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05.06.26 - 20:01
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AI Not Holding Back Companies From Hiring: Yale Budget Lab (Bloomberg)
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The May jobs report came in stronger than expected, but tech stocks are under pressure as investors reassess the path for interest rates. Martha Gimbel, executive director of the Yale Budget Lab, sees no major AI impact in economic data. She joins Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)...
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05.06.26 - 19:12
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Labour will make AI ′work for the workers′, says Liz Kendall (The Guardian)
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Technology secretary promises to support people whose jobs are swept away by automationLiz Kendall has insisted Labour will make artificial intelligence “work for workers”, and not abandon people whose jobs are swept away by its rapid advance.With public fears mounting about the impact of AI on employment, particularly for young people, the technology secretary claimed that the government could shape the way it is adopted. Continue reading......
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05.06.26 - 19:06
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Micro-Cap ′War Unicorn′ Merlin Soars After Advancing AI Pilot For C-130 Military Plane (ZeroHedge)
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Micro-Cap 'War Unicorn' Merlin Soars After Advancing AI Pilot For C-130 Military Plane
Aerospace and defense technology firm Merlin jumped in premarket trading after announcing that its AI-powered autonomous flight software for the C-130J Super Hercules cargo plane, developed with U.S. Special Operations Command, is moving toward formal testing.
Merlin wrote in a press release earlier that its AI-powered autonomous flight software has "successfully completed" the critical design review for the C-130J, adding the "milestone positions the program to enter a structured formal test campaign, including aircraft-level testing, reflecting a disciplined systems engineering progression from design through verification."
The Merlin AI Pilot will automate flight operations for the C-130J from takeoff to touchdown and is framed as an "operating system" for autonomous aviation.
Merlin has completed the Critical Design Review for its C-130J autonomy program with @USSOCOM. CDR...
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05.06.26 - 19:01
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AI Presents Existential Crisis for Wealth Managers (Bloomberg)
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A growing share of people say they trust AI enough to provide financial advice, and many are using it to make investment decisions, which could disrupt the wealth management industry. Suzanne Woolley has more on the debut episode of "Bloomberg Money." (Source: Bloomberg)...
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05.06.26 - 18:45
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KI-Kater und Zinsangst: DAX mit Verlusten (Der Aktionaer)
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Ein von Vorsicht geprägtes Umfeld hat den deutschen Aktienmarkt am Freitag spürbar unter Druck gesetzt. Neben geopolitischen Brandherden sorgten vor allem ein starker US-Arbeitsmarkt und eine abkühlende KI-Euphorie für lange Gesichter auf dem Parkett....
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05.06.26 - 18:24
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Anthropic urges AI development ′pause′ and conversation about risks (The Guardian)
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US firm says it will convene policymakers, in post detailing progress of its Claude model towards 'recursive self-improvement'Anthropic has floated the idea of a worldwide “temporary pause” on AI development – and said it was going to convene “policymakers” to discuss the dangers of advanced AI – in its latest release touting the capabilities of its products.In a long post on Thursday, Anthropic detailed the progress of its AI model, Claude, towards “recursive self-improvement” – that is, being able to make better and more powerful versions of itself. Recursive self-improvement is a bugbear of AI safety researchers, viewed as the key step for AI to become superintelligent and therefore unleash widespread consequences on humanity. Continue reading......
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05.06.26 - 18:00
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AI infrastructure is multi-tiered, and HDDs are central to scaling AI, WD shares (SCMP)
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[The content of this article has been produced by our advertising partner.]
AI has long been caught in a paradox: AI workloads demand high performance storage, long associated with flash, but scaling at AI levels with all-flash is prohibitively expensive. Hard disk drives (HDDs), on the other hand, already store the majority of AI data cost-effectively at scale. They are the proven, cost-effective capacity foundation of the modern data centre. What has separated them is the assumption that......
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