Business

Auto Added by WPeMatico

Tech oligarchs reshape humanity while billionaires of old seem quaint

From Gates to Musk and Altman, today’s ultra-rich steer AI and tech, raising questions about who decides the futureWhen Bill Gates became the first modern IT mogul to reach the apex of wealth and power in 1992, the world was a very different place. Gates joined the top 10 on Forbes magazine’s billionaires list alongside […]

Tech oligarchs reshape humanity while billionaires of old seem quaint Read More »

North Korean agents using AI to trick western firms into hiring them, Microsoft says

Firm says AI tools are masking identities of false applicants, who then funnel wages from remote IT jobs to North KoreaFake IT workers deployed by North Korea are using AI technology, including voice-changing tools, to trick western companies into hiring them, Microsoft has said.The US tech firm said a signature Pyongyang money-raising ruse is being

North Korean agents using AI to trick western firms into hiring them, Microsoft says Read More »

Ben Affleck sells his AI postproduction startup to Netflix

Announcing the InterPositive deal, the actor says he was moved from being scared of the technology to embracing itBen Affleck has sold his artificial intelligence company to Netflix in a surprise deal, saying he had been driven to embrace a technology that had initially “really scared” him.Netflix has acquired the postproduction startup InterPositive from the

Ben Affleck sells his AI postproduction startup to Netflix Read More »

Union tries to seize control of works council at Tesla’s German factory

Lawsuits and slander claims fly in IG Metall’s battle with Elon Musk over employment rights and conditionsBusiness live – latest updatesEurope’s largest trade union is trying to gain control of the works council at Elon Musk’s Tesla gigafactory near Berlin, in an industrial relations showdown marked by lawsuits and mutual accusations of slander.The works council,

Union tries to seize control of works council at Tesla’s German factory Read More »

Europe’s next-generation fighter jet project may collapse if row continues, says warplane maker

Dassault Aviation says €100bn project may soon be ‘dead’ if Airbus will not agree on how to share workloadFrance and Germany’s next-generation fighter jet project could soon be “dead”, one of the two companies tasked with delivering it has warned, amid a worsening corporate rift over who gets to build the aircraft.Dassault Aviation, France’s leading

Europe’s next-generation fighter jet project may collapse if row continues, says warplane maker Read More »

Nvidia and UK Wealth Fund invest in British autonomous driving startup Oxa

Oxford-based firm has raised $103m for commercial development of software for self-driving industrial vehiclesNvidia is investing in the British autonomous driving startup Oxa, alongside backing from the UK’s National Wealth Fund, in a boost to the country’s technology sector.The Oxford-based company, which has developed software for self-driving industrial vehicles, said it had raised $103m (£77m)

Nvidia and UK Wealth Fund invest in British autonomous driving startup Oxa Read More »