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Microsoft Recasts Culture Around AI
The Wall Street Journal9h agoneutral
Microsoft Recasts Culture Around AI

AI has created an opportunity to rethink the way that companies are structured, according to Microsoft President Brad Smith. One of the most important potential changes is the return of the generalist, according to Smith.

A Kill Switch for AI? Microsoft’s Brad Smith Says Yes
The Wall Street Journal12h agoneutral
A Kill Switch for AI? Microsoft’s Brad Smith Says Yes

CEO BRIEF NEWSLETTER Good morning—we have a packed CEO Brief for you today. First, Microsoft’s president has thoughts on the great AI safety debate and advice for CEOs. Then Lila has an exclusive on new CEO pay research from the Conference Board (yes, it climbed but there’s more to it than that).

AI Safety Won't Advance If We Rely On Two Companies, Says Smith
Bloomberg1d agoneutralVIDEO
AI Safety Won't Advance If We Rely On Two Companies, Says Smith

Microsoft will spend $10 billion through 2030 in four Persian Gulf countries. The software giant will build out infrastructure and strengthen cyber security. Microsoft President Brad Smith spoke with Bloomberg's Ed Ludlow to discuss. He also spoke about AI saying that AI safety won't advance if we rely on two companies as well the need for independent evaluators.

Investing.com4d agoneutral
AI risk debate: Existential threat or dangerous tool?

Investing.com -- Concerns about artificial intelligence are shifting from hypothetical extinction scenarios toward evidence that increasingly capable models can already be used for weapons development and cyber operations, according to Yardeni Research.

Bill Ackman's Pershing Square IPO Breaks Out
Investor's Business Daily5d agoneutral
Bill Ackman's Pershing Square IPO Breaks Out

Bill Ackman's Pershing Square Inc., a recent IPO, broke out past a buy point Friday in a rocky market.  The hedge fund billionaire's publicly traded investment vehicle, Pershing Square Inc., rallied an impressive 27% for the week after bullish analyst upgrades.

Daily Briefing: Higher Rates Deepen Private Equity’s Zombie-Fund Problem
The Wall Street Journal6d agoneutral
Daily Briefing: Higher Rates Deepen Private Equity’s Zombie-Fund Problem

Higher interest rates threaten to prolong private equity’s record $349 billion backlog of “zombie funds,” making exits harder, squeezing fee income and potentially forcing some firms to shrink. The Federal Reserve’s decision to raise interest rates on Wednesday will deepen problems in their portfolios from a generation of buyouts that are stuck. The bigger the logjam gets, the harder it will be to raise new funds, reducing the fee income private-equity firms rely on, a cycle that can spiral.

Traders Wary Of Rising AI Risks: Market Snapshot
Bloomberg6d agoneutralVIDEO
Traders Wary Of Rising AI Risks: Market Snapshot

The global debate over artificial intelligence risks entered a new phase this week amid clashing views from tech executives over whether frontier labs should slow the development of the technology. Leaders of Anthropic, OpenAI, SpaceX and Google DeepMind put forward the need for self-regulation checks on growth that give AI models more control. Meanwhile, Microsoft, Amazon and Meta said they're developing tools to check, control and regulate AI risks as US President Donald Trump called the alerts a "hoax". The call for caution saw a rotation out of tech stocks at the start of the week as investors questioned whether there's a need to reprice the pace of the booming AI buildout.

Microsoft Is Preaching AI Transformation, Starting With Itself
The Wall Street Journal7d agoneutral
Microsoft Is Preaching AI Transformation, Starting With Itself

Artificial intelligence has turned software development at Microsoft upside down, and the changes reflect how technology is accelerating a wholesale reconsideration of the way the entire company functions. On Thursday, Microsoft is releasing a playbook detailing how it is navigating the AI upheaval. It includes lessons that employees like Julia Gao, a 23-year-old software engineer, have had to learn quickly as their roles have radically changed in a matter of months.

The Nuclear Stock Boom Could Keep Decaying
The Wall Street Journal7d agoneutral
The Nuclear Stock Boom Could Keep Decaying

​📈 Follow our live markets data and coverage. You didn’t have to know the difference between yellowcake and pound cake to see that nuclear energy was a hot trade last year. Its future remains bright, but investors who chased the rally’s latter stages are nursing losses.