Summary

  • The AI bubble may be about to burst as US tech stocks continue to slide and worries grow over the lack of Return On AI Investment (ROAI), according to a recent report by MIT.
  • It appears that the metaverse and AI bubble is bursting as Meta considers downsizing its AI division and Elon Musk’s AI-focused party faces difficulties.
  • The American Academy of Pediatrics has defied RFK Jr by releasing a new vaccination schedule for children and Nvidia is working on a more powerful chip to sell in China.
  • Other news includes the White House creating an account on TikTok, Google facing a €1bn EU fine over Android restrictions, and Tesla shares dropping due to concerns over production volume.

By Rhiannon Williams

Original Article