AI’s capabilities are growing more sophisticated by the day, and business leaders are rushing to adopt the technology to remain competitive. But one obstacle to AI adoption is catching companies off guard: their own workers. A new report published Tuesday…
Imagine you tell an AI agent to convert $10,000 in U.S. dollars to Canadian dollars by end of day. The agent executes — badly. It misreads parameters, makes an unauthorized leveraged bet, and your capital evaporates. Who’s responsible? Who pays…
Donald Trump Jr. lashed out at the European Union on Tuesday, saying its liberal policies were discouraging investment and predicted a “major fracture” between the bloc’s eastern and western member states. The eldest child of the U.S. president said that “the biggest players, the…
What this borrowing (and its related interest payments) will ultimately mean for the economy remains to be seen: Theories range from a market “reckoning” through to public investment being crowded out by spending on debt maintenance. Others suggest inflation will…
The publishers, music producers, and film directors who make up the creative economy would say yes — as would many of the artists and writers they work with. But some in Big Tech are beginning to push back, arguing that…
As a business founded in 1939, HP is no stranger to wartime turbulence and geopolitical volatility. But the recent conflicts and their resulting economic uncertainty pose challenges for every business. In this first installment of a new series, we check in with Neil Sawyer,…
Last week, in Queens, I met up with Infinite Machine CEO Joseph Cohen at his startup’s new vibey office space in Long Island City. After a brief tour, Cohen and I donned motorcycle helmets and went for a ride, spinning…
James Peng, cofounder and CEO of Chinese robotaxi startup Pony AI, was reviewing customer data with his team, and he was facing a puzzle. Every day, one of his users would book a robotaxi at the same time: right after…
When Bed Bath & Beyond announced last week it was buying the Container Store for a pittance, CEO Marcus Lemonis touted the deal as a key component of his plan to create a home-oriented conglomerate that includes retail brands, home…
Asian markets surged Wednesday morning as investors welcomed a two-week ceasefire between the U.S. and Iran, even if details of what the temporary truce means for transit through the strategic Strait of Hormuz remain unclear. As of 2:30am Eastern time,…