A super PAC with over $100 million in backing from Andreessen Horowitz and OpenAI’s president has made New York Assembly member Alex Bores its first political target. Bores sponsors the RAISE Act, which would require AI safety plans and impose penalties up to $30 million for violations. The lawmaker
Top economist Jeremy Siegel sees parallels between today’s AI spending boom and the dot-com bubble. His concern? Companies are pouring billions into data centers when technology advances could make that infrastructure obsolete overnight.
Salesforce faces analyst downgrades and skepticism about its AI strategy while Goldman Sachs dominates global M&A. The investment bank is on track for its best dealmaking year in nearly a quarter century.
New research reveals our brains are wired to treat uncertainty as information, not danger. Leaders can leverage this by fostering growth mindsets and psychological safety to drive innovation during ambiguous times.
Cisco shares just approached their March 2000 peak after 25 years of essentially flat returns. The networking giant’s brutal recovery timeline serves as a stark warning for today’s AI-fueled tech stocks.
CoreWeave went from crypto mining to becoming AI’s hottest infrastructure play, but its financials reveal a house of cards. With 71% of revenue from Microsoft and massive GPU-backed loans, this could be the bubble’s first major pop. The company’s biggest customers are building competing data centers
The US Department of Justice announced guilty pleas from five individuals who helped North Korean hackers obtain remote IT work with American companies. The scheme impacted over 136 US organizations and generated millions for the North Korean regime. Authorities also seized $15 million in cryptocurr
The decades-old pattern of banks trailing retail tech adoption is ending. Agentic AI is pushing financial institutions into real-time innovation cycles, with UK banks already at 90% digital customer interactions. Legacy systems remain the biggest constraint, but semantic knowledge graphs are unlocki
The investment bank’s 10-year outlook forecasts emerging markets advancing 10.9% annually while US gains trail at 6.5%. AI’s $4.4 trillion economic impact is expected to benefit global markets beyond Silicon Valley.
Buy-now-pay-later services are exploding, with millions using them for groceries as default rates climb. The problem? Most of this debt is invisible to credit bureaus, creating what regulators call “phantom debt” that could spell broader economic trouble.
