Addressing one of the most persistent critiques of the current artificial intelligence boom, CoreWeave CEO Michael Intrator pushed back against the narrative of a "circular AI economy" in an appearance at the Fortune Brainstorm AI conference in San Francisco. While skeptics often point to the tangled web of investments between chipmakers, cloud providers, and AI startups as a financial bubble, he argued that deep industry collaboration is the only viable response to a historic supply chain crisis.
AI-enabled supply chain attacks are exploding in scale and sophistication - Malicious package uploads to open-source repositories jumped 156% in the past year. AI-generated malware has game-changing characteristics - It's polymorphic by default, context-aware, semantically camouflaged, and temporally evasive. Real attacks are already happening - From the 3CX breach affecting 600,000 companies to NullBulge attacks weaponizing Hugging Face and GitHub repositories.
Lowe's beat Wall Street's expectations for its quarter ended Aug. 1, with comparable sales increasing 1.1% versus the year-ago period. But executives on an earnings call noted that the retailer is still working through short-term challenges specific to the home improvement sector like high mortgage rates and a depressed housing market, in addition to the more broad-based challenge of cautious, value-focused consumers.
When Hurricane Helene barreled through North Carolina in September 2024, General Motors' artificial intelligence system had already predicted that one of its key suppliers, Auria Solutions, would take a direct hit. The automotive acoustics and textiles company manufactures carpets for General Motors' full-size SUVs - like the Chevy Tahoe and Suburban, GMC Yukon, and Cadillac Escalade - at its plant in North Carolina. When the storm pummeled the town, the factory lost water and power, but General Motors was prepared for the production-halting damage.
