United Nations Secretary-General António Guterres on Tuesday called on artificial intelligence companies to release information about the carbon pollution they create, along with the water and land used to power their operations.While urging action in an address at London Climate Action Week, Guterres proposed the AI Environmental Transparency Initiative, arguing AI companies should measure and disclose the impact of their increasingly in-demand technology — impact which has been cited by opponents as reasons to curb the rapid growth of data centers. These companies have faced mounting pressure, both from governments and locally in areas with data centers that support AI,…
Author: Staff Writer
Tech stocks continued their slide Tuesday, stoking concerns that the long-feared collapse of the AI and chip rally could be near. But some traders on Wall Street say this is only a bump in the road. The Nasdaq Composite Index was down 475 points, or nearly 2%, as of 9:45 a.m. ET Tuesday, after dropping 1.3% on Monday. Shares of major chipmakers were broadly lower, some substantially so. The sell-off that began Monday gathered steam overnight, as global markets in Asia took heavy losses on plunging memory-chip stocks. South Korea’s Kospi index, which has been the best-performing index in the…
Vegetarians typically don’t have to specify “no meat or plastic” when buying food, but a MorningStar Farms recall begs to differ. The plant-based food brand has recalled vegetarian chicken nuggets and sausage patties due to the possible presence of plastic, according to a Monday, June 22, announcement published by the Food and Drug Administration. Think you might have one of the affected products? Here’s what you need to know about the MorningStar Farms recall. What products are affected? The two recalled products were distributed in the U.S., Puerto Rico, and Costa Rica. Here is the specific information for the items…
Not having a clear plan can feel irresponsible. We’re taught that successful people map everything out before they begin. That they have a five-year strategy, a perfectly timed roadmap, and certainty about what comes next. But most people don’t get stuck because they lack a plan. They get stuck because they believe they need one before they move. After building a business from the ground up, including stepping into an online model with no prior experience, I’ve learned that clarity rarely comes first. More often, clarity is the result of movement. If you’re feeling stuck, here are three practical ways…
Uber’s mobile apps present a pleasing simplicity of costs: You know the fare upfront, and the only math left is how much to tip. But the factors governing your driver’s profit on any one ride, and over their ongoing business, are far from simple. A recent report by Columbia Business School professor Len Sherman, which he unveiled with the gig-work-optimization app GigU at the Web Summit Rio conference, tries to dispel that financial fog by crunching data shared confidentially by a few experienced drivers. Sherman’s conclusion: By deploying algorithmic pricing and shifting costs, Uber has revved up its U.S. “take…
Speaking at Cisco’s AI Summit in February, Nvidia CEO Jensen Huang argued that concern over hypercapable AI replacing human knowledge workers en masse was overblown. “You’re not going to lose your job to AI,” he declared. “You’re going to lose your job to someone who uses AI.” You could regard this prospect as ominous in itself. Or you could seize the opportunity to become that “someone who uses AI.” These days, that doesn’t just mean querying a chatbot. It means harnessing AI agents. Using them can free up time for you to do your best work. Here’s a guide to…
Michael Burry, the investor whose controversial bet against the housing market was made famous in The Big Short, is continuing his campaign against another, perhaps even frothier target: Nvidia. Here’s why entrepreneurs outside the AI sector should still be taking note. In a pair of Substack posts he published on May 25 and May 22, Burry argues that the computer chip giant—both a driver of and a beneficiary from the ongoing artificial intelligence boom—is displaying ominous financial indicators and, he adds, seems primed for “an aggressive fall.” If the trajectory of the AI sector ends up looking anything like that of the 2008 financial crisis Burry…
Keir Starmer’s resignation comes as absolutely no surprise. The shocking part is not that he quit, but that it took this long. The British people delivered one of the largest electoral victories in modern history to Labour in 2024, only to discover that changing the party did nothing to change the direction of government. The economy remained stagnant, the cost of living crisis continued, migration remained out of control, taxes rose, public services deteriorated, and confidence collapsed. Even members of his own party eventually concluded that Starmer could no longer survive politically. What we are witnessing is not merely the…
A rocket needs its tail to lift off. Without it, the launch fails. But once altitude is reached, that same tail becomes drag. If it doesn’t detach, it limits how high the rocket can go. Founders are the same. Early on, my obsession and need for control were my biggest assets. I succeeded because I outworked everyone, took the biggest risks, and made the tough calls myself. But as the company grows, these exact traits can drag me down. For me, the real skill now is knowing what to let go of and exactly when to do it. Over the…
German Defence Minister Boris Pistorius declared that “not all deployed soldiers will be volunteers” as Germany continues expanding its military presence in Lithuania. For years, the public was told that military service would remain voluntary. Pistorius is openly stating that a military conscription is coming. Some may believe this is solely about soldiers volunteering to be stationed in Lithuania, but in truth he is saying that Germany will do everything to honor its agreements to foreign governments and foreign wars. Germany suspended conscription in 2011 and spent years portraying itself as a modern, peaceful nation. Now politicians are openly discussing…