Alphabet reported tepid earnings with plans for record CapEx spending near $185B, driven by AI compute demands including the Gemini system, amid a tech selloff.[1][4]
Rampant AI demand for memory chips is fueling a growing chip crisis, with concerns that memory chip shortages could affect not just AI buildup but competition for other economic needs, potentially pushing consumer electronics prices up.
President Macron and Prime Minister Narendra Modi are likely to push for joint research and common standards on trustworthy artificial intelligence during an AI impact summit in New Delhi, with France and India deepening cooperation on AI development.
Chinese tech startups experienced significant stock gains driven by upgrades to their AI models, with Ninx surging 25% and Chipu AI closing with a 5% gain. Investor confidence in China's generative AI startups continues to grow despite US-China tech tensions.
Microsoft AI chief predicts all white-collar work will be automated by AI within 18 months.
OpenAI’s Codex and Anthropic’s Claude are sparking a coding revolution, with developers abandoning traditional programming.
Pentagon considering ending partnership with Anthropic over refusal to remove AI restrictions on mass surveillance and fully autonomous weapons.
Anthropic CEO Dario Amodei warns of spending caution, stating that if AI growth forecasts are off by just a year, companies could go bankrupt.
Elon Musk reorganized xAI amid a talent exodus.
Microsoft AI chief predicts all white-collar work could be automated by AI within 18 months.
Canada and Germany signed a joint AI declaration and launched the Sovereign Technology Alliance to expand secure compute capacity, invest in resilient infrastructure, and collaborate on safe-by-design AI systems including with LawZero.