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28 Oct 2025

Starling Bank Unveils AI-Powered Anti-Scam Tool to Combat Online Fraud

Starling Bank launches an innovative AI-powered tool called Scam Intelligence to help customers detect potential fraud in online marketplaces. The UK fraud minister praises the initiative as a significant step in the fight against digital scams.

2 Sources

OpenAI vs Anthropic: Diverging Strategies in the AI Race

A comparison of OpenAI and Anthropic's contrasting approaches to AI development and monetization. While OpenAI focuses on consumer-facing products, Anthropic targets enterprise solutions, leading to different market positions and revenue models.

2 Sources

Bessemer Venture Partners Bets on AI to Disrupt $264 Billion Indian IT Services Industry

Bessemer Venture Partners predicts AI will transform India's IT services sector, projecting growth to $400 billion by 2030. The firm is investing in AI-first startups to challenge traditional models and capture new opportunities in the evolving market.

2 Sources

Zoom CEO Eric Yuan Predicts AI Will Enable Three to Four-Day Workweeks Within Five Years

Zoom's CEO Eric Yuan believes AI assistants and digital twins will revolutionize workplace productivity, potentially reducing the standard workweek to just three or four days within the next five years. The company is heavily investing in AI technologies including avatars that can attend meetings and handle routine tasks.

4 Sources

Foxconn's $1.37 Billion Investment in AI and Supercomputing Infrastructure

Taiwan's Foxconn, a major electronics manufacturer, has announced a significant investment of $1.37 billion to build an AI compute cluster and supercomputing center. This move signifies Foxconn's strategic shift towards high-performance computing and cloud services.

3 Sources

Saudi Arabia Aims to Become Global AI Hub with HUMAIN-Qualcomm Partnership

HUMAIN and Qualcomm Technologies announce a strategic collaboration to deploy advanced AI infrastructure in Saudi Arabia, aiming to establish the kingdom as a global center for AI and semiconductor innovation.

3 Sources

OpenAI Offers Free ChatGPT Go for One Year to All Indian Users in Strategic Market Expansion

OpenAI announces a one-year free ChatGPT Go subscription for all users in India starting November 4, coinciding with its first DevDay Exchange event in Bengaluru. The move aims to boost adoption in its second-largest market after the US.

9 Sources

Chegg Slashes 45% of Workforce, Blames AI Impact on Business

Chegg, the online education company, announces massive layoffs and leadership changes due to the impact of AI on its business model. The company cites reduced traffic from Google and competition from AI tools as key factors in its decision.

4 Sources

Google Revives Fitbit: New Hardware and AI-Powered Coaching Coming in 2026

Google announces plans for new Fitbit hardware in 2026, along with an AI-powered personal health coach. The move aims to reinvigorate the Fitbit brand while maintaining its focus on simplicity and long battery life.

2 Sources

Google Partners with NextEra to Restart Iowa Nuclear Plant for AI Data Centers

Google and NextEra Energy announce a 25-year agreement to revive Iowa's Duane Arnold nuclear plant by 2029, marking the latest Big Tech move to secure clean energy for AI infrastructure amid surging electricity demand.

8 Sources

27 Oct 2025

Amazon Cuts 14,000 Corporate Jobs in Major AI-Driven Restructuring

Amazon announces its second-largest layoff in company history, eliminating 14,000 corporate positions as part of a strategic shift to invest heavily in AI technology and reduce organizational bureaucracy.

46 Sources

LSEG and Anthropic Partner to Enhance AI-Powered Financial Data Access

London Stock Exchange Group (LSEG) collaborates with AI startup Anthropic to provide Claude users access to licensed financial data. This partnership aims to revolutionize financial analysis by integrating LSEG's trusted data with Anthropic's AI capabilities.

2 Sources

Meta Reshuffles AI Leadership: Vishal Shah Appointed to Key Role

Mark Zuckerberg appoints longtime Meta executive Vishal Shah to a crucial position in the company's AI team, signaling a strategic shift in Meta's AI efforts amidst intense competition in the field.

2 Sources

OpenAI Urges U.S. Government to Boost Energy Capacity for AI Dominance

OpenAI calls on the U.S. to significantly increase power generation capacity, describing electricity as a 'strategic asset' in the AI race against China. The company emphasizes the need for urgent action to maintain America's leadership in AI development.

4 Sources

MiniMax-M2: The New Open-Source AI Powerhouse Challenging Proprietary Models

MiniMax-M2, a newly released open-source AI model, is making waves in the AI community with its impressive performance in coding and agentic tasks, rivaling proprietary models while offering cost-efficiency and enterprise-friendly licensing.

2 Sources

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