Over 200 researchers and economists, including 15 Nobel laureates, released a joint statement on Monday pleading with government and industry to address the economic and social impacts of artificial i…
U.S. manufacturing output was unchanged in June but grew at a 4.7% annualized rate in the second quarter, the fastest in five years, driven by AI investment and inventory accumulation amid Middle East…
Elon Musk's xAI is suing Grok user Terry Wayne Harwood from South Carolina for allegedly creating child sexual abuse material and non-consensual sexual imagery using the AI chatbot, according to a fed…
Indonesia is drafting amendments to its copyright law that would explicitly regulate artificial intelligence, granting copyright privileges to human creators using AI as a tool while excluding fully m…
Meta is reportedly planning a cloud business to sell access to AI computing power and models, extending its internal infrastructure into a commercial service for outside developers and enterprises, ac…
The Bank of Japan is expected to raise its real GDP growth forecast for fiscal 2026 above the current 0.5% projection, driven by AI-related demand and a weak yen, according to Reuters sources. The rev…
The EU ordered Google to open 11 Android features to rival AI services and share search data, aiming to boost competition with Google's Gemini AI. Google's general counsel Kent Walker warned the decis…
Warren Buffett said in a July 15 CNBC interview that he personally built Berkshire Hathaway's roughly $31 billion stake in Alphabet, calling his earlier failure to invest a mistake and noting Alphabet…
A regulatory filing by Chinese textile company Anhui Korrun disclosed that a fund tied to one of its subsidiaries invested 2.90 billion yuan for an indirect 0.8265% stake in DeepSeek, valuing the AI l…
SoftBank CEO Masayoshi Son dismissed concerns about an AI bubble as 'absurd' during his company's annual corporate conference in Tokyo, arguing that critics don't understand AI and predicting that AI …
Beijing and Washington are independently considering controls on AI model access, each shaped by the other side's capabilities. Reuters reported that Chinese authorities, led by the Ministry of Commer…
Blackstone-backed data centre operator AirTrunk is targeting a September or October launch for an initial public offering of a Singapore real estate investment trust that could raise about US$1.5 bill…
Elon Musk's xAI is suing South Carolina man Terry Wayne Harwood for allegedly using the company's Grok AI chatbot to generate and distribute child sexual abuse material (CSAM), bypassing safeguards an…
Meta faces a lawsuit from 26 former employees who allege the company's internal AI system unfairly targeted workers with medical conditions and disabilities for layoffs during a recent round of job cu…
PsiQuantum, a company founded in 2016 by four physicists from UK universities, plans to build the first useful quantum computer using light particles, housed in a room resembling a data center crossed…
Apple Intelligence has been approved by China's Cyberspace Administration, allowing the AI system to launch on iPhones in the country for the first time. The on-device generative AI service will use m…
Hong Kong's media industry risks missing financial and cultural opportunities by failing to invest in AI and data monetization, as international publishers like News Corp sign deals worth US$250 milli…
Twenty-six Meta employees are suing the company, alleging it used artificial intelligence systems to systematically target workers on protected medical and family leave during its May layoff of roughl…
SpaceXAI, the AI division of SpaceX, operates 59 unpermitted natural gas turbines near Memphis, Tennessee, disproportionately impacting Black communities, according to a Reuters report. The turbines p…
26 former Meta employees filed a lawsuit accusing the company of using its internal AI platform "Checkpoint" to select workers for layoffs based on opaque productivity metrics and LLM token usage, dis…