ai – Page 24 – Freedom 96.9

AI disruption looms over markets with US jobs data on tap

Monday, March 2 by SRN News

By Lewis Krauskopf NEW YORK, Feb 27 (Reuters) - Prospects for artificial intelligence to disrupt business sectors should keep the U.S. stock market on edge in the coming week, as Wall Street looks for more insight into how the emerging technology will reverberate through the... Read More.

Exclusive-Australia says it may go after app stores, search engines in AI age crackdown

Monday, March 2 by SRN News

SYDNEY, Mar 2 (Reuters) - Australia's internet regulator said it may push search engines and app stores to block artificial intelligence services that fail to verify user ages after a Reuters review found more than half had not made public any steps to comply... Read More.

Trump expects his Fed pick and AI to deliver a replay of the ’90s boom. Economists have doubts

Sunday, March 1 by SRN News

WASHINGTON (AP) - President Donald Trump, his Treasury secretary and his choice to lead the Federal Reserve believe they can coax the U.S. economy into partying like it's 1999. They are putting their faith in artificial intelligence to duplicate what happened when another technology arrived... Read More.

What to know about the clash between the Pentagon and Anthropic over military’s AI use

Saturday, February 28 by SRN News

WASHINGTON (AP) - A high-stakes dispute over military use of artificial intelligence erupted into public view this week as Defense Secretary Pete Hegseth brusquely terminated the Pentagon's work with Anthropic and other government agencies, using a law designed to counter foreign supply chain threats... Read More.

Goldman bucks private credit redemption trend as AI disruption fears mount

Friday, February 27 by SRN News

By Manya Saini Feb 27 (Reuters) - Goldman Sachs' asset management arm has assured investors that the redemption rate at GS Credit remains well below that of its peers, setting it apart from turbulence in private credit sparked by concerns that AI could disrupt software... Read More.

Callers to Washington state hotline press 2 for Spanish and get accented AI English instead

Friday, February 27 by SRN News

SEATTLE (AP) - Press "two" for Spanish ... accent? For months, callers to the Washington state Department of Licensing who have requested automated service in Spanish have instead heard an AI voice speaking English in a strong Spanish accent. The agency has since apologized and... Read More.

Block shares soar as Dorsey leans on AI to trim workforce

Friday, February 27 by SRN News

Feb 27 (Reuters) - Block shares soared more than 20% in premarket trading on Friday after it announced it would nearly halve its workforce as part of an overhaul to embed artificial intelligence tools across its operations. The layoffs... Read More.

Morning Bid: AI horror stories

Friday, February 27 by SRN News

By Anna Szymanski Feb 27 - Everything Mike Dolan and the ROI team are excited to read, watch and listen to over the weekend. From the Editor Hello Morning Bid readers! Markets were jittery this week, as anxiety about the potential impact of the artificial... Read More.

Dell shares jump on forecast it will double AI server revenue

Friday, February 27 by SRN News

Feb 27 (Reuters) - Shares of Dell Technologies jumped in premarket trading on Friday after the company forecast revenue from its AI server business will double in fiscal 2027, underscoring surging demand for infrastructure catering to artificial intelligence. Investors also cheered the PC maker's plans... Read More.

US stock futures fall on AI concerns, Nasdaq set for steep monthly loss

Friday, February 27 by SRN News

By Shashwat Chauhan and Ragini Mathur Feb 27 (Reuters) - U.S. stock index futures slid on Friday as growing AI unease dragged on tech stocks, with the Nasdaq on track for its steepest monthly drop since March 2025, and investors awaited key inflation data later... Read More.

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