TOKYO — Asian stocks were mixed, while South Korea’s Kospi stock index fell 6% on Wednesday, as doubts over massive investments in artificial intelligence once again led investors to dump chipmaker stocks. American futures hardly changed. The latest decline in Seoul was led by a drop in shares of chipmaker SK Hynix after its operating
For much of my computer science career, I viewed software vulnerability detection as a craft. The best researchers combine technical skill with intuition: the ability to know whether a software bug was a minor bug or a sign of a more serious vulnerability. For decades, machines found bugs and humans decided which ones mattered. Now,
NEW YORK — New York will block construction of new large data centers for up to a year so the state can create rules to protect the environment and energy grid from energy-intensive facilities that fuel artificial intelligence technology. Gov. Kathy Hochul will sign an executive order Tuesday morning imposing the nation’s first state moratorium
Bangkok– Oil prices rose early Tuesday as fighting intensified in the Middle East, while Asian stocks were mixed as markets in Tokyo and Seoul recovered from early losses. The price of Brent crude oil rose more than 2.3% to $85.18 a barrel after soaring nearly 10% on Monday. U.S. benchmark crude oil rose 2.5% to
WASHINGTON– American consumers (and the Federal Reserve) are suffering another headache from high costs. The surge in data center investments — likely to top $700 billion this year — to boost artificial intelligence has made memory chips, computer processors and other equipment, as well as electricity, more expensive, and economists expect it to continue pushing
NEW YORK — A rally in AI stocks is sending indexes higher on Wall Street on Monday. the&The P 500 rose 0.7%, even though most stocks in the index fell. Strength in companies in the artificial intelligence technology industry sent the Nasdaq composite up 1.3% by midday ET, but the Dow Jones Industrial Average was