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Business

Elon Musk Predicts AI Will Surpass Human Reasoning Capabilities in the Near Future

Elon Musk announces AI's imminent superiority over human reasoning, citing xAI's Grok-3 Mini's perfect scores on tough reasoning tests, a milestone that even top models like GPT-4....

Business

Meta's Strategic Failures Unveiled: FTC Exposes Desperate Moves Behind Instagram and WhatsApp Acquisitions

The FTC alleges Meta's acquisitions of Instagram and WhatsApp were desperate moves to eliminate competition, not strategic innovations. A trial could force Meta to sell these platf...

Business

OpenAI Set to Revolutionize AI with Upcoming o3 and o4-mini Models Launch This Week

OpenAI is reportedly launching its new o3 and o4-mini AI models this week, capable of generating ideas and analyzing data across multiple fields, though user verification of output...

Business

LVMH Faces a 2% Revenue Dip in Q1, Yet Europe Shines with Growth

LVMH reports a 2% revenue drop in Q1 to €20.3 billion, with fashion and leather goods leading at €10.1 billion. Europe grows by 2%, contrasting with declines in wines and spirits a...

Business

Nvidia Unveils Ambitious Plan to Build AI Supercomputers in the US, Creating Thousands of Jobs

Nvidia announces a plan to manufacture AI supercomputers in the US, partnering with TSMC, Foxconn, and others to build $500 billion in AI infrastructure, creating hundreds of thous...

Business

Goldman Sachs CEO Warns: Rising Recession Risks Amid Global Economic Slowdown

Goldman Sachs CEO David Solomon warns of increased recession risks and a slowdown in global economic activity during a post-earnings conference call. He also comments on President ...

Business

Meta Embarks on AI Training Journey Using EU Public Data to Enhance Cultural Understanding

Meta Platforms Inc. announces the use of EU public content for AI training to better understand regional languages and culture, with opt-out options for users and strict privacy me...

Business

Elon Musk Predicts AI Will Surpass Human Reasoning Soon: A Deep Dive into Grok-3 Mini's Breakthrough

Elon Musk claims AI will soon exceed human reasoning, highlighting xAI's Grok-3 Mini's perfect scores on tough reasoning tests, including the Marcus and Alice+ Problems.