The Latest Breaking News on AI

NAB to cut 2,500 jobs in massive restructure

Bank says bulk of redundancies will occur before end of year, citing challenging economy, competition and ‘rapid technological change’

The Guardian - AU · Oct 20

Organizers for the No Kings movement hold nationwide protests. Then their Instagram account goes dark: ‘Meta still owes us an explanation’

'Restricting communications about voting in the middle of an election is unacceptable.'

We Got This Covered · Oct 20

Iran Threatens 'World's Internet' as Revolutionary Guards Spokesman Shares Apparent AI-Generated Missile Image

Iran's Revolutionary Guards pointed to undersea cables beneath the Strait of Hormuz in a veiled warning, though analysts say any disruption would be regional rather than global.

International Business Times UK · Oct 19

Nvidia chief makes surprising prediction about AI replacing human industry

Nvidia's Jensen Huang is urging German manufacturing companies to combine their expertise in physical machines with artificial intelligence to, as he put it, “re-engineer” the economy

The Independent UK · Oct 19

Hedge funds retreat from tech at fastest pace in a decade as AI trade weakens

Hedge funds cut technology exposure at the fastest pace in at least a decade as the global AI trade weakened and tech stocks bore the brunt of last week’s selloff. Goldman Sachs data showed funds reduced risk sharply, although technology remained a major part of their portfolios.

The Economic Times · Oct 19

The Issue That's Scaring Politicians in Both Parties: How AI Data Centers Became 2026's Defining Revolt

Voters across 8 states will decide 39 ballot measures on AI data centers Nov. 3. Only 11% support one near their home. Here's what's driving the revolt.

Latin Times · Oct 19

Morgan Stanley’s favorite AI stock is 92% exposed to the $1.6 trillion buildout it’s bullish on

The bank calls Nvidia the best risk/reward in AI. Its own report lays out what happens to suppliers when a capital cycle turns.

Fortune · Oct 19

S&P Global flags potentially hidden AI debt at hyperscalers as AI spending surges

S&P Global warned that hyperscalers could be carrying more AI related debt than currently visible through financing structures linked to data centres and smaller AI firms. Despite rising concerns around AI infrastructure debt, the agency saw no immediate need for rating changes, while flagging profitability and escalating investment as key…

The Economic Times · Oct 19

‘An army of Claudes, with every one asking for my attention’: Anthropic calls human attention the bottleneck in the botsitting world to come

Eighty percent of Claude session delays result from agents waiting on human input, and the median Anthropic employee spends 20% more time in meetings than a year ago.

Fortune · Oct 19

The AI Sell-Off Continues—These 3 Stocks Keep Raising Guidance Anyway

AI stocks like Lumentum, Dell and Everpure are selling off even as they report sold-out capacity and raised guidance, compressing valuations as analysts watch earnings revisions for a bottom.

MarketBeat · Oct 19