The White House unveils a plan to 'win' the global AI race by reversing regulations, drawing criticism and concerns from experts. Trump's AI Action Plan aims to boost innovation and economic growth but faces pushback over potential risks and ethical implications.

Two popular AI coding tools wiped out user data after a series of errors, leading to significant data loss and frustration among users. The incident occurred due to cascading mistakes made by the tools, resulting in the deletion of real user data. The developers of the tools acknowledged the issue and are working to prevent similar incidents in the future.

Google is experimenting with a new vibe-coding tool named Opal, accessible in the U.S. via Google Labs, enabling users to swiftly develop web apps with minimal prompts. The tool aims to simplify the process of creating web applications for users. Opal is part of Google's efforts to innovate in the realm of app development tools.

Sam Altman highlights the absence of a legal framework for AI, warning that using ChatGPT as a therapist does not offer legal confidentiality. This raises concerns about privacy and the need for regulations to protect sensitive information shared during AI interactions.

OpenAI is set to unveil GPT-5 in August, a new AI model that combines advanced reasoning capabilities with the general language processing prowess of its predecessors. The model is expected to significantly enhance AI capabilities and potentially set new benchmarks in the field. The launch of GPT-5 marks a milestone in AI development, offering promise for even more sophisticated applications and advancements in the future.

Meta has named Shengjia Zhao, a former co-creator of OpenAI GPT-4, as the Chief Scientist of its Superintelligence Labs, showcasing its commitment to invest heavily in emerging technologies. This move aligns with Meta's strategy to solidify its position in the evolving tech landscape. Zhao's expertise will likely play a crucial role in advancing Meta's superintelligence research and development efforts.

InMobi Pte, a mobile advertising platform backed by SoftBank, is targeting a $1 billion initial public offering in India, sources revealed. The company aims to raise significant funds through this IPO, which could have a major impact on the Indian tech and advertising industries.

During a keynote speech at a summit, President Trump spoke about eliminating 'woke' culture and discussed copyright issues in his new AI Action Plan. His remarks come amidst ongoing debates on the role of AI in society and concerns about intellectual property rights in the technology sector.

Google CEO Sundar Pichai expresses enthusiasm for the partnership between Google Cloud and OpenAI, following questions about AI's impact on the search business. The collaboration aims to harness AI technology for various applications, with Google investing an additional $10 billion in this effort.

President Trump contemplated breaking up Nvidia Corp. to boost competition in AI chips, but was informed it would be a challenging task. The realization of the difficulty in disrupting the tech giant led to abandoning the idea of a breakup, highlighting the complexities of fostering competition in the tech industry.