AI
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‘It’s not going away’: The Stanford economist who called the AI entry-level jobs crisis early has the receipts
Last August, a team led by Stanford economist Erik Brynjolfsson published a deep look at the impact of AI on jobs, boosted by a “large-scale, high-frequency administrative dataset from ADP,” the largest payroll software provider in the United States. The findings were stark: a significant relative decline in employment for workers ages 22 to 25…
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Anthropic’s Mythos 5 AI model cleared by U.S. for wider use
Anthropic PBC won US approval to restore some access to its powerful Mythos 5 artificial intelligence model, after resolving Trump administration concerns about the technology’s potential threats to national security. “Anthropic has worked with the US government to address risks associated with the Covered Models,” Commerce Secretary Howard Lutnick wrote to the company’s chief compute…
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Nobel laureate economist warns AI jobs apocalypse fears could become a self-fulfilling prophesy
The disparity between the trillions spent fueling AI and the distaste of the people meant to adopt it has grown into a chasm. Only 16% of Americans believe AI will have a positive impact on society over the next 20 years, according to a recent survey conducted by Pew, while 40% expect the opposite. There’s…
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The 33-year-old executive Satya Nadella is trusting to fix Microsoft’s Copilot AI assistant
Early this year, Jacob Andreou had a crucial goal. The Microsoft executive set out to order a McDonald’s cheeseburger to his apartment across from the company’s Silicon Valley campus using a homegrown AI tool. Andreou and his team had worked nonstop to get the tool, named Copilot Tasks, up and running. If the AI agent…
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Qualcomm’s big AI gamble: Breaking Nvidia’s chips stronghold
Qualcomm has long been known primarily as the maker of smartphone chips, but since taking the reins five years ago, CEO Cristiano Amon has worked to change that and equip the company for the tough but lucrative AI chip wars. Since 2021, Qualcomm has reinvented itself to become a major player in newer areas such…
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OpenAI agrees to stagger rollout of its most powerful model to only Trump-approved customers
OpenAI is staggering the rollout of its newest and most powerful AI model after a request from the Trump administration. To get access to the new model, customers must first be cleared by the U.S. government, the company said on Friday. The model, called GPT-5.6 Sol, is the flagship in a new tier of more…
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AI boom may be on its last legs amid stock volatility and dash for cash—but will go out in a blaze of glory with ‘blow-off phase’ before bubble pops
The Nasdaq is headed for its worst weekly loss in more than a year, and the S&P 500 is on track for a fifth consecutive drop. Similarly, after making history with the largest IPO ever, SpaceX stock has tumbled, and bonds it sold days ago are already sinking. It wasn’t supposed to be like this.…
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CFOs are bullish on their own companies—even as they turn bearish on the economy
Good morning. CFOs can’t control the economy but they increasingly believe they can control the outcome for their own companies. That tension—what Deloitte calls a “paradox of promise versus pessimism”—is a defining theme in the firm’s North American Q2 2026 CFO Signals survey, Ed Hardy, U.S. financial services leader at Deloitte, told me. About a…
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Meet Micron, the under-the-radar chipmaker that just reported a 346% sales surge and helped stop a global AI selloff
Micron may not be a household name but it may just be among the most important tech companies in the AI era, and definitely one with a surprising backstory. On Thursday, the memory chipmaker reported an eye-popping 346% surge in quarterly revenue. As if that wasn’t enough, it reported a profit of $28.2 billion for…
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Everyone agrees that you hate AI, but only Mark Cuban sees why Silicon Valley is powerless to fix it
On Thursday afternoon, Mark Cuban posted what amounted to an unsolicited intervention for the AI industry. “It’s time for everyone to realize that the fight against data centers has nothing to do with data centers,” the billionaire investor wrote on X, in a post that drew more than 700,000 views within hours. “They have become…