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The S&P 500 fell 1.3% on Thursday, extending steeper declines seen earlier in Asian markets, as shares tied to artificial intelligence companies pulled indexes lower worldwide. Oil prices climbed to their highest point since May amid concerns over the conflict involving Iran.
Facing growing local opposition, Google, Amazon and Meta are offering communities increased financial incentives, pledging to accept fewer tax breaks, and promising greater transparency about planned data center projects. The companies also say they are working to reduce environmental impact and are assuring residents that the facilities will raise local property values.
Anthropic published a statement framing safe and trustworthy AI development as central to its public benefit corporation mission, rather than a marketing angle. The company pointed to examples in research, education, and everyday work as evidence of AI's current benefits, framing safety as a precondition for those benefits to scale.
DeepMind co-founder and Nobel Prize winner Demis Hassabis discussed his long-standing goal of developing artificial general intelligence, framing it as a foundational step toward solving broader scientific and societal problems. He traced his path from a childhood chess prodigy to AI researcher to Nobel laureate, describing his career as pursuing a consistent two-stage plan centered on intelligence first.
A guide describes six specific ways people can use AI tools like ChatGPT and Claude to strengthen expertise, learn new skills, and sharpen critical thinking rather than offloading mental effort to them. It responds to concerns that relying on chatbots for tasks like writing or analysis could weaken people's reasoning abilities over time.
Johannes Lachner, now an assistant professor at Purdue, and former MIT visiting student Noah Geiger developed a robotic system that combines generative AI with real-time force feedback to learn from human physical therapists. The system then applies this learned behavior to assist stroke patients with exercises such as reaching, raising their arms, and practicing daily living tasks, adjusting the level of help it provides.
SpaceX reported its first profitable quarter as a company, with revenue climbing 161% year-over-year. The company's AI-related revenue reportedly surged roughly 830%, even as capital spending on data center infrastructure and new technology development continued to rise.
Anthropic and OpenAI have begun drafting plans to distribute some of their financial gains to the public as they move toward major stock market listings. Both companies frame the commitment as necessary to offset workforce disruptions they expect AI to cause. The proposals have drawn skepticism from some critics.
A collection of insights from 31 business leaders highlights how leadership expectations are shifting, with adaptability, human judgment, and AI fluency emerging as key themes. The leaders note that leadership qualities evolve over time, shaped both by organizational growth and external pressures like the current focus on artificial intelligence.
A new report examines the hidden ways artificial intelligence technology is increasing everyday expenses for consumers, even those who don't pay for AI subscriptions. The analysis points to indirect costs passed on through businesses that have adopted AI tools.
HSBC CEO Georges Elhedery told CNBC that AI is transformational and will boost productivity across the bank, but warned investors to be selective when backing data center infrastructure. He said quality of tenancy agreements and contract pricing vary widely, with some deals far less sound than others.
AstraZeneca has entered a partnership with Oracle aimed at using artificial intelligence to improve clinical research processes. The deal adds to a growing list of AI collaborations within the pharmaceutical industry.