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The Latest Breaking News from Artificial Intelligence

OpenAI Eyes Record $500 Billion Valuation In Employee Share Sale Amid AI Arms Race: Report

ChatGPT maker OpenAI is reportedly exploring a secondary stock sale that could value the artificial intelligence company at $500 billion, marking a significant jump from its current $300 billion valuation.

Benzinga

The digital economy could turbocharge our productivity, but we need to get the settings right

Data and new digital technologies such as artificial intelligence present an opportunity to get Australia back on the path to productivity growth.

The Conversation

Oracle Gains Wall Street Attention As Microsoft, Meta Fuel AI Infrastructure Boom

As artificial intelligence continues to reshape the tech landscape, major companies are ramping up investments to capitalize on this transformative trend.

Benzinga

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OpenAI Releases Free, Downloadable Models In Competition Catch-up

OpenAI on Tuesday released two new artificial intelligence (AI) models that can be downloaded for free and altered by users, to challenge similar offerings by US and Chinese competition.

International Business Times

Australia to take 'sensible, middle path' on AI control

Artificial intelligence has emerged as a potential answer to Australia's dwindling productivity but concerns have been raised over its impact on workers.

AAP

Why AI Is Making Insurance Agents More Essential Than Ever—Not Replacing Them

Artificial intelligence and digital tools are transforming the insurance landscape, but contrary to popular belief, technology isn't making human agents obsolete — it's making them more essential than ever.

Benzinga

Goldman Sachs Warns AI Is Already Displacing Young Tech Workers

Goldman Sachs (NYSE:GS) has highlighted the impact of artificial intelligence (AI) on the job market, especially affecting young tech workers.

Benzinga

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AI discovers new material that could transform batteries

Artificial intelligence has helped discover new materials that could transform batteries, scientists claim.

The Independent UK

McDonald's Bets Big On AI—From Smarter Orders To Personalized Apps Across 40,000 Worldwide Stores By 2027

McDonald’s (NYSE:MCD) has announced plans to significantly boost its artificial intelligence (AI) investments by 2027, with India playing a crucial role in its strategy.

Benzinga

Anthropic Injects AI With 'Evil' To Make It Safer—Calls It A Behavioral Vaccine Against Harmful Personality Shifts

Anthropic revealed breakthrough research using “persona vectors” to monitor and control artificial intelligence personality traits, introducing a counterintuitive “vaccination” method that injects harmful behaviors during training to prevent dangerous personality shifts in deployed models.

Benzinga

Demis Hassabis on our AI future: ‘It’ll be 10 times bigger than the Industrial Revolution – and maybe 10 times faster’

The head of Google’s DeepMind says artificial intelligence could usher in an era of ‘incredible productivity’ and ‘radical abundance’. But who will it benefit? And why does he wish the tech giants had moved more slowly?

The Guardian - UK

AI Search Pushing An Already Weakened Media Ecosystem To The Brink

Generative artificial intelligence assistants like ChatGPT are cutting into traditional online search traffic, depriving news sites of visitors and impacting the advertising revenue they desperately need, in a crushing blow to an industry already fighting for survival.

International Business Times

From AI To Emerging Markets: How 6 Pros Would Allocate $10K In Today's Market

Amid record-high markets, six Wall Street strategists shared where they would deploy $10,000 right now, identifying areas ranging from artificial intelligence to emerging markets, according to Business Insider.

Benzinga

Google AI summary feature deals blow to link clicks and website traffic

While Google's artificial intelligence feature reduces the rate at which users click on sites, adverts are now delivered in artificial intelligence summaries.

Euronews

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Benzinga

AI Surprises Bill Gates, Meta And Microsoft Unleash AI Tsunami And More: This Week In AI

The past week has been a whirlwind of tech news, with artificial intelligence (AI) taking center stage. From Bill Gates‘ surprising remarks about AI’s rapid progress to the massive investments in AI by tech giants Microsoft Corp. (NASDAQ:MSFT), Meta Platforms Inc. (NASDAQ:META), and Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL), it’s clear that AI is shaping the…

Benzinga

Consumer Tech News (July 28–August 1): Earnings From Apple, Microsoft, and Amazon Offset by Fed Jitters, Tariff Woes

Despite strong quarterly earnings from major tech firms, Wall Street ended the week lower as investor focus shifted to mounting macroeconomic risks.

Benzinga

Sam Altman Compares OpenAI To The Manhattan Project—And He's Not Joking About the Risks

OpenAI CEO Sam Altman delivered a striking metaphor during a recent appearance on Theo Von's "This Past Weekend" podcast, comparing the creation of advanced artificial intelligence systems to the development of the atomic bomb.

Benzinga

'I Don't Do Anything Other Than Working,' Says Perplexity CEO Aravind Srinivas As His $14 Billion AI Startup Challenges Tech Giants

Perplexity Chief Executive Officer Aravind Srinivas says speed and urgency are nonnegotiable as his artificial intelligence startup races tech giants.

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Benzinga

Bill Gates Warns AI Progress 'Surprises' Even Him—Unclear When It Will Replace Human Work

Microsoft Corp. (NASDAQ:MSFT) co-founder Bill Gates warned that artificial intelligence is advancing at a pace that “surprises” even him, creating uncertainty about when AI might replace human workers across industries.

Radio France Internationale

EU begins rollout of new AI rules with tech giants split on compliance

As major tech firms respond to the EU’s new AI code, Europe is taking its first big step towards regulating powerful artificial intelligence systems.

Benzinga

Tim Cook Says 'Apple Must Do This,' As He Compares AI To Internet, Smartphone Revolutions

Apple Inc. (NASDAQ:AAPL) CEO Tim Cook conducted a rare all-hands meeting at the company’s Cupertino, California, headquarters after the company's fiscal third-quarter earnings, emphasizing the importance of artificial intelligence as a pivotal opportunity for the tech giant.

The Independent UK

AI is already replacing thousands of jobs per month, report finds

The tech industry ‘is being reshaped by the advancement of artificial intelligence,’ firm says

The Independent UK

Apple hints it could be about to make major move in AI in latest results

Apple could be about to spend big to improve its artificial intelligence offering, chief executive Tim Cook has suggested as he revealed the company’s latest results.

Tom’s Hardware

Apple's Tim Cook 'very open to M&A that accelerates our road map' for AI' — company increasing spending on AI initiatives, reorganizing teams to address expansion

Lagging behind leading tech firms in artificial intelligence, Apple is ramping up internal efforts and actively pursuing acquisitions to accelerate its AI development, but at the same time keeping CapEx modest compared to peers like Google, Meta, and Microsoft.

TechRadar

Everyone wants to reach artificial general intelligence but why?

Everyone wants to reach artificial general intelligence but why? Here's what one AI expert thinks.

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