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According to The Information: ByteDance founder Zhang Yiming told employees at a meeting last month that the company will not use distillation technology to advance its artificial intelligence model capabilities, even if it means that the company wil

2026-08-05

According to The Information: ByteDance founder Zhang Yiming told employees at a meeting last month that the company will not use distillation technology to advance its artificial intelligence model capabilities, even if it means that the company will temporarily lag behind its domestic competitors.

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2026-08-06

Google (GOOG.O) senior AI leader Jeff Dean, an early hire who led the company’s AI strategy for about 15 years, will leave to launch a public‑benefit AI company called Discovery Loop and serve as its CEO. The venture aims to automate complex, multi-s

Google (GOOG.O) senior AI leader Jeff Dean, an early hire who led the company’s AI strategy for about 15 years, will leave to launch a public‑benefit AI company called Discovery Loop and serve as its CEO. The venture aims to automate complex, multi-step scientific and engineering tasks to accelerate technological advancement progress. Co‑founders include Google veterans Oriol Vinyals, Quoc Le and Sanjay Ghemawat; the four are among the world’s most-cited researchers and have driven advances in mathematics and protein-structure work. Their exits further intensify recent AI talent departures from Google.
2026-08-06

Federal Reserve Governor Cook: So far, the policy has not led to significant unemployment.

Federal Reserve Governor Cook: So far, the policy has not led to significant unemployment.
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