New owner is said to be involved in AI industry, as new class of multimillionaires is entering the real estate race
A luxury Lake Como-inspired estate in the San Francisco Bay Area has sold to a buyer…
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2026 › August › 12
AI
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CoreWeave counters a key bear case on the AI trade. What it means for our data center stocks ⊕
CoreWeave is seeing strong demand for six-year-old Nvidia chips, helping justify all the current AI capex.
2 days ago
AI agents aren’t legally responsible for any harm that they cause, experts say. So who is? ⊖
Following Australia’s first reported automated hacking accident, experts warn deployers – and possibly developers – of AI agents could be held liable for the actions of their bots
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Google’s new Pixel 11 puts Gemini at center of AI phone battle with Apple ⊖
Google is launching the Pixel 11 lineup weeks before Apple rolls out a rebuilt Siri powered by Gemini AI models.
AI’s costly buildout complicates the Fed’s inflation fight ⊖
Tech leaders say AI will drive down costs. But slow corporate adoption and the data center buildout create inflation pressures that complicate the Fed’s job.
If the markets reject OpenAI and Anthropic, the US should nationalize them | Bruce Schneier and Nathan E Sanders ⊕
found
a story from The Guardian ⚠️ › International
From space to telecommunications, the US has a long history of fostering technology for the public good. These AI models could be aligned to democratic values, not corporate profits
OpenAI, and then A…
AI was supposed to destroy jobs. Where’s the carnage? ⊖
The AI jobs apocalypse never showed up. Still, jobs are changing and economists expect more to come.
The prediction was stark: artificial intelligence advancements would wipe out jobs en masse. “Half”…
Taiwan’s Foxconn reports 35 percent rise in profit on AI demand ⊕⊕
World's largest contract electronics maker forecasts strong growth in 2026 amid AI boom.
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