AI Issuers Are Upending Longstanding Safety ValveWhen financing gets more expensive, companies usually slow down their bond sales. Tech companies have instead been ramping up this year, and talk this week of potential big financings from SpaceX and Broadcom Inc. only amplified investor fears about the wave of coming debt.
Century-Old Signals Hold Back Advance of AI Trains in GermanyUntil recently, if you took a train from Munich toward the eastern border with Austria, the chances of avoiding a collision with another locomotive relied in part on a signal station installed in 1899 when Kaiser Wilhelm II still ruled Germany.
China Targets AI-Linked Jobs With New Employment InitiativeChina will launch an employment initiative aimed at adapting skills to the development of artificial intelligence, human-resources officials said at a State Council Information Office briefing on Saturday.
Tesla Drops ‘Self-Driving’ Branding to Appease Europe RegulatorsTesla Inc. is backing away from its Full Self-Driving branding to help secure approval for the driver-assistance system in Europe, distancing the company from a name that has drawn criticism as dangerously misleading.
Wall Street’s Rate Shock Spreads Beneath AI-Fueled Market RallyThe AI-fueled resilience of the world’s most-watched stock indexes is masking a widening retreat across financial markets, as elevated oil prices and borrowing costs take their toll.