Nearly 200 economists and tech leaders, including 16 Nobel laureates, are sounding the alarm on AI-driven job losses, warning the economic disruption could surpass the Industrial Revolution as AI-linked layoffs nearly double in 2026, with over 101,000 U.S. jobs already cut this year alone.
Meta's massive $50 billion data center expansion in Richland Parish, Louisiana is transforming the local economy, delivering teacher bonuses up to $50,000, over $1.6 billion in local business contracts, and more than 1,000 jobs as the facility scales to become one of the largest AI infrastructure projects in the world.
Greg Brockman seizes full control of OpenAI's products and enterprise teams after Fidji Simo's departure, now facing intense pressure to defend the company's $852 billion valuation, reverse ChatGPT's declining market share, and deliver a successful IPO amid fierce competition from Anthropic, Google, and xAI.
OpenAI is restructuring its safety leadership, with Johannes Heidecke departing and safety teams now reporting directly to new VP Mia Glaese, as the company pushes to embed safety work earlier and deeper into its frontier AI development process.
Apple sues OpenAI in federal court, alleging former employees Tang Tan and Chang Liu systematically stole trade secrets, smuggled hardware, and exfiltrated confidential data to fuel OpenAI's hardware ambitions, demanding destruction of stolen information and damages that could derail OpenAI's push into smart glasses, wearable pendants, and camera-equipped earbuds.
As agentic AI systems take hold in enterprises, organizations are urgently demanding greater control over data, model deployment, and regulatory compliance, with IBM's Sovereign Core emerging as a key solution offering security, compliance evidence, and deployment flexibility within an organization's own boundaries.
A new Verasight survey finds 69% of Americans support forcing AI giants to hand over 50% of their stock to a public wealth fund, as Senator Bernie Sanders pushes the American AI Sovereign Wealth Fund Act amid warnings that AI could displace over 15 million U.S. workers.
Anthropic extends Claude Fable 5 access and boosts Claude Code rate limits by 50% through July 19 for all paid subscribers, as the company battles OpenAI competition following Fable 5's rocky launch, which saw a 19-day U.S. government suspension before access was restored July 1.
OpenAI's new GPT-5.6 model is now powering Microsoft 365 Copilot, bringing cutting-edge AI capabilities to Word, Excel, and PowerPoint, enabling users to draft documents, analyze data, and build presentations faster and more efficiently than ever before.
Apple is suing OpenAI after former iPhone engineer Chang Liu allegedly defected to OpenAI's hardware division, stealing a company MacBook, exploiting a software bug to access Apple's internal servers, and using a current Apple employee to continue leaking proprietary secrets.