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The Latest Breaking News from Artificial Intelligence

World risks 'losing control of technology' without AI governance, Chinese PM warns

Chinese Premier Li Qiang on Wednesday warned of "serious consequences" if governments fail to step up regulation of artificial intelligence as he addressed the World Economic Forum in Dalian known as the "summer Davos".

France 24

Teen Entrepreneur Earns ₹1 Crore a Month from AI Business, Inspires Social Media

A remarkable story of a 19-year-old entrepreneur reportedly earning around ₹1 crore per month from an artificial intelligence (AI) business has captured widespread attention online, sparking admiration, disbelief, and self-reflection among social media users.

Whats Hot

India among top AI-ready nations, one of world's least concentrated equity markets: J.P. Morgan

India has emerged as one of the top countries in artificial intelligence (AI) readiness, trailing only the U.S. and China, while remaining one of the world's least concentrated equity markets, according to a recent report by J.P. Morgan.

The Economic Times

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Why Google Lost $270 Billion in Just One Day

How does one of the world's most powerful companies lose nearly $270 billion in market value in a single day even when its business is growing? That's the question investors around the world were asking after Alphabet, Google's parent company, suffered one of its biggest stock market drops in years.…

MyLifeXP

The AI trap: firms buy too much tech, too little talent

More businesses are investing in artificial intelligence to boost productivity but a leading tech firm says they are not all getting investments right.

AAP

HP builds edge AI device structure

HP is capitalising the rise of edge artificial intelligence (AI) to redefine the enterprise PC as a local hub for automation, security and IT management.

Bangkok Post

MoEngage acquires AI startup Aampe in first acquisition; eyes more deals in US, Europe

Customer engagement platform MoEngage has acquired AI startup Aampe, bolstering its artificial intelligence capabilities. MoEngage cofounder and chief executive Raviteja Dodda said the company is evaluating more inorganic growth opportunities, particularly in markets such as the US and Europe.

The Economic Times

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Pentagon shock as AI system breaks into secret government networks during test, official confirms

A U.S. official says one of Anthropic’s artificial intelligence models identified vulnerabilities in highly sensitive and secure U.S. government computer systems during a testing exercise

The Independent UK

B20m AI platform targets universities

The Ministry of Higher Education, Science, Research and Innovation (MHESI) and the National Science and Technology Development Agency (NSTDA) have co-invested 20 million baht to launch the home-grown "ABDUL Uni" artificial intelligence (AI)-based higher education platform, which serves as a teaching assistant to support personalised learning for students.

Bangkok Post

UN chief calls on AI firms to 'come clean' on environmental costs

As Europe swelters under a major heatwave, the high energy consumption of artificial intelligence has come into the spotlight. At a climate conference in London, UN Secretary General Antonio Guterres called on AI companies to disclose the environmental impact of their systems. Plus, Iran rejects the US’s claim that any…

France 24

AI Memory Startup Engram Raises $98 Million As It Seeks To Slash Token Costs

AI memory startup Engram has raised $98 million from a powerhouse group of investors as it seeks to reduce the cost of tokens.

International Business Times

Indie publishers gather for 3rd Pubpeab Zine Fair

Pubpeab Zine Fair returns for its third edition at GalileOasis on July 4 and 5, inviting print lovers to get their hands dirty making fanzines in the age of artificial intelligence.

Bangkok Post

7 Advisor Red Flags to Watch When Retirement Advice Involves AI or Crypto

Retirement planning has entered a flashy new era where artificial intelligence tools and cryptocurrency strategies often take center stage. Exciting promises about smarter investing and faster returns can sound impressive, especially when they come packaged in sleek dashboards or confident pitches. But retirement savings deserve careful protection, not high-pressure experiments…

The Free Financial Advisor

Global M&A Deal Value Set For Strongest Year Since 2021 As AI Drives Megadeals

Despite geopolitical tensions and economic uncertainty, large corporate takeovers continued to gather pace across the technology sector, according to a new report.

International Business Times

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AI Memory Shortage Pushes Micron Into the Market Spotlight

For the first time in its history, Micron briefly surpassed a $1 trillion market capitalization, a milestone that may prove to be one of the clearest financial symbols of the new AI economy. Just a few years ago, GPU manufacturers such as Nvidia were seen as the primary beneficiaries of…

International Business Times UK

After Record Layoffs, AI is Now Eliminating the Entry-Level Roles Graduates Need Most

AI is transforming entry-level roles in consulting and tech, potentially disrupting traditional career paths for graduates.

International Business Times

Five Eyes Spy Alliance Warns Advanced AI Models Are Outpacing Existing Cyber Defenses

Advanced artificial intelligence models are evolving rapidly enough that assumptions underpinning cybersecurity defenses may become outdated within months rather than years, according to the Five Eyes alliance.

Barchart

Coinbase Is Offering Pre-IPO Perpetual Futures on OpenAI and Anthropic. That’s Better News for COIN Stock Than It Is for You.

The gap between digital assets and traditional public company stocks has been narrowing, and recently, that trend has been accelerating. On Monday, Coinbase (COIN) officially launched pre-IPO perpetual futures contracts tied to artificial intelligence heavyweights OpenAI and Anthropic, following its earlier rollout of a similar vehicle for the recently public…

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MarketBeat

Micron’s Sudden Plunge May Be an AI Buying Chance

Micron Technology secures an artificial intelligence partnership with Anthropic to drive future growth and solidify its foundational memory leadership.

MarketBeat

SpaceX Valuation Loses Altitude as AI Risks Mount

Aggressive equity dilution and severe data center cash burn are forcing investors to rapidly reprice the dominant monopoly driving the commercial space sector.

The Independent UK

How a giant ‘disco ball’ could turn Kazakhstan into an unlikely AI superpower

IN FOCUS: The president of the former Soviet Republic describes artificial intelligence adoption as a ‘matter of national survival’. Anthony Cuthbertson reveals why Kazakhstan is going all in on AI

The Independent UK

AI companies should release environmental impact, commit to clean energy, says UN chief

United Nations Secretary-General António Guterres is calling on artificial intelligence companies to release information about the carbon, water and land used to power their systems

International Business Times UK

Google Loses Top AI Talent to Rivals as Alphabet Suffers Worst Stock Drop in Over a Year

Alphabet's shares plummet by 5% as key AI figures Noam Shazeer and John Jumper depart for rivals, sparking investor concerns over Google's AI strategy and $264 billion market value loss.

The Independent UK

AI chatbots hit the dating scene as singles ‘outsource’ their love life

The marriage of AI with the highly lucrative dating industry was likely inescapable

MyLifeXP

How AI Is Secretly Changing Your Bank Account

What if your bank could spot a scam before it happened? What if a loan could be approved in minutes, even if you had never taken credit before? And what if your insurance premium could adjust to your lifestyle in real time? This is no longer a futuristic dream. Across…

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