Tag: boom

  • AI development in 2024 will set stage for ‘massive technology boom’: Bill Gates

    Billionaire philanthropist and former Microsoft CEO Bill Gates predicted a “massive technology boom” over the next decade as scientists continue to develop and fine-tune artificial intelligence (AI) in 2024. Gates wrote in his annual blog post that 2023 was the first year he used AI for “work and serious reasons,” noting the industry now has a better…

  • How $100 billion mining giant Rio Tinto is poised to benefit from the EV boom

    Copper mines like Rio Tinto’s Bingham Canyon mine on the outskirts of Salt Lake City are on the frontline of America’s transition to clean energy. Global demand for copper, a major component of electric vehicles, is expected to grow from 25 million metric tons to nearly 49 million metric tons by 2035, according to S&P…

  • Boom in AI prompts a test of copyright law

    The boom in artificial intelligence tools that draw on troves of content from across the internet has begun to test the bounds of copyright law. Authors and a leading photo agency have brought suit over the past year, contending that their intellectual property was illegally used to train AI systems, which can produce humanlike prose…