Kevin Hassett Says There’s No Evidence AI Is Replacing Jobs Yet
White House adviser Kevin Hassett says AI is not yet causing job losses despite ongoing tech layoffs tied to automation and productivity gains.
White House adviser Kevin Hassett says AI is not yet causing job losses despite ongoing tech layoffs tied to automation and productivity gains.
OpenAI is creating a new enterprise deployment company backed by more than $4 billion in initial funding and acquiring AI consulting firm Tomoro.
SoftBank is reportedly evaluating a multibillion-dollar AI data center project in France following talks with President Emmanuel Macron.
OpenAI is launching a new initiative to partner with university student clubs around the world. The program will support AI education, student-led events, campus research, and early access to OpenAI tools and programs.
OpenAI has released three new realtime audio models for developers, including GPT-Realtime-2 for conversational AI agents, a live translation system supporting more than 70 languages, and a streaming speech-to-text model.
Alphabet plans its first yen-denominated bond sale as Big Tech increasingly turns to debt markets to finance AI infrastructure.
HSBC raised its year-end S&P 500 target, citing strong AI-driven earnings growth led by major technology companies.
The European Commission is in ongoing talks with OpenAI and Anthropic over AI model access, transparency, and regulatory engagement.
Tether Data has introduced QVAC MedPsy, a family of compact medical AI models designed for smartphones, laptops, and edge devices. The company claims the models outperform significantly larger healthcare-focused systems while reducing inference costs and token usage.
Nvidia partners with Corning to expand U.S. optical fiber manufacturing, scaling AI data center infrastructure and domestic production capacity.
Meta is developing a personalized AI assistant powered by Muse Spark, aiming to automate everyday tasks across its platforms.
Elon Musk said xAI will cease operating as an independent company and become fully integrated into SpaceX under a new SpaceXAI structure. The move combines Musk’s AI models, compute infrastructure, and aerospace operations into a single organization.
OpenAI has released ChatGPT integrations for Excel and Google Sheets, allowing users to build, edit, and analyze spreadsheets directly inside the applications.
Panthalassa has raised $140 million to scale offshore AI computing systems powered by ocean waves. The company says its floating infrastructure could help solve the energy and cooling constraints facing AI data centers.
Anthropic has signed a compute agreement with SpaceX that adds access to more than 220,000 NVIDIA GPUs at the Colossus 1 data center. The added capacity is already being used to raise Claude usage limits and API availability.