News
Important shifts and updates across AI, technology and business.
Nobel Laureate: AI won’t revive rapid economic growth
Nobel laureate Christopher Pissarides warns that AI is unlikely to bring back rapid productivity growth in Western economies.NVIDIA and Hugging Face Unveil Groundbreaking Robotics Tools for Developers
NVIDIA and Hugging Face are enhancing the LeRobot platform with new models and frameworks, streamlining robotics development for the open-source community.China enforces new AI companion regulations, impacting major players
Starting July 15, new regulations in China will require AI companion services like Doubao and Qwen to remove personalized agent features. The rules aim to regulate user…Apple Revives Card Payments for Indian Users After Four-Year Break
Apple is rolling out card payment options for users in India, allowing purchases for subscriptions and apps after a four-year suspension due to regulatory changes.UK watchdog sounds alarm on AI arms race in finance
UK regulators are racing to keep pace with AI’s rapid integration into financial services, warning of both risks and opportunities for consumers.Microsoft Cuts Nearly 5,000 Jobs Amid AI Shift
Microsoft’s recent layoffs of nearly 5,000 employees reflect a shift in focus towards AI, impacting its Xbox and commercial sales teams.Reddit Fights AI-Driven Marketing Spam with Its Own AI
Reddit is leveraging its own AI to tackle deceptive marketing practices that exploit its platform for chatbot content.JADEPUFFER marks a new era in ransomware with autonomous database attacks
Sysdig’s latest report reveals JADEPUFFER, the first known instance of agentic ransomware that operates autonomously. Utilizing a large language model (LLM), it successfully…Singapore Intensifies Nvidia Chip Fraud Crackdown
Singapore has filed fresh charges against a suspect in an Nvidia chip fraud case, ramping up efforts to prevent illegal chip diversion.Microsoft bets big on AI with new $2.5 billion venture
Microsoft announces a new venture focused on enterprise AI deployments, supported by a substantial $2.5 billion investment.Meta’s New App Pocket Lets Users Create Mini Games with AI
Meta’s new app Pocket enables users to create and share mini games through AI prompts, expanding its gaming portfolio.