AI in News – Curated Headlines That Matter Today

Explore Stories by Date

Yesterday

India's IT-BPM hiring to plunge 26% in H1 FY27 as AI automation transforms workforce strategy

India's IT-BPM sector is bracing for one of its weakest hiring phases, with net workforce additions expected to fall below 70,000 in H1 FY27—down 26% from 95,000 last year. Companies are pivoting to AI-driven productivity and flexible talent models, signaling a structural shift away from traditional headcount-led growth.

2 Sources

Amex Ventures Invests in Fazeshift to Expand AI Agent Platform Beyond Accounts Receivable

Amex Ventures has invested in Fazeshift, an autonomous finance startup that automates accounts receivable workflows. The investment builds on Fazeshift's $22 million Series A and will fuel the company's expansion beyond accounts receivable toward a comprehensive CFO suite for autonomous finance.

2 Sources

Tencent Turns Down 30% Instant Profit on $53B AI Infrastructure to Build Own Models

Tencent reported Q2 earnings revealing it rejected immediate 30% profits from renting compute capacity, instead investing $53 billion in AI infrastructure. The Chinese tech giant's capital expenditure jumped 176% as it builds proprietary AI models like Hunyuan-4, despite investor skepticism pushing shares down 26% year-to-date.

7 Sources

Ryanair signs five-year Google Cloud AI partnership to transform airline operations

Europe's largest airline by passenger numbers has inked a five-year cloud partnership with Google Cloud, deploying Gemini Enterprise and DeepMind models across 35,000 employees. The deal establishes a dual-cloud strategy alongside AWS to support Ryanair's ambitious target of carrying 300 million passengers annually by 2034.

5 Sources

Foxconn Posts 35% Profit Surge as AI Servers Overtake iPhone Assembly for First Time

Foxconn reported a 35% profit surge to $1.86 billion in Q2 2026, driven by exploding AI server demand. The company's cloud and networking division now accounts for 51% of revenue, surpassing iPhone assembly for the first time. Despite beating forecasts with 41% revenue growth, Foxconn faces mounting competition as its high-end rack market share is projected to drop from 51% to 39%.

5 Sources

CoreWeave Revenue Doubles to $2.58 Billion as AI Infrastructure Demand Surges Despite Rising Debt

AI infrastructure provider CoreWeave reported Q2 2026 revenue of $2.58 billion, up 112% year-over-year, driven by accelerating AI infrastructure demand from hyperscalers. Despite the growth, the company posted a $626 million net loss and carries $35.6 billion in debt as it races to build AI computing capacity.

25 Sources

RBI Governor Urges Banks to Use AI to Approve Loans Humans Would Reject, Calls for Strong Governance

Reserve Bank of India Governor Sanjay Malhotra wants Indian banks to deploy AI systems that can approve loans for first-time borrowers and gig workers using alternative data like cash flows and GST filings. Speaking at the FIBAC conference in Mumbai, he outlined how AI could transform Indian banking while warning about black box problems, biases, and cybersecurity risks that demand strict governance frameworks.

7 Sources

Saber Interactive CEO Sparks Firestorm After Writer Claims She Was Replaced with ChatGPT

A public dispute erupted between Saber Interactive and former lead writer Stella Sacco over undisclosed AI use in Rideshare Stimulator. CEO Matthew Karch denied replacing writers with ChatGPT but admitted AI powers the game's experimental free-ride mode, intensifying debate about AI's role in creative industries and labor displacement.

10 Sources

Google Gemini reaches 1 billion users faster than any Google product, challenging ChatGPT dominance

Google CEO Sundar Pichai announced that Gemini has achieved 1 billion monthly active users, making it the fastest-growing Google product ever. The AI chatbot reached this milestone ten weeks after ChatGPT hit the same mark, with over 100 million users on iOS and 63% using voice input. However, concerns emerge as Google delays Gemini 3.5 Pro and faces leadership changes at DeepMind.

15 Sources

iOS 27 Beta 5 Links Apple Intelligence Access to iCloud+ Subscription Tiers

iOS 27 beta 5 confirms Apple is tying Apple Intelligence feature limits to iCloud+ subscription tiers. Higher storage plans unlock more AI-generated video summaries for HomeKit Secure Video cameras and increased daily usage limits for image generation. The move signals Apple's shift toward a tiered AI subscription model.

2 Sources

11 Aug 2026

Lionsgate Pressured to Sell as Activist Investor Warns of AI Threat to Film Library Value

Activist investor Anson Funds is pushing Lionsgate to either transform itself for the generative AI era or put itself up for sale, arguing the market has wrongly categorized the studio as an AI casualty. The pressure comes as Lionsgate stock has reacted sharply to releases of AI video models, despite owning a 20,000-title film library that could be a licensing asset.

3 Sources

New York Post Unveils Hamilton AI Chatbot Powered by Google Cloud for Personalized News Discovery

The New York Post launched Hamilton, an AI chatbot named after founder Alexander Hamilton, across its Android and iOS apps. Powered by Google Cloud's Gemini models, Hamilton delivers personalized news briefings, conversational search, and hyper-personalized content recommendations to transform how readers engage with journalism ahead of the publication's 225th anniversary.

2 Sources

AI Compute Becomes Tradable as CME Group Launches First GPU Futures Contracts

CME Group partners with Silicon Data to launch futures contracts for Nvidia H100 and B200 GPU rentals on October 5, pending regulatory approval. The move transforms AI computing power into a standardized commodity, giving companies hedging tools and public reference prices for what was previously an opaque market.

4 Sources

Google Health Partners with Abbott to Bring Real-Time Glucose Monitoring Through Lingo CGM

Google Health is teaming up with pharmaceutical giant Abbott to integrate continuous glucose monitor support into its app. Starting later this year, Abbott's Lingo CGM will sync automatically with Google Health, delivering AI-powered personalized health guidance based on real-time blood glucose data alongside nutrition, exercise, and sleep metrics.

2 Sources

China Blocks Meta's $2 Billion Manus Acquisition, AI Startup to Resume Independent Operations

China's National Development and Reform Commission ordered Meta to reverse its $2 billion acquisition of Manus, the AI agent startup founded in China. The decision forces Manus to resume independent operations and delete user data generated since December 2025, highlighting Beijing's determination to retain control over domestic AI innovators amid intensifying US-China competition.

7 Sources

Get all updates into your inbox 💌, Stay Up-to-date for Free 🥳

Don’t drown in AI news. We cut through the noise - filtering, ranking and summarizing the most important AI news, breakthroughs and research daily. Follow topics that matter to you and stay ahead.

Explore

News Categories

Technology Business Policy Startups Health Science Entertainment

Terms Privacy Content Contact Us