Bank of America CEO Brian Moynihan said artificial intelligence is increasingly contributing to U.S. economic growth and investment. He said the bank sees limited systemic risk from AI-related capital spending.
Goodman Group and CPP Investments have formed a AUD 14 billion joint venture to develop large-scale data centers across major European markets. The partnership targets rising demand driven by cloud computing and AI workloads.
The University of Notre Dame received a $50.8 million grant to develop a faith-based ethical framework for artificial intelligence as regulation lags behind innovation.
OpenAI acknowledges prompt injection attacks cannot be fully eliminated and is using automated AI attackers to harden its Atlas agentic browser against threats.
The Pentagon has agreed to integrate xAI’s Grok models into its GenAI.mil platform, supporting AI-driven analysis and automation for millions of defense users.
OpenAI is rolling out “Your Year with ChatGPT,” an annual review feature that summarizes how users interacted with the chatbot over the past year. The tool is available to eligible users across several English-speaking markets, including the United States.
Instacart will stop AI-powered pricing experiments on its platform following scrutiny from lawmakers and a Consumer Reports study highlighting price variations for identical items.
Alphabet announced plans to acquire Intersect for $4.75 billion, aiming to expand data center capacity and accelerate energy innovation. The acquisition includes in-development projects and Intersect’s technical team.
Retro introduces Splat, an AI-powered app transforming photos into coloring pages for children, enabling creativity without ads and offering print or digital options.
Biren Technology aims to raise HK$4.85 billion in its Hong Kong IPO, targeting AI chip development and intelligent computing growth amid strong investor interest.
AI empowers teenage founders to build startups worldwide, reducing development costs and skill thresholds, and enabling revenue and funding even before graduation.
“The Reunion Journey” is China’s first fully AI-generated animated film, showcasing advanced AI rendering and reducing production time from years to one year.
Researchers in Estonia developed an AI system that helps radiologists detect kidney cancer faster using CT scans. Clinical testing showed significant time savings without reducing accuracy.
Chinese generative AI startups MiniMax and Zhipu AI have disclosed their financials ahead of potential Hong Kong listings, highlighting modest revenues and mounting losses compared with U.S. peers.
Artificial intelligence has become a major factor behind U.S. job cuts in 2025, with companies citing automation and efficiency gains as reasons for workforce reductions. More than 55,000 layoffs this year have been directly attributed to AI adoption.