Sanders warns Big Tech over AI spending and debt risks

·1 views

Senator Bernie Sanders has cautioned major technology companies about the growing amounts they are spending and borrowing to develop artificial intelligence. He argued that firms such as Microsoft, Meta, and Google could face serious financial damage if their AI projects do not produce profits. Wall Street analysts are also voicing doubts about whether such large AI investments can be sustained. Those concerns have intensified following a drop in Alphabet's stock after weaker-than-expected earnings.

Read the full story at Times of India

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

Heirs of Jewish banker sue Sotheby's over Pissarro painting allegedly Nazi-looted

The heirs of Salomon Flavian have filed a lawsuit against Sotheby's concerning a Camille Pissarro painting valued at £1.2 million. They claim the work was seized by the Nazis during the Second World War. The family also contends they were not properly included in an earlier settlement over the piece. Sotheby's maintains that the sale was conducted properly and was legally sound. The case underscores the continuing difficulties in reclaiming Holocaust-era property for rightful heirs.

0 comments Read more at Times of India

IndiaTimes of India ·

Hope Diamond Mailed to Smithsonian in 1958 for Just $145

In 1958, the famed Hope Diamond was shipped as registered mail to the Smithsonian Institution for safekeeping. The gem, which traces its origins to India, has a storied royal past. Jeweller Harry Winston had acquired it from the estate of Evalyn Walsh McLean in 1949. He later donated the stone to the museum. The package was sent in a plain brown wrapper at a cost of $145.

0 comments Read more at Times of India

IndiaTimes of India ·

Hardeep Puri Says 1984 Anti-Sikh Riots Had No Justification Ahead of 42nd Anniversary

Union minister Hardeep Singh Puri has publicly addressed the lasting impact of the 1984 anti-Sikh riots. He stated that the violence against the Sikh community could not be justified under any circumstances. Puri expressed sorrow over the loss of life and the ongoing suffering of the victims. He also praised HS Phoolka for his persistent work in seeking justice for those affected. His remarks come ahead of the 42nd anniversary of the riots, as the demand for accountability continues.

0 comments Read more at Times of India

IndiaIndian Express ·

Meitei and Naga groups rally in Imphal demanding abrogation of SoO truce pact

Members of the Meitei and Naga communities held a rally in Imphal calling for the abrogation of the Suspension of Operations (SoO) truce agreement. The demonstration reflects the demands of the participating groups regarding the pact, which governs security arrangements with armed factions in Manipur. Organisers used the rally to press their stance publicly in the state capital. The article reports the gathering as a joint protest, though the specific timing and attendance details are drawn from the original report.

0 comments Read more at Indian Express