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24 Feb 2026

Krafton names new AI chief who says tech will amplify creativity, months after hiring freeze

South Korean gaming publisher Krafton has promoted Kangwook Lee to Chief AI Officer, claiming AI will amplify human imagination and creativity. The appointment follows a hiring freeze, voluntary resignation programme, and $88 million investment in AI technology, raising questions about the company's commitment to human talent.

2 Sources

Uber CEO predicts robotaxis could fulfill majority of rides within 20 years as AI reshapes gig economy

Uber CEO Dara Khosrowshahi says most rides on the platform could be robot-operated within 15 to 20 years, as the company launches Uber Autonomous Solutions to accelerate robotaxi commercialization. The shift raises questions about the future of 9.5 million Uber contractors worldwide, though Goldman Sachs projects autonomous vehicles will capture just 8% of the U.S. rideshare market by 2030.

2 Sources

Firefox 148 rolls out AI kill switch as Mozilla balances user choice with modern AI browser vision

Mozilla released Firefox 148 with a comprehensive AI kill switch that lets users disable all AI enhancements with one click. The feature blocks ChatGPT integrations, sidebar chatbots, AI link previews, and smart tab suggestions. This move addresses user backlash while Mozilla pursues its AI-focused strategy under new leadership.

3 Sources

Canva acquires Cavalry and MangoAI to challenge Adobe with motion design and AI video tools

Canva announced the acquisition of Cavalry and MangoAI to strengthen its animation and marketing capabilities as software stocks face pressure from artificial intelligence concerns. The deals mark Canva's fourth and fifth acquisitions in two years, expanding its professional creative suite with 2D animation tools and AI-powered video advertising optimization to compete directly with Adobe.

4 Sources

Citrini Research warns AI job disruption could trigger 5% white-collar cuts, calls for windfall tax

A controversial report from Citrini Research sparked market turmoil after warning about AI's disruptive economic impact on jobs. Co-author Alap Shah estimates AI could eliminate 5% of white-collar employment within 18 months and proposes governments tax AI-generated windfall gains to cushion widespread job losses. The report triggered an AI scare trade that sent software stocks down 4.8%.

2 Sources

AI model predicts bone removal in cochlear implant surgery to enhance surgical planning

Researchers from Vanderbilt University and partners developed an AI model that predicts bone removal during cochlear implant surgery. The system analyzes CT scans to forecast mastoidectomy shape, achieving a 0.72 Dice score across 751 cases. This medical imaging technology could support robotic surgical tools and improve patient outcomes.

2 Sources

Cybersecurity Stocks Tumble on AI Threat Concerns as Analysts Call Investor Fears Overdone

CrowdStrike and Palo Alto Networks experienced steep declines following Anthropic's launch of Claude Code, an AI-powered security tool. But industry experts argue the sell-off in cybersecurity stocks reflects panic rather than fundamentals, with AI actually creating the biggest opportunity in cybersecurity history as threats accelerate and attack surfaces expand.

2 Sources

New AI tool logs into Canvas to complete homework automatically as 54% of teens use chatbots

A new AI agent called Einstein can log directly into Canvas and complete coursework automatically, from writing essays to taking quizzes. Meanwhile, Pew Research Center data reveals 54% of U.S. teens now use AI chatbots for homework, with 10% relying on them for most assignments. The developments signal a fundamental shift in how students approach education and raise urgent questions about academic integrity.

6 Sources

Amazon commits $12 billion to Louisiana AI data centers as Wall Street questions spending spree

Amazon announced a $12 billion investment to build AI data centers in northwestern Louisiana, creating 540 full-time jobs and 1,700 support roles. The move comes as Wall Street grows skeptical of the company's $200 billion capital expenditure plan for 2026, with shares dropping nine consecutive days and losing over $450 billion in market value following the earnings announcement.

4 Sources

Google bans Gemini accounts over OpenClaw usage as compute costs spiral out of control

Google has suspended customer accounts for using OpenClaw with its Gemini AI services and Antigravity platform, citing overwhelming compute demand. Users paying $250 per month for AI Ultra subscriptions lost access without warning, sparking debate over whether the usage was truly malicious or simply unexpected. The crackdown reveals how AI companies struggle to balance flat-rate pricing with actual infrastructure costs.

5 Sources

23 Feb 2026

IBM stock crashes 13% as Anthropic unveils AI tool to modernize decades-old COBOL systems

IBM experienced its steepest single-day stock decline in over 25 years, plummeting 13% after AI startup Anthropic announced that its Claude Code tool can automate COBOL modernization. The 67-year-old programming language remains the backbone of critical systems in banking, airlines, and government—sectors where IBM has maintained decades of dominance through its mainframe business.

23 Sources

C.H. Robinson CEO says AI will drive freight brokerage consolidation, not disruption

C.H. Robinson CEO Dave Bozeman dismissed investor fears following a 14.5% stock selloff triggered by AI disruption concerns in the freight brokerage industry. Instead of viewing artificial intelligence as a threat, Bozeman argues that AI will drive consolidation, with larger players leveraging proprietary data and scale to outpace smaller competitors who lack the resources to compete in an AI-driven market.

2 Sources

Anthropic accuses Chinese AI labs of industrial-scale theft as chip export debate intensifies

Anthropic alleges three Chinese AI companies—DeepSeek, Moonshot, and MiniMax—created over 24,000 fake accounts to extract Claude's capabilities through 16 million exchanges. The accusations spotlight distillation techniques and fuel debates over AI chip export controls, with critics noting the irony given Anthropic's own controversial data scraping practices.

38 Sources

AI Agents Create New Fraud Battleground as Chargebacks and Scams Surge in Autonomous Commerce

AI agents now handle autonomous shopping, but this convenience creates a murky new frontier for fraud and chargebacks. Friendly fraud surged from 15% to 36% of all fraud in 2024, while scam-related losses jumped 121% year-over-year. As agents execute purchases with minimal human oversight, merchants face unprecedented challenges proving consumer intent and fighting disputes in this new commerce landscape.

2 Sources

AI Robots Could Outnumber Human Workers by 2050 as Companies Accelerate AI Agent Adoption

A former Citi executive warns that AI robots could explode to 4 billion by 2050, vastly outnumbering the global workforce. The prediction comes as companies rapidly deploy AI agents for cost savings, with some robots paying for themselves in under 10 weeks. While job displacement concerns mount, some leaders see opportunities in the AI boom for skilled workers.

2 Sources

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