AI news today: Reason behind rising techie layoffs, AI-altered version of 'Raanjhanaa' causes uproar and more

Aanand L Rai has condemned an AI-altered version of 'Raanjhanaa,' sparking debate over consent in Bollywood. OpenAI's revenue doubles, reaching $12 billion, as Microsoft's valuation surpasses $4 trillion due to AI optimism. However, AI is also cit...

Agencies
AI news today: Filmmaker Aanand L Rai has publicly criticised an AI-altered version of his 2013 film Raanjhanaa, calling it “deeply upsetting.” His remarks come amid growing backlash over AI-generated re-releases in Bollywood. The altered version, reportedly featuring AI-modified visuals and voices of lead actors Dhanush and Sonam Kapoor, has triggered concerns among creators about consent and artistic integrity.

Meanwhile, AI continues to reshape global tech and business landscapes. OpenAI has reportedly hit $12 billion in annualised revenue, doubled from earlier this year, and is set to open its first European data centre in Norway in 2026. Microsoft’s market valuation also surged past $4 trillion, powered by investor confidence in AI’s future. However, a report by Indeed reveals that AI’s rise is also being used to justify tech layoffs, even as job postings fall—down 36% from 2020 levels—highlighting the complex relationship between AI adoption and workforce disruption.

Top news on AI are:
"Deeply upsetting": Aanand L Rai calls out AI-altered version of 'Raanjhanaa'


Amid the growing tensions over the AI-altered re-release of Dhanush and Sonam Kapoor starrer 'Raanjhanaa,' filmmaker Aanand L Rai has strongly voiced his opposition on social media.

OpenAI Hits $12 b in Annual Revenue
ChatGPT-maker OpenAI roughly doubled its revenue in the first seven months of the year, reaching $12 billion in annualised revenue, the Information reported on Wednesday citing a source.

Microsoft valuation surges above $4 trillion as AI lifts stocks
Microsoft surged above $4 trillion in market value early Thursday following strong earnings, as investor bullishness for artificial intelligence lifted major indices further into record territory.

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OpenAI to build its first European data centre in Norway, with partners
OpenAI is launching its first Stargate data centre project in Europe, partnering with developer Nscale Global Holdings and investment group Aker ASA to open a $1-billion facility in Norway next year, the companies said on Thursday.

Is AI causing tech worker layoffs?
If you read the typical 2025 mass layoff notice from a tech industry CEO, you might think that artificial intelligence cost workers their jobs. The reality is more complicated, with companies trying to signal to Wall Street that they're making themselves more efficient as they prepare for broader changes wrought by AI. A new report Wednesday from career website Indeed says tech job postings in July were down 36% from their early 2020 levels, with AI one but not the most obvious factor in stalling a rebound.
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