Artificial Intelligence (AI)

Washington debates taking equity in AI firms as politicians from Sanders to Trump propose new wealth funds and taxes. The plans face major obstacles but reflect growing urgency to address AI's economic disruption.

The University of Oxford will host the new government-backed BOLD lab, uniting Oxford, UCL, and Imperial College London to develop open, human-centred AI that learns efficiently. Led by Jakob Foerster, it targets applications in education, healthcare, and transport.

U.S. Treasury Secretary Scott Bessent declared China's AI advancement as the greatest risk from the technology, surpassing safety or job loss concerns. His remarks highlight a growing geopolitical race, while China calls for cooperation.

Banks are asking AWS how to integrate AI quickly and within budget, even as the technology triggers layoffs. Adoption remains low, but pressure to deliver faster customer outcomes is mounting.

Meta’s new smart glasses start at $299 with three styles, a Kylie Jenner edition, and Muse Spark AI. The launch excludes India for now, but expands live translation to 20 languages.

Nasdaq 100 futures fell 2.69% on Tuesday as fears over debt-financed AI infrastructure spending and a hawkish Federal Reserve rattled investors. The selloff hit megacap tech and chip stocks, with SpaceX's bond offering reigniting concerns about Big Tech's borrowing binge.

Anthropic will begin identity verification for a small subset of Claude users on July 8, using Persona to check government IDs and live selfies. The policy aims to improve safety but raises privacy questions due to biometric data collection and investor ties.

China's LineShine supercomputer took the TOP500 crown, but the benchmark doesn't measure AI performance. U.S. cloud giants likely hold far greater computing power, hidden from public rankings.

Alphabet's market value plunged $225 billion after two star AI researchers left for OpenAI and Anthropic. The departures of Noam Shazeer and Nobel laureate John Jumper have sparked investor fears about Google's ability to retain top AI talent.

Rising AI misuse in Hong Kong, Taiwan, and mainland China reveals a dangerous gap: ethics is absent from AI literacy programs. Education must shift from skills-only to character-driven learning.

Huawei’s AIPL and HAIP platforms are moving Chinese universities and hospitals beyond isolated AI pilots. The “Discipline + AI” model embeds the technology into teaching, research, and clinical workflows for systemic adoption.

South Korea's AI chip boom is driving record growth, but a senior policymaker warns it could deepen inequality and fuel property speculation. The gains are concentrated among a few firms, leaving small businesses and retail sectors behind.

The binary code behind AI traces back to the I Ching and Leibniz. This cross-cultural exchange challenges the Western-centric view of AI history and reveals a deep intellectual debt to ancient China.

Oracle eliminated 21,000 jobs in fiscal 2026, a 13% workforce reduction, while ramping up AI investments with massive data-center deals. The restructuring cost $1.84 billion in severance as the company bets big on AI against rivals.

Alibaba executive Liu Zhenfei urged employees to embrace patience and hard work in AI development, drawing lessons from a rice-planting team-building event attended by Jack Ma and top brass. The internal post signals a long-term cultural shift as the company sharpens its artificial intelligence focus.

Nvidia has appointed Bruce Andrews, former Intel government affairs chief, to head its external affairs as the company navigates U.S.-China export controls. Andrews brings deep lobbying experience to the role at a critical juncture for AI chip policy.

Micron Technology and Anthropic have signed a supply agreement for memory and storage, with Micron also investing in Anthropic's $65 billion Series H round. The deal aims to optimize Claude's efficiency and comes as Anthropic prepares for a U.S. IPO.

Former OpenAI researcher Shyamal Anadkat moved from Silicon Valley to India, arguing that world-changing AI institutions can emerge from anywhere. He sees a once-in-a-generation opportunity for India to lead in artificial intelligence.

U.S. restrictions on AI model access are driving European giants like Siemens and Renault to diversify their AI stacks, blending American, Chinese, and homegrown models to avoid single-provider dependency. The shift exposes a growing sovereignty debate and rising token costs.

China's push to supply 80% of AI data centre power from renewables by 2030 is hitting obstacles. Unpredictable peak demand and grid operator resistance are stalling progress, even as power consumption is set to surge by up to 500 billion kWh.

A 27-year-old engineer used AI chatbots to withdraw rival applications from a Rajasthan government recruitment portal. His digital footprints led police to his arrest, exposing critical security flaws.

Punjab will require all primary students to study artificial intelligence as a standalone, examinable subject from 2027. The move aims to build early tech literacy but faces infrastructure and equity hurdles.

Kerala’s Sabarimala temple is set to introduce AI-powered crowd management with drones and predictive analytics. The system aims to improve safety and reduce wait times for millions of devotees during the pilgrimage season.

The US and China are trapped in an outdated AI arms race narrative, treating models like munitions and engineers like nuclear physicists. A more accurate framing reveals that widespread adoption, not containment, will determine the winners of the AI era.

South Korean retail investors are bypassing domestic restrictions to trade leveraged semiconductor ETFs in Hong Kong. The move is fueled by AI-driven chip demand and FOMO, but risks abound.

Hong Kong's AI future is not just about chips but energy. Specializing in low-energy segments like financial AI and leveraging legal expertise could secure its global role while managing power demands.

Professor B Ravindran, the only Indian on the UN's first global AI science panel, warns that fragmented regulations risk turning developing nations into digital colonies. He also details India's new Trusted AI Commons for safe and responsible AI tools.

Nobel Prize-winning AI scientist John Jumper is departing Google DeepMind after nine years to join Anthropic. His exit, days after another top researcher left for OpenAI, spotlights the escalating talent war reshaping the AI industry.

President Trump walked back his view of Anthropic as a national security threat, citing CEO Dario Amodei's quick compliance with an export control order. The reversal follows a week of blocked access to advanced AI models and ongoing DPA considerations.

Micron Technology's upcoming earnings are set to test the durability of the AI-driven stock market surge. With shares up 298% this year, the report will show if semiconductor demand can continue to surprise to the upside.