SwitchBot unveiled the AI MindClip, a clip-on device that records conversations and converts them into summaries, tasks, and searchable audio memory. The gadget supports over 100 languages.
Minneapolis Fed President Neel Kashkari said artificial intelligence is reducing hiring needs at large companies while delivering measurable productivity gains. Smaller firms are seeing less impact so far.
A senior official at the UK’s Aria agency warned that rapid advances in artificial intelligence may outpace efforts to manage safety risks. He said governments and researchers may not have sufficient time to prepare.
Google is adding new Gemini AI features to Google TV, enabling voice-driven controls, personalized recommendations, and AI-powered photo and video experiences. The updates debut on select TCL televisions before a broader rollout.
OpenAI is paying employees an average of $1.5 million in stock-based compensation, far exceeding peer startups as it races to retain top AI talent. The strategy is inflating losses and reshaping expectations ahead of a potential IPO.
DeepSeek publishes a new AI framework to boost scalability and efficiency, highlighting China’s efforts to advance large-scale AI under semiconductor restrictions.
Baidu’s AI chip division, Kunlunxin, has confidentially filed for a Hong Kong IPO. The move aims to highlight the unit’s value and attract investors focused on AI hardware and software.
Users on X have exploited the platform’s Grok AI tool to generate sexually abusive images of women and children. The incident has intensified scrutiny of AI safeguards and platform accountability.
OpenAI has consolidated internal teams to accelerate development of advanced audio models ahead of a planned audio-first personal device. The effort signals a broader industry shift toward voice-based interfaces.
European banks could eliminate more than 200,000 jobs by 2030 as artificial intelligence reshapes operations and accelerates branch closures. Back-office, risk, and compliance roles are expected to be most affected.
The rise of AI startups is renewing interest in founders who leave school early to build companies. Investors say the dropout label matters less than execution, timing, and defensible products.
Chinese AI startup MiniMax plans a Hong Kong IPO, aiming to raise over $600 million with backing from Alibaba and Abu Dhabi Investment Authority. The move positions MiniMax as a key player in China’s generative AI market.
China’s Cyberspace Administration proposed strict AI regulations to protect children and prevent chatbots from promoting self-harm, violence, or gambling, while ensuring human oversight in sensitive interactions.
Octopus Energy plans to spin out its AI software unit Kraken Technologies, following a $1 billion funding round that values the business at $8.65 billion. The move sets the stage for a potential public listing.
SoftBank has finalized its $40 billion investment in OpenAI, increasing its stake above 10%. The funding supports AI infrastructure initiatives, joint ventures, and OpenAI’s broader growth, including plans for a potential IPO.