Latest News On AI In Business & Economy | Page 2

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Follow updates sorted by the date they surfaced.

22 Jan 2026

PayPal acquires Cymbio to accelerate agentic commerce across AI shopping platforms

PayPal announced the acquisition of Tel Aviv-based Cymbio to strengthen its agentic commerce capabilities. The deal enables merchants to sell products through AI chatbots like Microsoft Copilot and Perplexity, with ChatGPT and Google Gemini support coming soon. Cymbio's technology will power PayPal's Store Sync service, helping brands maintain control while reaching millions of AI platform shoppers.

4 Sources

Hyundai's humanoid robot plans spark fierce labor union resistance over mass job losses

Hyundai Motor Group's announcement to deploy Boston Dynamics' Atlas humanoid robots at its factories by 2028 has triggered fierce opposition from its labor union. The union warns that the planned deployment of 30,000 robots annually could bring a massive employment shock, while Hyundai argues the robots will handle dangerous tasks and boost efficiency.

4 Sources

Software Stocks Tumble as AI Disruption Fears Trigger M&A Activity and Private Equity Interest

Cloud software stocks have plunged more than 8% this year as investors worry artificial intelligence will displace traditional enterprise software. But Orlando Bravo of Thoma Bravo sees the selloff as creating exceptional buying opportunities, arguing that software companies' deep domain knowledge positions them to lead enterprise AI adoption rather than be disrupted by it.

2 Sources

Nvidia slashes RTX 50-series production to prioritize AI demand, triggering GPU drought

Nvidia is reportedly cutting production of its RTX 50-series consumer graphics cards by 15-20% through at least Q3 2026 to meet surging AI demand. The RTX 5060 may be discontinued for six months, while flagship models like the RTX 5090 and 5070 Ti could become nearly unobtainable. Industry sources warn of potential 30-50% price increases as the company prioritizes AI data centers over gaming hardware.

4 Sources

Alibaba plans IPO for chip unit T-Head to bankroll $53B AI infrastructure push

Alibaba is preparing to list its AI chipmaking unit T-Head through an initial public offering, tapping surging investor demand for companies competing in the AI accelerator market. The move follows CEO Eddie Wu's pledge of over $53 billion toward AI infrastructure investments. T-Head will first be restructured with partial employee ownership before the IPO, though timing remains unclear.

5 Sources

OpenAI pursues $50 billion funding round from Middle East investors at $830 billion valuation

OpenAI CEO Sam Altman is courting Middle East sovereign wealth funds for a massive $50 billion funding round that could value the ChatGPT maker at up to $830 billion. The move comes less than a month after closing a record $40 billion SoftBank investment, as the AI leader races to finance its ambitious infrastructure plans while facing intensifying competition from Google and Anthropic.

5 Sources

Broadcom CEO reports insatiable demand for AI chips as infrastructure spending explodes

Broadcom CEO Hock Tan told TD Cowen analysts that demand for the company's AI chips and networking solutions remains insatiable, with a $73 billion backlog expected to ship over 18 months. The company is positioned to benefit massively as hyperscalers shift toward custom ASICs, with AI revenue potentially doubling to $100 billion by fiscal 2027.

2 Sources

Ubisoft accelerates player-facing generative AI investment amid restructuring and layoffs

Ubisoft announced major restructuring plans including layoffs and seven project cancellations while accelerating investments in player-facing generative AI. The publisher intends to integrate AI-powered NPCs directly into gameplay experiences, particularly in open-world games, despite growing industry backlash against generative AI technology.

2 Sources

Jamie Dimon warns AI rollout may need to slow down to prevent civil unrest and job disruption

JPMorgan Chase CEO Jamie Dimon told the World Economic Forum that AI adoption may outpace society's ability to adapt, potentially triggering civil unrest. He called for phased implementation, retraining programs, and even government intervention to protect over 300,000 employees, citing the trucking industry's 2 million workers as a critical example of where safeguards are needed.

5 Sources

21 Jan 2026

Google Gemini stays ad-free as DeepMind CEO questions OpenAI's rush to introduce ChatGPT ads

Google DeepMind CEO Demis Hassabis expressed surprise at OpenAI's decision to introduce ads in ChatGPT, stating Google has no plans for Gemini ads. Speaking at the World Economic Forum in Davos, Hassabis emphasized the need to think carefully about how advertising fits into AI assistants meant to work for users, raising concerns about user trust and the quality of the experience.

8 Sources

OpenAI and Anthropic intensify enterprise AI push as business customers become primary revenue focus

OpenAI and Anthropic revealed at Davos that enterprise customers now represent 40% and 80% of their respective businesses. Both artificial intelligence startups are racing to expand their enterprise footprint, with OpenAI projecting enterprise revenue to reach 50% by year-end as competition intensifies for lucrative business contracts.

3 Sources

Elon Musk races to take SpaceX public by July to fund orbital AI data centers in space

Elon Musk is reportedly preparing a SpaceX IPO by July to raise billions for AI data centers in space, marking a dramatic shift from his long-held position against going public before reaching Mars. The move aims to help xAI compete with OpenAI and Google while addressing the massive power demands of artificial intelligence infrastructure.

4 Sources

AI Apps Drive Consumer Spending Past Games for First Time as Mobile Revenue Hits $85 Billion

Consumer spending on mobile apps reached a historic milestone in 2025, with non-game apps surpassing games globally for the first time. Generative AI apps led the surge, tripling in-app purchase revenue to exceed $5 billion as downloads doubled to 3.8 billion. ChatGPT alone generated $3.4 billion, while users spent 48 billion hours engaging with AI assistants.

2 Sources

Jensen Huang says AI infrastructure buildout will create more jobs for skilled trades workers

Nvidia CEO Jensen Huang argued at the World Economic Forum that AI will drive demand for plumbers, electricians, and construction workers as the industry undertakes what he calls the largest infrastructure buildout in human history. While AI threatens white-collar displacement, Huang says trade workers could earn six-figure salaries building chip factories and data centers needed to power the AI boom.

19 Sources

Nvidia CEO Jensen Huang visits China as Beijing weighs H200 AI chip approval amid trade tensions

Nvidia CEO Jensen Huang has arrived in China for his annual Lunar New Year visit, but this time the stakes are higher. Beijing is deciding whether to approve imports of Nvidia's H200 AI chip, with Chinese tech giants like Alibaba, Tencent, and ByteDance receiving preliminary clearance to prepare massive orders exceeding 200,000 units each.

13 Sources

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