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The Latest Breaking News from Artificial Intelligence

Altera returns to growth as AI, robotics fuel demand, CEO says

Altera, a chip maker spun from Intel, is experiencing significant annual growth. The company anticipates strong performance driven by artificial intelligence and robotics applications. Altera is also preparing for a potential public listing in the near future. They have reduced reliance on Intel and are using advanced memory technology. This…

The Economic Times

Music industry launches AI-generated content labels

Music organisations have introduced a voluntary labeling system for AI-generated content. This system aims to inform listeners about the use of artificial intelligence in music. Two labels will distinguish between fully AI-generated and AI-assisted recordings. Streaming services are closely monitoring this development for enhanced transparency. The proposed labels seek broad…

The Economic Times

Apple sues OpenAI, alleging artificial intelligence company stole trade secrets

Suit claims OpenAI poached Apple workers, coaxing them to share confidential material in bid to create hardware

The Guardian - US

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Apple files lawsuit accusing ChatGPT maker OpenAI of stealing trade secrets

Apple on Friday accused OpenAI of stealing trade secrets as it seeks to build its own hardware for ChatGPT, a major rupture in a partnership between the iPhone maker and the artificial intelligence company

The Independent UK

Trump Appointed Kevin Warsh as the Federal Reserve Chairman. Now He's Assembling an AI Taskforce

Federal Reserve Chairman Kevin Warsh has assembled a new artificial intelligence task force whose members believe that AI has the potential to reshape the U.S. economy in ways that could benefit government and industry.

International Business Times

Deepfakes and Fake AI ‘Breakthroughs’: The Investment Scams the SEC Is Now Targeting

Artificial intelligence has created some incredible tools, but it has also created a shiny new playground for scammers wearing digital disguises. Fake videos, cloned voices, and flashy claims about “revolutionary” AI companies are becoming part of a new generation of investment tricks designed to make money disappear faster than a…

The Free Financial Advisor

The Week Ahead (July 13-19): Fed Chair Warsh to Testify Before Congress

ByteDance and Alibaba to take their personalized AI agent features offline; Shanghai to host the 2026 World Artificial Intelligence Conference

Caixin Global

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Wall Street's AI Trade Is Starting To Shift As Chip Stocks Lose Momentum. Software Shares Are Regaining Ground

One of Wall Street's most popular technology trades is beginning to reverse as investors move back into software companies after months of heavy selling while taking profits in semiconductor stocks that have led the artificial intelligence rally this year.

International Business Times

SK Hynix hits the U.S. stock market as demand for memory chips soars amid AI frenzy

SK Hynix, one of the world’s largest makers of memory chips, is hitting the U.S. stock market at a time when demand for its chips is far outpacing its ability to make them thanks to the frenzy over artificial intelligence

The Independent UK

Howard Lutnick Tells Samsung and SK Hynix They Have 'No Choice' but to Build US AI Memory Fabs— and Micron's CEO May Not Be Happy

In a direct push to secure America’s artificial intelligence hardware pipeline, U.S. Commerce Secretary Howard Lutnick has publicly pressured South Korean semiconductor giants Samsung Electronics and SK Hynix Inc. (NASDAQ:SKHY) to construct local AI memory fabs.

Benzinga

AI Companies Are Spending Millions To Shape Elections. Now The Biggest Fight Is Over Who Writes The Rules For AI.

Washington is facing growing pressure to establish nationwide AI rules amid rising concerns over national security, misinformation, and the technology's rapid adoption.

International Business Times

Brazil: Sao Paulo's AI surveillance system accused of racial profiling

Under the guise of fighting crime, Sao Paulo has rolled out the world's largest facial recognition system operated by a city. India, China, Hong Kong and the United Kingdom have introduced similar technologies under vague legal frameworks. But no city has embraced surveillance on the same scale as Sao Paulo,…

France 24

Taiwanese chipmaker Nanya plans $6 billion in spending in 2027, riding AI boom

Taiwanese memory chipmaker Nanya Technology plans substantial capital spending next year. This increased investment is driven by soaring demand for memory chips. The company's revenue and net income saw significant surges in the second quarter. Artificial intelligence is underpinning a stronger long-term outlook for the memory industry. Global memory makers…

The Economic Times

Employees adopting AI faster than organisations, says McKinsey survey

While artificial intelligence (AI) has emerged as the top technology spending priority for many organisations, most are still at an early stage of AI deployment, with employees adapting to the technology faster than the organisations they work for, according to a McKinsey survey. The survey said leaders are introducing AI…

The Economic Times

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The Economic Times

United States immigration paperwork gets AI boost, promises petitions in under 30 minutes

A new artificial intelligence platform now offers faster US immigration petition preparation. This technology promises to reduce preparation time to under thirty minutes. The platform automates document processing and information extraction for USCIS petitions. It allows users to store documents and create new petitions efficiently. This innovation aims to simplify…

International Business Times UK

Revealed: Secret US Artificial Intelligence Drones Are Helping Ukraine Trap Russia in Crimea

Ukraine is using advanced US surveillance technology and AI to disrupt Russian supply lines, aiming to isolate a critical peninsula and shift the conflict's balance of power.

The Economic Times

Global Market: Sovereign wealth funds pivot to strategic investments as AI takes centre stage

Sovereign wealth funds are increasingly prioritising national strategic goals over pure financial returns, with artificial intelligence and semiconductors emerging as key investment areas. Backed by governments, these funds are making fewer but significantly larger investments to strengthen technological leadership, supply chains and long-term economic resilience.

Euronews

Kazakhstan bets on global tech investors for AI infrastructure as net FDI tops €130 billion

Kazakhstan is looking to attract the next wave of foreign investment by positioning itself as a regional hub for artificial intelligence and digital infrastructure.

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Benzinga

Morgan Stanley Says AI Productivity Boom Could Keep Interest Rates Above Post-2008 Levels

Morgan Stanley (NYSE:MS) said Thursday that artificial intelligence (AI) could keep U.S. interest rates above post-2009 financial crisis levels if the technology boosts productivity without triggering widespread job losses.

The Economic Times

Adani flagship is the next big India pick for Singapore’s Helios

Helios Capital Management is investing in Adani Enterprises, seeing potential in India's overlooked market. The asset manager bought shares, citing Adani's improving legal standing and business ventures. Adani plans significant investments in data centers and digital expansion, leveraging its energy assets. This move positions Adani as a proxy for India's…

Benzinga

Fed Chair Kevin Warsh Bets on AI, Taps Marc Andreessen and Xbox CEO Asha Sharma to Help 'Inform' Future Fed Policy

Federal Reserve chair Kevin Warsh has assembled a high-profile group of AI advocates to help evaluate how artificial intelligence could reshape the U.S. economy and influence future monetary policy.

The Economic Times

Raghuram Rajan, Karen Dynan to co-lead Fed task force reviewing central bank's $6.7 trillion balance sheet

Federal Reserve Chair Kevin Warsh announced five task forces to suggest operational changes. These groups will include prominent economists and business leaders from various fields. One task force will examine artificial intelligence's impact on productivity and jobs. Another will focus on evaluating the central bank's data sources. These efforts aim…

The Conversation

Australia’s government has woken up to the risks of AI. More ambition is needed

This week, Andrew Charlton, the federal assistant minister for science and technology, issued a stark warning about artificial intelligence (AI).

The Economic Times

Starbucks taps tech's wonder kid and serves Microsoft, IBM a cold brew

Starbucks is developing artificial intelligence tools internally to replace existing software. These new applications could replace systems currently bought from Microsoft and IBM. The coffee chain aims to reduce significant annual spending on software licenses. Some of these AI-powered tools may be implemented by the end of next year. This…

Benzinga

Trump Says ‘I Don’t Like Anything That’s Artificial’ — So He Wants To Change The Name AI, ‘It’s Genius. It’s Pure Genius’

Some people debate what artificial intelligence can do. President Donald Trump decided to debate what it should be called.

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