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The Latest Breaking News from Artificial Intelligence

China's AI Race Is Producing New Winners. Goldman Sachs Says A Few Models Are Pulling Ahead.

China's rapidly expanding artificial intelligence sector is beginning to produce clear leaders as companies compete to improve large language models and expand enterprise adoption.

International Business Times

New York to impose the country's first statewide moratorium on data centers

New York will block new large data centers that fuel artificial intelligence for up to a year to protect the environment and energy grid

The Independent UK

'We Must Act Now': Eric Schmidt, Reid Hoffman, Joseph Stiglitz among 200 who just sounded an alarm on AI

Over 200 global experts have signed a letter urging immediate action on AI's economic impact. They caution that artificial intelligence could cause widespread job displacement within a decade. This transformation is expected to be larger than the Industrial Revolution but unfold much faster. Policymakers and technology leaders must now build…

The Economic Times

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Government offers free AI course with certificate under IndiaAI Mission; check how to apply, direct link, eligibility and more

MeitY offers a free YUVA AI course through government platforms. This initiative aims to provide basic artificial intelligence knowledge to one crore people. The program covers AI fundamentals, applications, and ethical considerations for beginners. Learners can enroll online and receive a Government of India certificate upon completion. Anyone interested in…

The Economic Times

OpenAI is showing Kalshi’s World Cup odds in ChatGPT

NEW YORK — Kalshi, the startup that lets users wager on almost anything, has struck a partnership with artificial intelligence (AI) company OpenAI to show World Cup prediction market data in ChatGPT search results.

Bangkok Post

7,700 jobs down: India’s top private banks’ workforce reduce as tech wonder gets busy

India's largest private banks are reducing staff numbers. This shift reflects increased automation and artificial intelligence adoption. Technology now handles routine operations, freeing human resources for customer-facing roles. Banks like HDFC and Axis Bank are redeploying talent to advisory and sales functions. This trend signals changing skill requirements across the…

The Economic Times

Meet DeepSeek's Liang Wenfeng, the Chinese entrepreneur who is now world's richest AI founder, surpassing Anthropic's Dario Amodei

DeepSeek founder Liang Wenfeng's net worth has significantly increased after a recent funding round. He is now the world's wealthiest creator of artificial intelligence models. This surge in valuation makes him a prominent figure in China's tech landscape. His company's success is attributed to early investments in computing power. Liang's…

The Economic Times

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Karnataka CM Shivakumar announces India's first govt-driven AI University

Karnataka will establish India's first government-driven Artificial Intelligence University. An AI Hub will also be set up as an incubation centre for research. The state aims to become a global leader in responsible AI innovation. This initiative will build world-class AI talent and strengthen collaborations. Karnataka seeks to enhance its…

The Economic Times

Peter Schiff Says SPCX's Decline Could Spell the End of AI Boom, 'Overpriced' US Stock Market: Ross Gerber Is Not Surprised

Economist Peter Schiff, co-founder of Echelon Wealth Partners, thinks that the decline of Elon Musk-led Space Exploration Technologies Corp. (NASDAQ:SPCX) could signal the end of the artificial intelligence (AI) boom.

Benzinga

China's exports surge 27% from a year earlier as AI boom drives strong demand

China’s customs agency says its exports accelerated in June, jumping 27% from a year earlier, driven by strong demand due to the boom in artificial intelligence

The Independent UK

Canada regulator cited Anthropic's Claude Mythos in warning to banks on cyber risks, email shows

The regulator, the Office of the Superintendent of Financial Institutions, sent the email to chief technology officers, chief information security officers, and chief risk officers across the financial industry, including the big banks and insurers, according to documents Reuters obtained through an access-to-information request.

The Economic Times

PM's China trip aims to boost tech investment

Prime Minister Anutin Charnvirakul is set to embark on a crucial visit to China later this week, aiming to strengthen economic ties and attract investment in Thailand's future industries, notably semiconductors, artificial intelligence (AI), and electric vehicles.

Bangkok Post

Anthropic Accuses Rival Abnormal AI of Mimicking Its Brand

Anthropic is suing AI cybersecurity company Abnormal AI, accusing the company of adopting branding and a logo that Anthropic claims could confuse customers and unfairly benefit from Anthropic’s growing reputation in artificial intelligence.

Benzinga

Meta Has Been Looking to Expand Its AI Capabilities. It Has Now Announced Plans on Invest $50 Billion on a New Data Center.

Meta is dramatically expanding its largest artificial intelligence infrastructure project, increasing the planned investment in its Hyperion data center in rural Louisiana to more than $50 billion.

International Business Times

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Benzinga

SK Hynix vs. Micron: Wall Street's AI Memory Battle Just Got Real

For years, Micron Technology, Inc. (NASDAQ:MU) was the go-to stock for U.S. investors looking to ride the AI memory boom. Now, it has company. SK hynix Inc‘s (NASDAQ:SKHY) recent Nasdaq debut has brought one of the world’s largest memory chipmakers directly to U.S. investors, setting up a fresh rivalry between…

International Business Times

AI Is Reshaping The Job Market. Most Workers Now Want A Share Of The Wealth.

A new national survey has found broad support for a public AI wealth fund as concerns over automation and tech layoffs continue to grow across the United States.

International Business Times

Major Tech Companies Are Betting on Agentic AI. Kraken is Rebuilding Its App Around It.

Kraken is the latest tech company to place its bets on agentic artificial intelligence. The cryptocurrency exchange company announced that it plans to restructure its entire flagship app around agentic AI.

The Economic Times

Exploring how AI fluency is enabling leaders to fine-tune strategic management and drive business growth

Artificial intelligence is reshaping business decision-making and leadership expectations. Leaders must now embrace AI fluency to guide teams and align investments. Gartner predicts AI agents will augment fifty percent of business decisions by 2027. Peer learning and cross-industry collaboration accelerate AI adoption from experimentation to results. Organizations building AI-fluent leadership…

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Benzinga

Tesla AI Chief Ashok Elluswamy Says Optimus Has 'Big Shoes to Fill' After Model S, X Production Line Closure

Tesla Inc.‘s (NASDAQ:TSLA) artificial intelligence lead, Ashok Elluswamy, hailed the sunset Model S and Model X premium vehicles as the Fremont facility gears up for Optimus humanoid robot production.

International Business Times UK

Sacked 'Nerd in Chief' Discovers AI Hijacked His Byline to Publish 'Lazy Slop' Under His Name

Ben Touati discovered AI-generated articles under his byline after leaving ClickOut Media, highlighting ongoing controversies over the company's use of artificial intelligence.

MyLifeXP

Google Pixel 11 Price Leak: Storage Upgrade With Full Details and Here's What You'll Pay

Google's Pixel 11 series is already on the every internet as it is due to be released in August and this isn't only due to new features. A new leak reveals that Google could be getting Clear of 128GB storage altogether and is making 256GB the new base storage option…

Benzinga

Mark Cuban Pushes Back on AI Doctors, Says Healthcare Conglomerates Will 'Delay and Deny' Progress

Billionaire entrepreneur Mark Cuban expressed skepticism about the effectiveness of artificial intelligence (AI) in healthcare, highlighting the challenges posed by healthcare conglomerates.

The Economic Times

Mulling AI investment, Anthropic lobbied Australia on copyright law

Anthropic's chief executive Dario Amodei has lobbied Australian officials for "copyright reform" as the artificial intelligence giant seeks to make a major investment in the country, official briefing notes released Monday show. According to briefing notes released under freedom of information law, Amodei had requested the meeting to discuss barriers…

MyLifeXP

5 Best AI Smartphones Under Rs 30,000 You Should Buy Now

AI is no longer a feature reserved for premium flagship smartphones. Today, even mid-range devices can erase unwanted objects from photos, summarize notifications, translate conversations, improve images, and make everyday tasks easier. If you're planning to buy a smartphone under Rs 30,000, choosing one with useful AI features could give…

The Economic Times

South Korea's AI tax windfall a 'golden window' for investment: Lee

South Korea will use a tax revenue windfall from artificial intelligence chipmakers as a strategic source of investment, President Lee Jae Myung said Monday, describing a "golden window" of opportunity. "These revenues are a valuable national resource that should be invested during the golden window when the global race for…

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