IBM Stock Closes Down More Than 25% After Pre-announced Earnings Results
IBM (IBM) ended trading Tuesday down more than 25%, its worst drop since at least 1968, after the company preannounced earnings that fell well below Wall Street's expectations. Analysts had expected IBM to report adjusted earnings per share (EPS) of…
Meta Will Invest in First Artificial Intelligence Data Centre in Canada
Meta, the parent company of Facebook and Instagram, announced Wednesday that it will invest more than US$9.1 billion to build its first artificial intelligence data centre in Canada—the company’s largest AI facility outside the United States. The…
Pope creates artificial intelligence study group as Vatican prepares to release his first encyclical
VATICAN CITY (AP) — Pope Leo XIV has created a study group on artificial intelligence, the Vatican said Saturday, as he gears up to release his first encyclical that is expected to emphasize the need for an ethics-based approach to the technology…
From Cisco to Block, more companies are pointing to AI when unveiling job cuts
NEW YORK (AP) — Layoffs have been piling up recently, especially in the tech world. And the words “artificial intelligence” are accompanying more and more notices about the cuts. That’s unnerving workers across sectors, with many fearing what the…
Meta launches WhatsApp ‘incognito’ mode to address privacy concerns for AI chats
LONDON (AP) — Meta Platforms said Wednesday it’s rolling out an “incognito” mode for WhatsApp users to have private conversations with its AI chatbot, a move intended to ease privacy concerns about sensitive information that users share in chats.…
Is your phone listening to you?
A lot of people have had a very creepy experience with their phones. One woman told us, "Sometimes when I talk about something with my friends, then I'll, like, look on TikTok 30 minutes later – and the same thing will show up." One visitor to New…
Meta pulls ads aimed at recruiting plaintiffs for social media addiction lawsuits
CHICAGO, April 9 (Reuters) - Meta Platforms, opens new tab said on Thursday it is pulling ads from Facebook and Instagram aimed at recruiting new plaintiffs for ongoing litigation accusing it and other social media companies of designing their…
Exclusive: Anthropic weighs building its own AI chips, sources say
SAN FRANCISCO, April 9 (Reuters) - Artificial intelligence lab Anthropic is exploring the possibility of designing its own chips, three sources said, as the company and its rivals respond to a shortage of AI chips needed to power and develop more…
Photos show stunning views of the moon and Earth from the Artemis II mission
The Artemis II astronauts — three Americans and one Canadian — hurtled deeper into space than any other humans during a moon flyby Monday that marks NASA’s lunar comeback. They were greeted by a total solar eclipse as they became the first to gaze…
Car giant Hyundai to use human-like robots in factories
Hyundai Motor Group says it will roll out human-like robots in its factories from 2028, as major companies race to use the new technology. The South Korean firm showed off Atlas, a humanoid robot developed by Boston Dynamics, at the Consumer…