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OpenAI to discontinue support for Sora AI video generator – The Mercury News

Today's e-EditionGet Morning Report and other email newsletters Get Morning Report and other email newslettersToday's e-Edition Trending: By Rachel Metz, BloombergOpenAI plans to discontinue its Sora AI video generator six months after the high-profile launch of a standalone app for the service, as the company works to simplify its portfolio of artificial intelligence products.The ChatGPT...

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AI Stocks Lead Tech Sector Slide. 'Summer Swoon Has Arrived.' – Investor's Business Daily

BREAKING: Futures Rise On Latest U.S.-Iran NewsAI stocks led a tech sector retreat Tuesday after an early rally fizzled. The tech-heavy Nasdaq composite fell 1%, paring steeper losses from earlier in the session but also retreating from gains in morning trades. The index fell by 4% on Friday. Artificial intelligence powerhouses like Nvidia, AMD, Amazon...

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BIS Warns That AI Spending May Not Be Sustainable – PYMNTS.com

The Bank for International Settlements (BIS) is warning artificial intelligence optimism could be a short-lived phenomenon. Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from...