Techno-optimists, doomsdayers and Silicon Valley’s riskiest AI debate

Techno-optimists, doomsdayers and Silicon Valley’s riskiest AI debate

WASHINGTON, DC – SEPTEMBER 13: OpenAI CEO Sam Altman speaks with reporters on his arrival to the Senate bipartisan Artificial Intelligence (AI) Insight Forum on Capitol Hill in Washington, DC, on September 13, 2023. (Photo by Elizabeth Frantz for The Washington Post via Getty Images) The Washington Post | The Washington Post | Getty Images …

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Amazon launches Project Kuiper satellite internet prototypes

Amazon launches Project Kuiper satellite internet prototypes

“We’ve done extensive testing here in our lab and have a high degree of confidence in our satellite design, but there’s no substitute for on-orbit testing,” Project Kuiper vice president of technology Rajeev Badyal said in a statement before the launch. United Launch Alliance Atlas V rocket carrying the first two demonstration satellites for Amazon’s …

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AI job losses are rising, but the numbers don’t tell the full story

AI job losses are rising, but the numbers don’t tell the full story

According to a recent report of 750 business leaders using AI from ResumeBuilder, 37% say the technology replaced workers in 2023. Meanwhile, 44% report that there will be layoffs in 2024 resulting from AI efficiency. But even amid reports of AI-inspired layoffs, many experts disagree with Musk’s view. Julia Toothacre, resume and career strategist at …

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Amazon to connect Kuiper internet satellites with laser links

Amazon to connect Kuiper internet satellites with laser links

A visualization of laser links connecting Kuiper satellites in orbit around the Earth. Amazon Amazon will include a key speed-boosting technology in its coming Project Kuiper internet satellites, the company announced Thursday. Amazon says it tested the laser link tech successfully during its recent Protoflight mission. Traditionally, satellites are limited to sending data between an …

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Buy this little-known internet stock with 50% upside

Buy this little-known internet stock with 50% upside

The growing digital advertising market and rapid advancements in generative artificial intelligence should benefit Opera, according to Goldman Sachs. Analyst Eric Sheridan initiated coverage of Norway-based Opera Limited with a buy rating and $16.50 price target. That forecast implies shares could gain nearly 51% over the next 12 months. Shares of Opera, which makes desktop …

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Goldman names its favorite internet stock for 2024

Goldman names its favorite internet stock for 2024

Goldman’s top large-cap internet pick for 2024 is Amazon , which the firm expects will explore new growth avenues by capitalizing on evolving e-commerce trends and artificial intelligence advancements. According to analysts led by Eric Sheridan, several themes can drive Amazon higher in the next 12 months, including: Rising “utility nature” of Amazon Prime users’ …

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Stock Markets: A new AI gem

Stock Markets: A new AI gem

Signage is displayed outside the Broadcom offices on June 7, 2018 in San Jose, California. Justin Sullivan | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they …

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Korean conglomerate LG and Qraft combine AI and asset management in this ETF

Korean conglomerate LG and Qraft combine AI and asset management in this ETF

South Korean conglomerate LG and Qraft Technologies partnered to launch an exchange traded fund that uses artificial intelligence to take investors’ emotions out of the stock-picking process. The LG Qraft AI-Powered U.S. Large Cap Core ETF (LQAI) , which debuted in early November, marks LG’s first step into tapping its AI technology for financial markets. …

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