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Why ChatGPT Is Getting Dumber at Basic Math
Artificial-intelligence chatbots have stoked fears they could spin out of control, but they also suffer from a type of deterioration called ‘drift.’ Source link
Israeli AI Startup Vesttoo Sparks a Global Insurance Scandal
The Tel Aviv-based firm is embroiled in an alleged multibillion-dollar fraud involving faked letters of credit, and may fire its founders. Source link
Amazon Shines During Apple's Off-Season
One tech titan snaps its growth slump, while the other remains mired in it. Source link
Inflation Is Cooling. Food Inflation Could Get Worse.
Food prices have been rising rapidly for longer than central bankers had expected, and recent setbacks may prolong the agony. Source link
American Travelers Are Shunning U.S. for Europe
Domestic ticket fares are falling as travelers favor longer trips abroad. Source link
Private-Equity Firm KKR in Advanced Talks to Buy Simon & Schuster for Roughly $1.65 Billion
Book publisher was put up for sale for the second time after a judge blocked a previous deal with Penguin Random House. Source link
UAW Demands 40% Pay Hike in Labor Talks With Detroit Automakers
The United Auto Workers union is pressing for the substantial wage increase for factory workers at GM, Ford and Stellantis. Source link
Trading Card Wars Escalate With Antitrust Lawsuit Against Fanatics
Panini, the collectibles company that produces NFL and NBA cards, is suing Fanatics over its dramatic takeover of the industry. Source link
Amazon Delivers Surprisingly Strong Profit
The earnings report shows strong growth in consumer e-commerce, balancing out a continued slowdown in cloud-computing sales. Source link