AI In Business

Andrew Ng's new startup LearnVector lands $100M from Coursera to build AI-driven, adaptive courses that keep white-collar workers relevant as automation spreads.

KLA Corporation issued an upbeat quarterly forecast, driven by sustained AI infrastructure spending, though its stock fell 8% in extended trading amid profit-taking.

EssilorLuxottica's first-half profit jumped 15% to €2.75 billion, beating forecasts, as AI-powered smart glasses and myopia management products drove growth despite revenue slightly missing expectations.

Apple became the second company to reach a $5 trillion valuation as investors fled AI and semiconductor stocks amid a broader tech sell-off, driven by product demand and its decision to avoid the AI spending race.

The Bank for International Settlements warns that the AI boom is simultaneously boosting demand and supply, making it harder for central banks to read inflation and set interest rates accurately.

Global hedge funds returned 7% in the first half of 2026, fueled by an AI-driven stock-picking boom, according to a Goldman Sachs note, with record allocator demand and broad-based inflows across all strategies.

UK Prime Minister Andy Burnham has announced a major reform of youth technical education, linking it to local employment needs to tackle rising unemployment in an AI-driven economy.

Fitch Ratings has issued its bluntest warning yet that the AI boom is creating a major global credit vulnerability, with soaring tech valuations and massive spending outpacing uncertain returns.

InfiMaker's K1 brings AI-driven 5-axis machining to the desktop, automating complex CAM workflows to make industrial-grade manufacturing accessible to engineers, designers, and makers.

A sharp sell-off in AI-linked chip stocks sent shockwaves through global markets, driven by record-high credit default swaps on major tech borrowers and a broader risk reassessment.

Chinese AI models are closing the gap with overseas rivals not just on performance but on cost, with training and API prices up to 90% lower, according to UBS.

Cory Doctorow warns that when the AI bubble pops, companies that fired workers for algorithms will face a long, hard road to recover lost skills—and copyright laws won't protect creative jobs.

While corporate giants deploy AI for layoffs, small businesses are using it to support their existing teams, filling labor gaps and boosting productivity without cutting headcount.

A Canadian politician's viral gaffe reveals the hidden role of AI in crafting official statements, raising questions about authenticity and accountability in governance.

The aerospace industry is losing top engineering talent to AI companies, leaving a 10,000-person annual gap in the UK as the sector struggles to attract Gen Z recruits.

DeepSeek has told investors it is suspending its second fundraising round, a move that signals potential strategic shifts for the open-source AI startup.

Anthropic's latest analysis reveals no systematic job losses from AI, contradicting its own co-founder's warnings. The report fuels a growing debate over AI's real-world impact and economic feasibility.

Karnataka launches joint working groups with Anthropic to bring AI into e-governance and home affairs, while exploring Claude certifications to skill its workforce.

Pushpendra Rana, an Indian Forest Service officer, is applying AI and geospatial analysis to restore forests in Himachal Pradesh, but data scarcity and the need for community involvement pose significant obstacles.

South Korean President Lee Jae Myung brought together Nvidia, OpenAI, Anthropic, and Broadcom CEOs with Korean conglomerates to announce a $500B AI infrastructure deal and a new bilateral AI cooperation framework.

The Farnborough airshow revealed a deepening crisis: aerospace is losing young engineers to AI companies, with over half of UK licensed engineers over 50 and a 10,000-person annual shortfall.

Patreon announces 20% workforce reduction as part of restructuring, with CEO Jack Conte emphasizing that AI is not replacing human employees despite its industry impact.

Bruce Schneier’s ‘work vs. gym’ analogy offers a clear test for when to use AI—and when outsourcing a task to a chatbot could cost you critical thinking skills.

IIT Madras WSAI's new one-week course guides AI startup development, culminating in a pitch competition with a Rs 4 lakh grant for the winner.

India's Coforge secures a $230 million, five-year deal with a major European client for an AI-led business transformation, marking a significant step in enterprise AI adoption.

Roper Technologies raised its full-year profit forecast, betting on strong demand for AI-integrated software, offering a bright spot amid a 24% stock decline this year.

Harvard research shows junior employees who critically engage with AI gain sharper skills, while passive users risk stagnation and over-reliance.

Alphabet's first-ever cash burn, driven by soaring AI investments, rattles investors and raises tough questions for Microsoft, Meta, and Amazon ahead of their earnings.

Maharashtra becomes the first Indian state to mandate AI training for all school teachers, with a September 30 deadline to complete the 'AI Saathi' course on DIKSHA.

Anthropic is exploring mandatory 10b5-1 trading plans for all employees after going public, a governance-first approach that could set a new standard for AI startups entering public markets.