Elon Musk’s business empire is sprawling. It includes electric vehicle maker Tesla, social media company X, artificial intelligence startup xAI, computer interface company Neuralink, tunneling venture Boring Company and aerospace firm SpaceX. Some of his ventures already benefit tremendously from federal contracts. SpaceX has received more than $19 billion from contracts with the federal government, … Read more
Professor Yoshua Bengio, at the One Young World Summit in Montreal, Canada, on Friday, Sept. 20, 2024 Famed computer scientist Yoshua Bengio — an artificial intelligence pioneer — has warned of the nascent technology’s potential negative effects on society and called for more research to mitigate its risks. Bengio, a professor at the University of … Read more
A general meeting of Deutsche Bank Arne Dedert | picture alliance | Getty Images Deutsche Bank incorrectly disclosed deferred tax assets in its 2019 financial statement which did not meet international accounting standards, the German regulator BaFin said on Tuesday. “The declarations on deferred tax assets in the consolidated financial statement were not complete,” the … Read more
Aerial view of United Airlines passenger planes docked in a terminal of Newark Airport in Newark, New Jersey, on May 11, 2024. Charly Triballeau | Afp | Getty Images Major airlines and an industry trade association asked a federal appeals court to toss out a new Department of Transportation rule requiring earlier disclosure of add-on … Read more
The U.S. government is considering laws to help society adapt to the introduction of artificial intelligence. Early users of the technology are already seeing labor productivity gains. For example, Klarna, a buy now, pay later financial services provider, estimates that its AI assistant tool will increase its profit outcome by $40 million by the end … Read more
Steam rises from the Niederaussem coal-fired power plant operated by German utility RWE, which stands near open-pit coal mines that feed it with coal, on November 13, 2017 near Bergheim, Germany. Lukas Schulze | Getty Images News | Getty Images In order to drive the progress and development of innovative solutions that tackle climate change … Read more
