US software shares tumbled on Thursday as fears over disruptions from advances in AI returned to the forefront following a recent update from Anthropic. Investors have dumped the sector’s stocks this year on worries that AI tools that are capable of automating human tasks could pose an existential threat to the industry. The broader S&P…
Nvidia CEO Jensen Huang. Steve Marcus/Reuters Nvidia CEO Jensen Huang has dismissed fears that AI will replace software and related tools, calling the idea “illogical”, after a significant selloff in global software stocks on Tuesday. The selloff, partly sparked by AI developer Anthropic’s updated chatbot release last week that heightened fears of AI-driven disruption in…
Perhaps it was only appropriate that an NBA postseason no one would have predicted could not end without yet another plot twist. Despite star point guard Tyrese Haliburton playing with a calf injury, the Indiana Pacers staved off elimination Thursday to win Game 6 of the NBA Finals, 108-91, and push the best-of-seven series against…
