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IBM’s first-quarter revenue growth decelerated, driven by weakness in its software segment. Investors fear AI tools could automate and reduce demand for routine software services, sending IBM shares down 6.5% after hours. On the earnings call, CEO Arvind Krishna said regional disruptions, including Middle East tensions, had minimal impact on results.
In Robot-Proof, neuroscientist Vivienne Ming argues AI will “deprofessionalize” law, medicine and finance, reducing high-skill roles to assembly-line tasks. She calls for a shift from knowledge transmission to building “meta-learning” traits—cognitive flexibility, empathy, resilience and divergent thinking—through project-based education and capacity-driven hiring. Drawing on proprietary HR data, she proposes US-centric reforms and data trusts but offers little on collaborating with frontline educators and clinicians.
TSMC expects a 50% jump in net profit to T$542.6 billion for Q1, driven by booming demand for its 3-nanometre AI chips and advanced packaging technology. First-quarter revenue rose 35% year-on-year, underscoring capacity constraints as Nvidia and Apple ramp up orders. The company will outline Q2 guidance and capital spending plans on its April 13 earnings call.
This article discusses Dr. Fei-Fei Li's new book, "The Worlds I See," which explores her journey in AI and her vision for keeping humanity central in technological advancements. It highlights her background, her role in creating ImageNet, and the potential risks and rewards of AI.
OpenAI raised $122 billion in its latest funding round, marking the largest in Silicon Valley's history. The investment, which values the company at $852 billion, includes major contributions from Amazon, Nvidia, and SoftBank, and expands access for individual investors through ARK Invest's funds.
Google has launched its powerful Gemini AI model, which has outperformed competitors, including OpenAI's ChatGPT, to become the leading AI chatbot. The company's extensive investment in research and hardware development has enabled it to protect its search business amidst the growing popularity of chatbots.
Computer scientist Yann LeCun emphasizes that true intelligence is fundamentally linked to the ability to learn. He discusses the implications of this understanding for artificial intelligence and its development.
OpenAI has transitioned its for-profit subsidiary into a public-benefit corporation, allowing Microsoft to acquire a 27% stake and pushing its valuation above $4 trillion. This change aims to facilitate fundraising and talent acquisition while addressing concerns over OpenAI's commitment to its nonprofit mission amid ongoing litigation.