Reports: China hacked Verizon and AT&T, may have accessed US wiretap systems
Chinese hackers were in networks of major ISPs “for months,” WSJ reports.
Tech
Form Energy raises $405M for its 100-hour iron-air batteries
The long-duration energy storage startup has raised a total of $1.2 billion. Form is expanding its West Virginia factory and working on its first…
Why Really Tiny Nuclear Reactors Are Bringing In Big Money
Last Energy just raised a $40 million Series B.
The Generative-AI Revolution May Be a Bubble
Tech firms have been spending historic amounts of money on AI—but will it pay off?
Why have the big seven tech companies been hit by AI boom doubts?
Their shares have fallen 11.8% from last month’s peak but more AI breakthroughs may reassure investors
Dario Maisto, a senior analyst at Forrester, says a lack of economically beneficial uses for generative AI is hampering the investment case.“There is still an issue of translating this technology into real, tangible economic benefit,” he said.