Why the Pentagon needs Silicon Valley’s AI
Welcome to AI Decoded, Fast Company’s weekly newsletter that breaks down the most important news in the world of AI. You can sign up to receive this newsletter every week here. The Pentagon needs...
View ArticleWill AI become your assistant or your boss? An ethicist explains
Will AI be your dream assistant or the boss you never asked for? Artificial intelligence is changing how we work. But it is still unclear what tasks AI will ultimately take over. Will we leverage AI...
View ArticleThis is where hedge funds are flocking for AI stock market bargains
Hedge funds hunting for artificial intelligence-related stock market bargains are rushing into South Korea’s chipmakers, betting a new wave of demand for high-end memory chips and government spending...
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Simplifying global spend management
A historically difficult part of doing business for companies big and small is staying on top of how money is spent. Even as new technologies reshape other business practices, the management of...
View ArticleMall of America is under fire for its use of facial recognition tech
Two state senators from across the aisle have come together to call on the Mall of America to pause its newly implemented facial recognition technology. “Public policy concerns surrounding privacy...
View ArticleJPMorgan sets out to amass 15% of U.S. consumer deposits and expand credit...
The biggest U.S. bank wants to get even bigger. JPMorgan Chase has set an ambitious goal of attracting 15% of the country’s consumer deposits, Marianne Lake, its CEO of consumer and community banking,...
View ArticleThis South Korean beauty brand uses AI and robots for the perfect foundation...
Customers have booked out South Korean cosmetics giant AmorePacific’s new artificial intelligence (AI) beauty lab, where robots custom mix face products and the latest technology recommends the most...
View ArticleSpotify’s new comments feature tries to solve a longtime moderation problem
Spotify announced this week the rollout of a comments feature on its podcasts. But we’ve already seen other tools’ and websites’ comment sections devolve over the years into hate speech and...
View ArticleAstronauts stuck in space in Boeing’s Starliner are confident they’ll return...
Two astronauts who should have been back on Earth weeks ago said Wednesday that they’re confident that Boeing’s space capsule can return them safely, despite a string of vexing breakdowns. NASA test...
View ArticleRedbox is dead. Here’s what that means for employees, customers, and kiosks
Redbox, those familiar kiosks that dispense DVDs and Blu-Rays at Walmart and convenience and grocery stores around the country, has finally succumbed to the digital revolution with Redbox closing....
View ArticleInflation cools for the fourth straight month, paving the way for interest...
Inflation in the United States cooled in June for a third straight month, a sign that the worst price spike in four decades is steadily fading and may soon usher in interest rate cuts by the Federal...
View ArticleMusk’s Neuralink brain chip implant in first patient is stable again after...
The tiny wires of Neuralink’s brain chip implant used in the first participant in a trial run by Elon Musk’s company have become “more or less very stable”, a company executive said on Wednesday. The...
View ArticleConsumer prices in June fell for the first time in four years
U.S. consumer prices fell for the first time in four years in June amid lower gasoline costs and moderating rents, firmly putting disinflation back on track and drawing the Federal Reserve another...
View ArticleFewer Americans filed for unemployment benefits last week than expected
The number of Americans filing new applications for unemployment benefits dropped more than expected last week, but volatility around this time of the year as automobile manufacturers idle plants for...
View ArticleLithium industry hits a major milestone for the clean-energy transition
In a milestone for the global clean-energy transition, International Battery Metals has become the first company to commercially produce lithium with a novel type of filtration technology, a step...
View ArticleWorldcoin is looking like a dud for Sam Altman
OpenAI CEO Sam Altman has the Midas touch these days on most projects he backs. He made a fortune on the Reddit IPO and was an early investor in both Uber and Airbnb—but not everything he touches...
View ArticlePlaying the Long Game: How the KPMG Women’s PGA Championship is Driving...
At this year’s KPMG Women’s PGA Championship at Sahalee Country Club, seasoned competitor Amy Yang clinched her first championship title, an achievement for which she has worked her whole life . That...
View ArticleBig Lots is closing stores in 2024, joins growing list of retailers at risk...
Discount retail chain Big Lots is planning to close at least 35 stores this year amid falling sales and speculations that it may declare bankruptcy. The Ohio-based retailer, which has locations in 48...
View ArticleAmazon Prime Day 2024 alternatives: Target, Temu, TikTok Shop, and Walmart...
Next week, Amazon will hold its 10th annual Prime Day event, which has become one of the biggest online shopping days outside of the holiday season. But as always, “Prime Day” is a bit of a misnomer...
View ArticleTesla’s robotaxi launch gets delayed, stock plummets
Tesla is delaying the launch of robotaxi by about two months to October as the design team was told to rework some elements of the car, Bloomberg News reported on Thursday, citing people familiar with...
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