Amazon-backed Anthropic’s valuation soars to $61.5B after a $3.5B funding round, reinforcing its AI dominance....
Tag : Artificial Intelligence
Apple is investing $500B in the US over four years, expanding AI, silicon engineering, and manufacturing, including a new factory in Texas and 20,000 new jobs nationwide....
The SEC has renamed and downsized its crypto enforcement unit, shifting focus to emerging technologies, cybersecurity, and AI under the leadership of Acting Chairman Mark Uyeda....
Europe must ease AI regulations to remain competitive, warns Sweden’s PM Ulf Kristersson, cautioning against overregulation that could push innovation and investment elsewhere....
The AI Action Summit in Paris saw 61 countries commit to ethical and sustainable AI, but the US and UK declined to sign the final declaration....
South Korea will invest $285M in AI, cybersecurity, and energy tech by 2031, aiming to drive innovation and industrial growth, according to the Ministry of Trade, Industry, and Energy....
Europe is committing €150 billion to AI investment, aiming to accelerate innovation, drive economic resilience, and strengthen strategic sovereignty across key industries....
Meta is laying off 3,600 employees, or 5% of its workforce, as it continues restructuring in 2025. The layoffs, focused on “low performers,” impact multiple regions but exclude some EU countries....
AI will replace tasks rather than jobs, said Stanford professor Dr. Erik Brynjolfsson at the Global Future Councils in Dubai, urging policymakers to prioritize AI's role in job augmentation....
AI will generate millions of jobs by 2025 while automating repetitive work, enabling industries like healthcare and finance to innovate and focus on creativity, experts say....