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Senior South Korean policymakers propose distributing “citizen dividends” to all citizens from the excess profits of the AI industry.

Senior South Korean policymakers propose distributing “citizen dividends” to all citizens from the excess profits of the AI industry.

``` Kim Yong-beom, Chief of the Policy Office at the South Korean Presidential Office, proposed considering the establishment of a so-called "citizen dividend," with the source of funds being the excess profits generated by the artificial intelligence (AI) industry. "The gains from the era of artificial intelligence infrastructure

"‘Quantum Nvidia’ Rigetti’s first-quarter revenue tripled, but losses widened—how much longer until quantum computing becomes commercialized?"

"‘Quantum Nvidia’ Rigetti’s first-quarter revenue tripled, but losses widened—how much longer until quantum computing becomes commercialized?"

``` Revenue tripled, but the "Quantum Nvidia" Rigetti's stock price fell after hours. On May 11, quantum computing company Rigetti Computing released its Q1 2026 financial report after US market hours. In terms of revenue, Rigetti's Q1 revenue reached $4.4 million, tripling year-over-year, surpassing

Investing in the New Era of AI! Microsoft’s Stake in OpenAI Sees a “Paper Gain” of $122 Billion

Investing in the New Era of AI! Microsoft’s Stake in OpenAI Sees a “Paper Gain” of $122 Billion

``` Microsoft’s early bet on OpenAI is turning into a historic return that is reshaping the technology landscape. On May 12, according to Bloomberg, Microsoft’s internal planning documents show the company once set a target return of $92 billion on its OpenAI investment. These documents were publicly disclosed this

The major bottleneck for AI has always been TSMC.

The major bottleneck for AI has always been TSMC.

``` Tech giants are pouring money into acquiring AI chips, putting unprecedented pressure on global chip manufacturing capacity, and the biggest beneficiary of this supply crunch points to the same name—TSMC. Microsoft, Meta, Alphabet, and Amazon have planned combined capital expenditures of up to $725 billion this year, with most

Wall Street keeps pushing back its expected timing—are Fed rate cuts off the table this year?

Wall Street keeps pushing back its expected timing—are Fed rate cuts off the table this year?

``` Strong employment data and persistently rising inflation pressures are collectively prompting Wall Street’s major institutions to postpone their expectations for Federal Reserve rate cuts, with some institutions even delaying the anticipated first rate cut to 2027. Goldman Sachs and Bank of America both adjusted their forecasts last week, pushing

"Super bull" Ed Yardeni: The S&P will definitely break 8,000 by the end of the year, and break 10,000 in three years!

"Super bull" Ed Yardeni: The S&P will definitely break 8,000 by the end of the year, and break 10,000 in three years!

Strong corporate earnings are driving the S&P 500 index back to historic highs, with veteran Wall Street investment strategist Ed Yardeni sharply raising his forecasts for the U.S. stock market. He predicts the benchmark index will break through 8,000 points by year-end and reach the 10,

Google: First discovery of hackers using AI to develop "zero-day" exploit tools

Google: First discovery of hackers using AI to develop "zero-day" exploit tools

``` Google security researchers have discovered that a cybercriminal group has used artificial intelligence to generate a hacking tool, successfully identifying an unknown vulnerability in a widely-used system management software, and attempting to weaponize it. This is the first time Google has detected an attack using AI to generate a "