The AI Boom May Leave Many Behind, Warns BlackRock’s CEO
BlackRock CEO Larry Fink warned that the AI boom could deepen wealth inequality unless more individuals gain access to market returns.
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BlackRock CEO Larry Fink warned that the AI boom could deepen wealth inequality unless more individuals gain access to market returns.
HSBC appoints first chief AI officer to expand generative AI use, aiming to cut costs and boost performance across global banking operations.
OpenAI plans to grow workforce to 8,000 by end of 2026, boosting hiring in AI research, engineering, and enterprise adoption roles.
OpenAI is offering private-equity firms guaranteed returns and early model access to secure enterprise AI partnerships. The move intensifies competition with Anthropic for large-scale adoption.
Jeff Bezos plans $100B fund to acquire and modernize manufacturing firms with AI via Project Prometheus, targeting aerospace, chips, and defense sectors.
Nikola founder Trevor Milton is raising $1 billion to build AI-powered business jets after acquiring SyberJet. The effort follows his pardon and comes with significant technical and financial risks.
Meta plans a multi-year shift to AI-driven content moderation, reducing reliance on contractors while improving enforcement accuracy.
Amazon has launched Alexa+ in the UK, offering early access to its AI-powered assistant with localized features and broader device integration.
Meta will shut down the VR version of Horizon Worlds and transition the platform to mobile-only. The move reflects a broader shift away from metaverse investments toward AI.
Crypto.com is cutting 12 percent of its workforce as it shifts toward AI-driven operations, reflecting a broader trend across tech and crypto firms.
Anthropic conducted a large-scale global study to understand how users perceive AI, revealing diverse expectations, benefits, and concerns shaping real-world adoption.
Surging investment in AI data centers is fueling demand for skilled trade workers, creating labor shortages and rising wages. The trend highlights the physical infrastructure behind AI growth.
Messari’s CEO Eric Turner stepped down as the company cut staff and repositioned itself as an AI-first platform focused on institutional clients.
Nvidia CEO Jensen Huang will deliver the keynote at the GTC 2026 conference, where investors expect new AI product announcements and demand outlook updates.
ServiceNow CEO Bill McDermott warned that rapid adoption of AI agents could significantly reduce job opportunities for new college graduates.