Author: IQ TIMES MEDIA

First, they had lift-off; now, they’re coming back to Earth with a bump.SpaceX shares dropped for a third consecutive trading day on Monday, extending a pullback after the Elon Musk-led company’s mega IPO earlier this month.The company’s stock price was down more than 5% shortly after the market opened on Monday, dropping $10 to $175 per share. It then continued to drop, hovering at around $165 per share — a roughly 10% fall — by late morning.Across last Wednesday and Thursday, SpaceX dropped more than 8% ahead of US markets closing Friday for the Juneteenth holiday.The sell-off follows a meteoric…

This as-told-to essay is based on a conversation with Aashna Doshi, a 23-year-old former Google software engineer based in New York City. The following has been edited for length and clarity.I took a big risk to get my Google job. Now I’m taking another one by leaving it.Around February 2024, months before graduating from Georgia Tech, I received a full-time job offer from Google.But there was one problem: The offer was for an engineering role based in California, and I really wanted to work in New York City.In a tech job market that had become more challenging for many of…

The release of GPT-3 solidified OpenAI’s standing, but behind the scenes, tensions were rising.The rifts began when Amodei successfully lobbied to keep Greg Brockman, an OpenAI cofounder, off the team that developed GPT-3, according to Keach Hagey’s biography of Altman, “The Optimist: Sam Altman, OpenAI, and the Race to Invent the Future.”Hagey wrote that Amodei’s stunning power within OpenAI had started to ruffle feathers. Differences continued to escalate over Amodei’s long-held views on safety, Hagey wrote, especially regarding slowing the pace of updates to prevent malicious uses of the AI models.Amodei told friends that he “felt psychologically abused by Altman,”…

Coding is famously a solitary job. AI agents have only made it worse.Fiona Fung, an engineering leader at Anthropic who runs the teams behind Claude Code and Claude Cowork, said her team noticed that as engineers relied more on AI agents, they became more isolated.”The thing that we found interesting on the Claude Code team is, after a while, we felt it could start being a lonely experience because we all started just working with our agents so much,” Fung said on the latest episode of “Lenny’s Podcast.”To address the problem, Fung’s team tried to restore some of what agentic…

Tools for Humanity, Sam Altman’s eyeball-scanning startup, hired two law firms last year to investigate allegations of financial irregularities at the company and bribery of foreign officials in Thailand, people familiar with the investigations told Business Insider.One of the probes, Business Insider has learned, looked into Tools for Humanity’s rollout in Thailand with a company linked to a South African businessman whom U.S. and Thai officials have accused of involvement in transnational cyber-fraud scams.The other investigation reviewed concerns including allegations that senior company leaders approved six- and seven-figure payments to a foreign firm to boost the value of the Worldcoin…

When OpenAI and Anthropic hit the public markets, a whole lot of employees are going to become gobsmackingly rich. That means it’s time for some high-stakes financial planning.Both AI labs recently filed initial paperwork to go public, preparing to turn their nearly $1 trillion in private valuations into stock-market windfalls. For employees, life-changing money is on its way.The workers behind Claude and ChatGPT have major decisions to make. When should they sell their shares? Is it a good time to shell out for a multimillion-dollar house in San Francisco? What’s the right way to donate to charity?When these workers aren’t getting advice from…

LOS ANGELES (AP) — The superintendent of Los Angeles public schools has resigned four months after he was put on paid leave during a federal investigation, saying he wants students to learn “without distraction.”Alberto Carvalho’s resignation letter dated Sunday made no direct mention of the Feb. 25 search of his home and the LA Unified School District’s headquarters. Two days after the FBI served the search warrants, the district’s Board of Education voted unanimously to place Carvalho on leave pending the outcome of the investigation.Authorities have not provided details of the nature of the investigation involving the district, which serves…

A new AI model from China is generating the kind of buzz not seen since DeepSeek’s R1 announced China as a serious threat to American chatbot hegemony over a year ago.Silicon Valley’s online echo chamber has been alight with intrigue in recent days over z.AI’s new open-source model. Called GLM 5.2, it’s a large language model designed for running long coding tasks and agentic workflows.The company says it operates on a 1 million token context window, which would put it in the same league as Anthropic’s Claude Opus 4.8 and OpenAI’s GPT 5.5.”Genuinely impressed, almost shocked, at how good GLM-5.2…

The toys are back in town.Disney and Pixar’s “Toy Story 5” has dominated the worldwide box office since its theatrical debut on Friday. The film, directed by Andrew Stanton and Kenna Harris, grossed an estimated $160 million domestically and another $152 million internationally.The initial domestic box office numbers surpassed Universal Pictures’ “Super Mario Galaxy Movie,” which earned $131 million when it opened in April. “Toy Story 5” has also topped the franchise, surpassing the $120 million “Toy Story 4” earned during its opening weekend in 2019.In total, “Toy Story 5” has so far amassed an estimated $312 million globally. Disney…

Anthropic recently took its two newest AI models offline due to an export control order from the Trump administration, prompting broad debates about AI policy and digital sovereignty. On the latest episode of TechCrunch’s Equity podcast, Sean O’Kane, Rebecca Bellan, and I discussed what actually prompted the administration’s moves against Anthropic, and what this might mean for the broader AI ecosystem. As Sean put it, “Anthropic has not had the best relationship with the Trump administration in a way that stands apart from the other leading AI labs,” so perhaps other Anthropic’s rivals don’t need to worry about a similar…