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KPMG’s CEO on why AI safety isn’t another Y2K and why business leaders are thinking hard about talent right now
NewsOctober 23, 20266 min read

KPMG’s CEO on why AI safety isn’t another Y2K and why business leaders are thinking hard about talent right now

On New Year’s Eve 1999, while the world waited to see whether the Y2K bug would knock out computer systems at midnight, Tim Walsh was looking at an apartment near…

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Skydance’s merger exposes a gap between what pays for media and what democracy needs
NewsOctober 23, 20267 min read

Skydance’s merger exposes a gap between what pays for media and what democracy needs

Media critic Ben Bagdikian warned in 2004 that five corporations had accumulated “more communications power than was exercised by any despot or dictatorship in history.” More than 20 years later,…

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Block, Amazon, Synopsys and Cloudflare are rethinking how work gets done with AI
NewsOctober 23, 20266 min read

Block, Amazon, Synopsys and Cloudflare are rethinking how work gets done with AI

Good morning. Block’s leaders didn’t want to sprinkle AI on top of existing work. Recommended Video “We thought about fundamentally refactoring how we operate as a company,” Amrita Ahuja, Block’s…

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Giant Taiwanese chipmaker TSMC confirms it’s in talks with Elon Musk to join ‘Terafab’ complex in Texas: ‘The AI market continues to be very strong’
NewsOctober 23, 20263 min read

Giant Taiwanese chipmaker TSMC confirms it’s in talks with Elon Musk to join ‘Terafab’ complex in Texas: ‘The AI market continues to be very strong’

Taiwan Semiconductor Manufacturing Co. is exploring potential investments in Texas to expand its chip production in the United States, the advanced chipmaker said after posting another record profit on strong…

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Microsoft’s CEO is still haunted by staying silent in a meeting with Bill Gates. Years later, his boss Steve Ballmer taught him how to speak up
NewsOctober 23, 20264 min read

Microsoft’s CEO is still haunted by staying silent in a meeting with Bill Gates. Years later, his boss Steve Ballmer taught him how to speak up

Satya Nadella spent more than two decades climbing the ladder at Microsoft before becoming CEO in 2014. But looking back, the billionaire recently admitted that he once failed to speak…

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‘They are in a casino’: Broadcom is making billions off the AI boom, but CEO Hock Tan said many AI investors have ‘no clue’ what they’re investing in
NewsOctober 23, 20264 min read

‘They are in a casino’: Broadcom is making billions off the AI boom, but CEO Hock Tan said many AI investors have ‘no clue’ what they’re investing in

Hyperscalers are pouring billions into data centers, and Broadcom, which designs custom AI chips for them, has been one of the biggest beneficiaries. The company has generated about $68 billion…

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Nvidia’s European spending spree is about much more than Europe
NewsOctober 23, 20269 min read

Nvidia’s European spending spree is about much more than Europe

Welcome to Eye on AI. Beatrice Nolan here. In today’s issue: Recommended Video Nvidia CEO Huang says society shouldn’t tolerate AI cyber incidents. Anthropic tells investors its quarterly revenue hit…

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‘Close to zero’: AI chiefs reckon with ‘politics projects’ and the level of true change in response to AI
NewsOctober 23, 20264 min read

‘Close to zero’: AI chiefs reckon with ‘politics projects’ and the level of true change in response to AI

Few large organizations have rebuilt their core operations around artificial intelligence, according to the technology chief of one of the world’s largest consulting firms. He also said companies shouldn’t yet…

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‘You don’t want rogue agents’: Jamie Dimon bars outside AI agents like Meta’s Muse from JPMorgan accounts
NewsOctober 23, 20264 min read

‘You don’t want rogue agents’: Jamie Dimon bars outside AI agents like Meta’s Muse from JPMorgan accounts

Just as Big Tech is rolling out agents meant to help with your finances, banks are drawing a line at AI agents accessing your account information. On Tuesday, JPMorgan Chase CEO…

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What Apple’s hand-embroidered product launch reveals about advertising in the age of AI slop 
NewsOctober 23, 20266 min read

What Apple’s hand-embroidered product launch reveals about advertising in the age of AI slop 

To promote its latest product launch, Apple—one of the world’s biggest technology companies—picked up a needle and thread. Recommended Video In this era of AI food slop, AI agents behind…

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Moderna’s and Merck’s personalized mRNA vaccine shows real promise against deadly skin cancer melanoma in late stage trial and sends stocks soaring

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How KFC and Taco Bell’s top technologist is embracing AI and automation across 63,000 restaurants

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3 Screens are illuminated in the economy-class cabin on board an American Airlines Group Inc. Boeing Co. 777-300ER aircraft at Hong Kong International Airport in Hong Kong, China, on Friday, June 13, 2014.

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The AI boom made San Francisco so crowded even ‘tech bros’ making six figures are left scrounging for homes and apartments

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