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Billionaire investor Dan Loeb dismisses AI bubble talk: ‘We’re barely scratching the surface’

Dan Loeb is the billionaire founder of Third Point.REUTERS/Brendan McDermidThe AI boom is "very different from the dot-com bubble," Dan Loeb says.The hedge-fund billionaire pointed to Big Tech companies' healthy profits and cash generation.He touted Claude-maker Anthropic's rapid growth, and the popularity and usefulness of its models.Dan Loeb says the AI boom is a far …

Wayve is launching an AI lab to look beyond self-driving cars

Wayve develops self-driving software for other companies.Bloomberg/Getty ImagesAutonomous-vehicle software startup Wayve is creating an AI lab focused on embodied intelligence.The UK-based company wants to apply self-driving lessons to other robots.Wayve plans to recruit "top-tier AI research talent" to the lab.The British autonomous-vehicle software startup Wayve is bringing together a dream team of "top-tier AI research …

Russia is arming attack drones with new electronic defenses to fight off Ukrainian interceptors

Russia is arming Shaheds with electronic warfare to make them more survivable against Ukrainian interceptor drones.Pierre Crom/Getty ImagesRussia is arming its Shahed attack drones with new electronic warfare technology.The intent is to fend off Kyiv's interceptor drones, a top Ukrainian defense official said.The interceptor drones are becoming an increasingly important pillar of Ukraine's air defense.KYIV, …

Wellness influencers love creating problems they can profit from

Peter Blottman Photography/Getty ImagesThis post originally appeared in the Business Insider Today newsletter.You can sign up for Business Insider's daily newsletter here.Problems aren't a problem when you're an influencer selling a supplement. They're profit.The wellness industry loves a good ailment it can heal. These days, public enemy No. 1 is cortisol.From middle-of-the-night wake-ups to extra-puffy …

New Hampshire data center developer withdraws plans hours before opponents were to pack town meeting

Plans for the proposed data center in Nottingham, New Hampshire, included repurposing existing structures and developing a 4-acre building.Nottingham City Planning ApplicationA data center proposal in New Hampshire was withdrawn amid backlash over environmental concerns.Residents of Nottingham cited noise and water pollution concerns.Developer Thomasom Moulton, who said he got death threats, plans to reassess the …

Google’s new app icons are getting the meme treatment

Google revamped its Workspace app icons.GoogleGoogle revamped the icons for Gmail and other apps, inspiring a flurry of memes.Jokes about leather jackets and Doc Martens ensued as the conversation took a hilarious turn.Alphabet CEO Sundar Pichai responded to one that used a pair of shorts to represent YouTube Shorts.People are submitting their own designs for …