Artificial intelligence

Online Shopping Giants Bet On AI To Curb Clothes Returns

Up to 30% of fashion items bought on the internet are sent back, according to a late 2024 study by consulting firm McKinsey and the Business of Fashion website -- not least because "clients are buying several sizes or styles and returning most of them".

AI Feud: How Musk And Altman's Partnership Turned Toxic

Musk and Altman were among the 11-person team that founded OpenAI in 2015. Created as a counterweight to Google's dominance in artificial intelligence, the project got its initial funding from Musk, who invested $45 million to get it started.

World Leaders Seek Elusive AI Common Ground At Paris Summit

Hosted by French President Emmanuel Macron and Indian Prime Minister Narendra Modi, the gathering comes hours after Elon Musk reportedly put in a bid for star developer OpenAI, underscoring AI's potential to gather power into a single pair of hands.

Big Tech's AI Spending Rattles Markets

The mounting expenses of data-intensive artificial intelligence and its infrastructure have cast a shadow over this earnings season, with only Facebook owner Meta winning Wall Street's approval.

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