Chegg’s 48% stock price plunge on Tuesday, pushed by suggestions throughout the agency’s earnings report regarding the risks of artificial intelligence, was “terribly overblown,” CEO Dan Rosensweig knowledgeable CNBC Tuesday. The shares rose as rather a lot as 8% in extended shopping for and promoting all through Rosensweig’s TV interview, which adopted the historic drop … [Read more…]
Amazon CEO Andy Jassy talked about he doesn’t pay so much consideration to the company’s stock price, even after the shares misplaced half their price in 2022 amid fears of a recession and a foul 12 months for tech shares all through the board. “I don’t spend a number of my time centered on the … [Read more…]
Rishi Sunak will this week meet the boss of Google for added talks about the way in which ahead for artificial intelligence (AI) amid a raging debate regarding the threats posed by the experience. Sky Information has learnt that the prime minister and Sundar Pichai, Google’s chief govt, will preserve a private meeting on Friday. … [Read more…]