JPMorgan Chase CEO Jamie Dimon told analysts during the company's second-quarter earnings call that artificial intelligence has already eliminated 30 to 40 percent of jobs in some divisions of the ban…
Google DeepMind CEO Demis Hassabis published a manifesto on Tuesday calling for a US-led AI Standards Body modeled on Wall Street regulator FINRA to test frontier AI models before release, with the po…
Nscale's £2bn AI data centre in Loughton, Essex, cannot open on schedule because the National Grid cannot deliver the 90-megawatt connection in time, forcing the company to seek on-site generation. Th…
A dozen nurses at Montefiore hospital in the Bronx were laid off and replaced by AI software that handles utilization review, according to the New York State Nurses Association. Separately, a former M…
Microsoft's greenhouse-gas emissions rose 25.1% in the last financial year, from 16.2 million to 20.3 million tonnes, moving the company further from its 2030 carbon-negative pledge. The jump is partl…
Meta is pushing advertisers to use its AI ad tools, but a Business Insider investigation found the tools generating gibberish copy, mangled limbs, and inaccurate product images. Eight advertisers and …
Flex raised $70 million in a Series B1 round led by Ryan Smith's Halo fund, bringing its total equity to $180 million, to expand its AI-native private bank for high-net-worth business owners globally.…
New York Governor Kathy Hochul imposed a one-year moratorium on large new data centers drawing 50 megawatts or more, making New York the first US state to halt such construction. The freeze, enacted v…
Richard Sutton, co-winner of the 2024 Turing Award for founding modern reinforcement learning, announced Monday he is leaving John Carmack's startup Keen Technologies to launch his own AI startup, Oak…
Tower Semiconductor will spend roughly $3bn expanding its 300mm operations in Japan, net of about $1bn in grants from the Japanese government, to boost production of optical components for AI data cen…
OpenAI asked a federal judge in California to rule that xAI's trade secrets lawsuit should never have been filed and to make Elon Musk's company cover more than $1 million in legal expenses, hours aft…
Liang Wenfeng, founder of DeepSeek, is now the wealthiest AI founder with a net worth of about $36bn, surpassing Anthropic's Dario Amodei and OpenAI's Greg Brockman, according to the Bloomberg Billion…
Finland's NestAI, a Helsinki-based AI lab founded in 2025 and backed by Nokia and the Finnish state, signed a letter of intent with Finland's Ministry of Defence and the Estonian Defence Forces on Jun…
Intel is investing €5bn ($5.7bn) to upgrade its Leixlip campus in Ireland, adding leading-edge equipment and automated track systems to boost production of Intel 3 silicon for Xeon 6 processors and fu…
Masayoshi Son, CEO of SoftBank, said Tuesday at the company's annual corporate conference in Tokyo that building artificial intelligence will cost $5 trillion per year by 2040, calling bubble talk 'ab…
The White House is preparing an event within weeks where electric utilities, data-center operators, and governors will be asked to sign a voluntary pledge ensuring AI-driven energy costs are not passe…
Thomson Reuters is cutting up to 500 engineering jobs, roughly 1.8% of its global workforce of 27,100, as it shifts focus to artificial intelligence across its legal, tax, and regulatory products. The…
Canada's banking regulator, the Office of the Superintendent of Financial Institutions (OSFI), named Anthropic's Claude Mythos in an April email to bank technology chiefs, warning that advanced AI mod…
Google has added Gemini-powered features to Waze, including a 'less chatty' mode that reduces voice prompts, motorcycle mode for two-wheeler routes, conversational map editing, and Gemini-powered dest…
Intel is investing 5 billion euros ($5.7 billion) to expand its Leixlip campus in Ireland, focusing on Fab 34, one of the few EUV-capable facilities in Europe. The spending, roughly 30% of Intel's 202…