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10 Oct 2025

Klarna CEO Warns of AI's Massive Impact on Jobs, Halves Workforce

Sebastian Siemiatkowski, CEO of Klarna, warns of AI's significant impact on jobs, particularly in knowledge work. He criticizes tech leaders for downplaying AI's effects and shares how Klarna has leveraged AI to reduce its workforce by half.

3 Sources

Meta Pushes AI Integration to Accelerate Metaverse Development

Meta's Metaverse team is urged to use AI to boost productivity fivefold, signaling a shift in the company's approach to its virtual reality ambitions.

3 Sources

Mercedes-Benz and Google Unveil Gemini-Powered In-Car AI Assistant

Mercedes-Benz and Google showcase Gemini AI integration in the upcoming CLA model, revolutionizing in-car virtual assistants with natural language processing and contextual awareness.

2 Sources

SoftBank Seeks $5 Billion Loan Backed by Arm Shares to Fuel AI Investments

SoftBank is in talks to secure a $5 billion margin loan using Arm Holdings shares as collateral. The funds are intended to boost investments in OpenAI and other AI projects, highlighting SoftBank's aggressive push into the AI sector.

3 Sources

Global Financial Regulators Intensify AI Monitoring Amid Growing Adoption

Global financial watchdogs, including the G20's Financial Stability Board and the Bank for International Settlements, are increasing their scrutiny of artificial intelligence in the financial sector. This move comes as banks and financial institutions rapidly adopt AI technologies, raising concerns about potential risks to financial stability.

2 Sources

Apple Gears Up for AI-Powered Health+ Subscription Launch in 2026

Apple is reorganizing its health division and preparing to launch Health+, an AI-driven health subscription service, in 2026. This move signifies Apple's strategic shift towards personalized wellness management and expanding its services revenue.

2 Sources

EA Clarifies Generative AI's Role in Battlefield 6 Development Amid Industry Debates

EA executive Rebecka Coutaz confirms no generative AI content in Battlefield 6, but acknowledges its use in early development stages. The statement comes amidst broader discussions on AI's role in game development and EA's recent buyout.

4 Sources

Microsoft Unveils AI Factory, Challenging OpenAI's Data Center Ambitions

Microsoft deploys its first large-scale AI system, showcasing existing infrastructure capabilities amidst OpenAI's push to build its own data centers. The move highlights the intensifying competition in AI computing power.

2 Sources

OpenAI's Sora 2: A Leap in AI Video Generation Raises Environmental Concerns

OpenAI's launch of Sora 2, a powerful AI video generator, sparks debate over the environmental impact of AI technologies. The new tool's impressive capabilities come with significant computational demands, highlighting the growing energy and resource consumption of AI systems.

2 Sources

Microsoft Azure Unveils World's First NVIDIA GB300 NVL72 Supercomputing Cluster for AI Workloads

Microsoft has deployed a groundbreaking supercomputer-scale cluster of NVIDIA GB300 NVL72 systems on its Azure platform, featuring over 4,600 Blackwell Ultra GPUs. This state-of-the-art infrastructure aims to accelerate AI model training and inference for OpenAI's most demanding workloads.

6 Sources

MediaTek's Dimensity 9500: Reshaping India's Smartphone Landscape with AI and Gaming Prowess

MediaTek launches the Dimensity 9500 chipset at IMC 2025, challenging Qualcomm's dominance in India with advanced AI capabilities and console-grade gaming features. OPPO's Find X9 Series set to be the first global smartphone lineup powered by the new SoC.

3 Sources

China Bans TechInsights After Revealing Foreign Components in Huawei's AI Chips

China has blacklisted Canadian semiconductor research firm TechInsights following a report that exposed the use of foreign components in Huawei's latest AI chips. This move highlights the ongoing tensions in the global chip industry and China's push for technological self-sufficiency.

2 Sources

US-China Chip War Intensifies: Nvidia Caught in the Crossfire

The US Senate passes a bill prioritizing AI chip sales to American companies, while China tightens customs checks on Nvidia GPUs. This escalation in the tech war puts Nvidia in a challenging position, potentially reshaping the global AI supply chain.

11 Sources

Elastic NV Surges on $500M Buyback, AI Acquisition, and GPU-Powered Service Launch

Elastic NV's stock jumps 8% after announcing a $500 million share repurchase program, completing the acquisition of Jina AI, and launching a new GPU-accelerated inference service. The company strengthens its AI capabilities and market position.

2 Sources

Klarna and Google Cloud Forge AI Partnership for Enhanced Shopping Experience

Klarna partners with Google Cloud to leverage advanced AI technologies for personalized shopping experiences. The collaboration aims to revolutionize creative content generation, enhance security measures, and drive customer engagement.

2 Sources

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