Is Wall Street losing faith in AI?

A rough week for tech stocks might signal a loss of investor confidence in artificial intelligence. The Wall Street Journal reports that the Nasdaq Composite Index was down 3% — making this its worst week since President Donald Trump announced his sweeping tariff plan in April. Tech companies that have otherwise performed well this year…

Read More

OpenAI asked Trump administration to expand Chips Act tax credit to cover data centers

A recent letter from OpenAI reveals more details about how the company is hoping the federal government can support the company’s ambitious plans for data center construction. The letter — from OpenAI’s chief global affairs officer Chris Lehane and addressed to the White House’s director of science and technology policy Michael Kratsios — argued that…

Read More

Texas AG sues Roblox, accusing it of prioritizing ‘pixel pedophiles’ over child safety

Texas Attorney General Ken Paxton late on Thursday said he is suing online gaming platform Roblox over child safety concerns, accusing the company of “deceiving parents about the dangers of its platform.” In a statement, Paxton alleged that Roblox chooses to prioritize “pixel pedophiles” and profit over the safety of children, and said the platform…

Read More

Seven more families are now suing OpenAI over ChatGPT’s role in suicides, delusions

Seven families filed lawsuits against OpenAI on Thursday, claiming that the company’s GPT-4o model was released prematurely and without effective safeguards. Four of the lawsuits address ChatGPT’s alleged role in family members’ suicides, while the other three claim that ChatGPT reinforced harmful delusions that in some cases resulted in inpatient psychiatric care. In one case,…

Read More