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Chinese Self-Driving Tech Firms Target Europe

Key Points Chinese self-driving tech companies are expanding aggressively into Europe. Several major Chinese companies are establishing headquarters and partnerships in Europe. The move is raising concerns about competition among European rivals. Some believe the Chinese competition will help accelerate Europe's own self-driving industry. Blocked from the U.S. market by national security concerns, Chinese self-driving technology companies are now making a major push into Europe....

Jeff Bezos Says AI Is in a ‘Bubble,’ But the Technology Is ‘Real’

Key Points Amazon founder Jeff Bezos says the AI industry is in an "industrial bubble." He says stock prices are disconnected from fundamentals, and both good and bad ideas are getting funded. However, he believes the underlying AI technology is "real" and will bring "gigantic" benefits. He compares it to past "industrial bubbles," such as the biotech boom, which ultimately produced valuable innovations. Amazon founder...

OpenAI Fires Back at Musk, Calls Poaching Lawsuit ‘Ongoing Harassment’

Key Points OpenAI is asking a judge to dismiss a lawsuit from Elon Musk's xAI. The lawsuit alleges that OpenAI is poaching employees to steal trade secrets. OpenAI denies the claims and calls the lawsuit part of Musk's "ongoing harassment." OpenAI claims that xAI is "hemorrhaging talent," with employees leaving on their own. OpenAI is asking a federal judge to throw out Elon Musk's latest...