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Meta agrees $60bn deal with chipmaker AMD despite AI bubble fears

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Facebook owner’s investment described by semiconductor company as ‘big bet’ on artificial intelligenceBusiness live – latest updatesThe owner of Facebook has agreed to buy $60bn (£44.5bn) of artificial intelligence chips from the US semiconductor company Advanced Micro Devices despite fears over the vast sums being spent on the AI industry.Meta, which also owns Instagram and

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Is the share market headed toward a ‘SaaS-pocalypse’ – and what would that mean?

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Software companies are facing major disruption from AI and investors are pulling back, wiping off billions in value – but does it spell the end for software-as-a-service?Get our breaking news email, free app or daily news podcastAfter years of questioning whether artificial intelligence was creating a speculative market bubble, investors are now grappling with a

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Exposing biases, moods, personalities, and abstract concepts hidden in large language models

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By now, ChatGPT, Claude, and other large language models have accumulated so much human knowledge that they’re far from simple answer-generators; they can also express abstract concepts, such as certain tones, personalities, biases, and moods. However, it’s not obvious exactly how these models represent abstract concepts to begin with from the knowledge they contain.Now a

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Canada school deaths suspect created shooting simulator on gaming platform

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Roblox says it has removed account after massacre that left nine people including the shooter deadThe 18-year-old suspect in a high school shooting on Wednesday in British Columbia had previously created a mass shooting simulator on the gaming platform Roblox, it has been revealed.The simulator, set in what appeared to be a virtual shopping mall,

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Fear of AI Replacing Software Makers Hits Stocks. Here’s What to Know.

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The prospect of disruptions from artificial intelligence has hung over the economy for years. But this week advances in software tools precipitated a sell-off on Wall Street.

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The Dark Side of A.I. Weighs on the Stock Market

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The prospect of disruptions from artificial intelligence has hung over the economy for years. But this week advances in software tools precipitated a sell-off on Wall Street.

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Helping AI agents search to get the best results out of large language models

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Whether you’re a scientist brainstorming research ideas or a CEO hoping to automate a task in human resources or finance, you’ll find that artificial intelligence tools are becoming the assistants you didn’t know you needed. In particular, many professionals are tapping into the talents of semi-autonomous software systems called AI agents, which can call on AI

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Pinterest sacks two engineers for creating software to identify fired workers

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Digital pinboard business cutting 15% of workforce as it invests heavily in AI Pinterest has fired two engineers who created a software tool to identify which workers had lost their jobs in a recent round of cuts and then shared the information, according to reports.The digital pinboard business announced significant job cuts earlier this month,

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