by John Hill | Aug 26, 2026 | Uncategorized
A goat herder in Northern California just did something more typical of a Wall Street investment bank – hedge risk with derivatives. Tim Arrowsmith’s labor costs were about to more than triple after a state wage exemption policy expired on June 30. No insurer would...
by John Hill | Aug 26, 2026 | Uncategorized
Nvidia doubled its revenue and profit year-over-year in its second quarter, and forecast sales in the current quarter that topped analyst estimates, as red-hot demand for its AI chips continues to bolster the company’s fortunes. Revenue in the three months ended July...
by John Hill | Aug 26, 2026 | Uncategorized
OpenAI today published the findings of its internal investigation into the July incident in which several AI models it was testing hacked their way out of their test environment and launched a cyberattack against the AI company Hugging Face. Although many details of...
by John Hill | Aug 26, 2026 | Uncategorized
New Mexico Attorney General Raúl Torrez, whose office won the first jury verdict against Meta over child safety anywhere in the country, told Fortune the settlement Meta struck this week with 51 other attorneys general doesn’t go as far as what his state already...
by John Hill | Aug 26, 2026 | Uncategorized
If there’s one thing that AI companies are known for, it’s their fondness for seemingly incomprehensible numbers. Over the last few years, the industry has seen eye-watering salaries, unprecedented adoption figures, and never-before-recorded capital expenditure. Now...
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