Jonathan Wong

Jonathan Wong

The Latest

  • Meta’s Muse Used Human Contractors for AI Phone Calls, Triggering Internal Privacy Backlash
    Meta
    Meta has been quietly testing human assistance behind some phone calls made through its new Muse artificial-intelligence assistant, exposing a gap between the autonomous capabilities the company is promoting and the practical limits of current AI systems. The experiment, detailed by Reuters, prompted internal objections from employees who warned that outside contractors could gain access to sensitive user information.
  • AMD Joins $1 Trillion Club as AI Boom Drives 24% Stock Rally in Five Days
    AMD
    Advanced Micro Devices surpassed $1 trillion in market capitalization for the first time Monday, joining a small group of technology companies whose valuations have been propelled by Wall Street's enthusiasm for artificial intelligence. The milestone followed a five-session rally that lifted AMD shares roughly 24%, as investors increased their bets on the chipmaker's expanding data center business.
  • Saudi Aramco Tells European Buyers No Crude Is Available for October, Sending Oil Back Above $100
    GOING CRYPTO
    Saudi Aramco has told European refiners they won't receive contracted crude shipments next month as damage to Saudi Arabia's East-West pipeline deepens a supply crunch already aggravated by disruptions in the Strait of Hormuz and growing threats to Red Sea shipping, according to Bloomberg. Oil prices erased steep early losses following the report.
  • Nvidia CEO Jensen Huang Rejects Broad AI Rules, Says Governments Should Regulate Products Instead
    Jensen Huang, CEO of Nvidia, shows the NVIDIA Volta GPU computing platform at his keynote address at CES in Las Vegas
    Nvidia CEO Jensen Huang pushed back against broad regulation of artificial intelligence, arguing that governments should police the products and services built with AI rather than regulate the underlying technology itself as policymakers confront growing calls for tighter controls on advanced systems.
  • Warren Buffett Steps Down as Berkshire Chairman at 96, Ending Six-Decade Leadership Era
    ORACLE OF OMAHA
    Warren Buffett is stepping down as chairman of Berkshire Hathaway, ending another chapter of his six-decade stewardship of the $1.1 trillion conglomerate nine months after Greg Abel succeeded him as chief executive. Buffett's son Howard Buffett will become chairman, separating oversight of Berkshire's board from the day-to-day leadership now held by Abel.
  • Zuckerberg Says Meta Delayed Muse for Months but Rejects Calls for Industrywide AI Slowdown
    Facebook
    Meta CEO Mark Zuckerberg pushed back against calls for a coordinated slowdown in frontier artificial-intelligence development, arguing that AI companies already have powerful commercial and legal incentives to make their systems safe and aligned with users.
  • Sam Altman Warns Powerful AI Could Become ‘Extremely Dystopian’ if Control Is Concentrated
    OpenAI Raises $6.5 Billion in Landmark Funding, Valuation Skyrockets to $157 Billion Amid Fierce AI Competition (CEO Sam Altman)
    OpenAI Chief Executive Sam Altman warned that increasingly powerful artificial intelligence could produce an "extremely dystopian" future if humans lose control of the technology or if its capabilities become concentrated in a single company, individual or country.
  • TSMC August Revenue Surges 53% to Record $16.35 Billion as AI Chip Demand Accelerates
    EXPANSION
    Taiwan Semiconductor Manufacturing Co. reported record monthly revenue for August, as surging investment in artificial-intelligence infrastructure kept demand elevated for the advanced processors used in data centers and reinforced the Taiwanese chipmaker's commanding position in global semiconductor manufacturing.
  • Amazon Sued by Pregnant Warehouse Workers Alleging Denied Bathroom Breaks and Firings
    Amazon bets on Black Friday deals in early holiday shopping push
    Amazon was sued Tuesday by four former warehouse employees who allege the company systematically denied pregnant workers accommodations including bathroom and water breaks, permission to sit and time away for prenatal care, then penalized or fired some employees for pregnancy-related absences.
  • Nvidia Buys Hugging Face for $12.9 Billion as Jensen Huang Pledges to Keep AI Platform Open
    Nvidia
    Nvidia agreed to acquire Hugging Face for $12.9 billion, giving the world's dominant AI-chip company control of one of the most widely used platforms for sharing and deploying artificial-intelligence models while promising to preserve its open-source character.
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