Verizon CEO Dan Schulman offered a strikingly aggressive forecast for artificial intelligence’s development at the Ford Pro Accelerate event in Detroit, saying that an earthquake is headed our way. “The models that we see today are the worst models we’ll ever use in our lives,” Schulman said in conversation with Fortune’s Diane Brady. “Every two
A Utah judge on Monday ordered a 71-year-old man who spent decades on death row for a 1985 killing to be released on bail, despite objections from the victim’s family, after prosecutors said newly analyzed DNA evidence did not match him. Douglas Stewart Carter was sentenced to death that same year after a jury found
The US Navy’s plan to repair its public shipyards is expected to cost billions more and take decades longer than originally planned, according to a new government watchdog report. The Shipyard Infrastructure Optimization Program is intended to fix poor conditions at the Navy’s four public shipyards, which maintain the fleet’s nuclear-powered submarines and aircraft carriers.
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Soaring Treasury yields are raising concerns in Congress as their precipitous rise in recent months further darkens the outlook for U.S. debt. The 10-year yield shot up to 5.23% on Friday, the highest level since 2007 and more than a full percentage point since right before the Iran war started. Meanwhile, the 30-year yield hit
Tens of thousands of people took to the streets in Madrid on Saturday to protest against Spain’s housing crisis and ask for protective measures for tenants, anti-fraud rules, and a ban on evictions without alternative housing. The protest came in reaction to the dramatic eviction on Wednesday of an 87-year-old woman from the Madrid apartment she had lived in
