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Billionaires including Eric Schmidt plow $300 million into a non-profit that is France’s latest push to catch up in AI

Billionaires Xavier Niel, Rodolphe Saadé and Eric Schmidt announced a new nonprofit artificial intelligence research lab in Paris, marking France’s latest push to develop sovereign AI technology.  Niel’s Iliad and Saadé’s CMA CGM SA...

China’s latest war against Taiwan-based Foxconn has ‘all the hallmarks of a political crackdown’ and adds to a push to put foreign firms on...

Chinese authorities are again shaking the confidence of foreign companies in the country with a series of arrests across industries and an investigation into Foxconn Technology Group, Apple Inc.’s most important partner and...

Tech titan John Carmack leaves Meta as doubts swirl about Mark Zuckerberg’s metaverse push

Meta just took another hit. John Carmack, a virtual reality pioneer, is leaving his high-level consulting role at the company—and complaining about its inefficiency on his way out. His departure comes as investors are...

Dems push Biden climate, health priorities toward Senate OK: ‘I think it’s gonna pass’

WASHINGTON — Democrats drove their election-year economic package toward Senate approval early Sunday, debating a measure with less ambition than President Joe Biden’s original domestic vision but that touches deep-rooted party dreams of...

Facebook parent Meta slows hiring in cost-cutting push

The company is slowing or pausing hiring for some mid- to senior-level positions, part of a broader plan to cut costs in light of a weaker revenue outlook. Read More Source link

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