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Why Wall Street's most data-obsessed investors are taking it slowly with generative AI

Quant asset managers haven't adopted AI en masse yet. Michael M. Santiago/Getty Images A new Bloomberg survey of quant investors found that 54% of respondents do not use generative AI for investing. A...

9hBusiness InsidereconomicsImpact

It's shaping up to be the 'prove it' year for workers in Silicon Valley

Across tech, pressure on workers to perform comes as leaders wait for AI bets to pay off. Getty Images; Alyssa Powell/BI Big Tech firms like Amazon and Meta are doubling down on worker oversight and p...

Jan 15Business InsiderTechnologyImpact

Asus now claims it’s not dropping the RTX 5070 Ti amid memory shortages

The GPU market is turning into a mess again. Asus told Hardware Unboxed earlier this week that it was winding down production of its RTX 5070 Ti, but the PC maker is now walking back that claim and bl...

6dThe VergeTechnologyImpact

What a Sony and TCL partnership means for the future of TVs

I'm not sure anyone saw this news coming, but the TV landscape as we know it could change considerably over the next year or two. Sony, the storied Japanese TV brand, has announced that it has signed ...

1dThe VergeTechnologyImpact

Davos attendees are getting scammed by 'fake VIP passes' for the USA House

Scammers are selling fake VIP passes to the USA House. INA FASSBENDER / AFP via Getty Images Scammers are duping attendees of the World Economic Forum with fake VIP passes for the USA House. "Our ...

2dBusiness InsidercrimeImpact

Martin Luther King Jr. was talking about a universal basic income before it was cool

Martin Luther King Jr. fought for both racial and economic equality. Michael Ochs Archives/Getty Images Martin Luther King Jr. fought for both racial and economic equality during his life. He argued f...

3dBusiness InsidereconomicsImpact

The US claims it just strongarmed Taiwan into spending $250 billion on American chip manufacturing

The US just lowered Taiwan's tariffs in exchange for a massive domestic chipmaking promise, the Commerce Department announced on Thursday . Under the deal, tariffs on goods from Taiwan will decrease f...

Jan 15The VergePoliticsImpact

Asus Prime GeForce RTX 5070 Graphics Card Drops Below MSRP Today, But It Won't Last

The short-term outlook doesn't bode well for the GPU market. Hardware Unboxed recently announced that the GeForce RTX 5070 Ti graphics card may have just hit end-of-life status, since major board part...

Jan 15IGNTechnologyImpact

Chinese short-video giant Kuaishou taps global debt market with US dollar, yuan bonds

Chinese short-video platform Kuaishou Technology is pitching its debut offshore bond sale to professional investors, joining a wave of domestic tech companies raising funds in the global debt market. ...

Jan 14South China Morning PosteconomicsImpact

Jamie Dimon defends JPMorgan's tech spending to avoid getting 'left behind'

JPMorgan Chase CEO Jamie Dimon. Noam Galai/Getty Images Jamie Dimon defended JPMorgan's spending, especially on tech, during Tuesday's earnings call. He said the bank would stay ahead as it competes a...

Jan 13Business InsidereconomicsImpact

A fallen billionaire's bulletproof Mercedes sold at bankruptcy auction for $63,000. Here's how it went down.

Joe Buglewicz for BI Business Insider took a deep-dive look at the bankruptcy auction of an armor-plated Mercedes. The auction was entirely online, and people placed 115 bids without kicking the tires...

5dBusiness InsidereconomicsImpact

Asus says it’s dropping the RTX 5070 Ti as the memory shortage squeezes supply

On Thursday, Hardware Unboxed reported that Asus is winding down production of its RTX 5070 Ti, saying, Asus "explicitly told us this model is currently facing a supply shortage and, as such, they hav...

Jan 15The VergeTechnologyImpact

The gloves are off in the feud between Sam Altman and Elon Musk

OpenAI executives including CEO Sam Altman (left) published a blog post containing emails that suggest Elon Musk (right) believed the AI company should have attached itself to Tesla for funding. Getty...

2dBusiness InsiderTechnologyImpact

Inside Amazon's 'mind-blowing' plan to fix groceries and beat Walmart

Getty Images; Alyssa Powell/BI Amazon is playing catch-up to Walmart in groceries. Some of Amazon's new ideas mirror Walmart's strategies. Amazon plans to double down on its sub-same-day grocery deliv...

2dBusiness Insidereconomics

World leaders to gather at Davos as Trump reshapes global order

The annual gathering of political and business elites comes as Europe faces a crossroads over its relationship with Washington, its economic model and its security architecture....

4dEuronewsPoliticsImpact

Capitalism as we know it is having an identity crisis — and you're caught in the middle

Getty Images; Tyler Le/BI From Davos to Washington to America's high school classrooms, people are questioning the foundations of our economic system — and we at Business Insider are tracking wh...

12hBusiness InsidereconomicsImpact

I'm a designer, and Saks was my biggest customer. Now it owes me six figures, and I'm fighting to keep my business viable.

Fisayo Che, the founder of fashion brand Elisamama, counted on Saks for more than half of her business. The company's bankruptcy has left her questioning a yearslong partnership. Courtesy of Fisayo Ch...

12hBusiness InsidereconomicsImpact

Disney's sluggish stock threatens to dent CEO Bob Iger's legacy

Disney's stock is casting a shadow over CEO Bob Iger. Variety/Getty Images; Getty Images; Tyler Le/BI A sluggish Disney stock threatens to dent CEO Bob Iger's legacy. The stock is far below its all-ti...

6dBusiness InsidereconomicsImpact

China’s big people shortage just got bigger, and the risks are growing too

Adek Berry/Getty Images China's population declined for the fourth year in a row, reaching 1.405 billion. Falling birth rates and an aging population threaten China's economy and the global economy. G...

3dBusiness Insiderworld_newsImpact

Wall Streeters reveal their favorite AI tools and what they use them for

ANGELA WEISS / AFP via Getty Images Wall Street professionals say AI chatbots are not ready to replace core finance work. Finance leaders use AI for tasks such as summarizing books and presentations a...

12hBusiness InsiderTechnologyImpact
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