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Goodwill CEO Warns of AI-Driven Youth Unemployment Crisis

Goodwill CEO Steve Preston predicts a surge in jobless Gen Z workers due to AI automation, particularly affecting entry-level and low-wage positions. He emphasizes the importance of digital skills and adaptability in the changing job market.

2 Sources

Yesterday

Meta's AI Prodigy Alexandr Wang Predicts 'Vibe Coding' Revolution

Alexandr Wang, Meta's 28-year-old billionaire, advocates for 'vibe coding' as the future of programming. He believes the next tech genius will emerge from today's 13-year-olds experimenting with AI tools.

2 Sources

Microsoft CEO Nadella Expresses Concerns Over AI's Impact on Company's Future

Satya Nadella, Microsoft's CEO, voices apprehension about the company's ability to remain relevant in the AI era. He draws parallels with Digital Equipment Corporation's downfall and acknowledges the need for adaptation in a rapidly evolving tech landscape.

2 Sources

Flora Growth Rebrands to ZeroStack, Secures $401M for AI Blockchain Project

Nasdaq-listed Flora Growth announces a $401 million funding round to support Zero Gravity (0G), a decentralized AI blockchain project. The company plans to rebrand as ZeroStack and shift focus from cannabis to AI infrastructure.

3 Sources

19 Sept 2025

Oracle in Talks with Meta for Massive $20 Billion AI Cloud Computing Deal

Oracle is reportedly negotiating a multi-year cloud computing contract worth approximately $20 billion with Meta Platforms. The deal would provide Meta with computing power for AI model training and deployment, signaling Oracle's growing importance in AI infrastructure.

4 Sources

Meta Ventures into Power Trading as AI Drives Electricity Demand

Meta, Facebook's parent company, is entering the wholesale power-trading business to manage the increasing electricity needs of its AI-driven data centers. The move highlights the growing energy demands of AI development and tech giants' strategies to balance power consumption and sustainability.

2 Sources

Elon Musk's xAI Reportedly Raises $10 Billion at $200 Billion Valuation, Sparking Controversy

Elon Musk's AI startup xAI has reportedly raised $10 billion at a $200 billion valuation, making it one of the world's most valuable startups. However, conflicting reports and Musk's denial have created uncertainty around the funding round.

4 Sources

Nvidia Unveils N1 SoC: Powering DGX Spark and Future AI Systems

Nvidia CEO Jensen Huang confirms that the long-rumored N1 SoC is identical to the GB10 Superchip, set to power DGX Spark systems. This powerful AI-focused chip combines ARM-based CPU and Blackwell-based GPU technologies, showcasing Nvidia's commitment to both ARM development and its new partnership with Intel.

2 Sources

OpenAI's $100 Billion Backup Server Investment Signals Massive AI Infrastructure Expansion

OpenAI plans to invest $100 billion in backup servers over five years, on top of $350 billion already projected for server rentals. This massive expenditure highlights the company's ambitious growth plans and the increasing importance of computing power in AI development.

4 Sources

OpenAI's Ambitious Hardware Push: AI-Powered Devices in Development

OpenAI, in collaboration with Jony Ive's design firm, is developing a range of AI-powered hardware devices. The company is tapping into Apple's supply chain and talent pool to create innovative products that could reshape how we interact with AI.

13 Sources

Microsoft Expands AI Integration in Teams with New Copilot Agents

Microsoft is introducing a range of AI agents powered by Copilot to enhance productivity across Teams, SharePoint, and Viva Engage. These agents aim to streamline meetings, improve communication, and automate various tasks within the Microsoft 365 ecosystem.

2 Sources

Huawei's DeepSeek-R1-Safe: AI Advancement Meets Content Control in China

Huawei collaborates with Zhejiang University to develop DeepSeek-R1-Safe, an AI model designed to censor politically sensitive content. The model claims near-perfect success in preventing discussion of controversial topics, aligning with China's regulatory requirements for AI.

4 Sources

Samsung Breaks into NVIDIA's HBM3E Supply Chain, Challenging SK hynix's Dominance

Samsung Electronics has passed NVIDIA's strict qualification tests for HBM3E 12-Hi memory, securing a contract to supply 10,000 units for AI GPUs. This breakthrough positions Samsung as a strong competitor to SK hynix in the high-end memory market.

2 Sources

SoftBank Vision Fund Cuts 20% of Staff, Pivots to Bold AI Investments

SoftBank Group's Vision Fund is laying off 20% of its global workforce as it shifts focus to large-scale artificial intelligence investments. This move comes despite the fund's strongest quarterly performance since June 2021, signaling a strategic pivot under founder Masayoshi Son's leadership.

4 Sources

Nvidia Eyes $500 Million Investment in UK Self-Driving Startup Wayve

Nvidia is exploring a significant $500 million investment in Wayve, a UK-based self-driving technology startup. This potential deal is part of Nvidia's larger £2 billion commitment to boost the UK's AI startup ecosystem.

12 Sources

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