This month, Sotheby's is putting up an unusual piece of art for sale: a portrait created by an AI robot named Ai-Da. The painting, called "A. I. God. Portrait of Alan Turing (2024), " is expected to sell for between $120, 000 and $180, 000. Ai-Da, who was created by British gallerist Aidan Meller, u
TSMC, the world's leading chipmaker, is set to start mass production at its newest facility in Arizona. This plant, top-notch and built in partnership with the US government, is showing impressive results. TSMC's US president, Rick Cassidy, shared in a webinar that the yields—a key measure of chip q
Boeing’s new CEO, Kelly Ortberg, has big plans to turn things around. He wants the company to be leaner and make higher-quality planes. But right now, Boeing is facing a big problem: a strike by thousands of workers. These machinists are upset about their contract and have been picketing outside a B
SpaceX recently made history with its Starship launch and reentry, showcasing American ingenuity. But while Elon Musk's company is breaking boundaries, the U. S. government is busy pursuing it with regulations from seven federal agencies. This isn't just about SpaceX; many U. S. companies are facing
Companies are taking baby steps when it comes to using artificial intelligence (AI) in satellite manufacturing. Blue Canyon Technologies, for instance, is keen on understanding how AI can boost production without compromising cybersecurity. "Where does your data go when you're teaching an AI system?
HSBC has made a big change. They've picked Pam Kaur to be their first female Chief Financial Officer (CFO). This is a big deal for the bank, as it's been a while since they made such a significant leadership switch. Pam will start her new job on January 1st, taking over from Jon Bingham who was temp
Microsoft and OpenAI are in a race against time to determine how much equity the tech giant will get once the AI startup turns into a for-profit company. According to The Wall Street Journal, both companies have mobilized investment banks to negotiate this multibillion-dollar deal. Microsoft has pum
CVS Health has named David Joyner as its new CEO, filling the shoes of Karen Lynch who stepped down after an agreement with the board. Joyner, previously the vice president of CVS Health and president of CVS Caremark, will also join the board. The company believes Joyner's deep understanding of thei
Let's take a look at what's been happening in the biotech world today. Sage Therapeutics is cutting its workforce by a third and changing its leadership. Why? Recent clinical trial failures have likely played a role. Over in Australia, regulators have rejected Eisai and Biogen's Alzheimer's drug, L
Taiwan Semiconductor Manufacturing Company, or TSMC, just revealed a massive 54% increase in profits for the third quarter. This huge jump is largely thanks to the booming demand for AI-powered chips. The company's net income hit a whopping 352.3 billion Taiwanese dollars, which is roughly $10.1 bil
