San Francisco’s real estate slide continues as office vacancies peak

San Francisco’s real estate slide continues as office vacancies peak

Artificial intelligence has been a big boon for San Francisco real estate. But not enough of one to make up for the broader struggle across the market. The vacancy rate for San Francisco office space reached a fresh record of 34.5% in the second quarter, according to a report Monday from commercial real estate firm … Read more

Stop worrying and learn to love the triumph of Big Tech

Stop worrying and learn to love the triumph of Big Tech

If you still doubt the power that the biggest stocks have over this market, Friday’s performance should dispel it: Meta Platforms added $29.95, or 5.8%, bumping its gain this year to more than 52.8%. Amazon rallied $2.41, or 1.2%, and is now up roughly 31.6% in 2024. Alphabet increased $4.78, or 2.5%, for a year-to-date … Read more

Wells Fargo (WFC) earnings; CPI, PPI inflation data key in week ahead

Wells Fargo (WFC) earnings; CPI, PPI inflation data key in week ahead

Wall Street finished higher for the holiday-shortened trading week, with tech stocks leading the way. The Dow Jones Industrial Average gained under 1% for the week. The S & P 500 and Nasdaq , which both closed at record highs Friday — rising nearly 2% and 3.5%, respectively, for the week. The first week of … Read more

Cohere CEO and ex-Google researcher Aidan Gomez on how AI makes money

Cohere CEO and ex-Google researcher Aidan Gomez on how AI makes money

Aidan Gomez was an intern at Google Brain in 2017, when he helped co-author the “Attention Is All You Need” paper that conceptualized the transformer and eventually kicked off the generative artificial intelligence boom. “There’s no one in the field who was around back then working who could have foreseen where we are in terms … Read more

Self-Driving Taxi Drives Into Oncoming Traffic, Takes Off From Cop Trying To Pull It Over

Self-Driving Taxi Drives Into Oncoming Traffic, Takes Off From Cop Trying To Pull It Over

Cops in Arizona had a shock last month when they attempted to pull over a car that was driving the wrong way. When they spotted a car heading the wrong way in traffic, they raced after it to pull the car over and ticket the driver, only to find that there was nobody behind the … Read more

China leads the generative AI patents race; Tencent, Baidu top list: UN

China leads the generative AI patents race; Tencent, Baidu top list: UN

TIANJIN, CHINA – JUNE 20: A humanoid robot Xiao Qi is on display during the 2024 World Intelligence Expo at the National Convention and Exhibition Center (Tianjin) on June 20, 2024 in Tianjin, China. (Photo by VCG/VCG via Getty Images) Vcg | Visual China Group | Getty Images China dominates the global race in generative … Read more

McDonald’s, Yum, Wendy’s test tech

McDonald’s, Yum, Wendy’s test tech

The drive-thru menu at a McDonald’s restaurant showing various meal options and promotions, in Buttonwillow in Kern County, California, on 23, 2024. Smith Collection | Gado | Archive Photos | Getty Images Searching for ways to lower labor costs, restaurants are hoping that artificial intelligence can take down drive-thru orders — but it will likely … Read more

Google’s carbon emissions surge nearly 50% due to AI energy demand

Google’s carbon emissions surge nearly 50% due to AI energy demand

A view of the Google headquarters in Mountain View, California, on April 16, 2024. Tayfun Coskun | Anadolu | Getty Images Google‘s emissions surged nearly 50% since 2019, the company said Tuesday in its 2024 environmental report, marking a notable setback in its goal to achieve net-zero emissions by 2030.  Google’s emissions also increased 13% … Read more

NFL, RedBird’s EverPass lines up Sunday Ticket in bars, restaurants

NFL, RedBird’s EverPass lines up Sunday Ticket in bars, restaurants

Football fans watch the NFL Super Bowl XLVIII game between the Denver Broncos and the Seattle Seahawks on at a sports bar in New Jersey on February 2, 2014. Cem Ozdel | Anadolu Agency | Getty Images A satellite dish is no longer the only way bars and restaurants can air the National Football League’s … Read more

Google invests in BlackRock-backed solar developer in Taiwan amid AI boom

Google invests in BlackRock-backed solar developer in Taiwan amid AI boom

The aerial view reveals the mutual benefits of combining solar energy production and agricultural land use. Farmers can lease their land to solar energy developers, diversifying their income streams while maintaining agricultural activities on the remaining areas. This symbiotic relationship supports sustainable development by reducing greenhouse gas emissions and promoting renewable energy adoption. Shih-wei | … Read more