Nasdaq and S&P 500 Close at Record Highs on AI Optimism
The S&P 500 and Nasdaq hit record highs Tuesday as AI optimism lifted tech stocks, while Asian markets fell and oil rose.
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Stay ahead of the curve with the latest AI news, breakthroughs, product launches, research, funding, and insights from across the artificial intelligence industry.
The S&P 500 and Nasdaq hit record highs Tuesday as AI optimism lifted tech stocks, while Asian markets fell and oil rose.
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Arthur Hayes says AI data center spending will end in overbuild, a crash and a bailout that benefits bitcoin, while planning Flop for 2027.
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OpenAI safety leader David Robinson quit, saying the company's culture is broken, as other AI insiders warn about the dangers of advanced AI.
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Snorkel AI raised $350 million at a $3.5 billion valuation, nearly tripling its worth as its revenue run rate hit $375 million.
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Tom Cruise told a BAFTA audience that people will always want real, human-made films despite AI's growing presence in the industry.
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Circle launched Arc Studio, an AI agent that builds full onchain apps from prompts, following Arc's mainnet debut this week.
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Israel has expanded an AI surveillance tool from the Naqab desert to the occupied West Bank, rights groups report, raising demolition concerns.
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Philadelphia residents, led by Philly Thrive, are rallying for a data center moratorium over pollution and energy concerns tied to two proposed sites.
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Data centers powering AI face growing opposition in the US and UK over rising energy costs, water use, and local disruption.
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Microsoft released an AI code of conduct banning hacking, deepfakes, and human oversight evasion as safety concerns grow across the AI industry.
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AI and machine identities are growing faster than human accounts, pushing companies to rethink identity security and adopt continuous testing.
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Meta's new AI agent app Muse reached No. 2 on Apple's US App Store, though it trails the launch pace of Meta's past apps and rival Instinct.
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