Broadcom CEO Hock Tan likens many AI investors to casino gamblers
Broadcom CEO Hock Tan likens many AI investors to casino gamblers

Broadcom chief executive Hock Tan compared many AI investors to gamblers who have little idea what they are betting on. He spoke on Monday at the DBS Asia Future Forward Conference in Singapore, Bloomberg reported. “A lot of investors have no clue what…

IMF warns $1.4tn in circular AI deals could deepen a market correction
IMF warns $1.4tn in circular AI deals could deepen a market correction

A correction in AI-related stocks and debt could set off market turmoil, the International Monetary Fund said on Tuesday. It named the AI risk as one of three that could sharply tighten financial conditions. The other two are a sharp rise in government…

Aramco Digital teams up with OrbitronAI to build AI for heavy industry
Aramco Digital teams up with OrbitronAI to build AI for heavy industry

Aramco Digital, the tech arm of Saudi oil giant Aramco, has teamed up with start-up OrbitronAI to build and sell AI tools for heavy industry, the two firms said. The tools are aimed at oil and gas, power, mining, transport, and factory firms. They are …

BlackRock Will Manage Humana’s CenterWell Clinics In New $2.8 Billion Partnership

Humana has “entered ​a new joint ⁠venture agreement” with a BlackRock investment unit ​to manage and operate its network of 150 CenterWell primary care clinics.

Alex Gibney’s ‘Musk’ Has a Unique Perspective on Daddy Issues

Elon Musk’s father, Errol Musk, agreed to be interviewed immediately.

Mozilla launches Firefox Enterprise for companies in Europ
Mozilla launches Firefox Enterprise for companies in Europ

Mozilla has launched Firefox Enterprise, a version of its browser for companies and public bodies that must meet strict security and compliance requirements. The product pairs the Firefox browser with a management console that organisations can host on…

UnitedHealth Group Profits Eclipse $4 Billion As Insurer Keeps Costs In Line

UnitedHealth Group’s third quarter net income eclipsed $4 billion as the healthcare giant keeps previously uncontrolled medical costs in check in its health plans.

Two-thirds of small firms using AI now build their own tools, Pax8 finds
Two-thirds of small firms using AI now build their own tools, Pax8 finds

Small and mid-sized businesses have moved from buying AI tools to building their own. In every market surveyed, most do it without a formal, documented review, Pax8 found in a survey published on Monday. Pax8 is a Denver-based marketplace. It sells AI …

Naboo rebrands and says its AI cuts corporate event costs by 12%
Naboo rebrands and says its AI cuts corporate event costs by 12%

Naboo, a Paris start-up that books and manages events for large companies, has rebranded, it said on Tuesday. It now pitches itself to procurement and finance teams as well as to event organisers. The company says it handles more than $300 million of c…

What Flock Actually Costs Cities Across the Country

WIRED examined contracts from over two dozen cities and towns that shed light on how Flock’s pricing and business model functions, and how it stacks up against its peers.