Business

Amazon announces dates for this year’s Prime Day sales event

Amazon will hold its annual Prime Day sales event from June 23 through June 26 this year, moving one of its biggest shopping promotions out of its traditional July window as the retailer looks to capitalize on a crowded summer calendar. The shift comes as Amazon targets consumer spending around…

Top CEOs brace for downturn, warn US economy will worsen in next 6 months

Corporate leadership across America has seemingly lost faith in the current trajectory of the U.S. economy, swinging sharply from optimism to pessimism in just three months. The Conference Board Measure of CEO Confidence, in collaboration with The Business Council, conducted its quarterly survey of 141 CEOs and found that the…

Jensen Huang says Nvidia’s new RTX Spark chip will reinvent the PC

Nvidia on Monday unveiled a new chip that will bring artificial intelligence (AI) capabilities onto laptops and desktop computers. The new AI chip, known as RTX Spark, was built as part of a collaboration between Nvidia and Microsoft to make personal computers that are built to power AI tools.”The PC…

McDonald’s unveils new growth strategy win back customers

McDonald’s announced on Monday that it’s rolling out a new corporate strategy that aims to make its stores easier to run for franchisees. The announcement, called “McDonald’s > NEXT,” focuses on increasing automation, raising standards for hospitality, leaning on social media for marketing and making its food items taste better.It…

Anthropic files confidentially for IPO

Artificial intelligence (AI) giant Anthropic said on Monday it had confidentially filed for its U.S. initial public offering, as the AI heavyweight looks to beat archrival OpenAI to the IPO market. The much-awaited IPO comes as Elon Musk’s SpaceX is expected to launch its roadshow on June 4, with the…

5 most explosive claims from Florida’s lawsuit against OpenAI, Sam Altman

This story discusses suicide. If you or someone you know is having thoughts of suicide, please contact the National Suicide Prevention Lifeline at 1-800-273-TALK (8255). Florida Attorney General James Uthmeier on Monday filed a lawsuit against OpenAI and CEO Sam Altman that claims the artificial intelligence (AI) giant’s chatbots were…