DAILYCALLER (Jack McGeever) - Stocks Take Dip As Industry Leaders Sound Alarm Over AI Moving Too Fast
Tech stocks fell Monday a
NYTIMES (Joe Rennison) - Tech Stocks Shudder in Response to Calls to Slow A.I. Progress
Companies at the forefront of artificial intelligence in Asia, Europe and the United States posted declines after tech leaders expressed worries about the safety of “frontier” A.I. technology.
NPR (John Ruwitch) - SpaceX's revenue rises as its once-soaring stock price drifts back to Earth
On their first earnings call since SpaceX's June public offering, executives said the company is pouring funds into rocket development, Starlink satellites and AI.
AXIOS (Josephine Walker) - OpenAI to pay $3.2M to settle DOJ worker discrimination case
OpenAI agreed Tuesday to pay $3.2 million to settle Justice Department allegations that it discriminated against U.S. workers by favoring temporary visa holders for jobs, according to the DOJ. Why it matters: Slapping a multimillion dollar fine on one of the world's biggest AI companies puts the tech sector on notice that Trump administration is cracking down on companies that game the visa system to bypass American talent. What they're saying: "It is illegal to discriminate against U.S. workers by preferring temporary visa holders for jobs," Assistant Attorney General Harmeet K. Dhillon said in a Tuesday news release. - "This substantial settlement ensures that OpenAI redresses harm and changes its recruitment practices so that…
AXIOS (Zachary Basu) - DeepSeek's new bargain model accelerates AI's race to zero
Data: Axios research; Chart: Sara Wise/Axios Chinese AI lab DeepSeek released a powerful new coding model Friday that charges pennies for vast amounts of code — the latest sign that some of the smartest software on Earth is rapidly becoming a commodity . Why it matters: Tech giants are pouring hundreds of billions of dollars into the computing infrastructure powering the AI revolution. Yet the intelligence that infrastructure produces is getting cheaper by the week. Zoom in: DeepSeek is the same Chinese startup that ignited a market meltdown last January by showing it could build a world-class AI model with far fewer resources than its U.S. rivals. - Its newest model, V4 Flash, performs close to the level of Anthropic's Claude Opus…
NYTIMES (Daisuke Wakabayashi) - In Another Wild Day for South Korean Stocks, Market Surges 15 Percent
After a sharp sell-off, South Korea’s stock market rallied as concerns about overspending on artificial intelligence eased, sending the country’s chip shares higher.
NYTIMES (Kalley Huang) - Apple’s Profit Increases 27 Percent, Topping Wall Street Expectations
The company recently raised prices on a number of products because of component supply shortages caused by the artificial intelligence boom.
NYTIMES (Emmy Martin) - Microsoft Increases Spending on A.I. as Profit Jumps 31.6%
Like other big technology companies, Microsoft is hoping its aggressive spending on artificial intelligence is starting to translate into revenue.
NYTIMES (River Akira Davis) - Tech Stocks Tumble on Worries About A.I. Spending and China’s Chip Competition
South Korea temporarily paused trading on Tuesday as its benchmark stock index led losses across the region, closing more than 10 percent lower.
NYTIMES (Kalley Huang) - Apple Regains Spot Over Nvidia as Most Valuable Public Company
The company slipped by the chipmaker Nvidia, amid growing concern about costs associated with the artificial intelligence boom.