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The Latest Breaking News from Artificial Intelligence

Climate agencies to ask AI to predict future disasters

Artificial intelligence could play a major role in predicting natural disasters around Australia but authorities warn they do not understand it well enough.

AAP

Standard Chartered to cut over 7,000 jobs as bank steps up AI adoption

HONG KONG — Standard Chartered plans to cut more than 7,000 jobs over the next ‌four years as it boosts adoption of artificial intelligence (AI) while targeting growth.

Bangkok Post

Cognizant Technology Solutions Sees AI ‘Bridge’ as Next Big IT Services Growth Driver

Cognizant Technology Solutions (NASDAQ:CTSH) CEO Ravi Kumar S said the company sees artificial intelligence as an expanding opportunity for IT services providers, arguing that enterprises need help turning rapidly advancing AI capabilities into operational value. Speaking at a company news event, K

MarketBeat

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Kyle Su's Kuark Capital launches $400 million Asia tech-focused hedge fund

Kuark Capital is launching a new hedge fund. It has raised over $400 million. The fund will focus on Asian artificial intelligence stocks. Taiwan and Japan are key markets. The strategy involves a low-net equity long-short approach. This aims to manage market volatility. Investor interest in Asian AI firms is…

The Economic Times

China market for Nvidia AI chips to open 'over time': CEO Jensen Huang

Nvidia boss Jensen Huang expects China to eventually open its market to high-end US chips that can train and run artificial intelligence systems. "My sense is that over time the market will open," added Huang, CEO of Nvidia - the world's most valuable company, due to huge demand for its…

The Economic Times

Cellebrite DI Sees Federal Rebound as AI, Defense Tools Fuel New Growth

Cellebrite DI (NASDAQ:CLBT) executives said the digital investigations company is seeing renewed momentum in government demand, international markets and new product categories, including artificial intelligence and defense-focused capabilities, during a JPMorgan cybersecurity and DevOps event hoste

MarketBeat

CarGurus Pushes Beyond Leads With AI, Inventory Tools and Global Expansion

CarGurus (NASDAQ:CARG) Chief Executive Jason Trevisan said the company is accelerating product development across dealer and consumer offerings, with inventory tools, artificial intelligence and international expansion among the key areas of focus. Speaking at a JPMorgan event hosted by analyst Raj

MarketBeat

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California Leads the Charge as Privacy Fines Soar

State privacy fines keep climbing and many businesses are unprepared. Artificial intelligence laws are accelerating the trend.

Kiplinger

Third of university students in Great Britain think AI job losses will cause social unrest, poll finds

Tracker of attitudes towards artificial intelligence also finds almost half of the public would prefer to avoid it

The Guardian - UK

Agilysys Q4 Earnings Call Highlights

Agilysys (NASDAQ:AGYS) reported record fourth-quarter and full-year fiscal 2026 results, with management pointing to strong subscription demand, improved implementation capacity and growing use of artificial intelligence across its hospitality software platform as key drivers of momentum. President

MarketBeat

A key science publishing platform is cracking down on AI slop

The pre-print website arXiv has announced that researchers who put their names to papers which included errors clearly generated by artificial intelligence (AI) will face a year-long ban and ongoing restrictions.

The Conversation

Deepfake Dating Scams Are Here: AI-Generated Photos and Cloned Voices Are Tricking Women — How to Spot the Red Flags

Online dating has always carried risks, but deepfake dating scams are changing the game in ways many people never expected. Scammers are now using artificial intelligence to create fake profile photos, cloned voices, and even realistic video calls that make fictional people appear completely real. According to recent reports, Americans…

Budget and the Bees

Musk loses landmark lawsuit against OpenAI after jury finds he filed his claim too late

The world's richest man Elon Musk lost his blockbuster lawsuit against artificial intelligence giant OpenAI on Monday, with a federal jury finding that the tycoon had waited too long to bring his case forward. The trial saw some of the most powerful figures in Silicon Valley go head-to-head with their…

France 24

Federal jury sides with OpenAI in feud with Elon Musk

A federal jury has sided with OpenAI and its top executives in a feud with Elon Musk, who accused them of betraying a shared vision for it to guide artificial intelligence’s development as a nonprofit dedicated to humanity’s benefit

The Independent UK

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The Independent UK

New details on Apple’s total revamp of Siri revealed – including how it hopes iPhone assistant will beat competitors

Company will focus on privacy amid increasing worries about power and dangers of artificial intelligence

MarketBeat

SCHMID Group Q4 Earnings Call Highlights

SCHMID Group (NASDAQ:SHMD) said it expects stronger order activity through the remainder of 2026 as demand tied to artificial intelligence infrastructure, optical modules and advanced packaging supports its equipment business. On the company’s first formal investor call, Chief Financial Officer Art

International Business Times

U.S. Weighs Secure AI Base In Israel's Desert Amid Rising Tech Rivalry With China

The United States is considering establishing a secure artificial intelligence facility in Israel's Negev Desert as part of discussions aimed at protecting advanced technologies and limiting exposure to Chinese espionage risks.

MarketBeat

Baidu Q1 Earnings Call Highlights

Baidu (NASDAQ:BIDU) reported a return to revenue growth in its first quarter of 2026, with management emphasizing that artificial intelligence has become the company’s primary growth engine and now accounts for a majority of its general business revenue. Co-founder and Chief Executive Robin Li said

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The Economic Times

As chip industry chases AI, US national labs look to newcomers for supercomputers

America's nuclear weapons program faces a computing crunch. High-precision simulations for nuclear weapons are becoming difficult to power. This is because major chip makers are focusing on artificial intelligence. Sandia National Laboratories is now testing chips from new companies like NextSilicon. This ensures the nation's security mission can continue uninterrupted.

The Economic Times

Global centres in India slow hiring as AI reshapes work, ANSR CEO says

Global capability centres in India are slowing hiring. Companies are cautious about global uncertainties and the rise of artificial intelligence. This cautiousness leads to reduced hiring plans. New entrants will drive growth with flexible workforces. Companies are experimenting with smaller teams. This approach allows for scaling up as needed.

The Economic Times

Pope and cofounder of Anthropic to launch pontiff's AI encyclical on May 25

Pope Leo XIV is set to release his first encyclical on May 25. The document addresses human dignity in the age of artificial intelligence. Anthropic co-founder Christopher Olah will attend the launch. This event highlights the Vatican's engagement with AI. The encyclical's release is significant for the church's social teachings.…

The Economic Times

NEET-UG paper leak case: parliamentary panel summons NTA Chief for review of exam reforms on Thursday

A Parliamentary panel is set to review the National Testing Agency’s (NTA) reforms alongside the NEET-UG 2026 paper leak issue, with top education officials, including the NTA Chairperson, summoned for discussion. The committee will also examine the K Radhakrishnan Committee report, assess updates on the ongoing NEET-UG investigation, and deliberate…

The Economic Times

'Let me make this point, please...': Former Google CEO Eric Schmidt booed by University of Arizona students. Here's what he said on AI

Former Google CEO Eric Schmidt faced boos at the University of Arizona commencement for warning graduates about technology's 'mess'. He acknowledged fears about AI's impact on jobs and the future, urging students to adapt and shape its use. Concerns over AI-related job losses and past allegations against Schmidt fueled the…

The Economic Times

A founder, a fortune, and Microsoft’s final separation from the Bill Gates empire

The Bill & Melinda Gates Foundation Trust has completed its sale of Microsoft shares. This marks the end of a significant financial tie to the company co-founded by Bill Gates. The foundation plans to disburse its endowment by 2045. This move occurs as Microsoft reasserts its dominance in artificial intelligence…

International Business Times

New 'Agentic AI' Platform AiR Wants to Be the AI That Protects Users from AI

AiR, short for Artificial Intelligence Response, is set to officially launch June 1 through a partnership with wireless provider Lexvor Wireless, introducing what executives describe as a secure "agentic AI" platform built directly around mobile communication.

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