Author: arthursheikin@gmail.com

[ad_1] Library e-book and audiobook app Libby is adding AI, much to the disappointment of some readers and librarians, who would prefer not to have AI inserted into their favorite apps. The new feature, “Inspire Me,” allows users to get book recommendations by using prompts or from their previously saved titles in Libby. To use the feature, readers tap on the “Inspire Me” options on Libby’s home page, where they can ask for fiction or nonfiction, then narrow down the suggestions by other factors, like age range, type of content, and more. For instance, you might tap on suggestions like…

[ad_1] Rocket Lab (RKLB) may be setting up for yet another breakout after an absolutely amazing 12 months that saw the stock go from $6 to current levels near $49. I stopped myself several times from using obvious puns and metaphors such as “lift off,” “blast off” or “exploding higher,” but these all apply to this new age growth company. Rocket Lab has completed more than 70 successful launches, making it the second most active commercial launch company behind SpaceX. I think we still move higher and just this morning I increased my holding from 4% to 7% in my…

[ad_1] Meta plans to launch a super PAC to support California candidates favoring a light-touch approach to AI regulation, Politico reports. The news comes as other Silicon Valley behemoths, like Andreessen Horowitz and OpenAI’s Greg Brockman, pledge $100 million for a new pro-AI super PAC.  Meta will pour tens of millions into its new group, dubbed Mobilizing Economic Transformation Across California, according to Politico. Brian Rice, Meta’s VP of public policy and head of the new PAC, has argued that Sacramento’s regulatory environment “could stifle innovation, block AI progress, and put California’s technology leadership at risk.” Meta’s lobbying force earlier…

[ad_1] It’s a tough time to be a young coder.Early-career professionals across the board are having a hard time finding work right now, and new research from Stanford University shows the impact AI is having on certain professions.Researchers Erik Brynjolfsson, Bharat Chandar, and Ruyu Chen wrote that while “the facts we document may in part be influenced by factors other than generative AI, our results are consistent with the hypothesis that generative AI has begun to affect entry-level employment,” according to their new paper published Tuesday.Early-career workers, defined as those ages 22 to 25, in occupations most exposed to AI…

[ad_1] Josh Brown expects Apple shareholders to reap immediate rewards if the iPhone maker struggling with artificial intelligence goes through with a deal for Perplexity AI. “If they do it, you get a new all-time high in Apple the day they announce it,” Brown told CNBC’s “Halftime Report” on Tuesday. “I think this is what everyone who’s holding shares of Apple, and believes that this will remain a relevant company for the next 10 years into the AI generation, wants them to do.” The CEO of Ritholtz Wealth Management and CNBC PRO contributor made his comments following a report from…

[ad_1] Going “founder mode” means staying close to the action, keeping a watchful eye on every layer of your company’s operations, even as it leaves the small-scale startup days.What it doesn’t mean is micromanaging, according to the guy who coined the phrase.Paul Graham, cofounder of the famed startup accelerator Y Combinator, first wrote the term in a 2024 essay that quickly made waves in Silicon Valley. In the essay, he separated “founder mode” from “manager mode,” explaining that corporate visionaries are far too often asked to become “professional managers” and delegate to C-suite executives as their companies expand.Graham wrote the…

[ad_1] The S & P 500 ‘s quarterly shakeup has become a favorite guessing game for traders. New Wall Street research suggests the index’s upcoming rebalance could give spots to one hot AI company and some other well-loved stocks. The S & P Dow Jones Indices announced on Monday that Interactive Brokers will replace Walgreens Boots Alliance , which is set to go private, in the S & P 500 on Thursday. Shares of the brokerage, which was the largest financial stock in S & P 400 Midcap index, jumped on Tuesday following the announcement before giving up the bulk…

[ad_1] This as-told-to essay is based on a transcribed conversation with Raheel Khawaja about being laid off from Microsoft in March 2023. Business Insider has verified Khawaja’s former employment and financials. The following has been edited for length and clarity.The layoff took me completely by surprise, but when I got an invite for a 15-minute meeting with my manager and someone from HR, I’d been around the block enough to know where it was headed.I didn’t freak out because I knew I had money coming in, thanks to the early mornings, late nights, and weekends I’d spend building income streams…

[ad_1] IBM and AMD are partnering to develop next-generation computing architectures that integrate IBM’s quantum systems with AMD’s AI-specialized chips. The move could position both the tech giant and chipmaker as key infrastructure players as they look to regain ground after falling behind on the generative AI boom. Together, IBM and AMD will attempt to launch a commercially viable quantum computing architecture — one that’s scalable and open sourced. In other words, it will be more widely accessible to researchers and developers solving complex real-world problems in fields like drug and materials discovery, optimization, and logistics, per IBM. “Quantum computing…

[ad_1] Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.French borrowing costs rose to their highest since March and stocks sold off for a second day on Tuesday, as investors reacted to the prospect of a government collapse as soon as next month.Prime Minister François Bayrou on Monday called a confidence vote for September 8 over his deficit-cutting budget proposals. Lawmakers have two weeks to “say whether they are on the side of chaos or on the side of responsibility”, Bayrou said as he addressed union members on Tuesday. “The…