SAP announces massive Business AI expansion to over 400 scenarios by 2025, transforming Joule into an AI-powered interface with autonomous workflow agents that can execute complex tasks across multiple applications while eliminating manual prompt engineering.
Chinese tech giants and startups are gaining ground in the global race to develop AI agents that can automate complex tasks, with companies like Butterfly Effect, Alibaba, Zhipu, and ByteDance launching agents powered by their own AI models to compete with OpenAI and others.
As AI rapidly advances towards artificial general intelligence (AGI), experts warn it could eliminate half of entry-level white-collar jobs within five years, reshaping the economy and severing the link between labor and value creation, potentially leading to a loss of worker bargaining power and widespread technological unemployment.
Early AI investor Elad Gil is now betting big on using AI to transform traditional businesses through roll-ups, acquiring mature companies and using AI to radically increase their margins, then repeating the process to create tech-enabled giants in industries like legal services.
Anthropic CEO Dario Amodei cautions that the rapid advancement of AI technology poses a significant threat to mass employment, urging society to address the potential for AI to automate numerous tasks and displace human workers across various industries.
Hugging Face, an AI development platform, unveiled two affordable open-source humanoid robots: HopeJR, a full-size robot capable of walking and manipulating objects for around $3,000, and Reachy Mini, a desktop unit for testing AI apps costing $250-$300, furthering its push into accessible robotics.
IBM laid off 8,000 employees, mainly from HR, as its AI platform AskHR automated 94% of routine tasks, but the company's total workforce grew as it reinvested in areas requiring human skills like engineering and sales, signaling a strategic pivot toward AI integration and workforce realignment.
Saudi Arabia's new AI venture Humain secured a deal with Nvidia for 18,000 of its latest AI chips, marking a bold move to become a global leader in artificial intelligence and diversify the kingdom's economy under its Vision 2030 plan, putting the Middle East 'front of the line' for global …
Salesforce, a leading customer relationship management software company, is acquiring cloud data management firm Informatica in an $8 billion deal, paying $25 per share to bolster its push into artificial intelligence and enable autonomous AI agents to deliver smarter and safer outcomes.
Protesters in San Francisco warn that the increasing intelligence of artificial intelligence (AI) poses an existential threat to humanity, calling for regulation, while President Trump's 'One Big Beautiful Bill Act' threatens to override state efforts to regulate AI for a decade.