley Donors Backing California’s Redistricting Push
In the latest sign that Silicon Valley titans are increasingly throwing their weight behind political issues, Netflix co-founder Reed Hastings has contributed $2 million to support Gov. Gavin Newsom’s Proposition 50 campaign. The move is the latest underscoring how Silicon Valley’s deep-pocketed executives are increasingly wielding influence in California politics and beyond. The November ballot […]
Touted As The Tesla-Killer, Lucid Scrambles to Stay On The NASDAQ
Beleaguered electric vehicle company Lucid Motors (LCID) has implemented a reverse stock split, consolidating shares to meet NASDAQ’s $1 minimum trading price and prevent delisting. As of Friday, Lucid’s share price was down over 96% from its all-time high of $64.86, reached in February 2021. While this move may protect the company from being removed […]
Meet the Top 10 AI-Proof Jobs That Everyone Wants
AI is rapidly scaling in the workforce and creating fears of an employment crisis, as workers and people entering the workforce try to figure out if their career is on the chopping block. That quick pace is backed by emerging data. As a result, people are trying to find “AI-proof” jobs that can guarantee job […]
Meta Stock Drops On News It Used Taylor Swift As Chatbot Without Permission
Meta has ignited a firestorm after chatbots created by the company and its users impersonated Taylor Swift and other celebrities across Facebook, Instagram, and WhatsApp without their permission. Shares of the company have already dropped more than 12% in after hours trading as news of the debacle spread. Scarlett Johansson, Anne Hathaway, and Selena Gomez […]
AI Is Golden or ‘Not Rational’: Wall Street’s Battle With Which Road to Take
As investments in artificial intelligence continue to soar, some analysts are raising alarms about a looming bubble that could burst and trigger broader market declines. Others, however, say they’ve never been so sure that it is a growing opportunity. So who is right? Well, on Wall Street, there’s a pick-your-flavor opinion for whatever it is […]
What Tech Jobs Don’t Drug Test? That Might Depend
Workers who live in states where cannabis is legal often face a conundrum. Can they continue using a substance deemed by lawmakers to be fit for public consumption, even if they may have an employer who might drug test? Or do they avoid it all together, because they don’t know what their employer’s drug policy […]
No Amount of Money Can Make People Want to Work for Zuck
How much would you have to get paid to spend any amount of time with Mark Zuckerberg? For some of the folks who have joined Meta’s AI team, millions of dollars simply is not enough. According to a new report from the Financial Times, the Meta AI lab is such a mess (and presumably, Zuck […]
‘The Magic of Burning Man’: Elon Musk’s DOGE Point Man is Now An MDMA Consigliere
Antonio Gracias, Elon Musk’s close ally and Tesla (TSLA) board member, has pivoted to a controversial takeover of Lykos Therapeutics, a biotech firm developing MDMA-based therapies once rejected by the FDA for safety concerns, The Guardian reports. As the psychedelics industry inches toward mainstream acceptance, new developments reveal how politics, science, and industry interests are […]
Crypto Mining Stock Is Up 400% This Year As It Inks Nvidia Deal
Shares of Iren (IREN), an AI, cloud, and data center company, jumped nearly 15% on August 29 after announcing it had achieved “preferred partner” status with Nvidia. The designation is seen as a significant endorsement, positioning Iren as a key collaborator in Nvidia’s expanding ecosystem for AI and data center solutions. In addition to the […]