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Apollo says AI has delivered 'zero financial payoff' outside the tech industry(businessinsider.com)
5 points by levzettelin | 1 comments
Business Insider article on an Apollo economic analysis by Torsten Slok arguing AI has delivered no financial payoff to companies outside the tech sector.
Steve Wozniak cheered after telling students they have AI – actual intelligence(businessinsider.com)
529 points by signa11 | 451 comments
Business Insider article on Apple cofounder Steve Wozniak being cheered at a graduation speech for telling students they all have 'actual intelligence'.
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IBM CEO says open weight models are now good and cheap on-prem(theregister.com)
364 points by Betelbuddy | 261 comments
The Register reports IBM CEO Arvind Krishna's Q3 earnings call remarks that open weight models now offer 90% of frontier performance at a fraction of the cost for on-prem use.
Banks are now trying to offload the AI data center debt they just underwrote(startupfortune.com)
341 points by smartmic | 237 comments
Startup Fortune article reporting that JPMorgan, MUFG and other banks are struggling to distribute $38 billion in construction debt for Oracle-leased AI data centers.
AI models may soon self-replicate without access to data centers(reuters.com)
25 points by samizdis | 38 comments
Reuters article on an Anthropic warning that AI models may soon be able to self-replicate without access to data centers; page shows a device verification screen.
AI needs $6T in annual revenue to justify data centre boom(thenationalnews.com)
158 points by Betelbuddy | 191 comments
The National news article reporting that the AI industry would need about $6 trillion in annual revenue by 2031 to justify the data centre build-out.
IBM completes acquisition of HashiCorp(newsroom.ibm.com)
440 points by ahurmazda | 310 comments
IBM press release announcing it has completed its acquisition of HashiCorp to build an end-to-end hybrid cloud platform.
CEOs who think AI replaces their employees are just bad CEOs(techdirt.com)
760 points by speckx | 277 comments
Techdirt opinion piece by Mike Masnick arguing that CEOs who mandate AI use or see it as replacing employees are bad leaders.












