KPMG pulls its AI report after major organizations including UBS, the NHS, and Transport for London deny its claims, with research group GPTZero identifying the errors as AI hallucinations, raising serious questions about whether the consulting giant used unverified AI-generated content in a report about AI itself.
Google sues Chinese cybercrime group 'Outsider Enterprise' for using AI tools including Gemini to run massive phishing campaigns targeting over 100,000 Americans, while coordinating with the FBI and major telecoms to block fraud and backing seven bipartisan bills to combat AI-powered scams.
Perplexity's CBO Dmitry Shevelenko reveals how AI agents are transforming the workforce, why small teams will dominate the future, and which three human skills remain irreplaceable as AI takes over knowledge work.
SpaceX makes history with the largest IPO ever, surging 19% to close at $161 per share and hitting a $2 trillion valuation, driven by its $250 billion xAI acquisition and orbital AI data center plans, even as critics warn a massive AI valuation bubble may be forming in real time.
Mark Zuckerberg admits Meta made mistakes during its AI-driven overhaul, following mass layoffs affecting 10% of its workforce, as the company now scrambles to rebuild morale, rehire displaced workers, and promises no further company-wide layoffs this year.
French AI startup Mistral AI is in talks to raise $3.5 billion in a new funding round that could value the company at $23 billion, nearly doubling its previous $13 billion valuation as it races to compete against US and Chinese AI rivals.
LMCache, an open-source KV cache management layer for LLM inference, surpasses 9,100 GitHub stars as it transforms temporary GPU cache into persistent, reusable knowledge—cutting time-to-first-token and boosting throughput across major hardware vendors like NVIDIA and AMD.
Meta is in the grip of a company-wide morale crisis, with thousands of employees calling their work 'soul-crushing,' over 1,600 signing a petition against keystroke monitoring, and CEO Mark Zuckerberg admitting restructuring mistakes in an internal memo while promising no further mass layoffs and pledging workplace improvements.
McDonald's is testing a Google-powered AI drive-thru system called 'Archy' at five U.S. locations, completing 90% of orders without human help while taking orders in English and Spanish — signaling a potentially major shift in fast food despite customer pushback.
Meta erects a strict firewall between itself and Chinese-founded AI service Manus, barring staff access to internal systems and prohibiting use of Manus tools, as a $2 billion acquisition deal collapses amid opposition from Beijing.