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Is there an AI bubble? Financial institutions sound a warning

LONDON (AP) — Lingering doubts about the economic promise of artificial intelligence technology are starting to get the attention of financial institutions that raised warning flags this week about an AI investment bubble. Officials at the Bank of England on Wednesday flagged the growing ...

Silicon Valley leader who navigated the internet’s boom and bust sees another wild ride with AI

SAN FRANCISCO (AP) — Former Cisco Systems CEO John Chambers learned all about technology’s volatile highs and lows as a veteran of the internet’s early boom days during the late 1990s and the ensuing meltdown that followed the mania. And now he is seeing potential signs of the cycle repeating with another transformative technology as a whirlwind of investments and excitement about artificial intelligence has propelled the stock market to new highs. Chambers took a similarly meteoric ride in his early days running Cisco, which had a market value of about $15 billion in 1995, ...

Genies 3 Wishes cuts its ribbon

A rainy day did not stop members of the community from attending the grand opening of Genie’s 3 Wishes Bakery and welcoming Genie McKinney and Lea Reitmeyer to downtown Lock Haven. For the owners of the new bakery, located at 524 East Main Street, Lock Haven, this day represents a ...