The Justice Department and the FTC have reached a deal that allows them to proceed with antitrust investigations into the dominant roles that Microsoft, OpenAI and Nvidia play in the AI industry.
Read More US regulators to open antitrust inquiries of Microsoft, OpenAI and Nvidia
Treasury Secretary Janet Yellen will warn that the use of AI in finance could lower transaction costs, but carries “significant risks.”
Read More Yellen to warn of ‘significant risks’ from use of AI in finance
Apple introduced a new chip that it said would outclass personal computers designed for artificial intelligence
Read More Apple unveils new AI-focused chip in upgraded iPad Pro models
with Dr. Henry Cloud
Read More Psychology and Generative AI “Single-Session” Therapy
Apple shares jumped nearly 7% on Friday as the iPhone maker’s record stock buyback plan.
Read More Apple shares jump as record buyback, sales growth forecast lure investors
Apple’s plan to add generative AI to its iPhones and revive sagging sales in the crucial Chinese market will be in focus on Thursday.
Read More Apple set for big sales decline as investors await AI in iPhones