Geoffrey Hinton, often referred to as the “Godfather of AI,” has expressed his backing for Elon Musk's ongoing lawsuit against OpenAI over the company's controversial transition from a non-profit research organization to a for-profit entity. Hinton, a Nobel laureate and AI pioneer, criticized OpenAI's move to abandon its non-profit status, a decision that has sparked significant concern within the AI community, including among OpenAI's co-founders, such as Musk.
PJM, the largest power grid operator in the U.S., faces increasing scrutiny as it struggles to balance growing energy demands with the transition to renewable resources. The organization manages the flow of power across 13 states and Washington D.C., but critics argue that outdated systems and slow project approvals are driving up costs for consumers.
President-elect Donald Trump made a pointed remark about the Walt Disney Company during a recent event at Mar-a-Lago, where former Marvel Entertainment boss and billionaire Ike Perlmutter was in attendance. "The guy went from stone-cold broke to owning Disney," Trump told the crowd, referring to Perlmutter. "Then he got out of Disney because they went woke. He didn’t want woke Donald Duck."
Mass deportations proposed by President-elect Donald Trump could deliver a significant blow to Mexico’s economy, warns Ismael Plascencia López, a specialist with the Northwest Mexico Federation of Economists.
A lucky Mega Millions player in California will be ringing in the New Year as a billionaire after winning an estimated $1.22 billion jackpot in Friday night's drawing.
American credit card defaults have surged to the highest levels since the aftermath of the 2008 financial crisis, as consumers continue to grapple with years of high inflation. In the first three quarters of 2024, credit card lenders wrote off $46 billion in delinquent loan balances, marking a 50 percent increase from the same period last year. These write-offs, considered a highly monitored measure of loan distress, are the highest since 2010, according to industry data gathered by BankRegData.
