The Latest Breaking News from Artificial Intelligence

92,000 Layoffs Later, Tech Workers Fear What’s Coming Next

For years, people believed technology would create endless opportunities. Learn coding, join a big tech company, work hard, and your future would stay secure. That dream now feels shakier than ever. In 2026 alone, more than 92,000 tech workers have already lost their jobs. Giants like Meta , Microsoft, Amazon,…

MyLifeXP · May 12

South Korea’s radical 'AI dividend' proposal: A bold future or a market nightmare?

South Korea is discussing sharing the wealth generated by artificial intelligence. A government official suggested distributing AI profits, causing a stir in the stock market. Companies like Samsung and SK Hynix are seeing huge profits from AI chips. This move highlights concerns about wealth concentration and calls for broader economic…

The Economic Times · May 12

Global Market Update | Hedge funds record decade-high weekly buying in Korea, Japan, Taiwan equities, says Morgan Stanley

Global hedge funds have heavily invested in Asian stocks, particularly in South Korea, Japan, and Taiwan. This buying spree, the largest in a decade, focuses on technology firms. Investors are seeking exposure to artificial intelligence beneficiaries. Major chipmakers in these countries are driving this trend. Asia's tech supply chain is…

The Economic Times · May 12

Bitcoin To $10 Million Claim Returns As AI Narrative Gains Momentum Across Crypto Debate

Market commentary linking artificial intelligence expansion with Bitcoin and Ethereum activity is drawing renewed attention amid global economic pressure and geopolitical uncertainty.

International Business Times · May 11

Alphabet, Amazon tap overseas debt markets to fund AI infrastructure push

As the race to dominate artificial intelligence heats up, major technology firms are escalating their borrowing. Alphabet plans to launch its debut bond sale in yen, while Amazon is eyeing its initial offering in Swiss francs. These actions reflect the worldwide push for AI investment, showcasing how businesses are turning…

The Economic Times · May 11

Uniti Group Q1 Earnings Call Highlights

Uniti Group (NASDAQ:UNIT) executives said the company started 2026 with stronger fiber growth, record Kinetic customer activity and continued demand from hyperscale customers tied to artificial intelligence infrastructure, while maintaining its full-year outlook because of the timing variability of

MarketBeat · May 11

Google disrupts hackers using AI to exploit unknown weakness in a company's digital defence

Google has stopped criminals using artificial intelligence to find and exploit a company's digital weakness. This zero-day exploit could have bypassed security measures. Experts warn this is the start of AI-powered cyberattacks. Governments and tech firms are now racing to bolster defenses against these advanced threats. A dangerous transitional period…

The Economic Times · May 11

OpenAI creates new unit with $4 billion investment to aid corporate AI push

OpenAI is launching a new venture with over four billion dollars. This new company will help businesses build and use artificial intelligence. OpenAI is also acquiring Tomoro, an AI consulting firm. This move aims to quickly expand its services. The venture will embed AI engineers into organizations. This will identify…

The Economic Times · May 11

We studied what happened when financially struggling artists received $1,000 a month, no strings attached, for 18 months

Though artificial intelligence is making it easier than ever to produce images, music and text, the technology is also making it harder for the people who have traditionally produced this work to earn a living.

The Conversation · May 11

How AI can lead to false arrests and wrongful convictions

In Baltimore on Oct. 20, 2025, a 17-year-old student named Taki Allen was sitting outside his high school after football practice when an artificial intelligence-enhanced surveillance camera falsely identified the Doritos bag in his pocket as a gun. Within moments police cars arrived, officers drew their weapons and Allen was…

The Conversation · May 11