A 7,000-word “doomsday” thought experiment from Citrini Research helped trigger an 800-point drop in the Dow, “painting a dark portrait of a future in which technological change inspires a race to the bottom in white-collar knowledge work,” reports the Wall Street Journal. From the report: Concerns of hyperscalers overspending are out. Worries of software-industry disruption don’t go far...
An anonymous reader quotes a report from the Financial Times: Officials working with Donald Trump’s “Board of Peace” are exploring setting up a stablecoin for Gaza as part of efforts to reshape the devastated Palestinian enclave’s economy, according to five people familiar with the discussions. The talks around introducing a stablecoin — a type of cryptocurrency whose value is pegged to a...
OpenAI has formed a multi-year “Frontier Alliance” with four consulting heavyweights to accelerate enterprise adoption of its no-code AI agent platform, OpenAI Frontier. TechCrunch reports: The alliance includes multi-year partnerships between OpenAI and four major consulting firms, Boston Consulting Group (BCG), McKinsey, Accenture and Capgemini, to sell its enterprise products. OpenAI’s...
Panasonic is handing over the manufacturing, marketing, and sales of its TVs to Shenzhen-based Skyworth, effectively exiting in-house TV production. Ars Technica reports: Skyworth is a Shenzhen-headquartered TV brand. The company claims to be “a top three global provider of the Android TV platform.” In July, research firm Omdia reported that Skyworth was one of the top-five TV brands by sales...
An anonymous reader quotes a report from Reuters: Researchers at ASML Holding say they have found a way to boost the power of the light source in a key chip making machine to turn out up to 50% more chips by decade’s end, to help retain the Dutch company’s edge over emerging U.S. and Chinese rivals. ASML is the world’s only maker of commercial extreme ultraviolet lithography (EUV) machines, a...
IBM shares plunged nearly 13% on Monday after Anthropic published a blog post arguing that its Claude Code tool could automate much of the complex analysis work involved in modernizing COBOL, the decades-old programming language that still underpins an estimated 95% of ATM transactions in the United States and runs on the kind of mainframe systems IBM has sold for generations. Anthropic said...
Linus Torvalds has pondered his professional mortality in a self-deprecating post to mark the release of the first release candidate for version 7.0 of the Linux kernel. From a report: “You all know the drill by now: two weeks have passed, and the kernel merge window is closed,” he wrote in the post announcing Linux 7.0 rc1. “We have a new major number purely because I’m easily confused and not...
This episode of Uncanny Valley covers the people resigning from AI companies and the humans getting hired by AI agents. Plus, we attend a soiree thrown by a conservative women’s magazine.
New York, USA — As the global financial landscape navigates the persistent divergence of central bank interest rate policies and heavily concentrated equity market valuations in early 2026, institutional investors face unprecedented challenges in isolating alpha from macro-driven beta. Against this backdrop of heightened structural uncertainty and shifting yield curves, Summit Valtorin...
New York, USA — Based on recent market tracking from Reuters Markets and Yahoo Finance, global sovereign bond yields have surged over the past 48 hours, driven by stubbornly high core inflation metrics and shifting expectations surrounding the Federal Reserve’s rate cut trajectory. Amidst this escalating macroeconomic turbulence, Dr. Babatunde Bello, B.A., M.Fin (Founder and […]
New York, USA — Recent data published across major financial portals, including Reuters Markets and Yahoo Finance, indicates a profound shift in global liquidity, driven by fluctuating inflation metrics and recalibrated central bank rate expectations. As emerging markets brace for the subsequent wave of capital reallocation, institutional frameworks are becoming the ultimate differentiator...
Despite AI’s progress in building complex software, the ubiquitous PDF remains something of a grand challenge — a format Adobe developed in the early 1990s to preserve the precise visual appearance of documents. PDFs consist of character codes, coordinates, and rendering instructions rather than logically ordered text, and even state-of-the-art models asked to extract information from them will...
U.S. artificial-intelligence startup Anthropic said three Chinese AI companies set up more than 24,000 fraudulent accounts with its Claude AI model to help their own systems catch up. From a report: The three companies — DeepSeek, Moonshot AI and MiniMax — prompted Claude more than 16 million times, siphoning information from Anthropic’s system to train and improve their own products, Anthropic...
The crypto market is heating up again, and narratives are forming around the Litecoin price, the evolving SUI price prediction, and what many are calling the next top crypto to buy. Litecoin has long held its ground as one of the market’s most recognized legacy altcoins, often viewed as a faster, lighter alternative to Bitcoin. […]