Citrini Research says that AI-enabled robotics are a budding mega-trend for investors to pay attention to. The firm, which went viral for a hypothetical AI doomsday scenario, laid out its bullish thesis on robotics as the next growth phase of the AI trade, noting the progress being made in China. It highlighted the World Humanoid
OpenAI released a framework for disclosing when its agents act in unexpected, problematic ways, and is reporting six incidents of such behavior. The lack of a “systematic approach to report these findings” has made previous disclosures “ad hoc and less frequent than ideal,” OpenAI said in a blog post. It’s also led to safety researchers
Welcome to the AI era, where job postings are getting more niche — and more interdisciplinary. Anthropic recently posted a remote-friendly “Staff Software Engineer” role for its GTM AI Engineering, or “Claudification” team. The pay range is from $320,000 to $405,000, which the post said includes both the sales commission target and annual base salary
The entrepreneur behind TikTok and Douyin is now the richest person in Asia—and AI is helping fuel his rise to the top. Zhang Yiming, the founder of TikTok parent company ByteDance, has just overtaken Indian tycoon Gautam Adani as the richest person in Asia, according to Bloomberg, who currently boasts a net worth of $104.8
The first rate hike in three years is in the books. The Fed is officially taking direct steps to slow inflation. Meanwhile, the equity market’s worst-performing sector this year has already been pricing in a slowdown. Anyone caught off-guard by the recent consensus around a rate hike clearly hasn’t been paying attention to consumer discretionary
By 8 a.m. Eastern Time today, oil had reached $103.98 per barrel, measured using the Brent benchmark. That’s $4.36 less than it cost yesterday morning and about $36 above its price a year earlier. Oil price per barrel % Change Price of oil yesterday $108.34 -4.02% Price of oil 1 month ago $90.16 +15.32% Price
