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Goldman Sachs Launches AI-Free Index
Goldman Sachs has launched an "S&P ex-AI" index (SPXXAI) that tracks the S&P 500 stocks not related to AI, offering investors a way to "hedge their exposure to the AI trade," reports Axios. From the report: "Excluding 'AI enablers' from the passive benchmark would eliminate the noise introduced by the AI hype," Louis Miller, head of the firm's equity custom basket desk, wrote in a note to clients about the new index.
The ex-AI index is a compilation of all the stocks in the S&P 500 that are not related to AI, also referred to as old-economy stocks.
It's available exclusively to Goldman customers, created in collaboration with S&P Dow Jones Indices.
Taking all the AI out of the S&P doesn't leave much behind, as AI companies make up ~45% of the index, according to the note. Over the last three years, the S&P 500 is up 76%. The ex-AI index is only up 32% in that same time period.
Read more of this story at Slashdot.
I replaced my standard Linux coreutils with Rust versions and it’s surprisingly faster - MakeUseOf
Categories: Linux
Wikipedia Blacklists Archive.today, Starts Removing 695,000 Archive Links
An anonymous reader quotes a report from Ars Technica: The English-language edition of Wikipedia is blacklisting Archive.today after the controversial archive site was used to direct a distributed denial of service (DDoS) attack against a blog. In the course of discussing whether Archive.today should be deprecated because of the DDoS, Wikipedia editors discovered that the archive site altered snapshots of webpages to insert the name of the blogger who was targeted by the DDoS. The alterations were apparently fueled by a grudge against the blogger over a post that described how the Archive.today maintainer hid their identity behind several aliases.
"There is consensus to immediately deprecate archive.today, and, as soon as practicable, add it to the spam blacklist (or create an edit filter that blocks adding new links), and remove all links to it," stated an update today on Wikipedia's Archive.today discussion. "There is a strong consensus that Wikipedia should not direct its readers towards a website that hijacks users' computers to run a DDoS attack (see WP:ELNO#3). Additionally, evidence has been presented that archive.today's operators have altered the content of archived pages, rendering it unreliable."
More than 695,000 links to Archive.today are distributed across 400,000 or so Wikipedia pages. The archive site, which is facing an investigation in which the FBI is trying to uncover the identity of its founder, is commonly used to bypass news paywalls. "Those in favor of maintaining the status quo rested their arguments primarily on the utility of archive.today for verifiability," said today's Wikipedia update. "However, an analysis of existing links has shown that most of its uses can be replaced. Several editors started to work out implementation details during this RfC [request for comment] and the community should figure out how to efficiently remove links to archive.today."
Read more of this story at Slashdot.
Phil Spencer Retiring After 38 Years At Microsoft
Xbox chief and Microsoft Gaming CEO Phil Spencer is leaving Microsoft after nearly 40 years at the company. "Meanwhile, Xbox President Sarah Bond, "long thought by many both inside and outside of Microsoft to be Spencer's heir apparent, has resigned," reports IGN. From the report: The new CEO of Microsoft Gaming will be Asha Sharma, currently the President of Microsoft's CoreAI product. Finally, Xbox Game Studios head Matt Booty is being promoted to Chief Content Officer and will work closely with Sharma. "I want to thank Phil for his extraordinary leadership and partnership," Microsoft CEO Satya Nadella said in an email sent to Microsoft staff. "Over 38 years at Microsoft, including 12 years leading Gaming, Phil helped transform what we do and how we do it." [...]
Spencer was named Head of Xbox in March of 2014, when he was tasked with righting a ship that had made a number of product choices and policy decisions that rubbed core gamers the wrong way in the run-up to the launch of the Xbox One in Fall 2013. Long hailed by gamers as being one of their own, Spencer could frequently be found on Xbox Live, playing games regularly with fellow Xbox gamers and racking up a healthy Gamerscore. His first major move when put in charge was decoupling the Kinect 2.0 peripheral from the Xbox One package, thus immediately reducing the new console's price by $100 to $399, matching the day-one price of Sony's PlayStation 4. He spearheaded the much-heralded backwards compatibility movement within Xbox, the Xbox Game Pass service was born under his watch, and accessibility made major advances during his tenure in both hardware and software. Xbox Play Anywhere, which sought to let gamers play their Xbox games on any device, be it a PC, console, or handheld, isn't new but has been a big recent focal point.
Spencer's time running Xbox will perhaps be most remembered for Microsoft's $69 billion acquisition of Activision-Blizzard-King in 2022, which took almost two years to achieve regulatory approval from various agencies around the world. But Spencer began trying to solve for Xbox's dearth of first-party games in 2018, when the first wave of studio acquisitions occurred. Prior to the Activision deal, Spencer's biggest move came with the $7.5 billion acquisition of ZeniMax, parent company of Bethesda, in 2020. The deal gave Xbox total ownership of Bethesda Game Studios and its Fallout and Elder Scrolls franchises along with id Software and its Doom and Quake IPs, among many others. Questions arose from there about whether or not that meant all of Xbox's new studios would produce games exclusively for Xbox consoles, and while some games were kept off of PlayStation platforms temporarily, many weren't and most now seem to come to PS5 eventually, if not on day one.
Read more of this story at Slashdot.
Microsoft Deletes Blog Telling Users To Train AI on Pirated Harry Potter Books
Microsoft pulled a year-old blog post this week after a Hacker News thread flagged that it had encouraged developers to download all seven Harry Potter books from a Kaggle dataset -- incorrectly marked as public domain -- and use them to train AI models on the company's Azure platform.
The blog, written in November 2024 by senior product manager Pooja Kamath, walked users through building Q&A systems and generating fan fiction using the copyrighted texts, and even included a Microsoft-branded AI image of Harry Potter. The Kaggle dataset's uploader, data scientist Shubham Maindola, told Ars Technica the public domain label was "a mistake" and deleted the dataset after the outlet reached out.
Read more of this story at Slashdot.
I tried Mint, Kubuntu, and Debian — here’s what actually matters for Windows refugees - MakeUseOf
Categories: Linux
OpenAI Has No Moat, No Tech Edge, No Lock-in and No Real Plan, Analyst Warns
OpenAI faces four fundamental strategic problems that no amount of fundraising or capex announcements can paper over, according to analyst Benedict Evans: it has no unique technology, its enormous user base is shallow and fragile, incumbents like Google and Meta are leveraging superior distribution to close the gap, and its product roadmap is dictated by whatever the research labs happen to discover rather than by deliberate product strategy.
The company claims 800-900 million weekly active users, but 80% of them sent fewer than 1,000 messages across all of 2025, averaging fewer than three prompts a day, and only 5% pay. OpenAI has acknowledged what it calls a "capability gap" between what models can do and what people use them for -- a framing Evans reads as a polite way to avoid admitting the absence of product-market fit. Gemini and Meta AI are meanwhile gaining share rapidly because the products look nearly indistinguishable to typical users, and Google and Meta already have the distribution to push them. Evans compares ChatGPT to Netscape -- an early leader in a category where the products were hard to tell apart, overtaken by a competitor that used distribution as a crowbar.
On capex, Evans argues that Altman's ambitions -- claiming $1.4 trillion and 30 gigawatts of future compute -- amount to an attempt to will OpenAI into a seat at a table where annual infrastructure spending may need to reach hundreds of billions. But a seat at the table is not leverage over it; he compares this to TSMC, which holds a de facto chip monopoly yet captures little value further up the stack.
OpenAI's own strategy diagrams from late last year laid out a full-stack platform vision -- chips, models, developer tools, consumer products -- each layer reinforcing the others. Evans argues this borrows the language of Windows and iOS without possessing any of the underlying dynamics: no network effect, no lock-in preventing developers from calling a different model's API, and no reason customers would know or care which foundation model powers the product they are using.
Read more of this story at Slashdot.
Several Meta Employees Have Started Calling Themselves 'AI Builders'
An anonymous reader shares a report: Meta product managers are rebranding. Some are now calling themselves "AI builders," a signal that AI coding tools are changing who gets to build software inside the company. One of them, Jeremie Guedj, announced the change in a LinkedIn post last week. "I still can't believe I'm writing this: as of today, my full-time job at Meta is AI Builder," he wrote.
Guedj has spent more than a decade as a traditional product manager, a role that sets the road map and strategy for products then built by engineering teams. He said that while his title in Meta's internal systems still lists him as a product manager, his actual work is now full-time building with AI on what he calls an "AI-native team." Another Meta product manager also lists "AI Builder" on her LinkedIn profile, while at least two other Meta engineers write the term in their bios, Business Insider found.
Read more of this story at Slashdot.
Intel Hiring More Linux Developers - Including For GPU Drivers / Linux Gaming Stack - Phoronix
Categories: Linux
Distribution Release: Emmabuntüs DE5-1.05
The DistroWatch news feed is brought to you by TUXEDO COMPUTERS. The Emmabuntüs project has published an update for its DE5 branch. The new version improves volume handling, makes it easier to install WINE, and offers updated Italian language support. "The Emmabuntüs Collective is pleased to announce the release of Emmabuntüs Debian Edition 5 version 1.05, available in 32-bit....
Categories: Linux
Distribution Release: DietPi 10.0
The DistroWatch news feed is brought to you by TUXEDO COMPUTERS. DietPi is a Debian-based Linux distribution, primarily developed for single-board computers such as Raspberry Pi, Orange Pi or Odroid. It also supplies builds for 64-bit x86 personal computers and virtual machines. The project's latest release, version 10.0, introduces some important changes and drops support for some old single-board....
Categories: Linux
DistroWatch Weekly, Issue 1157
The DistroWatch news feed is brought to you by TUXEDO COMPUTERS. This week in DistroWatch Weekly:
Review: Setting up a home server
News: Malicious software finds a new way into the Snap store, postmarketOS automates more hardware tests, KDE's new login manager works with systemd only
Questions and answers: Why convergence has not become popular
Released last week: ELEGANCE 26.0.1, MX Linux....
Review: Setting up a home server
News: Malicious software finds a new way into the Snap store, postmarketOS automates more hardware tests, KDE's new login manager works with systemd only
Questions and answers: Why convergence has not become popular
Released last week: ELEGANCE 26.0.1, MX Linux....
Categories: Linux
Distribution Release: CachyOS 260124
The DistroWatch news feed is brought to you by TUXEDO COMPUTERS. The CachyOS team has announced the release of an updated ISO image of CachyOS, a Arch-based Linux distribution with the latest KDE Plasma as the chosen desktop on the live image. The new version 260114 comes with a reworked system installer, new Plasma login manager, and Wayland as....
Categories: Linux
Distribution Release: Skywave Linux 5.10.0
The DistroWatch news feed is brought to you by TUXEDO COMPUTERS. Phil C has announced the release of Skywave Linux 5.10.0, a specialist live Linux distribution configured for connecting to internet-accessible software defined radio (SDR) receivers. It is based on Debian's "Unstable" branch and uses the dwm window manager. "Skywave Linux has been upgraded to version 5.10, bringing some....
Categories: Linux
Distribution Release: Liya Linux 2.5
The DistroWatch news feed is brought to you by TUXEDO COMPUTERS. The Liya Linux distribution is an Arch-based project which runs the Cinnamon desktop and features the Pamac package manager. The project has published a new snapshot which introduces integrated AI chat and improved support for connecting with Windows file shares. "I am pleased to announce the release of....
Categories: Linux
Distribution Release: Guix System 1.5.0
The DistroWatch news feed is brought to you by TUXEDO COMPUTERS. Guix System is a Linux-based, stateless operating system that is built around the GNU Guix package manager. The project has published its first release in about three years, introducing several changes and over 10,000 new packages: "Three years is a long time for free and open source software!....
Categories: Linux
Distribution Release: deepin 25.0.10
The DistroWatch news feed is brought to you by TUXEDO COMPUTERS. An updated version of deepin, a Debian-based Linux distribution with a custom-built Deepin Desktop Environment, has been released. The new version 25.0.10 brings various improvements to installation, file management and interface polish: "In order to further optimize the deepin 25 system update experience and enhance stability, the deepin....
Categories: Linux
Distribution Release: MX Linux 25.1
The DistroWatch news feed is brought to you by TUXEDO COMPUTERS. The MX Linux team has announced an update to the distribution's 25.x series. MX Linux 25.1 maintains the existing Debian 13.1 base and sees a return to offering a choice of init software at boot time. "Making a return as of 25.1 is a dual-init setup with both....
Categories: Linux
Distribution Release: ELEGANCE 26.0.1
The DistroWatch news feed is brought to you by TUXEDO COMPUTERS. ELEGANCE, a French desktop distribution based on Manjaro Linux and featuring the Cinnamon desktop and a huge collection of popular open-source software, has been updated to version 26.0.1. The new release, which is also known as version 4 and has a code name of "Leanora", comes shortly after....
Categories: Linux