Daycare scandal deepens as unearthed video shows parents'pretending to drop kids off before they all leave just MINUTES later' Incredible Chinese military feat has chilling consequences for America and its allies as new'High North' threat emerges Everyone's getting sacked': An electrifying phone call, spiralling costs and a troubling'transition'... as Harry and Meghan's most loyal aide leaves, insiders tell ALISON BOSHOFF what's really going on behind the scenes I was told my weight gain, facial hair and fatigue were normal. Astronaut reveals depression after an'avalanche of misogyny' following Blue Origin all-female space flight The mob used Marilyn Monroe as bait to blackmail the Kennedys. And when it didn't work she was murdered... in the most obscene way George Clooney, wife Amal and their eight-year-old twins become French citizens despite the actor admitting he's'bad' at speaking the language Blonde-haired teenage girl reveals what she thinks of Elon Musk's'creepy' public lust for her CIA'carries out drone strike' on Venezuelan drug port in first US land attack inside the country I shed a staggering 100lbs WITHOUT Ozempic: How I conquered my'out of control' eating habits to transform my life with a simple change Grim details of how shark lover's body was identified after she was killed by one of the predators while swimming off California coast US strikes'terrorist boat' lurking in international waters as dramatic footage shows devastating moment of impact A Boy Scout vanished in the mountains then stumbled into a police station 12 years later. The tale gripped social media... but then the truth came out Inside the somber birthday of Rob Reiner's heartbroken daughter Romy: Pictured for first time since parents' murders... she seeks solace at the beach with boyfriend and family by her side Daycare accused of multimillion-dollar fraud shifts blame for'revealing' mistake above its front door... as kids are suddenly'trucked in' David Muir's stunning $7m lakeside retreat revealed... as locals in cozy town where ABC News star can be himself offer intriguing glimpses into his private life Why Dry January is a BAD idea: Expert warns the popular craze leads to a'binge or bust' approach to drinking READ MORE: Do you drink more or less than the national average? After one too many drinks on Wednesday night, many will wake up and swear off alcohol for the month.

The AI bubble is heading towards a burst but it won't be the end of AI Economists, bankers and even the boss of OpenAI are warning of a rapidly inflating AI bubble. If and when it bursts, what will happen to the technological breakthroughs of the past few years? The hundreds of billions of dollars being spent on AI seem to have inflated a global financial bubble that's now fit to burst, leaving companies and investors at risk of holding vast debt that cannot be serviced by the meagre revenue brought in by current AI services. But what does that mean for the future of the technology underpinning this financial feeding frenzy? In recent weeks, warnings of a potential AI bubble have come from the International Monetary Fund, the Bank of England, the head of the largest US bank, and even OpenAI boss Sam Altman .

Japanese artificial intelligence developer Alt, which revealed accounting irregularities recently, has filed for bankruptcy protection with the Tokyo District Court under the civil rehabilitation law. The court accepted the application, according to the Tokyo-based company's announcement Wednesday. Alt left debts totaling about 2.4 billion ( 16.1 million) and aims for its rehabilitation by finding a sponsor entity that will take over its operations. Alt's line of business includes a service to create meeting summaries using AI. The company went public on the Tokyo Stock Exchange's Growth section for startups in October 2024, 10 years after its establishment in 2014.

This week Meta held its first-ever AI dev conference, LlamaCon, focused on the development of its Llama generative AI model. But while there was plenty of hype, not much happened, besides the launch of the Meta AI app and a new Llama API. In this episode, Engadget Senior Reporter Karissa Bell joins us to talk about her thoughts on LlamaCon after attending in person. After just announcing its latest Llama models a few weeks ago, it was as if Meta didn't have much else to say. Meta's Muted LlamaCon: who was the AI dev conference really for? NPR report: DOGE employees may have access to U.S. nuclear secrets – 26:44

"Even if the AI boom turns out to be an AI bubble, the LLMs aren't going anywhere," the Guardian's UK technology editor, Alex Hern, tells Michael Safi. "Whether or not OpenAI goes bust, whether or not Google and Microsoft's valuations plummet back to the ground, there is this technology that was created. They may go bust, but that doesn't mean we're back to the world we were in in 2020, for good and for ill." Alex explains the numerous hurdles AI companies have faced in recent months, from the financial concerns to hardware shortages, from software limits to legal challenges. What do these issues mean for the potential of AI?

Will 2024 be a boom or a bust for big tech? By one estimate, there have been more than 7,500 layoffs in the sector since the start of the year – a dispersal of pink slips that many hoped would have ceased after the deep job cuts of 2023. However, as the US's big tech earnings season gets under way this week, some analysts are predicting strong numbers. This batch of quarterly financial results may show that the industry has cleared out its pandemic-era overhiring and reorganised itself around cloud computing and AI - necessitating cuts in sectors with less rosy prospects. Analysts keen on AI say we are at the start of a tech bull market.

"It might be the best time for any kind of business in any industry to raise money for all of history, like since the time of the ancient Egyptians," an excitable Stuart Butterfield, CEO of Slack, told Farhad Manjoo in The New York Times in 2015. While interest rates remained close to zero, venture capital funds raised more money than ever and exited their investments at some of the highest valuations ever witnessed. The glory days of VC are over, and if history is any guide, the tech bust should last through 2024 and beyond. In other words, the venture capital bust has only just started. Ultralow interest rates benefited venture capital in a number of ways.

A restaurant in a rural Oregon city couldn't find enough servers to stay fully staffed. So the owner hired a robot named Plato. She had no idea how much pushback she'd get from the community. ROCKY ROAD: A hyped AI-based restaurant opened to fanfare last month in San Francisco. 'INCREDIBLY POOR DECISION': Biden hands China big win with military AI deal, experts say.