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Ukraine says AI is moving beyond drones and into strike missiles for the first time
Ukraine is developing strike missiles augmented by artificial intelligence, a first and a significant step as its offensive weapons become increasingly autonomous. Brave1, the Ukrainian state-backed innovation platform, confirmed to Business Insider that multiple companies involved in this…
Retiring at 65 With $1.6 Million in a 401(k)? Your Biggest Tax Problem May Be Just 10 Years Away
Retiring at 65 with $1.6 million in a 401(k) could set you up for a much larger tax bill 10 years later. As the account continues to grow, RMDs may eventually force sizable taxable withdrawals, potentially pushing more of your retirement income into higher tax brackets. Why Your $1.6 Million 401(k)…
Student-loan borrowers risk being forced into the most expensive repayment plan if they don’t take action this month
The clock is ticking for some student-loan borrowers to find a new repayment plan. September 29 is the first deadline for certain borrowers to transition off the SAVE plan, a Biden-era income-driven plan that gave borrowers cheaper monthly payments and a shorter timeline to debt relief. If…
The US Army is betting on new AI navigation for its vehicles when GPS is jammed
In future wars, US forces could find themselves fighting against enemy electronic warfare and jamming. The lack of GPS and network connectivity could impact everything from navigation to communications. The challenge is forcing leaders to assess potential vulnerabilities and determine how they need…
Subscription Spending Is Rising Despite Cost Worries
Subscription spending is on the rise as more consumers are utilizing entertainment and retail services, a new analysis shows. Bank of America Institute economists analyzed aggregate credit and debit card spending data from 70 million consumer and small-business accounts to find that subscription…
The billionaire bankrolling San Francisco’s surveillance push is getting pushback over Flock — from his Gen Z son
Not even a billionaire can escape the brewing backlash against Flock Safety. Chris Larsen, the crypto billionaire and Ripple cofounder who helped fund the expansion of surveillance tools in San Francisco to help address crime, said he’s getting flak at home over his backing of the tech. On an…
The Boring Company raises $3 billion as demand for Musk Inc booms
Investors can’t get enough of Elon Musk Inc. The Boring Company, the tunneling company Musk founded with the aim of “defeating traffic,” announced on Thursday it had raised $3 billion in a funding round that values the startup at $23 billion. It’s the latest major injection of cash into Musk’s…
Medicare’s Drug Deductible Jumps to $700 in 2027 — and the Subsidy Holding Down Your Premium Is Gone
If you buy a stand-alone Medicare drug plan, two things are about to happen to you at once. The most you can be charged before coverage kicks in is going up. And a federal subsidy that’s been holding down your premium for two years is disappearing. Neither one made the evening news. Both will show
Will Apple convince people to actually buy a foldable phone?
The foldable iPhone is here. It still faces a big question: Will shoppers pay $1,999 (and as much as $3,199) for one? Apple unveiled the long-awaited iPhone Duo on Wednesday during its “Surprise and Shine” event. The book-style foldable opens to a 7.6-inch inner display and has a 5.4-inch outer…
One of McKinsey’s top AI leaders explains how it’s stopping staff from overspending on tokens
Consulting firms moved quickly to make AI part of employees’ working lives. Now they are confronting the cost of using it at scale. One of McKinsey’s strategies for managing rising costs isn’t to cap consultants’ use of AI but to let them know when they’re using too much. The firm tracks…