business

Ever since the rollout of ChatGPT in November 2022, many people in science, business, and media have been obsessed with AI. A cursory look at my own published work during that period fingers me as among the guilty. My defense is that I share with those other obsessives a belief …

A US federal judge in the Southern District of New York has sentenced Sam Bankman-Fried, founder of bankrupt crypto exchange FTX, to 25 years in prison. In addition, Bankman-Fried has been ordered to forfeit $11 billion. Last November, at the end of a month-long trial, Bankman-Fried—known colloquially as SBF—was found …

Call it a bug zapper, not a feature. Data from Fakespot, a service owned by Mozilla that helps consumers spot fake reviews and scams on shopping sites, shows a bizarre rise in the number of listings for bug zappers on Amazon over the past three years. At the same time, …

The US government issued new rules Thursday requiring more caution and transparency from federal agencies using artificial intelligence, saying they are needed to protect the public as AI rapidly advances. But the new policy also has provisions to encourage AI innovation in government agencies when the technology can be used …

This past Monday, about a dozen engineers and executives at data science and AI company Databricks gathered in conference rooms connected via Zoom to learn if they had succeeded in building a top artificial intelligence language model. The team had spent months, and about $10 million, training DBRX, a large …

On March 12, Russian-Swedish national Roman Sterlingov was found guilty of money laundering conspiracy and other violations by a federal jury in Washington, DC, for having operated Bitcoin Fog, a service criminals used to launder what authorities claim was hundreds of millions of dollars in ill-gotten gains. The conviction was …

In the early hours of Tuesday morning, the global supply chain and US coastal infrastructure collided in the worst possible way. An enormous container ship, the Dali, slammed into a support of the Francis Scott Key bridge in Baltimore, crumpling its central span into the Patapsco River and cutting off …

Just shy of half past 1 in the morning, the MV Dali, a giant container ship, was sailing gently out of the port of Baltimore when something went terribly wrong. Suddenly, lights all over the 300-meter-long vessel went out. They flicked on again a moment later, but the ship then …

Apple is among three tech giants being investigated for failing to comply with the European Union’s new competition rules, in another blow to the embattled smartphone maker. Apple was the primary focus of an EU press conference on Monday morning. But authorities also opened formal investigations into Meta and Alphabet, …

Earlier this month, Meta announced that it would be shutting down CrowdTangle, the social media monitoring and transparency tool that has allowed journalists and researchers to track the spread of mis- and disinformation. It will cease to function on August 14, 2024—just months before the US presidential election. Meta’s move …