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The Latest Breaking News from Artificial Intelligence

US Would Be In 'Recession' Without AI, As Spending Goes 'Through The Roof,' Comprising 45% Of S&P 500 CapEx

The United States economy is now dependent on a historic surge in artificial intelligence (AI) investment to stay afloat, according to recent market analysis. New data reveals that without the massive capital infusion into AI infrastructure, the U.S. would currently be in an economic recession.

Benzinga

Dan Ives Says It Is 'Nvidia's World' And 'Everyone Else Is Paying Rent:' Predicts Massive Tech Rally Into 2026

Wedbush Securities Managing Director Dan Ives delivered a highly bullish forecast for the technology sector, declaring that the artificial intelligence (AI) revolution is firmly cemented in Nvidia Corp.‘s (NASDAQ:NVDA) growth. He bluntly stated that “At the end of the day, it’s Nvidia’s world, everyone else is paying rent.”

Benzinga

Eric Jackson Says Opendoor Entering 'Version 2.0' Era As AI Slashes Headcount By 90%, Company Chases 'Three-Day Closings'

Investor Eric Jackson says iBuying platform, Opendoor Technologies Inc. (NASDAQ:OPEN), is undergoing a major transformation as new leadership pushes the company into what he described as a “version 2.0” of its business model, driven heavily by artificial intelligence.

Benzinga

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Could a national, public ‘CanGPT’ be Canada’s answer to ChatGPT?

As generative artificial intelligence (AI) tools like ChatGPT, Google Gemini and others reshape the digital landscape, much of the conversation in Canada has focused on commercial innovation.

The Conversation

This Veteran Trader Who Predicted Brexit Says AI Is 'The Biggest Thing We'll Ever See'—And He's Betting Millions on It

The artificial intelligence revolution isn’t just another tech cycle—it’s the defining economic event of our lifetime, according to investor Chris Camillo, who says the current moment presents an asymmetric risk-reward opportunity that dwarfs concerns about short-term market volatility.

Benzinga

Microsoft CEO Satya Nadella Admits 'I Don't Have Warm Shells To Plug Into' — While OpenAI CEO Sam Altman Warns Cheap Energy Could Upend AI

Artificial intelligence may have hit an unexpected snag — there aren't enough powered data centers to keep up with the machines driving it. And now, Microsoft (NASDAQ:MSFT) has AI chips sitting idle because there's nowhere to plug them in.

Benzinga

Alibaba and ByteDance allegedly train Qwen and Doubao LLMs using Nvidia chips, despite export controls — Southeast Asian data center leases skirt around U.S. chip restrictions

Chinese technology giants, including Alibaba and ByteDance, are increasingly training their most advanced artificial intelligence models in Southeast Asia.

Tom’s Hardware

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'Ruthless' state plan to capitalise on AI revolution

A state has hatched an plan to reap the economic benefits of the looming boom in artificial intelligence.

AAP

Options Corner: AI Bubble Fears Deliver An Incentivized Wager On Tech Giant Microsoft

While the technology sector is gradually showing some signs of recuperation — particularly with the cryptocurrency ecosystem finding recent momentum — skepticism remains a major source of anxiety. One name that has apparently aroused suspicion is Microsoft Corp (NASDAQ:MSFT). Ordinarily, dips in MSFT stock would be viewed as a buying…

Benzinga

California prosecutors’ office used AI to file inaccurate motion in criminal case

Filing contained errors known as ‘hallucinations’, with attorneys arguing prosecutors’ office used AI in other cases

The Guardian - US

Not up to code: security flaws, bias in foreign AI tool

Companies should scrutinise the artificial intelligence technology they deploy, researchers have warned, after vulnerabilities were found in a Chinese tool.

AAP

Can bigger-is-better ‘scaling laws’ keep AI improving forever? History says we can’t be too sure

OpenAI chief executive Sam Altman – perhaps the most prominent face of the artificial intelligence (AI) boom that accelerated with the launch of ChatGPT in 2022 – loves scaling laws.

The Conversation

Is Google Stock a Buy at $4 Trillion?

Google is poised to generate needle-moving revenue from the artificial intelligence revolution.

Barchart

'You'll Have Billion-Dollar Companies Run By Two Or Three People With AI,' Says Sam Altman — Adds He's 'More Pessimistic About Humans'

Running a major company with only a handful of people is becoming a realistic outcome in advanced artificial intelligence development.

Benzinga

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Benzinga

Gen Z Can't Rely On 'I Can Work Hard,' Says Jamie Dimon — AI Is Rewriting The Rules For $62K Jobs And First-Time Home Buyers

The belief that effort alone can secure a stable future is fading as artificial intelligence reshapes how Gen Z enters work and housing markets.

International Business Times UK

AI Most Likely to Be Named TIME's 2025 Person of the Year at 36% Odds, Beating Trump and Pope Leo

Artificial intelligence leads the race for TIME's 2025 Person of the Year with a 36% chance, ahead of NVIDIA's Jensen Huang, Pope Leo XIV, and Donald Trump.

Benzinga

Buy Post-Earnings Dip, Amazon Is Still Top Pick: Analyst

Amazon.com Inc.’s (NASDAQ:AMZN) booming cloud and artificial intelligence pipeline is set to take center stage next week, as Wall Street finds the company’s latest pullback overlooks strong Amazon Web Services momentum and rising demand tied to major partners like Anthropic and OpenAI.

Benzinga

Three Big Catalysts Could Decide Broadcom's Earnings-Day Pop, Analyst Says

Broadcom Inc.’s (NASDAQ:AVGO) upcoming results are set to spotlight the company’s accelerating artificial intelligence business, with investors watching fiscal 2026 revenue guidance and gross margin trends closely.

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Benzinga

Walmart Tests Ads Inside Its New AI Chatbot Sparky

Walmart Inc. (NYSE:WMT) is quietly testing ads inside its new artificial intelligence shopping agent, Sparky — signaling a future where chatbot-powered recommendations become a major money-maker for online retail.

Benzinga

Advanced Micro Devices' Latest Meltdown Heightens Speculative Fervor For Direxion's AMUU, AMDD ETFs

Depending on when the inquiry is asked and to whom, Advanced Micro Devices Inc (NASDAQ:AMD) is either a critical player in artificial intelligence — and thus deserves a strong valuation premium — or is an overplayed enterprise that has long overstayed its welcome. Both sides offer compelling arguments, which makes…

Benzinga

Jensen Huang Says 'Insane' That Some Nvidia Managers Are Telling Employees To Limit AI Usage: Report

Nvidia (NASDAQ:NVDA) CEO Jensen Huang has reportedly urged his employees to utilize artificial intelligence (AI) for every possible task, assuring them that their jobs are secure.

International Business Times

HP Slashes Workforce by Up to 10% as Company Pivots to Artificial Intelligence

HP announces plans to cut up to 6,000 jobs worldwide as it shifts toward AI-driven operations and cost-saving strategies.

Benzinga

Scott Bessent Rejects 'AI Bubble' Fears, Cites Broadening CapEx, Manufacturing Growth

Treasury Secretary Scott Bessent on Tuesday dismissed fears that the U.S. economy has become dangerously addicted to artificial intelligence (AI) spending, arguing instead that investment is poised to broaden into a wider industrial resurgence.

Benzinga

Dan Ives Drops His 'Top 10' Tech Stocks To Own 'In The AI Revolution' — Here Is The Full List

Wedbush senior analyst Dan Ives has published his “Top 10” tech stocks he believes are best positioned to lead “the AI revolution,” outlining why each company stands out as artificial intelligence becomes the global economy’s defining growth driver.

The Independent UK

Judge blasts immigration agents using ChatGPT to write ‘inaccurate’ reports

The judge noted factual discrepancies between law enforcement responses and body camera footage

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