Why an AI 'godfather' is quitting Meta after 12 years

In September, US employers added 119,000 jobs, surpassing expectations. However, the unemployment rate rose from 4.3% to 4.4%, indicating a mixed labor market performance. This data reflects ongoing challenges as the economy navigates recovery.

European tech stocks experienced a significant increase following a surge in Nvidia's performance, which positively impacted AI and power suppliers. This rise reflects growing investor confidence in the technology sector, particularly in AI-related companies. The market's reaction indicates a strong belief in the sustainability of the AI boom driven by Nvidia's advancements.

Tyler Cowen discusses the reasons why artificial intelligence (AI) has not yet led to a significant transformation in the world. He identifies various barriers that hinder a major revolution in AI, emphasizing the need for a more realistic assessment of its current capabilities and impact.

Nvidia reported a significant revenue increase of 62% for the three months ending in October, reaching $57 billion. This strong performance has alleviated concerns regarding a potential AI bubble, boosting investor confidence in the company's future prospects.

A recent analysis indicates that a surge in borrowing related to artificial intelligence (AI) has led investors to retreat from corporate bonds. The growing concerns about the sustainability of AI investments have prompted a negative sentiment in the market, as stakeholders reassess their strategies amidst fears of a potential bubble.

Agora reported significant growth in its Q3 2025 earnings call, attributing this success to advancements in artificial intelligence (AI) innovation. The company highlighted its strategic initiatives aimed at enhancing operational efficiency and market presence, reflecting a positive trajectory in its financial performance.

Yann LeCun, a prominent figure in artificial intelligence and a key player at Meta, is set to leave the company to launch a new AI startup focused on Advanced Machine Intelligence. His departure follows over a decade of contributions to Meta, where he has been influential in shaping AI research and development.

The world's most valuable company has reported another series of expectation-beating results, alleviating concerns about a potential AI bubble burst for the time being.