Business
Costco has raised the price of motor oil sold under its exclusive private-label Kirkland brand and is now limiting how much customers can purchase weekly amid rising oil prices. A 10-quart case of Kirkland Signature full synthetic motor oil is now $58, according to Costco’s website, after previously selling for…
Nvidia CEO Jensen Huang received a surprise phone call from President Donald Trump on Monday, in which the president dismissed fears that AI poses an existential threat to humanity and argued against calls to slow frontier AI development. While speaking on stage at the All-In Summit in Los Angeles, Huang…
The Treasury Department on Monday night will release a video of top CEOs praising the Trump administration’s vision for business growth. FOX Business obtained the roughly one-minute video featuring a series of interview clips made at the G20 ministerial meeting in Asheville, North Carolina, on Aug. 31 and Sept. 1.…
OpenAI CEO Sam Altman outlined two scenarios that he sees could derail progress in developing artificial intelligence (AI) and must be avoided. Altman wrote in a Sunday night post on X that the two areas of concern involve the loss of control over AI’s alignment, or the concentration of too…
When it comes to the frontiers of Artificial Intelligence, I’m surely not your run-of-the-mill expert. I have some sense of models, agents, and bots. And I think I understand concerns that rogue AI agents can break free of their human instructions, or what the industry sometimes calls “misalignment.” Yes, humans…
Artificial intelligence could become a powerful economic engine for American communities, but a tech CEO warns that allowing a handful of companies to dominate the technology could lead to a much darker outcome. Patmos CEO John Johnson joined FOX Business’ Stuart Varney on “Varney & Co.” to discuss the race…
Microsoft on Monday revealed a draft of a new “Humanist AI Code of Conduct” that outlines the principles that will govern its development of AI models in an effort to get feedback ahead of publishing a revised version later this year. The company said the “Humanist AI Code of Conduct”…
GameStop says it is reopening “select” stores across the country as company insiders make new investments in the video game retailer’s stock. The company announced on social media that “select” closed stores would begin reopening Sept. 11.GameStop did not initially disclose a complete list of returning locations. A company spokesperson…
OpenAI CEO Sam Altman signaled that the company will delay its initial public offering (IPO) amid concerns about the safety and alignment of AI models given potential risks they could pose to society. The ChatGPT-maker confidentially submitted an S-1 filing with the Securities and Exchange Commission in June to begin the…
Amazon has paused operations with cargo carrier 21 Air following the fatal crash of an Amazon-branded freighter at Miami International Airport earlier this month. “After the tragic incident last weekend, we’ve spent time supporting the investigation and reviewing some of the surrounding circumstances, and we’ve decided to pause our operations…