AI In Business

Stanford economists find a 19% employment gap for young workers in AI-exposed jobs, driven by collapsing entry-level hiring even as overall employment holds steady.

Scalable Capital now allows account holders to use ChatGPT and Claude for trading and portfolio analysis, marking the first such move by a European bank.

Global markets pause ahead of Nvidia's earnings as Unitree's crash and Alibaba's discounted share sale raise fresh concerns about AI hype.

Unitree's 45% share plunge after a 460% debut exposes bubble risk and IPO flaws in China's robotics push.

IIT Kharagpur's Outreach Network launched the Texas AI Learning Centre in Houston, starting with an AI certificate bootcamp and plans for broader industry collaboration.

OpenAI's GPT-5.6 Terra and Luna are now generally available on Amazon Bedrock in AWS GovCloud, enabling regulated industries to use frontier AI models with 1M token context and lower costs.

Stock futures slipped Monday as Iran sanctions, Fed Chair Warsh's Jackson Hole speech, and Nvidia earnings loom over markets.

Sonova's new Phonak EON platform uses real-time AI to double speech clarity, targeting faster replacement cycles and first-time users in a premium market push.

Alibaba raises HK$80 billion through a share placement to accelerate AI computing, cloud services, and full-stack AI capabilities.

Callosum, a London AI infrastructure startup, raised $100M to optimize AI task routing across cheaper chips, backed by the UK Sovereign AI Fund.

Nvidia is reportedly discussing an investment in Perplexity that would value the AI search startup at more than $30 billion.

Asian equities traded flat Monday as markets awaited U.S. sanctions on Iran and Nvidia's earnings, a key test for the AI trade.

Mayo Clinic and Bengaluru-based Sravathi AI used generative and predictive AI to identify a small molecule inhibitor for the previously undruggable GIPC1 protein, offering a new preclinical path for pancreatic cancer treatment.

Sysco appoints two AI-focused directors to accelerate its technology transformation and improve supply-chain efficiency.

Stripe is acquiring AI model gateway OpenRouter for over $7.5 billion, signaling a major bet on multi-model AI infrastructure.

AWS launches OpenAI's GPT-5.6 Terra and Luna on Amazon Bedrock in India, enabling local inference for enterprises across regulated industries.

IIT Kharagpur reveals a Rs 1,000-crore overhaul with seven new AI centres, innovation-linked PhDs, and global dual-doctorate pathways.

Kuaishou's Kling AI video-generation business surged past RMB850 million in Q2 revenue, growing over 200% year on year and emerging as a key growth engine amid pressure on core advertising.

RBI Deputy Governor Shirish Chandra Murmu says AI is essential for banking but human judgment remains key for fair credit access and fraud defense.

Government deficits and AI data-center debt are flooding bond markets, pushing mortgage rates up and slowing housing investment.

Nebius Group plans a $4.5 billion convertible note offering to fund data center expansion and AI platform growth.

Gujarat's AI-powered intrusion detection system diverted 6,682 lions from railway tracks, achieving zero train deaths in two years.

Baidu aims to complete a primary Hong Kong listing by year-end and return Wenxin to AI's top tier, backed by 283% GPU cloud growth.

A new Pew Research survey finds that most young Americans now view AI with concern rather than excitement, with job loss fears surging sharply since 2024.

Breakingviews argues Tencent's booming gaming and ad businesses give it the cash to overtake China's current AI leaders.

Unitree's stock is expected to surge over 600% on its first day of trading in Shanghai, signaling massive investor appetite for humanoid robotics.

Amazon Bedrock now supports OpenAI GPT-5.6 models with India Geo cross-Region inference, enabling in-country data processing for regulated enterprises.

Anthropic's July revenue growth slowed to $65B run-rate, but the deceleration may improve profitability and IPO prospects.

IIT Bombay has launched an e-Postgraduate Diploma in Computer Science and AI, designed for working professionals who want rigorous technical foundations, not just tool familiarity.

Mass General Brigham is scaling an AI scribe to reduce physician burnout. Early results were promising, but adoption challenges reveal deeper trust and workflow issues.