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AI news source. Articles are auto-selected and adapted by Hamidun News editors.
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AustralianSuper: Agentic AI Can Dramatically Reshape the Pension Sector
AustralianSuper, Australia's largest pension fund managing assets worth A$410 billion, has stated that agent AI has the potential to fundamentally transform how this sector operates and how it serves…
Anthropic to present AI model Mythos to G20 financial regulators
Anthropic received an unusual invitation: to present the AI model Mythos before the financial regulators of the G20.
Google I/O 2026: Gemini Intelligence, Android XR and the End of Chromebook
At Google I/O 2026, held May 19-20 in Mountain View, the company unveiled three strategic changes that will reshape its product landscape for years to come: a new Gemini Intelligence architecture, a…
Lexroom raises $50 million for AI focused on European civil law
Italian startup Lexroom has raised $50 million in a Series B for its legal AI platform focused on civil law. 8,000+ law firms in Europe already use the service, which was trained on 6 million documents.
Exadel acquires London-based Tangent: merger of AI-engineering and UX-design
The AI consulting ecosystem continues to consolidate. Exadel (owned by investment fund Sun Capital) has acquired Tangent, a London-based studio specializing in digital interface design and user…
Standard Chartered to cut 7,800 back-office positions through AI by 2030
Standard Chartered, one of the world's largest global banks with assets exceeding 800 billion dollars, has announced an ambitious plan to transform its operations.
Australia's CBA appoints Professor Mary-Anne Williams as Chief AI Scientist
Commonwealth Bank of Australia has brought in Professor Mary-Anne Williams as Chief AI Scientist, signaling that the development of foundational AI is a strategic priority.
Moonshot AI unwinds VIE structure in preparation for Hong Kong IPO
The developer of the Kimi chatbot is unwinding its VIE structure and preparing for a listing on the Hong Kong Stock Exchange, in what would be one of the largest IPOs among Chinese AI companies.
Barclays: humanoid robots will cover 60% of China's labor shortage
Barclays analysts estimate that humanoid robots will be able to offset 60% of the labor force decline in China by 2035 — about 24 million units amid a 37 million drop in the working-age population.
Amazon launched AI podcast generator based on content from 200+ publications
Amazon introduced Alexa Podcasts, a new feature for Alexa+ subscribers that generates full podcast episodes on demand using licensed content from 200+ publications.
Nyobolt raised $60M and became a unicorn thanks to its batteries for SymBot
British startup Nyobolt closed a $60M Series C at a $1 billion valuation, becoming a unicorn. Its ultra-fast batteries already power Symbotic's warehouse robots.
Meta to lay off 8,000 employees for $145 billion in AI investment
Meta is beginning its biggest layoffs in three years: 8,000 people will be laid off amid record profits and $145 billion in AI infrastructure investment. *Meta has been designated an extremist organization and is banned
Musk lost his lawsuit against OpenAI and Altman
Musk's lawsuit against OpenAI was dismissed by the court because it was filed after the statute of limitations had expired.
Lawrence Wong promises AI in Singapore will not lead to unemployment
Singapore's parliament pledged to prevent unemployment caused by AI. It is the clearest promise from a major Asian economy to avoid technological unemployment.
Moonshot AI reaches $20 billion valuation: Meituan and China Mobile invest $2 billion
Moonshot AI, developer of the Kimi chatbot, raised $2 billion and reached a $20 billion valuation — one of the fastest funding trajectories in China's AI sector.
Nexus Luxembourg 2026: why the AI conference will be the year's main event
The third edition of the Nexus Luxembourg conference coincides with a critical moment: the entry into force of key provisions of the EU AI Act. Luxembourg is becoming the center of discussions about the future of AI in E
Brussels approved AI Act compromise: ban on intimate deepfakes and delay
The European Parliament and the Council of the EU reached a compromise on the AI Act: they pushed the deadline to December 2027, eased requirements for small companies, and banned the creation of intimate images without
BadCo.AI on why car dealerships need AI orchestration instead of disconnected tools
Startup BadCo.AI explains why the future of automotive retail depends not on disconnected AI tools, but on systems that orchestrate the entire buyer journey.
OpenAI to merge ChatGPT and Codex under Greg Brockman's oversight
OpenAI is merging ChatGPT, Codex, and the developer API into a single agentic platform. Greg Brockman is taking full control of the company's product strategy, ending the era of experiments.
Soderbergh defends use of Meta AI in Lennon documentary
Director Steven Soderbergh used Meta AI in his documentary about John Lennon. Critics hated it at the Cannes Film Festival, but the director insists that was his intention.
Seven professions created by AI: from evangelist to philosopher
AI companies are creating entirely new roles that did not exist two years ago, from platform evangelists to AI ethics specialists.
OBON Corp. and Nvidia billions: how Thailand helped China evade sanctions
U.S. prosecutors accused Thai company OBON Corp., a partner in Thailand’s national AI strategy, of smuggling Nvidia servers into China worth billions of dollars.
OpenAI introduced GPT-Realtime-2 with reasoning in live dialogue
OpenAI released three new voice API models, including GPT-Realtime-2 with level-5 reasoning, a translation model for 70+ languages, and streaming Whisper for transcription.
NVIDIA invests $2.1 billion in IREN's AI data center infrastructure
NVIDIA will invest up to $2.1 billion in data center operator IREN, combining its chip architecture with five-gigawatt infrastructure for AI.
will.i.am teaches students to build AI agents amid a wave of industry layoffs
As the industry lays off 73,000 employees, musician will.i.am is teaching 75 college students how to build AI agents that push people out of the labor market.
Cerebras completes the largest tech IPO in five years, valued at $95 billion
Wafer-scale chip company Cerebras completed its Nasdaq IPO at a $95 billion valuation, raising $5.55 billion — the largest U.S. tech IPO since Snowflake's debut in 2020.
GM, Ford and Stellantis cut 20,000 office jobs — AI to accelerate the wave
The three US automakers together laid off more than 20,000 office employees (19% of their white-collar workforce). This week, GM laid off 500–600 IT specialists, which analysts see as a signal that the trend will acceler
ArXiv to ban authors for a year over unchecked AI content in papers
ArXiv has introduced a policy against AI slop: authors who upload papers with clear signs of unchecked AI content will receive a one-year suspension. It is the first major move by a major scientific platform against auto
Hugging Face and ClawHub compromised: malware in hundreds of AI models
Systemic compromise of ML model repositories. Hugging Face and ClawHub contain hundreds of malicious models capable of executing arbitrary code on developers' machines.
Uber’s Avride robotaxi comes under investigation over 16 crashes in four months
Uber’s Avride robotaxi is under NHTSA investigation after 16 crashes in Dallas during four months of operation. The regulator called the vehicles overly confident but incapable of handling complex situations.