Live from NPR News in Washington, I'm Janine Herbst.
On Wall Street's stocks opened higher this morning, although they have turned negative
“right now after Amazon reported better than expected quarterly results.”
And Pierce Scott Horsley has more. Amazon stock got a lift after the company reported strong sales and profits for the most recent quarter, propelled in part by Amazon's cloud computing business. The company plans to boost spending on artificial intelligence and other technology to
220 billion dollars this year.
Massive investment in AI is pushing up the cost of memory chips, forcing Apple to raise prices. Apple also reported stronger quarterly results than four casters had expected. The Labor Department says employers cost for workers grew by 3.4 percent in the 12 months ending in June, with wages and salaries climbing 3.2 percent.
That's not enough to keep pace with inflation, though, so workers' real buying power has been eroding. Scott Horsley, in peer news, Washington. The AI Company andthropic, a financial supporter of NPR, says it found three cases where its artificial intelligence programs, left testing environments, access the internet,
and hacked into real companies.
“Competitor Open AI reported a similar incident last week that raised concerns about AI”
safety. And Pierce John Roowich has more. In the Open AI case, the artificial intelligence models found a way to access the internet from what engineers believed was a secure, walled-off digital testing space called
a sandbox, andthropic says, in the three cases, it discovered, misconfigurations, basically
left the barn door open for the AI systems to gain access to the internet. Still the incident are likely to add to concern about AI's ability to conduct cyber attacks. Andthropic says the incidents happened during tests of the offensive cyber capabilities of its models.
In the wake of the Open AI case, it launched a review of more than 140,000 test runs, and found that the organizations that got hacked in the three cases had not detected the breaches. John Roowich and PR news. Spain's Prime Minister is visiting Spanish territory in North Africa today.
“This comes as at least 18 deaths have been reported after a drastic increase in border”
crossings from Morocco. And Pierce McGill, McGill, rather, must see us as more. Well, started as a moderate increase in crossings at one particular point of the border, where a breakwater separates Spain and Morocco turned into a crisis on Thursday as dozens were seen crossing into Spanish territory.
The migrants started swimming around the breakwater, but no apparent border control enforcement on the Moroccan side. The Spanish government is deploying its military to the region to support local law enforcement. And both countries agreed to work together for the safe return of those who have crossed the border illegally.
Spain has historically relied on Moroccan authorities to control such mass border crossings. But this latest instance is already sparking calls for Prime Minister Pedro Sanchez to toughen his stance on migration. McGill must see us in PR news, severe Spain. And you're listening to NPR news from Washington.
President Trump is taking the first cabinet meeting of his second term on a road trip, though he heading to Camp David, the presidential retreat in Maryland for a rustic backdrop as Secretary's update him on their progress. After Trump heads to his New Jersey Gulf Club, for the weekend. The busy summer travel season could be disrupted this weekend for many Canadian and American
travelers, as Dan Carbon Truck reports, the flight attendants' union, a Canada's second largest airline, filed a 72-hour strike notice. The Canadian Union of Public Employees, which represents West Jets' 4400 flight attendants, says the recent vote was 99% in favor of a strike. At the heart of the dispute, wages and unpaid work that the union says takes place before
and after a flight. West Jets operates more than 600 flights a day. Many travelers are already trying to make alternate arrangements, and West Jets is allowing passengers with flight schedule between Friday and next Tuesday to make a one-time change or cancel with no fee.
Bargaining will continue, but if no deal is reached, some flights could be grounded, and flight attendants could walk off the job by Sunday morning. For NPR news, I'm Dan Carbon Truck in Toronto. Second quarter profits at Exxon and Chevron's sword on rising oil prices because of the U.S. Israeli war on Iran that reduced tanker traffic through the straight-up war moves.
In response, the company's raised the price of their refined products, pushing gas over the $4 a gallon mark nationwide.
Chevron's net income jumped nearly 400% to $12 billion, Exxon's profits doubled to $14.5 billion.
You're listening to NPR news. This week on Consider This, stay ahead of the latest news about AI. We unpack the wild story of two models that hacked into another company, why some experts say it's a warning sign, and people with depression or anxiety are looking for help from chatbots, but that's not what they were designed for.
We look at the risks. This week on Consider This, listen on the NPR app or wherever you get your podcasts.
