Some top commodity brokerage firms are gearing up for what is promising to be the next front for AI trading: the buying and selling of derivatives tied to the cost of renting computing power used to develop and run artificial intelligence.
Oil held steady after three sessions of gains as traders booked profits from the recent rally while threats to energy supplies continued to loom from the Middle East to Russia.
Oil rose as Ukraine cast doubt on an “energy ceasefire” touted by US President Donald Trump and Saudi Arabia faced a fresh round of attacks following the deadliest strikes since the start of the Iran war.
Oil rose as signs of tightness across several key market gauges outweighed indications of diplomatic progress toward reopening the critical Strait of Hormuz.
More than six months after the start of the Iran war, JPMorgan Chase & Co.’s oil analysts are stating what many traders have been saying privately for some time: the path to the end of the war is increasingly impossible to predict.
Artificial intelligence companies in the US have spent hundreds of billions of dollars to develop advanced chatbots, betting they can earn enough from customers to justify the investment. That approach carries the risk of being undermined by rivals who build competing AI systems for far less.
A sanctioned Iranian cybersecurity training firm has announced its largest-ever recruitment class, deepening concerns about hacks from the country continuing to pummel the US.
A series of recent online hacks carried out by artificial intelligence models made by Anthropic PBC, OpenAI and Meta Platforms Inc. have caused widespread concern about the security risks posed by this increasingly powerful technology.
Fei-Fei Li, an AI pioneer, says technologists like herself need to do a better job of communicating the benefits of artificial intelligence and warns that growing public opposition in the US could carry risks for the world.
CodeRabbit Inc., an artificial intelligence-powered code review service, has raised $143 million in a new funding round, tapping into demand for tools to spot flaws in AI-generated software programming.
A Chinese-built digital spyware tool has evolved into a more all-encompassing surveillance technology that’s in use in more than 13 countries, according to new research from a security firm.
Scale AI Inc. has appointed an executive from Alphabet Inc.’s Google to be its first permanent chief executive officer in more than a year since Meta Platforms Inc. invested $14.3 billion in the data-labeling startup and hired away its CEO.
US Homeland Security Investigations recently seized more than 30,000 mobile phone SIM cards from sites around the country, in an operation that the agency says dismantled infrastructure criminals used in widespread telephone fraud.