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ECONOMISTS AI OPEN LETTER
SoftBank's Masayoshi Son says AI will need $5 trillion per year by 2040, dismisses bubble talk"The business model will be viable because by 2040, if AI revenue makes up 20% of global GDP, spending 800 trillion yen a year is a roundin...- Nobel laureates among more than 200 experts urging action on AI's economic impactThey issued the jointly signed statement on Monday, warning that AI could drive a larger economic transformation than the Industrial Revo...
- Open-source AI will offer India code sovereignty: ExpertsIndia cannot own every AI layer, but open ecosystems and optionality can avoid vendor lock-in and establish control over critical data, gov...
- Hundreds of economists say 'we must act now' on AI's economic impact and job displacement risksTop economists and scientists have issued an open letter urging immediate action. They warn artificial intelligence could transform economi...
- ETtech Explainer: Why did Apple sue OpenAI? All you need to know about the tech battleApple has sued OpenAI and two former employees over trade secret theft, alleging confidential information was shared to aid hardware entry....
- Blind Brown University professor Roberto Serrano exposes massive AI cheating scandal after students' scores plunge from 100 to 48, calls AI 'tsunami for all of us'A Brown University professor noted unusual perfect scores on a take-home midterm exam and exposed a massive AI cheating scandal. Many stude...
- OpenAI safety head exits following leadership reorganisationJohannes Heidecke, OpenAI's head of safety systems, is leaving the company. Vice president of research and head of alignment Mia Glaese wil...
- HDFC Bank redeploys staff to customer-facing roles as tech efficiencies take hold: CEO JagdishanHDFC Bank is shifting employees to customer-facing roles, leveraging technology for efficiency gains. The bank is accelerating AI investmen...
- Apple files lawsuit accusing ChatGPT maker OpenAI of stealing trade secretsApple has accused OpenAI of stealing its trade secrets for new hardware. Two former Apple employees now working for OpenAI are named defend...
- Apple sues OpenAI, two former employees for trade secrets theftApple has sued OpenAI and two former employees alleging trade secret theft. The lawsuit claims confidential information was used to acceler...
- OpenAI shutters ChatGPT Atlas, moves browser features to the new ChatGPT WorkOpenAI is discontinuing its ChatGPT Atlas browser less than a year after its launch. The company is integrating Atlas's features into its n...
- Raghuram Rajan, Karen Dynan to co-lead Fed task force reviewing central bank's $6.7 trillion balance sheetFederal Reserve Chair Kevin Warsh announced five task forces to suggest operational changes. These groups will include prominent economists...
- OpenAI launches ChatGPT Work, adding to competition for professional AI toolsOpenAI on Thursday unveiled ChatGPT Work, an agent in its popular chatbot designed to execute tasks across different applications and f...
- US crackdown on top AI fuels open-source surgeThe US government's shock moves to restrict access to top artificial intelligence systems from Anthropic and OpenAI have sparked growing in...
- OpenAI launches GPT-Live voice models that listen and speak simultaneouslyThe IPO-bound AI startup said it will roll out two versions of GPT-Live - GPT-Live-1 and GPT-Live-1 mini - to users globally on Wednesday.
- BofA extends first $520 million loan to OpenAI ahead of IPOThe loan makes BofA one of OpenAI's largest lenders and bolsters its credentials as a market leader in AI-related capital markets financi...
- OpenAI GPT-5.6 rollout begins July 9: New features, models and everything else to knowOpenAI will launch its GPT-5.6 model family starting July ninth. These new models offer improved reasoning and coding capabilities for user...
- OpenAI gets US approval for broad GPT-5.6 rolloutOpenAI, White House, and the U.S. Department of Commerce did not immediately respond to a Reuters request for comment.
- Canada province preparing lawsuit against OpenAI over school shootingBritish Columbia said Tuesday it was preparing a lawsuit against OpenAI over the company's failure to report violent ChatGPT activity by th...
- ECB tells banks to draw up plans against AI attacks amid disruption fearsEuropean Central Bank requires banks to develop AI cyber threat plans. Banks must submit these detailed plans by October thirty-first. This...
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