McKinsey & Company warns companies that AI spending may rise even further as agents become more common. Compared to text-based AI tools, agents can cost much more to run because they are actually completing tasks. Such tasks are often multistep processes, so the same goal can be accomplished in a variety of ways, and costs
September 20, 2026 — 10:30pm Save You have reached your maximum number of saved items. Remove items from your saved list to add more. AAA Treasurer Jim Chalmers has flagged a desire to deliver Australians a fresh round of tax cuts as he prepares to release a 40-year economic forecast that he warns will contain
The “Bond King” has a word of warning for investors: beware of higher interest rates. Jeff Gundlach, the veteran fixed-income investor and CIO of DoubleLine Capital, laid out his latest outlook for markets at an event in Manhattan on Thursday. Treasury yields have spiked to nearly two-decade highs in recent weeks, but rates have the
King Charles III became the latest global figure to press the AI industry for guardrails on Thursday, telling executives from OpenAI, Anthropic, Google DeepMind and Nvidia that “we need sufficient means of control before it is all too late.” His remarks, delivered at a summit at Dumfries House in Scotland, arrived as pressure on the
Speaking to the Today programme on Thursday, Suleyman warned against firms continuing to create AI systems capable of setting their own objectives, earning money and owning assets. That would mean “essentially seeding a new silicon species”, he said, which could “no doubt compete with us for resources, no matter how much it cares about humanity
Days after he helped extinguish the Eaton Fire in Los Angeles, Pasadena Fire Captain David Marquez inhaled his first dose of glutathione on the side of the road outside the Rose Bowl stadium. The wildfire became the second most destructive fire in California’s history, killing 19 and destroying 9,000 buildings. “We were having trouble sleeping,”
