Major companies have announced over 30,000 white-collar job cuts recently, but evidence suggests this reflects economic reality rather than AI displacement. Young graduates are feeling the squeeze most, with unemployment among 22-27 year olds with bachelor’s degrees rising by more than 2 percentage
Business aviation is embracing generative AI as a co-pilot for safer decisions. The technology aims to help professionals manage complex risks without replacing human judgment. But the path to trustworthy AI in aviation faces significant challenges.
Dublin-based CEL Critical Power is expanding into the US with a major Virginia manufacturing facility. The $40 million investment will create 250 skilled jobs in the first year, targeting the booming AI infrastructure market. This represents a significant bet on the future of American data centers a
The AI chip market is splitting into two visions. Qualcomm is betting big on cloud inferencing, while Arm sees the future moving to edge devices. Both companies posted strong quarterly results despite their different strategies.
Snap and Perplexity AI have announced a $400 million partnership that will integrate AI search directly into Snapchat. The deal positions Snap as a distribution channel for AI companies while giving Perplexity massive reach. Revenue from the arrangement is expected to start flowing in 2026.
Mimic Robotics, a Zurich-based startup, has raised $16 million to advance its physical AI technology. The company focuses on dexterous robotic hands trained via human demonstrations rather than full humanoid robots. Their approach aims to solve real industrial automation challenges where traditional
Michael Burry’s Scion Asset Management disclosed $912 million in put options against Palantir and $187.6 million against Nvidia. The move comes amid growing concerns about an AI bubble and follows Burry’s cryptic social media posts about market bubbles. Both stocks saw significant drops following th
Apple is reportedly finalizing a deal to use Google’s massive Gemini AI model to power the upcoming Siri revamp. The custom 1.2 trillion-parameter model will handle complex queries that can’t be processed on-device. This forms part of Apple’s broader strategy to catch up in the AI race while maintai
Humanoid robots are evolving from sci-fi fantasy to real-world assistants. These machines can now walk, grip, and even interpret human expressions thanks to advanced drive technology.
The viral Neon app that pays users to record phone calls for AI training has stealthily returned to app stores. After a security flaw exposed user calls, the relaunched version now only records calls between Neon users.
