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In just one year, Google turns AI setbacks into dominance
Caught off guard by ChatGPT and mocked for early blunders with its own generative artificial intelligence efforts, Google has pulled off a dramatic turnaround in just one year, becoming a major player in consumer-facing AI.”The market had written off Alphabet in the AI race,” Matt Britzman, analyst at Hargreaves Lansdown, said of Google’s parent company. …
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New York’s finance sector faces risks from Trump visa crackdown
On a bright September morning, employees stream through the turnstiles and vast lobby of Goldman Sachs’ headquarters in the sunlit Battery Park City neighborhood of Manhattan.More than 9,000 people work at the investment bank’s New York head office.And hundreds of them depend on the H-1B skilled worker visa, recently targeted by the Trump administration for …
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US stocks retreat from records as tech giants fall
Wall Street’s bull run showed signs of fatigue Tuesday as major indices retreated from records on drops by Amazon, Nvidia and other tech giants.The pullback followed comments from Federal Reserve Chair Jerome Powell warning that cutting interest rates “too aggressively” could stoke inflation, while the central bank boss also emphasized the need to try to …
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