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Japan tech giant SoftBank Group sees better fortunes on surging AI stocks

Japanese technology conglomerate SoftBank Group has reported a $2.9 billion profit for the April-June quarter, rebounding from a loss a year earlier, as its investments benefited from the craze for artificial intelligence

The Independent UK

Google Pledges $1 Billion For AI Training At US Universities, Aims To Expand Globally

In a strategic move, Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) subsidiary Google has committed $1 billion to provide artificial intelligence (AI) offering educational resources and technical assistance to U.S. colleges and nonprofits.

'Zuck Poaching Effect' Pushes OpenAI To Announce $1.5 Million Bonus For All Employees—Even New Hires, Says Tech Entrepreneur

'Zuck Poaching Effect' Pushes OpenAI To Announce $1.5 Million Bonus For All Employees—Even New Hires, Says Tech Entrepreneur

OpenAI has reportedly offered $1.5 million bonuses for every employee over two years, including new hires, as the artificial intelligence giant battles Meta Platforms Inc. (NASDAQ:META) and other tech titans in a talent war.

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Nikhitha Pesaru: Transforming Banking Data Solutions with Artificial Intelligence, Data Architectures, and Cloud Technologies

In an era where digital transformation and data are the lifeblood of financial institutions, Nikhitha Pesaru stands out as a pioneering leader in AI-driven banking product solutions, scalable data architectures, and advanced cloud technologies.

International Business Times

From chatbot apocalypse to a bespoke romance about the family cat: Edinburgh gets creative with AI

A tech twist on Hamlet, a glimpse into a catastrophic future and a uniquely personalised tale of societal breakdown immerse fringe audiences in the haunting uncertainty of artificial intelligence

The Guardian - UK

How states are placing guardrails around AI in the absence of strong federal regulation

U.S. state legislatures are where the action is for placing guardrails around artificial intelligence technologies, given the lack of meaningful federal regulation. The resounding defeat in Congress of a proposed moratorium on state-level AI regulation means states are free to continue filling the gap.

The Conversation

This Is How To Use AI To Shop and Save Money, According to George Kamel

George Kamel, who regularly uses AI tools, shared the smart way to leverage artificial intelligence for better purchases without losing control of your wallet.

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“When the bubble bursts, the grandiose claims about the technology will be shown to be massively overblown”: AI in music production –where should we draw the line?

“When the bubble bursts, the grandiose claims about the technology will be shown to be massively overblown”: AI in music production –where should we draw the line?

Artificial intelligence is fast becoming an unignorable presence in the world of music-making. How can we use it ethically – and should artists and producers be worried?

UK construction activity shrinks by most in five years; Trump imposes extra 25% tariff on India – as it happened

UK construction activity shrinks by most in five years; Trump imposes extra 25% tariff on India – as it happened

Britain’s building sector records biggest drop in activity since early in Covid-19 pandemic

The Guardian - UK

Australia shouldn't try to reinvent the AI wheel

Australia shouldn't try to reinvent the AI wheel

Australian companies should boost productivity by using existing artificial intelligence tools rather than trying to create sovereign models, a US expert says.

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

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.

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

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

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.

OpenAI Releases Free, Downloadable Models In Competition Catch-up

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

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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.

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.

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.

The Independent UK

AI discovers new material that could transform batteries

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

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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.

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.

The Guardian - UK

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?

International Business Times

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.

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.

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.

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…

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