AI Threat Triggers Financial Brokerage Stock Selloff as LPL Financial Drops 8%
Financial services stocks plummet after Altruist launches AI-powered tax planning tool, extending AI disruption fears from software to financial sector.
Financial services stocks plummet after Altruist launches AI-powered tax planning tool, extending AI disruption fears from software to financial sector.
MIT researchers develop groundbreaking AI-powered software that automatically segments eight distinct nerve fiber bundles in brainstem MRI scans.
Chile unveils Latam-GPT, the first open-source AI model trained on Latin American culture, strengthening the region's presence in the global AI race.
Google introduces breakthrough feature combining visual reasoning with code execution, enabling AI to inspect, zoom, and manipulate images through Think-Act-Observe cycle.
Amazon cuts 16,000 corporate jobs while Pinterest and Dow cite AI automation as reason for workforce reductions, though economists say AI's labor impact remains limited.
Indonesia has conditionally lifted its ban on Elon Musk's Grok AI chatbot after X Corp provided assurances of improved compliance and content safeguards. The country had previously suspended the service due to concerns over the generation of pornographic content.
Oracle has announced a massive $45-50 billion fundraising plan for 2026 to expand its Oracle Cloud Infrastructure, driven by high demand from major AI players like NVIDIA, OpenAI, and xAI. The plan includes a mix of debt and equity financing to maintain a solid investment-grade balance sheet.
The unveiling of Google's Project Genie, an AI tool that can generate interactive virtual worlds from text prompts, has caused a significant drop in the stock prices of major gaming companies like Take-Two, CD Projekt, and Roblox. The market's reaction highlights both the potential and the perceived threat of AI in game development.
A new social network called Moltbook, exclusively for AI agents, has gone viral, attracting over 1.5 million bots. The platform, created by former Octane AI CEO Matt Schlicht, has sparked discussions about the future of AI, with Elon Musk calling it the 'early stages of the singularity.'
In a historic first, NASA's Perseverance rover autonomously navigated on Mars using a route planned by a generative AI model, demonstrating new potential for space exploration.
Linwei Ding, a former Google engineer, has been convicted of stealing AI trade secrets for a Chinese startup, marking the first conviction for AI-related economic espionage.
An AI model named AnomalyMatch, developed by ESA astronomers, has identified over 800 previously undocumented cosmic anomalies by analyzing 35 years of Hubble data.
Chinese tech giants ByteDance and Alibaba are set to release new generative AI models, including ByteDance's Doubao 2.0 large language model, heating up the domestic and global competition in the AI sector.
A UK investment minister has suggested that a universal basic income (UBI) could be a potential solution to soften the economic impact of job displacement caused by the rapid advancement of artificial intelligence.
South Korea has become the first country to implement a comprehensive AI law, which includes a mandate for companies to add invisible watermarks to AI-generated content to combat misinformation and deepfakes.
An investigation has found that millions of users are using AI tools on Telegram to create and share non-consensual deepfake nudes, highlighting a growing global crisis of AI-driven digital abuse.
Defying the tech downturn, Meta reported a 24% revenue increase and a strong Q1 forecast, crediting its investments in AI for significantly improving ad targeting and performance.
A landmark Swedish study of 100,000 women, published in The Lancet, found that using AI to assist in mammogram analysis led to a 12% reduction in interval breast cancer diagnoses, marking a significant breakthrough in medical imaging.
Microsoft's stock saw its biggest drop since 2020, wiping out $400 billion in market value, as investors question the high cost and slow monetization of its heavy investments in artificial intelligence and its exposure to OpenAI.
Apple has acquired Israeli audio AI startup Q.ai for a reported $2 billion, its second-largest acquisition ever. The move signals a major push into AI, particularly in audio technology for its products like AirPods and Vision Pro.