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03 Dec 2025

FCA launches AI Live Testing with major UK banks to deploy AI under regulatory supervision

The FCA has commenced AI Live Testing with seven financial firms including NatWest, Monzo, and Santander. The initiative enables live deployment of AI applications in retail financial services under regulatory supervision, focusing on debt resolution, financial advice, and customer engagement while ensuring responsible AI innovation.

2 Sources

Micron abandons Crucial consumer RAM after 29 years to prioritize AI data centers

Micron Technology announced it will shut down its Crucial consumer brand by February 2026, ending nearly three decades of selling RAM and SSDs to PC builders. The company is reallocating production capacity to meet surging AI demand, particularly for high-bandwidth memory used in data centers. The decision comes amid a global memory shortage that has already driven RAM prices up 171 percent year over year.

26 Sources

Republicans Drop Trump's Push to Block State AI Laws from Defense Bill After Party Split

President Trump's effort to insert a 10-year moratorium on state AI laws into the National Defense Authorization Act has failed after facing resistance from within his own party. House Majority Leader Steve Scalise confirmed Republicans are now searching for alternative legislative paths, while critics celebrate the preservation of states' rights to regulate emerging AI risks.

6 Sources

Nebius leverages Microsoft, Meta contracts to fuel AI expansion across Europe and US markets

Netherlands-based data center operator Nebius is capitalizing on multi-billion dollar contracts with Microsoft and Meta to accelerate its AI infrastructure business. The $17 billion Microsoft deal and $3 billion Meta tie-up have driven the company's stock up 248% this year, pushing its market capitalization past $25 billion as it positions itself as Europe's biggest neocloud provider.

2 Sources

ETHZilla acquires 20% stake in Karus to bring AI-modeled auto loans onchain by 2026

Crypto treasury company ETHZilla has acquired a 20% stake in automotive-finance AI startup Karus for $10 million, combining $3 million in cash and $7 million in stock. The deal grants ETHZilla access to Karus's AI underwriting engine trained on over 20 million auto-loan outcomes, positioning the company to launch tokenized auto-loan portfolios in early 2026 with onchain settlement and transparent risk analytics.

2 Sources

Alexa Plus lets Fire TV users jump to movie scenes with voice commands on Prime Video

Amazon launched an AI-powered feature for Fire TV that lets users jump directly to specific movie scenes by describing them to Alexa Plus. Instead of fast-forwarding, users can ask for scenes using character names, quotes, or plot details, and Prime Video will play them instantly. The feature uses Amazon Nova and Anthropic Claude models to analyze captions and X-Ray data from thousands of films.

8 Sources

Microsoft slashes AI sales targets as enterprises resist paying premium for unproven agents

Microsoft has cut AI sales growth targets by up to 50% after most Azure salespeople missed ambitious quotas for its Foundry platform. The move signals enterprise customers aren't ready to pay premium prices for AI agents that still struggle with real-world tasks. The company's stock dropped over 2.5% following the report, reflecting broader investor concerns about converting AI hype into actual revenue.

10 Sources

LSEG OpenAI Partnership Integrates Financial Market Data Directly Into ChatGPT

London Stock Exchange Group announced a partnership with OpenAI to integrate financial data into ChatGPT, starting December 8. Users with LSEG credentials will access financial market data and news content through a Model Context Protocol connector. The collaboration also provides ChatGPT Enterprise access to 4,000 LSEG employees as part of the LSEG Everywhere strategy to scale AI in financial services.

4 Sources

Nvidia caught between U.S. export controls and China's pushback as AI chip war intensifies

The U.S. approved exports of Nvidia's H200 AI chips to China, reversing restrictive policies, but Beijing is limiting access to favor domestic alternatives. A new Senate bill could halt shipments for 30 months, while evidence shows the People's Liberation Army uses Nvidia hardware for military applications. The escalating tensions highlight the complex geopolitical frictions reshaping the global semiconductor supply chain.

8 Sources

Can AI master comedy? Researchers train robots in stand-up while comedians use AI as creative tool

A Melbourne researcher receives $500,000 to train robots in stand-up comedy, focusing on non-verbal humor and timing. Meanwhile, comedians like Jon Lajoie and King Willonius embrace AI tools for video production but insist artificial intelligence can't write genuine punchlines. The experiments reveal AI's limitations in capturing human creativity while raising questions about humor's future.

4 Sources

YouTube Expressive Captions use AI to capture emotion, gasps, and sighs in every video

YouTube is rolling out Expressive Captions, an AI-powered feature that goes beyond traditional transcription to capture tone, volume, and ambient cues like sighs and gasps. Available now for English videos uploaded after October 2025, the feature aims to make videos more accessible while preserving the emotional context often lost in standard captions.

2 Sources

Americans turn to AI for financial advice but trust remains with human advisors

Two-thirds of Americans now use AI for money advice, from budgeting to retirement planning, with usage jumping to 82% among Gen Z and millennials. But trust tells a different story: 56% still prefer human advisors for retirement plans while only 13% trust AI alone. The robo-advisor market reached $1.4 trillion in 2024, yet concerns about emotional intelligence, data privacy, and algorithmic transparency persist as financial anxiety climbs.

3 Sources

Anthropic Engineers Reveal AI Productivity Gains Come With Deep Concerns About Job Security

Anthropic conducted an internal study of 132 engineers to understand how AI is transforming work at the company. While employees report significant productivity gains and can delegate up to 20% of tasks to Claude Code, they're also expressing concerns about losing technical competence, reduced collaboration with colleagues, and fears of becoming irrelevant as AI capabilities advance.

3 Sources

AWS launches S3 Vectors with 90% cost savings claim, scales to 2 billion vectors per index

AWS has made S3 Vectors generally available, bringing native vector search capability directly to its cloud object storage service. The launch scales capacity to 2 billion vectors per index and promises up to 90% cost savings compared to specialized vector databases. During preview, customers created over 250,000 indexes and ingested 40 billion vectors, signaling strong enterprise demand for integrated vector storage.

2 Sources

IBM CEO warns $8 trillion AI data center buildout can't turn a profit at current spending rates

IBM CEO Arvind Krishna questions whether the trillion-dollar AI infrastructure boom makes financial sense. He estimates that 100 gigawatts of planned AI data center capacity would cost $8 trillion and require $800 billion in annual profit just to service debt. With five-year hardware refresh cycles and accelerating depreciation, Krishna warns hyperscalers face unsustainable economics chasing AGI.

5 Sources

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