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The Business Times

Parmy Olson

Major European firms have urged European Commission president Ursula von der Leyen to "stop the clock" on the AI act over rules they call "unclear, overlapping and increasingly complex".

Europe’s AI law needs a smart pause, not a full stop

In the short term, businesses can outsource entry-level work to AI and cut costs; but that means missing out on capturing AI-native talent, says the writer.
THE BOTTOM LINE

College grads are lab rats in the Great AI Experiment

Even before the last two years of AI hype that fueled bubbly tech valuations, Silicon Valley had a zombie unicorn problem: Many startups that attained unicorn status by getting a valuation of US$1 billion or more had dwindling prospects and little hope of justifying their status.
THE BOTTOM LINE

Tech’s ‘zombie unicorns’ reach the end of the road

Two years after capturing the public’s imagination, it seems that ChatGPT’s main legacy has been in padding the finances of tech’s biggest players.

ChatGPT’s US$8t birthday gift to Big Tech

The "unicorn" label on tech investments has spun out of control, with startups sometimes resorting to desperate measures to achieve that status as quickly as possible.

Unicorns ruled for a decade, but tech needs a new beast now

FILE PHOTO: ChatGPT logo is seen in this illustration taken, March 11, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
THE BOTTOM LINE

Making ChatGPT ‘sexy’ might not end well for humans

Grocery-delivery service Instacart has deleted the bizarre image of “cheddar and cream cheese sauce for mac and cheese” and other recipes that don’t (or probably shouldn’t) exist.
THE BOTTOM LINE

Don’t believe what you see in the age of AI ads

The US$2 billion penalty against Apple marks the end of an old, clunky era

Apple’s 1.8 billion euro fine heralds a new antitrust dawn

Musk sues OpenAI and its chief executive Sam Altman (above) for allegedly breaking their founding agreement

Elon Musk is right about OpenAI’s hypocrisy

Pricey chips : The costs of doing business are too high for AI startups to survive on their own.

Google, Microsoft will dominate AI as computing costs surge

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MDDI (P) 046/10/2024. Published by SPH Media Limited, Co. Regn. No. 202120748H. Copyright © 2025 SPH Media Limited. All rights reserved.

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