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Alan raises €480M led by Prosus at €5.5 billion valuation for AI-driven prevention insurance

French insurtech Alan has secured €480M in Series G funding led by Prosus at a €5.5 billion valuation, just three months after its previous round. The Paris-based company is reshaping health insurance with AI-driven prevention, bundling health cover, care navigation, and wellbeing services into a single platform that acts before illness strikes.

Startups2 sources

Alan raises €480M led by Prosus at €5.5 billion valuation for AI-driven prevention insurance

Startups2 sources

Tim Sweeney calls Valve's Steam AI disclosures irresponsible as Unreal Engine doubles down on AI

Epic Games CEO Tim Sweeney has sharply criticized Valve's requirement for AI disclosures on Steam, calling it irresponsible and claiming it makes success much harder for game developers. The comments come as Epic unveils AI integrations in Unreal Engine 5.8 and the upcoming Unreal Engine 6, intensifying the debate over AI in game development and transparency in the gaming industry.

Technology4 sources

Tim Sweeney calls Valve's Steam AI disclosures irresponsible as Unreal Engine doubles down on AI

Technology4 sources

Hollywood workers quietly train AI models as entertainment jobs dry up and survival takes priority

Three years after the 2023 strikes raised alarms about AI replacing entertainment workers, some of those same workers are now training the technology that worries them. As film and TV jobs grow harder to find, writers, editors, and executives across Hollywood are quietly taking gig work in Reinforcement Learning from Human Feedback to pay the bills.

Entertainment2 sources

Hollywood workers quietly train AI models as entertainment jobs dry up and survival takes priority

Entertainment2 sources

AI coding costs set to rival developer salaries as token usage surges, warns Gartner

Gartner predicts enterprises will soon pay as much for AI coding tokens as they do for developer salaries within the next two years. The surge is driven by growing adoption of generative AI and agentic tools, combined with consumption-based pricing models that replace traditional flat-rate SaaS licensing. Organizations need disciplined cost management strategies to avoid budget overruns.

Business2 sources

AI coding costs set to rival developer salaries as token usage surges, warns Gartner

Business2 sources

Hyundai workers vote to strike as humanoid robots threaten factory jobs

Hyundai workers in South Korea have voted overwhelmingly to authorize a strike over the automaker's plan to deploy thousands of Atlas humanoid robots. With 92% backing the action, the Korean Metal Workers' Union demands a say in AI automation decisions and job guarantees before any robots reach production lines.

Business3 sources

Hyundai workers vote to strike as humanoid robots threaten factory jobs

Business3 sources

Commvault stock surges 4.6% on multi-year Microsoft Azure partnership for AI cyber resilience

Commvault Systems shares jumped 4.6% following the announcement of a strategic partnership with Microsoft to embed AI-driven cyber resilience tools natively into Microsoft Azure. The multi-year deal allows Azure customers to access Commvault's data protection and recovery technologies directly from the cloud platform without separate infrastructure.

Business2 sources

Commvault stock surges 4.6% on multi-year Microsoft Azure partnership for AI cyber resilience

Business2 sources

Vishal Sikka's Hang Ten Systems raises $32M to challenge IT services with enterprise AI

Former Infosys CEO Vishal Sikka has launched Hang Ten Systems, securing $32 million in seed funding led by Mayfield. The enterprise AI startup aims to replace traditional IT services with AI-driven development and automation, already working with clients like Siemens Gamesa and Fresenius just a month after launch.

Startups3 sources

Vishal Sikka's Hang Ten Systems raises $32M to challenge IT services with enterprise AI

Startups3 sources

Companies scramble to control AI spending as tokenmaxxing era crashes over unpredictable costs

After encouraging unlimited AI use, major companies are now racing to implement AI cost control measures as bills spiral out of control. Consulting giant Accenture is restricting employees from using AI for basic tasks like PDF conversion, while Uber capped its AI budget after spending its entire 2026 allocation in just four months. The shift from flat-fee to usage-based pricing models has exposed the unpredictability of AI costs.

Business9 sources

Companies scramble to control AI spending as tokenmaxxing era crashes over unpredictable costs

Business9 sources

Taktile raises $110M from Goldman Sachs to automate high-stakes financial decisions with AI

Berlin-and-New-York startup Taktile has raised $110 million in a Series C round led by Goldman Sachs Alternatives to automate critical banking and insurance decisions. The company's AI-driven Agentic Decision Platform enables financial institutions to hand over underwriting, claims processing, and fraud detection to AI agents while maintaining human oversight and control.

Startups4 sources

Taktile raises $110M from Goldman Sachs to automate high-stakes financial decisions with AI

Startups4 sources

Santander eyes 3,000 early retirements in Spain as AI reshapes European banking workforce

Spanish banking giant Santander has initiated talks with unions over voluntary early retirement for up to 3,000 employees in Spain, representing 10-15% of its domestic workforce. The move reflects broader AI-driven restructuring across European banks, with Santander projecting over €1 billion in cost savings and revenue from AI initiatives by 2028.

Business2 sources

Santander eyes 3,000 early retirements in Spain as AI reshapes European banking workforce

Business2 sources

CD Projekt Red co-CEO warns AI-generated games are coming but questions their success

CD Projekt Red joint CEO Michał Nowakowski says fully AI-generated games are on the horizon, with AI studios claiming they can launch games in just three weeks. But he doubts flooding the market with AI-driven content will succeed, as concerns grow about platform saturation and quality games getting buried under what players call 'AI slop.'

Technology2 sources

CD Projekt Red co-CEO warns AI-generated games are coming but questions their success

Technology2 sources

Morgan Stanley doubles China humanoid robot forecast to 50,000 as commercialization accelerates

Morgan Stanley has sharply raised its outlook for China's humanoid robotics market for the second time this year, now expecting 50,000 units to ship in 2026. The Wall Street bank says the industry's shift from demonstration to commercial deployment has proved faster than expected, driven by policy support and supply-chain advancements.

Business3 sources

Morgan Stanley doubles China humanoid robot forecast to 50,000 as commercialization accelerates

Business3 sources

Investors use AI in finance for research but trust human financial advisors for final decisions

An HSBC survey of nearly 10,000 wealthy investors across 10 markets reveals a clear division of labor in wealth management. While 73% use AI tools for research and risk assessment, 62% still turn to human financial advisors as their main source of investment ideas. Only 12% cite AI as the most influential factor in final investment decisions, highlighting a hybrid model where technology assists but human judgment prevails.

Business3 sources

Investors use AI in finance for research but trust human financial advisors for final decisions

Business3 sources

MoEngage acquires Aampe, betting millions of AI agents will reshape marketing's future

Indian customer engagement firm MoEngage has acquired San Francisco-based Aampe in a multi-million dollar all-cash deal. The acquisition brings autonomous AI agents that personalize messaging for individual customers, moving beyond traditional audience segments. MoEngage aims to challenge rivals like Salesforce and Adobe while exploring more acquisitions in the US and Europe.

Technology2 sources

MoEngage acquires Aampe, betting millions of AI agents will reshape marketing's future

Technology2 sources

EA exec Laura Miele says AI drives creativity boost by removing tedious development tasks

Electronic Arts' president of enterprise development Laura Miele claims AI has sparked a real rise in creativity at EA studios by eliminating tedious tasks and enabling faster prototyping. Speaking at Summer Game Fest, she highlighted how AI tools streamline game development workflows, though employees reportedly fear the technology justifies layoffs amid EA's $55 billion Saudi acquisition.

Technology3 sources

EA exec Laura Miele says AI drives creativity boost by removing tedious development tasks

Technology3 sources

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