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The US Navy’s top admiral sees laser weapons as a strategic answer to the cost challenge of combating cheap drones.The Navy has been looking to laser and directed-energy weapons as a potentially cheaper means of neutralizing uncrewed systems, preserving limited and much more expensive interceptor missiles for higher-end threats. Laser…
Netflix is shaking up its ads leadership.Jon Whitticom, a prominent Netflix exec who helped build the streamer’s advertising business, is leaving the organization, according to a memo viewed by Business Insider.Advertising president Amy Reinhard shared the news with staff last week, saying she had “decided to part ways” with Whitticom.…
Some student-loan borrowers are losing credits toward a key loan forgiveness program.The Department of Education confirmed that it is adjusting its count of completed payments downwards for some borrowers pursuing Public Service Loan Forgiveness, which forgives student debt for government and nonprofit workers after 10 years of qualifying payments.This means…
I’ve flown United Airlines across the Atlantic at least a dozen times for my job, and it’s always been hit-or-miss.Much of that comes down to the aircraft type: Some of United’s older planes, like its Boeing long-haul 767s and 777s, still have dated cabins and older technology.But amid booming premium…
AMD says it has a major advantage in the AI chip race against Nvidia: being more open.AMD has long promoted this strategy through its open-source ROCm software, used to program AI chips. Since ROCm is available as open source, it’s free for anyone to use, download, or modify. On the…
JPMorgan has some new answers to the multibillion-dollar question of who’s in charge of AI at the bank.The firm’s AI chief, Teresa Heitsenrether, announced her retirement earlier this month after four decades at the bank, reshuffling the technology leadership. It’s more than just job titles shifting around — JPMorgan said…
Elon Musk sat down with The Economist’s editor in chief Zanny Minton Beddoes on Thursday for a wide-ranging interview, covering everything from superintelligent AI to his controversial stint in government.Musk, the world’s richest person, is the CEO of Tesla and SpaceX and owns the social media platform X, where he…
