FOX Business Briefs 7/11
Indeed and Glassdoor to cut 1,300 jobs due to AI; Landlines are thriving in the business world; Pop-Tarts mascots heading to Ireland for CFB opening game.
Robots and artificial intelligence are transforming jobs from manufacturing to sports
Artificial intelligence is transforming industries — from boosting factory output to helping robot umpires make more accurate calls in baseball games.
Tesla vehicles to get Grok AI chatbot starting next week, Musk says
Billionaire Elon Musk announced that Grok, a generative artificial intelligence chatbot, will be available in Tesla vehicles starting next week "at the latest."
Artificial intelligence drives demand for electric grid update
Artificial intelligence usage is outpacing internet growth, creating electricity demands that require data centers to consume enormous amounts of power
Elon Musk's AI chatbot, Grok, goes on antisemitic tirade
Grok AI chatbot shared antisemitic content on X, referencing Hitler and conspiracy theories about Jews, prompting xAI to restrict its capabilities.
AI will allow small-cap companies to do more with less, expert says
Essex Investment Management CO-CEO Nancy Prial reveals the factors that are driving market breadth improvement on 'Making Money.'
Copper prices hit record high after Trump announces 50% import tariff
Copper futures rose dramatically following President Trump's plan for a 50% import tariff, pushing domestic prices to a 25% premium over global markets amid growing demand.
Meta is 'creating a superintelligence talent war,' tech expert says
Constellation Research founder R 'Ray' Wang weighs in on mixing business with politics, the impact on Elon Musk's companies following his announcement of a new political party and Meta's superintelligence hiring spree.
Tesla board needs 'ground rules' for Musk's political activism, analyst says
Tesla CEO Elon Musk's plan for a new political party prompted an analyst to recommend Tesla's board board create new "ground rules" to keep Musk focused on Tesla's future.
Trump's Energy Department warns Americans could face 800 hours of blackouts by 2030
The Energy Department released a report finding that blackouts could rise over the course of the decade as existing power sources are retired and are replaced by less reliable sources.
OpenAI's Sam Altman rebukes Democratic Party in scathing July 4 message
'The Big Money Show' panel discusses OpenAI CEO Sam Altman's takedown of Democrats in a critical Independence Day post.
OpenAI chief declares love for US while lamenting Democratic Party's radical turn against 'techno-capitalism'
OpenAI CEO Sam Altman declares pride in America while feeling "politically homeless" as Democrats shift away from his techno-capitalist values.
Gordon Chang warns China is 'making very fast gains' in 'real competition' over AI
Gatestone Institute senior fellow Gordon Chang weighs in on the U.S. easing chip curbs on China, the status of the trade truce, the A.I. race and President Donald Trump's remarks regarding sanctions on Iranian oil.
Tesla is building the operating system of physical AI, expert says
Futurum Group chief market strategist Shay Boloor discusses the importance of Fed rate cuts and the evolving A.I. story on 'Making Money.'
FOX Business Briefs 7/1
Stocks wrapped up first half of the year with fresh records; Renault to take $11 billion hit on its stake in Nissan; L'Oréal to acquire fast-growing professional haircare brand; Amazon on cusp of using more robots than humans in warehouses.
Nvidia insiders dump more than $1 billion in stock: report
Nvidia executives have offloaded over $1 billion in shares during the company's AI-driven stock surge, with CEO Jensen Huang's potential sales potentially worth $900 million this year.
What is AI inference and why is it important?
Futurum Group research director Ray Wang explains what AI inference is and more on 'Making Money.'
Trump reveals US' next move for trade partners
President Donald Trump shares his outlook for the economy, his plan for U.S. trade partners, tariff policy and bringing 'respect and dignity' back to America.
Tesla's newly launched robotaxi service experiences driving issues, traffic problems: report
Since Tesla's recent launch of its robotaxi service in Austin, videos have emerged showing driving problems including speeding, sudden braking and driving over a curb.
Salesforce boss reveals the stunning amount of work now handled by AI
Salesforce CEO Marc Benioff revealed the software company uses artificial intelligence technology to perform quite a bit of its work, telling Bloomberg it is "doing 30% to 50%."