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artificial intelligence

White House against Anthropic expanding Mythos model access: report

White House against Anthropic expanding Mythos model access: report

The White House is opposing Anthropic's plans to expand access to its new artificial intelligence model Mythos to 120 companies, the Wall Street Journal reported Wednesday. President Donald Trump's administration and Anthropic had only recently started to mend ties following a dispute over the AI firm&

Samsung Electronics posts record quarterly profit on AI boom

Samsung Electronics posts record quarterly profit on AI boom

Samsung Electronics said Thursday that operating profit soared 750 percent on-year to a record high in the first quarter thanks to strong sales of chips crucial for artificial intelligence, and forecast continued healthy demand in the next three months. The South Korean technology giant has emerged as a key

Samsung Electronics posts record quarterly profit on AI boom

Samsung Electronics posts record quarterly profit on AI boom

Samsung Electronics said on Thursday its quarterly operating profit had jumped 750 percent year-on-year to a record 57.2 trillion won ($38.4 billion) on the back of strong sales of chips crucial for artificial intelligence. The South Korean technology giant has emerged as a key player -- along

Energy industry insiders advise lawmakers on supporting AI growth, protecting ratepayers

(The Center Square) – Energy industry experts testified before Congress about what lawmakers should include in legislation looking to support the rapid expansion of artificial intelligence while protecting ratepayers from affected energy costs. The House Committee on Energy and Commerce held a hearing Wednesday discussing multiple bills that have been drafted

Meta chief Zuckerberg doubles down on AI spending

Meta chief Zuckerberg doubles down on AI spending

Meta chief Mark Zuckerberg on Wednesday defended massive spending on artificial intelligence that dragged down shares despite strong earnings boosted by the technology. The social networking colossus raised its capital expenditures for this year to a range of $125 billion to $145 billion without laying out exactly how that investment

Google-parent Alphabet soars as Meta stumbles over AI costs

Google-parent Alphabet soars as Meta stumbles over AI costs

Google-parent Alphabet impressed Wall Street with its latest quarterly earnings on Wednesday, as big tech rival Meta left investors lukewarm amid concerns about the huge cost of AI development. The earnings -- along with reports from Microsoft and Amazon -- came as AI titans pump billions of dollars into cloud computing

'I literally was a fool': Musk grilled in OpenAI trial

'I literally was a fool': Musk grilled in OpenAI trial

Elon Musk faced fiery questioning Wednesday in his court showdown with OpenAI, as he insisted that the maker of ChatGPT had fooled him by turning what was an altruistic pursuit into a profit-making juggernaut. His second day of testimony in federal court in Oakland, California grew testy at times,