AI Productivity Gains May Slow U.S. Hiring, Hassett Says
Kevin Hassett warns that AI-fueled productivity growth could slow hiring in the near term, though strong output and income gains may offset labor softness.
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Kevin Hassett warns that AI-fueled productivity growth could slow hiring in the near term, though strong output and income gains may offset labor softness.
AI-driven demand for HBM chips is tightening memory supply, raising prices and pressuring consumer electronics and automotive sectors heading into 2026.
South Korea’s Bone AI emerges from stealth with $12M in seed funding and early B2G contracts, aiming to become a major “physical AI” player by unifying autonomy, hardware, and manufacturing.
Billionaire Peter Thiel sold his entire stake in Nvidia, totaling nearly $100 million, amid fears of an AI-driven tech bubble and rising concerns over inflated valuations in the sector.
Tokyo-based Sakana AI closed a ¥20 billion ($135M) Series B round, valuing the startup at $2.65 billion. The company builds generative AI models optimized for Japanese language, culture, and enterprise needs.
Oracle’s bonds are under pressure after reports indicated the company may take on an additional $38 billion in debt to expand its AI and cloud infrastructure, raising concerns among investors.
OpenAI says ChatGPT can now avoid using em dashes when instructed, addressing a long-standing issue that made the punctuation a common marker of AI-generated text.
Spain’s ACS and BlackRock’s Global Infrastructure Partners have created a €2 billion joint venture to develop a 1.7GW data center portfolio as demand for AI and cloud infrastructure accelerates.
Disney plans to introduce AI-driven short-form user-generated content and game-like features on Disney+, aiming to enhance engagement and allow fans to create content using Disney IP.
Anthropic is refining its Claude AI chatbot to treat political viewpoints evenly, using system prompts, reinforcement learning, and open-source evaluation tools to reduce bias.