Bolstered by gains on its investments in newly public companies Coupang and DoorDash, Softbank reported a net profit of $47 billion for the year ending in March. That was a dramatic reversal from the $9 billion loss it recorded in the previous fiscal year, when the stock market plunge and loss on WeWork dragged down its results. Much of the turnaround came from the Coupang IPO in early March,...
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The Weekend culture ai
Fear and Longing in the AI Wars
Hi, welcome to your Weekend! This is Abe filling in for Jon, who returns as Weekender-in-Chief next Saturday.If the cars, brain implants and spaceships don’t pan out, Elon Musk has a promising future as a fear-monger. His was the leading name attached to a widely discussed open letter published this week that urged a halt in artificial intelligence research, warning that AI poses “profound...
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