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The Latest Breaking News from Artificial Intelligence

Friday essay: despite the AI hype, some experts warn of a bubble – what happens if it pops?

In the last few years, the hype around artificial intelligence has become stratospheric. Riding a wave of venture capital, tech leaders promised us AI would revolutionise work, boost productivity and lead to incredible new breakthroughs. OpenAI, the creator of ChatGPT, set a new record when it attained US$110 billion in…

The Conversation

Canada’s AI strategy and universities: Beyond literacy, students need to be fluent with AI

The Canadian government’s new artificial intelligence strategy positions AI as a major driver of job creation, economic growth and national competitiveness. It has also drawn some criticism for not providing enough detail on safety and governance.

The Conversation

Oracle Shares Drop Sharply as Investors React to Large Capital Raise and AI Spending Plans

Oracle's shares plunged about 11% on Thursday trading after the company disclosed plans for a significantly increased capital raise to finance its growing artificial intelligence and data center expansion.

International Business Times

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AI shift drives Opendoor’s India exit: Here's all you need to know

US real estate firm Opendoor is closing its India operations. Nearly 250 employees in Bengaluru and Chennai will be laid off. This move is part of a major restructuring. The company is integrating artificial intelligence to streamline operations. This shift aims to improve efficiency by consolidating systems and creating smaller,…

The Economic Times

Bezos’ industrial AI firm Prometheus raises $12 billion; valued at $41 billion: Report

Industrial AI startup Prometheus has secured a massive $12 billion in its Series B funding round. This significant investment propels the company's valuation to $41 billion. Backed by prominent investors, Prometheus aims to revolutionize industrial operations and engineering with artificial intelligence.

The Economic Times

AI wealth boom sending San Francisco home prices surging: ‘It’s ridiculous’

Employees at artificial intelligence companies are coming into gargantuan sums of money amid boom in IPOs

The Guardian - US

Five workplace skills humans still perform better than AI, according to experts

These are the areas where human capabilities continue to hold a significant advantage over artificial intelligence

The Independent UK

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Anthropic announces 'Claude Corps' to teach nonprofits to use AI more effectively

Anthropic will donate $150 million to launch a fellowship program called Claude Corps that plans to help nonprofits effectively use artificial intelligence by embedding 1,000 trained fellows in various organizations for a year

The Independent UK

The skills people still perform better than AI, according to workplace experts

Many workers fear machines will supplant them as adoption of artificial intelligence accelerates

The Independent UK

Eightco Holdings (NASDAQ: ORBS) Reports Total Holdings of Approximately $406 Million, Includes OpenAI, Beast Industries, More Than 16,000 ETH and Over 283 Million WLD Tokens

EASTON, Pa., June 11, 2026 /PRNewswire/ -- Eightco Holdings Inc. (NASDAQ: ORBS) ("Eightco" or the "Company") today provided an update on its total holdings, highlighting its unique position across digital assets and strategic investments in leading private technology companies. As of June 10, 2026, at 4:30 p.m. ET, ORBS' holdings…

AAP

AI to bring more jobs; Indian engineers must focus on collaboration: Microsoft's Rajiv Kumar

Indian engineers should embrace Artificial Intelligence, as it's expected to create more opportunities than disrupt jobs. A senior Microsoft India executive emphasized that continuous learning and adaptability are crucial, with a significant portion of the workforce needing upskilling by 2030. New roles are emerging, and employers are prioritizing skills-based hiring,…

The Economic Times

Uber's Dream AI Job Turned Into a Nightmare

Imagine receiving an offer that promises up to $150 an hour. No advanced degree requirement. A chance to work on some of the world's most powerful artificial intelligence systems. For thousands of tech workers, it sounded like the opportunity of a lifetime. But behind the impressive paycheck, workers claim they…

MyLifeXP

AI gold rush upends San Francisco housing market

In San Francisco, the longtime hub of the US tech sector, fortunes tied to artificial intelligence startups are inflating home prices and fueling a spike in evictions, splitting the city's population into two different trajectories. Whether the home could be bought with shares remains to be seen, but the frenzy…

The Economic Times

LSEG slowly sheds 'AI risk' tag with drive to show growth

LSEG shares tumbled nearly 13% in one day in February as worries about the threat posed by large language artificial intelligence models like Anthropic's Claude triggered a sharp selloff in software stocks.

The Economic Times

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The Economic Times

AI risks are here, time for tough rules: Anthropic CEO Dario Amodei

As artificial intelligence grows more powerful, governments must move beyond transparency measures and introduce stronger regulations to address emerging risks, according to Anthropic CEO Dario Amodei.

The Economic Times

84% of Indian banking leaders report rising fraud losses, AI-driven threats emerge as major concern: Report

As artificial intelligence increasingly reshapes the financial sector, Indian banks are facing a sharp rise in fraud-related challenges, with 84 per cent of banking leaders reporting higher fraud losses over the past year, according to a survey report by BioCatch.

International Business Times

Pope Leo XIV Reiterates AI Warning In Spain Visit

Pope Leo XIV again warned about the dangers of artificial intelligence, saying during a visit to Spain that it cannot replace human beings.

International Business Times UK

Melania Trump Shock: FLOTUS Commands White House Crowd After Awkward AI Speech Interruption

Melania Trump hosted the first National Champion Awards Ceremony for the Presidential AI Challenge, highlighting AI's potential in education. An unexpected applause during her speech became a memorable moment.

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International Business Times

Palantir CEO Says Businesses Are 'Unhappy' With Frontier AI Labs

Palantir CEO Alex Karp says a growing number of businesses are becoming increasingly dissatisfied with the world's leading artificial intelligence developers.

Newsroom.co.nz

Elon Musk’s $1.8 trillion SpaceX listing is no longer about space

SpaceX is still famous for rockets, but its filings show Elon Musk’s company is now spending more on AI infrastructure than launch and Starlink combined.

Barchart

Billionaire Sam Altman Says OpenAI Was ‘Pretty Wrong’ About AI Jobs, But Goldman Sachs Warns AI is Still Wiping Out 11,000 Jobs Per Month

The AI jobs story has become a split screen: one of the most powerful artificial intelligence (AI) executives is walking back the worst panic, while data tracked by Goldman Sachs (GS ) still points to pressure on younger white-collar workers. The lack of a clean yes-or-no answer is exactly why...

AAP

FP Markets: AI remains centre stage as London Tech Week opens its doors

LIMASSOL, Cyprus, June 10, 2026 /PRNewswire/ -- As one of Europe's largest and most talked-about technology events gets underway, London Tech Week 2026 arrives at Olympia London this week – running from 8 to 12 June – at a pivotal moment for the industry. This year's event coincides with the…

Euronews

How AI and satellites can help protect our oceans | Euronews Tech Talks

The European Digital Twin Ocean builds on artificial intelligence and satellite technology to create a virtual replica of the ocean for scientists and policymakers. How does it work?

Bangkok Post

Thailand Takes Centre Stage as AI Reshapes Telecoms at Global Telecom AIoT Summit 2026

The Global Telecom AIoT Summit 2026, held at The Ritz-Carlton in Bangkok, brought together government leaders, regulators, telecom operators, global technology companies, academic experts, and AIoT ecosystem partners to explore how artificial intelligence and the Internet of Things are reshaping the future of telecoms, smart living, and digital services.

The Economic Times

From finance to leadership: How technology is shaping smarter decisions

Artificial intelligence is transforming finance and leadership. AI tools now help analyse risks, detect fraud, and automate tasks. Leaders must combine technology insights with human values for effective decision-making. New programmes are available to build these essential skills for a data-driven future. Organisations that blend intelligent decisions with thoughtful leadership…

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