AI Productivity Boost Is Overhyped | 3-Minute MLIV
Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
Intel's Lip-Bu Tan highlights why cross-sector partnerships are critical to sustaining a vibrant tech ecosystem.
Arm Holdings Plc Chief Executive Officer Rene Haas says the firm may achieve its target of $15 billion in sales of its own-branded chips earlier than anticipated, reflecting stronger-than-projected demand from the AI boom. Haas speaks to Bloomberg's Stephen Engle on the sidelines of the Computex trade show in Taipei.
Kmart is launching a direct assault on IKEA’s flat-pack empire, opening its first large-scale "K Home" trial store in Melbourne.
ASX-listed Scalare Partners (ASX:SCP) announced the acquisition of Fishburners.
The Covalent joint venture, equally owned by Wesfarmers (ASX:WES) and SQM, appointed former Arafura executive Stuart Macnaughton as CEO.
Concerns are growing that AI could accelerate job losses as automation spreads across industries. In China, authorities are getting increasingly worried about how large-scale AI transformation might impact the labor market, says Matt Sheehan from the Carnegie Endowment for International Peace.
The Commonwealth Bank of Australia (ASX:CBA) issued a stark warning over the soaring costs of artificial intelligence.
Senior government officials have warned Russian President Vladimir Putin that spending on the war in Ukraine is on an unaffordable path, the most serious sign of internal division in Moscow since the full-scale invasion began. Bloomberg's Tony Halpin reports.
Northern Star Resources (ASX:NST) acknowledged recent correspondence and media reports highlighting the views of activist investor Elliott Investment.
Ethiopian Prime Minister Abiy Ahmed looks set to secure another five-year term following Monday's elections, extending a tenure initially marked by sweeping reforms and later marred by civil conflict and rising regional tensions. Bloomberg's Jennifer Zabasajja reports.
Bison Resources (ASX:BSR) appointed seasoned mining executive Tim MacKellar as its CEO, effective June 2.