SoftBank discussed AI chips tie-up with Intel to rival Nvidia – The Financial Times
SoftBank held talks with Intel about producing an artificial intelligence chip to compete with Nvidia but the plan foundered after the US chipmaker struggled to
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Why Falling Mortgage Rates Aren’t a Quick Fix for Frustrated Homebuyers – WSJ
Mortgage rates are at the lowest level in more than a year. For millions of Americans, it will take a lot more than that to
Don’t underestimate the cost of the green transition – The Financial Times
Sometimes politicians get wise. More often they get accidentally smart — or lucky. And this week, as America marks the second anniversary of the Inflation
Why companies get inflation wrong – The Economist
Over the past year-and-a-half inflation has fallen sharply across the rich world. Although some central banks have now begun to cut interest rates, few are yet
Carbon Emissions from AI and Crypto Are Surging and Tax Policy Can Help
What do crypto assets and artificial intelligence have in common? Both are power hungry. Because of the electricity used by high-powered equipment to “mine” crypto
US inflation falls to 2.9% in July – The Financial Times
US inflation fell to 2.9 per cent in July, bolstering the case for the Federal Reserve to cut interest rates at its next meeting in
UK inflation rises to 2.2% in first increase since December – The Guardian
Britain’s annual inflation rate rose to 2.2% last month – its first increase since December last year – and is expected to remain above its
Bank of England could still cut interest rates again despite rise in inflation – The Guardian
For the first time this year, inflation is on the rise. After falling fairly steadily from above 11% almost two years ago, a bump in
The Big Risk for the Market: Becoming an AI Echo Chamber – WSJ
Whatever you think of it, generative artificial intelligence has proven adept at something: generating profits for other AI projects. That is risky. With more than
Eric Schmidt Says Google Is Falling Behind on AI—And Remote Work Is Why – WSJ
Eric Schmidt, ex-CEO and executive chairman at Google, said his former company is losing the artificial intelligence race and remote work is to blame. “Google