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AI Responsible for 4.8% of US Job Cuts in May: Report
In total, US-based employers laid off 80,089 employees in May 2023, around 3,900 of which were due to AI.
June 02, 2023Singapore’s Central Bank Partners With Google to Explore AI for Internal Use
The MAS's collaboration with Google comes in the wake of the latest AI boom triggered by ChatGPT's success.
May 31, 2023Ten Companies Account for 35% of the S&P 500 Market Cap
Most of the S&P 500 quarterly gains came from the biggest ten firms in it.
May 31, 2023AI Firms Scramble for Power as Chip Demand Outpaces Supply
AI companies are seeking additional computing power amid a new chip shortage.
May 29, 2023How the AI Boom Could Be Nvidia’s “iPhone Moment”
Nvidia has projected $11 billion in sales for the current quarter, far above Wall Street estimates of around $7.2 billion.
May 25, 2023