Bulls test 214.50 resistance as upside momentum improves

GBP/JPY trades with a positive bias on Monday as the British Pound (GBP) outperforms the Japanese Yen (JPY) amid improving market sentiment surrounding a potential US-Iran deal. At the time of writing, the cross is trading around 214.52, up 0.30% on the day.Optimism over a possible breakthrough in negotiations between…

Nvidia’s Jensen Huang says CEOs who blame AI for layoffs are giving a ‘lazy’ excuse

Nvidia CEO Jensen Huang criticized CEOs who blamed artificial intelligence for layoffs, calling the narrative “lazy.””I think the narrative that connects AI to job loss for many of the CEOs that are doing it, it is just too lazy,” Huang told Singapore broadcaster Channel NewsAsia in an interview on Monday.”AI has just arrived. 
How is it possible they’re already losing jobs?” he asked.Huang said it “doesn’t make any sense” for companies to link layoffs to…

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Silicon Valley takes its AI pitch to Pope Leo

On a recent sunny spring day, Father Eric Salobir led a delegation through St. Peter’s Square, past the crowds and toward Pope Leo XIV.With him were representatives of Meta, Google, and Amazon, part of a small group gathered in Rome to discuss child protection in the age of artificial intelligence.…

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Bernie Sanders warns AI controlled by billionaires will replace workers

Sen. Bernie Sanders, I-Vt., warned Sunday that artificial intelligence (AI) and robotics could replace American workers and even damage children’s social development if the technology is controlled by billionaires prioritizing profits over people. Speaking at a “Fight Oligarchy” rally in Maine, the Vermont independent argued that AI could deepen economic…

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