Amazon’s CEO Andy Jassy stated in a recent memo to staff that as AI tools become more efficient, the company will likely reduce the number of traditional roles. He noted that fewer people will be needed for some current roles, while new types of jobs will open up in their place.
The influence of open-source technology is becoming more prominent in the development of AI, according to Linux Foundation executive director Jim Zemlin.
D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, has entered into a strategic partnership with Yonsei University and Incheon Metropolitan City designed to accelerate quantum computing adoption and commercialization in South Korea. The company announced the signing of a memorandum of understanding (“MOU”) on June 17, outlining plans for quantum computing research, education, and collaboration ( https://ibn.fm/0NaSv ).
As summer kicks off, the S&P 500 is flat, but still within 5% of an all-time high; however, without a clear catalyst, uncertainty is likely to weigh on growth
Residents in New Jersey are facing the possibility of a sharp increase in electricity costs starting June 1, with bills potentially jumping by as much as 20%. A major reason behind this projected spike is the rapid growth of data centers across the country.
D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, announced that it has signed a memorandum of understanding (MOU) with Yonsei University and Incheon Metropolitan City aimed at accelerating quantum computing adoption in South Korea. Supporting the region’s ambition to become a global quantum technology hub, the MOU outlines plans to work together on research, talent development, and use case exploration across biotechnology, materials science and other sectors. The MOU also facilitates the organizations’ collaborative efforts towards the acquisition of a D-Wave Advantage2 quantum system at the Yonsei University International Campus in Songdo, Yeonsu-gu, Incheon.
D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services, today announced that it has signed a memorandum of understanding (MOU) with Yonsei University and Incheon Metropolitan City, designed to accelerate the exploration, adoption and usage of quantum computing in South Korea.
D-Wave Quantum's latest at-the-market offering threatens to dilute the stock, but the company says it has funds to sustain itself through profitability.
On June 10 and 11, 2025, many users across the world were left without access to one of the most popular AI tools available today, ChatGPT. The outage, which lasted over 10 hours, caused frustration among individuals and businesses that rely on the chatbot daily. This disruption affected not just casual users, but also professionals, students, and developers who depend on OpenAI’s services for a wide range of tasks.
