🌏 AI, it’s everywhere
Plus: A big international drug bust

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Here’s what you need to know
IBM is slowing hiring for jobs that could be done by AI. CEO Arvind Krishna expects the technology to replace 30% of the firm’s back-office roles in five years (more below).
BP’s profits aren’t breaking records anymore. But even if prices are stabilizing from the volatility that drove 2022's record-breaking haul, a quarterly $5 billion gain is still astronomical.
India’s first iPhone maker is quitting. Taiwan-based Wistron’s decision to wind down operations in India comes as Apple is trying to increase its presence in the country.
Paraguay’s presidential election was also a victory for Taiwan. Winner Santiago Peña has pledged business as usual with the island, easing concerns of a diplomatic switch to China.
The biggest warnings about AI are from its designers
Companies like OpenAI and Google are racing to build and deploy new AI technology—and the people working on it are some of the most worried.
Another part of the Murdoch media empire was caught fibbing

Pop quiz: On which topic did Australia’s media authority say Sky News Australia—owned by Rupert Murdoch’s News Corp—aired misleading information?
A. Election coverage
International drug enforcers clocked a huge bust
288: Number of arrests across nine countries made yesterday in a sprawling drug bust that took down a major dark web narcotics ring
Dubbed Operation SpecTor, the investigation focused on an online drug hub called Monopoly Market and was one of the largest international operations of its kind.
Surprising discoveries
France’s finance minister has enough time to write erotic novels. What’s mightier, the pen or economic turmoil?
Quebec is taking an Uber approach to its public transit. People love it.
Enamored by Sweden, young Chinese workers are moving there in record numbers. But it “isn’t as chill” as they had hoped.
The CEO of edtech firm Chegg name dropped ChatGPT in its weak earnings report. It sent stocks in a tailspin.
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