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Union Pacific reports 7% higher profits as its CEO makes the case for Norfolk Southern merger

Union Pacific reports 7% higher profits as its CEO makes the case for Norfolk Southern merger

By JOSH FUNK

OMAHA, Neb. (AP) — Union Pacific delivered 7% growth in its third-quarter earnings Thursday as its CEO continues to make the case for the potential benefits of acquiring one of the railroad’s eastern rivals.

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The Omaha, Nebraska-based railroad said it earned $1.79 billion, or $3.01 per share, in the quarter. That’s up from $1.67 billion, or $2.75 per share, a year ago. And without $41 million in merger costs the railroad would have made $3.08 per share but either number would have beat the Wall Street estimates of $2.97 per share. read more

Microsoft hopes Mico succeeds where Clippy failed as tech companies warily imbue AI with personality

Microsoft hopes Mico succeeds where Clippy failed as tech companies warily imbue AI with personality

By MATT O’BRIEN, AP Technology Writer

Clippy, the animated paper clip that annoyed Microsoft Office users nearly three decades ago, might have just been ahead of its time.

Microsoft introduced a new artificial intelligence character called Mico (pronounced MEE’koh) on Thursday, a blob-shaped cartoon face that will embody the software giant’s Copilot virtual assistant and marks the latest attempt by tech companies to imbue their AI chatbots with more of a personality.

Copilot’s cute new emoji-like exterior comes as AI developers face a crossroads in how they present their increasingly capable chatbots to consumers without causing harm or backlash. Some have opted for faceless symbols, others are selling flirtatious, human-like avatars and Microsoft is looking for a middle ground that’s friendly without being obsequious.

“When you talk about something sad, you can see Mico’s face change. You can see it dance around and move as it gets excited with you,” said Jacob Andreou, corporate vice president of product and growth for Microsoft AI, in an interview with The Associated Press. “It’s in this effort of really landing this AI companion that you can really feel.” read more

Prince Harry, Meghan join Steve Bannon, Glenn Beck in call for ban on development of AI ‘superintelligence’

Prince Harry, Meghan join Steve Bannon, Glenn Beck in call for ban on development of AI ‘superintelligence’

By MATT O’BRIEN

Prince Harry and his wife Meghan have joined prominent computer scientists, economists, artists, evangelical Christian leaders and American conservative commentators Steve Bannon and Glenn Beck to call for a ban on AI “superintelligence” that threatens humanity.

The letter, released Wednesday by a politically and geographically diverse group of public figures, is squarely aimed at tech giants like Google, OpenAI and Meta Platforms that are racing each other to build a form of artificial intelligence designed to surpass humans at many tasks.

The letter calls for a ban unless some conditions are met

The 30-word statement says:

“We call for a prohibition on the development of superintelligence, not lifted before there is broad scientific consensus that it will be done safely and controllably, and strong public buy-in.”

In a preamble, the letter notes that AI tools may bring health and prosperity, but alongside those tools, “many leading AI companies have the stated goal of building superintelligence in the coming decade that can significantly outperform all humans on essentially all cognitive tasks. This has raised concerns, ranging from human economic obsolescence and disempowerment, losses of freedom, civil liberties, dignity, and control, to national security risks and even potential human extinction.” read more

North Korea has stolen billions in cryptocurrency and tech firm salaries, report says

North Korea has stolen billions in cryptocurrency and tech firm salaries, report says

By DAVID KLEPPER

WASHINGTON (AP) — North Korean hackers have pilfered billions of dollars by breaking into cryptocurrency exchanges and creating fake identities to get remote tech jobs at foreign companies, according to an international report on North Korea’s cyber capabilities.

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Officials in Pyongyang orchestrated the clandestine work to finance research and development of nuclear arms, the authors of the 138-page report found. The review was published by the Multilateral Sanctions Monitoring Team, a group that includes the U.S. and 10 allies and was set up last year to observe North Korea’s compliance with U.N. sanctions. read more

Meta cutting 600 AI jobs even as it continues to hire more for its superintelligence lab

Meta cutting 600 AI jobs even as it continues to hire more for its superintelligence lab

MENLO PARK, Calif. (AP) — Meta Platforms is cutting roughly 600 artificial intelligence jobs even as it continues to hire more workers for its superintelligence lab, the company confirmed on Wednesday.

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Axios first reported the cuts, which will affect Meta’s Fundamental AI Research, or FAIR unit, as well as product-related AI and AI infrastructure units.

Its newer TBD Lab unit won’t be affected. Citing a memo sent to workers by chief AI officer Alexandr Wang, Axios said the company is encouraging employees affected to apply for other jobs at Meta, with most expected to find other roles. The Menlo Park, California-based company is also still recruiting and hiring for TBD Lab, which is developing Meta’s latest large language models. Large language models are the technology behind OpenAI’s ChatGPT, Google’s Gemini — and Meta’s Llama. read more