Author: Advanced AI Bot

During a recent investor call, Elon Musk reportedly hinted at a major valuation adjustment for his artificial intelligence startup, with the Tesla and SpaceX CEO stating that he was looking to put a “proper value” on xAI. The report was initially shared by CNBC’s David Faber during a segment on the Faber Report. Investor Call Sparks Speculation Citing sources who were reportedly involved in the call, Faber noted that while Musk did not specifically state that he was looking to initiate another funding round, his comments about a “proper valuation” for xAI were interpreted by Faber’s sources that xAI may…

In This StoryStock futures were roaring into the green Wednesday after President Trump pulled back from threats to fire Fed Chair Jerome Powell — the latest twist in a week of market-moving chaos. With Powell’s job seemingly safe for now, investors are riding a wave of relief into a jam-packed day of earnings and economic data.How Trump’s tariffs could make your iPhone cost $3,500Here are key companies and news items to watch on Wednesday. Musk pivots, Tesla ralliesTesla (TSLA+1.13%) missed Q1 earnings estimates — revenue fell 9% to $19.3 billion, net income dropped 71% — but shares are still up 7%…

arXiv:2504.16032v1 Announce Type: cross Abstract: The rapid expansion of IoT ecosystems introduces severe challenges in scalability, security, and real-time decision-making. Traditional centralized architectures struggle with latency, privacy concerns, and excessive resource consumption, making them unsuitable for modern large-scale IoT deployments. This paper presents a novel Federated Learning-driven Large Language Model (FL-LLM) framework, designed to enhance IoT system intelligence while ensuring data privacy and computational efficiency. The framework integrates Generative IoT (GIoT) models with a Gradient Sensing Federated Strategy (GSFS), dynamically optimizing model updates based on real-time network conditions. By leveraging a hybrid edge-cloud processing architecture, our approach balances intelligence, scalability,…

Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Continuing to expand its merchandise assortment, Target is launching an exclusive collection of products with home brand Parachute, according to a Wednesday blog post from the retailer. The collection — called Parachute for Target — launches online and in nearly 90 stores on Sunday, featuring over 200 bedding and bath linens.  The collection’s pricing ranges from $12 to $199, with most items under $90, per Target. Parachute’s products tend to be higher priced, with a range roughly from $19 for…

International Business Machines Corporation IBM will release earnings results for the first quarter, after the closing bell on Wednesday, April 22. Analysts expect the Armonk, New York-based company to report quarterly earnings at $1.43 per share, down from $1.68 per share in the year-ago period. IBM projects to report quarterly revenue at $14.39 billion, compared to $14.46 billion a year earlier, according to data from Benzinga Pro. IBM, earlier during the month, launched its latest mainframe, the IBM z17. The system blends powerful artificial intelligence features across hardware and software to enhance business operations on a large scale. IBM shares…

Listen to the article 4 min This audio is auto-generated. Please let us know if you have feedback. Tariffs, already a challenge to the retail sector and U.S. economy more broadly, could scuttle plans to take Nordstrom private and return a majority stake to the founding family, according to research Tuesday from William Blair analysts Dylan Carden and Anna Linscott. This outcome at Nordstrom isn’t likely at the moment, but the risk is more than zero and could grow as long as tariffs linger, the analysts said. The speculation reflects the far-reaching and perhaps unintended consequences of a trade policy…

Researchers from Stanford University early today published the latest edition of their annual AI Index Report, detailing the growing influence of artificial intelligence technologies on our society and the global economy. The Stanford Institute for Human-Centered Artificial Intelligence, known as Stanford HAI, has been publishing its annual reports on the state of the AI industry since 2017. This year’s edition, the eighth, is the “most comprehensive” report to date, spanning more than 430 pages. The authors say it’s arriving at a critical juncture as the influence of AI across society rapidly accelerates with the emergence of increasingly capable and sophisticated…

With the rise of large language models and generative AI, researchers have spent the past few years figuring out how to apply that technology to robotics. For many, the answer is physical intelligence, the next major breakthrough for the robotics industry. At the 2025 Robotics Summit & Expo at the Boston Convention and Exhibition Center, MIT CSAIL Director Daniela Rus will give a keynote presentation on the topic. Physical Intelligence is achieved when the ability of artificial intelligence to understand text, images, signals, and other information enables physical machines such as robots to better interact with their environments, objects, and…

IBM is “reviewing the implications of these shifts in trade policy and evaluating any potential impact on our pricing,” a spokesperson said. Potential early tariff impacts. A new Z refresh cycle. And momentum in the Red Hat division and newly acquired HashiCorp one. These are just some of the subjects expected to come up when IBM reports first quarter earnings for its 2025 fiscal year Wednesday. The quarter covers the three months ended March 31. One of the most likely subjects of discussion Wednesday is the behavior of IBM customers amid global tariffs. Analysts will likely come with questions on…

Massachusetts Institute of Technology astronomers have discovered a planet roughly 140 light-years from Earth — but it’s quickly disintegrating.The planet, which scientists have tagged as BD+05 4868 Ab, is located so close to the sun that it completes a full orbit every 30.5 hours, according to MIT News. As a result, it’s likely covered in magma, causing the planet to evaporate and shed the equivalent of one Mount Everest’s worth of surface materials during every orbit. The astronomers estimate the planet may disintegrate fully within the next 1 to 2 million years.Debris trails behind the planet in a comet-like fashion,…