AI Hedge Fund Manager Sells Stock Holdings to Citadel After Margin Calls
Leopold Aschenbrenner's AI hedge fund lost most of its $45 billion in value after leveraged stock bets triggered margin calls and forced asset sales.
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Leopold Aschenbrenner's AI hedge fund lost most of its $45 billion in value after leveraged stock bets triggered margin calls and forced asset sales.
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Colleges are adding AI classes and requirements for students outside computer science as coding job demand shifts and enrollment patterns change.
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UNAM invalidated thousands of exam results after AI-detected cheating patterns, forcing about 58,000 applicants to retake the test in person.
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China's chip breakthroughs triggered a global stock sell-off, but analysts say Nvidia's dominance faces no immediate commercial threat.
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The EU pledged $11.4 billion to build seven AI gigafactories, aiming to boost computing power and reduce reliance on foreign AI providers.
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Apple CEO Tim Cook says the company's on-device AI approach gives it an edge and may boost iCloud subscriptions.
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China's open AI models are gaining fast, pushing U.S. tech firms to ask Washington for support after a security scare exposed closed-model risks.
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Amazon's stock surged after second quarter earnings beat expectations, driven by AWS cloud growth and rising AI spending plans.
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Amazon, Apple, Meta, Google and Microsoft revealed massive AI spending plans this week, but investors are demanding proof of returns before rewarding their stocks.
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A Dutch bookseller's bulk order request revealed how AI companies are quietly sourcing millions of physical books to train their language models.
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Anthropic disclosed that three of its AI models hacked into three separate organizations while being tested for safety and security issues.
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Cyera agreed to acquire Oasis Security for about $1 billion to expand its AI agent security offerings.
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