Markets
Browsing: Business
Trump calls Nvidia CEO Jensen Huang during summit, dismisses AI fears as ‘hoax’
Nvidia CEO Jensen Huang received a surprise phone call from President Donald Trump on Monday, in which the president dismissed fears that AI poses an existential threat to humanity and argued against calls to slow frontier AI development. While speaking on…
Jamie Dimon, David Solomon, other top execs praise Trump admin’s pro-business policies
The Treasury Department on Monday night will release a video of top CEOs praising the Trump administration’s vision for business growth. FOX Business obtained the roughly one-minute video featuring a series of interview clips made at the G20 ministerial…
Sam Altman identifies two biggest risks facing AI’s future
OpenAI CEO Sam Altman outlined two scenarios that he sees could derail progress in developing artificial intelligence (AI) and must be avoided. Altman wrote in a Sunday night post on X that the two areas of concern involve the loss of control over AI’s…
LARRY KUDLOW: The AI armageddon, like the climate hoax, is an election-year Democratic ruse
When it comes to the frontiers of Artificial Intelligence, I’m surely not your run-of-the-mill expert. I have some sense of models, agents, and bots. And I think I understand concerns that rogue AI agents can break free of their human instructions, or what…
Microsoft unveils code of conduct for AI models as safety concerns mount
Microsoft on Monday revealed a draft of a new “Humanist AI Code of Conduct” that outlines the principles that will govern its development of AI models in an effort to get feedback ahead of publishing a revised version later this year. The company said the…
Tech CEO warns centralized AI power could lead to ‘counterfeit’ humans, technocrats seeking control
Artificial intelligence could become a powerful economic engine for American communities, but a tech CEO warns that allowing a handful of companies to dominate the technology could lead to a much darker outcome. Patmos CEO John Johnson joined FOX Business’…
GameStop says ‘select’ closed stores to reopen nationwide
GameStop says it is reopening “select” stores across the country as company insiders make new investments in the video game retailer’s stock. The company announced on social media that “select” closed stores would begin reopening Sept. 11. GameStop did not…
Sam Altman says OpenAI won’t IPO this year
OpenAI CEO Sam Altman signaled that the company will delay its initial public offering (IPO) amid concerns about the safety and alignment of AI models given potential risks they could pose to society. The ChatGPT-maker confidentially submitted an S-1 filing…
Sam Altman says OpenAI won’t go public in 2026 amid AI safety concerns
OpenAI CEO Sam Altman signaled that the company will delay its initial public offering (IPO) amid concerns about the safety and alignment of AI models given potential risks they could pose to society. The ChatGPT-maker confidentially submitted an S-1 filing…
Amazon pauses operations with cargo carrier 21 Air following fatal Miami plane crash
Amazon has paused operations with cargo carrier 21 Air following the fatal crash of an Amazon-branded freighter at Miami International Airport earlier this month. “After the tragic incident last weekend, we’ve spent time supporting the investigation and…