The S&P 500 is set for a small gain for the month, despite a slide in some of the tech stocks that led the index to repeated new highs.
Category: Artificial Intelligence
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Why the Markets Don’t Care About the Midterms
The New York Times – Business:Factors like inflation, interest rates, A.I. and the war with Iran are far more important, our columnist says.
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How One Country Became the Unlikely Crossroads of the Global A.I. Boom
The New York Times – Business:In Malaysia, U.S. and Chinese tech giants are pouring billions into vast data centers, straining local resources and testing the limits of Washington’s restrictions on advanced chips.
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In China, the War on Mosquitoes Has Entered the A.I. Era
The New York Times – Business:Using sensors developed for self-driving cars, a Chinese start-up claims it can track and destroy tiny flying targets while avoiding people, pets and reflective surfaces.
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U.S. GDP Increased 3.4% in Third Quarter
The New York Times – Business:Spending by A.I. companies and consumers powered gross domestic product growth in the third quarter. The economy grew 3.4 percent, the fastest pace in a year.
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In Moving Gradually, Fed Risks Having to Play Catch-Up to Quell Inflation
The New York Times – Business:Federal Reserve officials are expected to restart rate increases in December, but the cadence of additional moves will depend on the data.
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Biden’s Antitrust Enforcers Are Starting an A.I. Legal Company
The New York Times – Business:Jonathan Kanter and Doha Mekki, who led the Justice Department’s antitrust division under President Biden, have co-founded a start-up that makes an A.I. tool for litigators.
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AI Is Finding a Flood of Bugs, and Silicon Valley Is Rushing to Fix Them
The New York Times – Business:A.I. has uncovered a horde of software flaws, which engineers are racing to fix before they can be exploited and abused by hackers.
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GM Is Leaving NYSE for the Nasdaq After More Than 100 Years
The New York Times – Business:After more than 100 years on the New York Stock Exchange, the automaker is shifting its listing to the Nasdaq, which is home to many technology companies.