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The Latest Breaking News from Artificial Intelligence

The $132 Billion Infrastructure Pivot You Might Have Missed

Advanced Micro Devices and Intel Corporation are positioned to capitalize on the massive expansion of legacy server compute infrastructure.

MarketBeat

Michael Burry’s AI crash warning grows louder: Is Nvidia-driven hype and record venture capital funding pushing Wall Street toward another dot-com disaster?

Michael Burry’s AI bubble warning is shaking Wall Street after fresh data showed 87% of venture capital funding now flows into artificial intelligence companies. The “Big Short” investor compared today’s AI investment boom to the dangerous dot-com bubble before the 2000 market crash. Burry warned that rising AI debt, aggressive…

The Economic Times

BingX Becomes First Exchange to Offer OpenAI Pre-IPO Airdrop

PANAMA CITY, May 19, 2026 /PRNewswire/ -- BingX, a leading cryptocurrency exchange and Web3-AI company, today launched OpenAI pre-IPO airdrop campaign on its platform, expanding user access to private-market exposure tied to one of the world's most prominent artificial intelligence companies. The campaign marks BingX as the first exchange to…

AAP

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Palantir Faces a Bigger Threat Than Valuation: AI Labs Like Anthropic and OpenAI Are Disrupting the PLTR Stock Story

Palantir's artificial intelligence platform relies on foundational models like those from Anthropic and OpenAI, raising questions about who deserves a better valuation.

Barchart

Rewiring AI: NextEra Energy Sparks a Mega Merger

NextEra Energy is acquiring Dominion Energy to secure essential grid infrastructure and power the expansion of artificial intelligence across the nation.

MarketBeat

Meta layoffs to start from tomorrow: which teams will be affected? Here's the breakdown

Meta layoffs tomorrow: Meta is initiating a significant round of layoffs, impacting approximately 10% of its global workforce, as it restructures to prioritize artificial intelligence workflows. This strategic shift involves transferring around 7,000 employees into new AI-focused initiatives and adopting flatter organizational structures to enhance efficiency and decision-making.

The Economic Times

Workday to keep expanding Indian workforce, deepen AI investments, executive says

Workday plans to continue its rapid hiring in India. The company is increasing investments in artificial intelligence and opening new offices. India's skilled workforce and lower costs make it attractive for global capability centers. Workday's headcount in India has already doubled. AI is automating tasks for customers, speeding up processes…

The Economic Times

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Abu Dhabi's $13 billion AI strategy to build world’s first fully automated government

Abu Dhabi has announced a major transformation plan that aims to make it the world’s first fully AI-native government across all digital services by 2027, according to the Department of Government Enablement. This is a part of the Abu Dhabi Government Digital Strategy planned from 2025 to 2027. The strategy…

The Times of India

Amii Fuels Canada’s AI Momentum as Upper Bound Opens with 53% Growth and 11,000 Global Attendees

EDMONTON, Alberta, May 19, 2026 (GLOBE NEWSWIRE) -- Amii (Alberta Machine Intelligence Institute) today officially opens the fifth annual Upper Bound, the premier AI conference that has surpassed all projections to become a cornerstone of the global AI calendar. Welcoming 11,000 researchers, business leaders, and policymakers representing 22 countries, the…

AAP

Nobel-winning AI giant Demis Hassabis was early Anthropic investor: FT

Demis Hassabis, founder of Google's DeepMind, was an early investor in AI firm Anthropic. This revelation highlights his significant role in the global artificial intelligence race. Anthropic, known for its Claude model, has secured major deals with tech giants like Google and Amazon.

The Economic Times

Sridhar Vembu says prepare for tough times as economic picture is getting grimmer, warns AI hype may not last long

Zoho founder Sridhar Vembu warns of a grim economic future. He believes artificial intelligence alone cannot solve deep-rooted issues. Vembu urges everyone to prepare for challenging times ahead. He notes the global economic order is weakening. The world faces a difficult phase, and preparedness is key.

The Economic Times

FED:Climate agencies to ask AI to predict future disasters

Artificial intelligence could play a major role in predicting natural disasters around Australia but authorities warn they do not understand it well enough.

AAP

Climate agencies to ask AI to predict future disasters

Artificial intelligence could play a major role in predicting natural disasters around Australia but authorities warn they do not understand it well enough.

AAP

Standard Chartered to cut over 7,000 jobs as bank steps up AI adoption

HONG KONG — Standard Chartered plans to cut more than 7,000 jobs over the next ‌four years as it boosts adoption of artificial intelligence (AI) while targeting growth.

Bangkok Post

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MarketBeat

Cognizant Technology Solutions Sees AI ‘Bridge’ as Next Big IT Services Growth Driver

Cognizant Technology Solutions (NASDAQ:CTSH) CEO Ravi Kumar S said the company sees artificial intelligence as an expanding opportunity for IT services providers, arguing that enterprises need help turning rapidly advancing AI capabilities into operational value. Speaking at a company news event, K

The Economic Times

Kyle Su's Kuark Capital launches $400 million Asia tech-focused hedge fund

Kuark Capital is launching a new hedge fund. It has raised over $400 million. The fund will focus on Asian artificial intelligence stocks. Taiwan and Japan are key markets. The strategy involves a low-net equity long-short approach. This aims to manage market volatility. Investor interest in Asian AI firms is…

The Economic Times

China market for Nvidia AI chips to open 'over time': CEO Jensen Huang

Nvidia boss Jensen Huang expects China to eventually open its market to high-end US chips that can train and run artificial intelligence systems. "My sense is that over time the market will open," added Huang, CEO of Nvidia - the world's most valuable company, due to huge demand for its…

MarketBeat

Cellebrite DI Sees Federal Rebound as AI, Defense Tools Fuel New Growth

Cellebrite DI (NASDAQ:CLBT) executives said the digital investigations company is seeing renewed momentum in government demand, international markets and new product categories, including artificial intelligence and defense-focused capabilities, during a JPMorgan cybersecurity and DevOps event hoste

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MarketBeat

CarGurus Pushes Beyond Leads With AI, Inventory Tools and Global Expansion

CarGurus (NASDAQ:CARG) Chief Executive Jason Trevisan said the company is accelerating product development across dealer and consumer offerings, with inventory tools, artificial intelligence and international expansion among the key areas of focus. Speaking at a JPMorgan event hosted by analyst Raj

Kiplinger

California Leads the Charge as Privacy Fines Soar

State privacy fines keep climbing and many businesses are unprepared. Artificial intelligence laws are accelerating the trend.

The Guardian - UK

Third of university students in Great Britain think AI job losses will cause social unrest, poll finds

Tracker of attitudes towards artificial intelligence also finds almost half of the public would prefer to avoid it

MarketBeat

Agilysys Q4 Earnings Call Highlights

Agilysys (NASDAQ:AGYS) reported record fourth-quarter and full-year fiscal 2026 results, with management pointing to strong subscription demand, improved implementation capacity and growing use of artificial intelligence across its hospitality software platform as key drivers of momentum. President

The Conversation

A key science publishing platform is cracking down on AI slop

The pre-print website arXiv has announced that researchers who put their names to papers which included errors clearly generated by artificial intelligence (AI) will face a year-long ban and ongoing restrictions.

Budget and the Bees

Deepfake Dating Scams Are Here: AI-Generated Photos and Cloned Voices Are Tricking Women — How to Spot the Red Flags

Online dating has always carried risks, but deepfake dating scams are changing the game in ways many people never expected. Scammers are now using artificial intelligence to create fake profile photos, cloned voices, and even realistic video calls that make fictional people appear completely real. According to recent reports, Americans…

France 24

Musk loses landmark lawsuit against OpenAI after jury finds he filed his claim too late

The world's richest man Elon Musk lost his blockbuster lawsuit against artificial intelligence giant OpenAI on Monday, with a federal jury finding that the tycoon had waited too long to bring his case forward. The trial saw some of the most powerful figures in Silicon Valley go head-to-head with their…

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