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Bernie Sanders Says AI Boom Must Serve Working Families, Not Billionaires: Calls For Shorter Work Week, Higher Quality Of Life
Tuesday, June 17, 2025 - 6:12am | 750Sen. Bernie Sanders (I-VT) has once again urged Americans to demand a shorter work week, now that AI technologies are boosting productivity across sectors. What Happened: In a recent X post, Sanders wrote: "With the explosion of AI, new technology and increased worker productivity, we should...
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AI For The Masses, Humans For The Elite: Klarna CEO Details Dual-Tier Strategy Amid Growing Demand For Human Connection
Thursday, June 5, 2025 - 6:47am | 511AI chatbots for regular folks, human beings for VIPs: that seems to be Klarna's policy, based on CEO Sebastian Siemiatkowski's recent remarks. What Happened: Speaking at the London SXSW, Siemiatkowski noted that Klarna has reduced its workforce from 5,500 to approximately 3,000 after AI came into...
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Dell's AI Server Orders Hit Record $12.1 Billion In Q1, Backlog Swells To $14.4 Billion: 'Exceptionally Strong Demand'
Friday, May 30, 2025 - 4:24am | 838Dell Technologies Inc. (NYSE:DELL) reported a mixed first quarter, driven by what executives described as “exceptionally strong demand” for its AI-optimized servers. What Happened: The company reported $12.1 billion in AI server orders in the first quarter of the fiscal year 2026,...
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Amazon's AI Cloud Strategy To Stay Strong Despite 'Near-Term Turbulence,' Says Analyst
Wednesday, March 26, 2025 - 4:47am | 738Amazon Inc. (NASDAQ:AMZN) has been lauded by Monness Crespi Hardt analyst for its positioning in the AI cloud sector, despite the weakness in other technology companies. What Happened: The GTC AI conference hosted by Nvidia (NASDAQ:NVDA), dubbed the “Super Bowl of AI,” which...
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Accenture Is A 'Key Beneficiary Of' GenAI: Analysts Raise Forecasts After Q4 Results
Friday, September 27, 2024 - 11:36am | 584Accenture Plc (NYSE:ACN) shares came under pressure in early trading on Friday, even after the company reported upbeat results for its fiscal fourth quarter. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Piper Sandler On Accenture Analyst...
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Intel Taps Micron Leader To Strengthen AI Chip Strategy
Thursday, July 25, 2024 - 1:50pm | 624Intel Corp (NASDAQ:INTC) tapped Dr. Naga Chandrasekaran of Micron Technology, Inc (NASDAQ:MU) as chief global operations officer, executive vice president and general manager of Intel Foundry Manufacturing and Supply Chain organization, effective August 12. Chandrasekaran, an Oklahoma State...
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Economist Paul Krugman Says Degradation Of Google And Other Search Engines Are Making His Job Difficult: 'And AI Is Worse Than Useless'
Tuesday, May 28, 2024 - 10:07pm | 632Nobel laureate and economist, Paul Krugman, has voiced his concerns about Alphabet Inc.’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google and other search engines, stating that they are making his work increasingly challenging. What Happened: On Tuesday, Krugman took to X, formerly Twitter, and expressed...