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Study warns of AI's role in fueling bank runs
Feb 17,2025
A new study from the UK has raised concerns about the risks of bank runs fueled by AI-generated fake news spread on social media. The research, published by Say No to Disinfo and Fenimore Harper, highlights how generative AI can create false stories ...
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AI revolutionising the wealth management industry
Feb 14,2025
AI is set to revolutionise wealth management by lowering the barriers to entry for new players, according to a Microsoft executive. Martin Moeller, head of AI for financial services at Microsoft, highlighted that AI's ability to process vast amounts ...
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TikTok returns to US app stores after ban delay
Feb 14,2025
TikTok has returned to US app stores after President Donald Trump temporarily delayed a ban on the Chinese-owned social media platform. The app, which briefly went offline last month due to a new law requiring its parent company, ByteDance, to sell i...
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Trump and Musk's X reach $10 million lawsuit settlement
Feb 14,2025
Elon Musk's platform X, formerly Twitter, has agreed to pay about$10 million to settle a lawsuit filed by Donald Trump. The case arose after Trump's account was suspended following the storming of the US Capitol in January 2021. This marks the second...
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Thomson Reuters wins court case against Ross Intelligence
Feb 13,2025
Thomson Reuters has won a legal battle against Ross Intelligence, after a judge ruled that the law firm's use of Thomson Reuters' legal content to train an AI model violated US copyright laws. The case stems from a 2020 lawsuit where Thomson Reuters ...
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Google signs deal with Poland to accelerate AI use
Feb 13,2025
Google has announced a new partnership with Poland, signing a memorandum of understanding aimed at accelerating the adoption of AI in the country. The agreement was revealed by CEO Sundar Pichai during a news conference on Thursday. Through this coll...
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AI-powered search coming to Reddit
Feb 13,2025
Reddit is set to overhaul its search functionality in 2025 by integrating AI-powered features to help users find better answers to complex and subjective questions. CEO Steve Huffman announced that the company will incorporate Reddit Answers, a tool ...
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Baidu's Robin Li highlights ongoing need for cloud infrastructure investment
Feb 11,2025
Baidu CEO Robin Li stated on Tuesday that investment in data centres and cloud infrastructure remains crucial despite the challenge posed by Chinese AI startup DeepSeek. Speaking at the World Government Summit in Dubai, Li emphasised that smarter AI ...
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France pushes AI ambitions with nuclear-powered edge
Feb 11,2025
France is positioning itself as a major player in AI, with President Emmanuel Macron highlighting the country's nuclear-powered advantage. Speaking at the AI Action Summit in Paris, he said France generates more electricity than it consumes, making i...
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China looks to build consensus on AI at Global Summit
Feb 07,2025
Chinese Vice Premier Zhang Guoqing will visit France from Sunday until February 12 to attend the AI Action Summit as a special representative of President Xi Jinping. The summit will bring together representatives from nearly 100 countries to discuss...
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Italian activist targeted by spyware, Meta warns
Feb 06,2025
Luca Casarini, a prominent Italian migrant rescue activist, was warned by Meta that his phone had been targeted with spyware. The alert was received through WhatsApp, the same day Meta accused surveillance firm Paragon Solutions of using advanced hac...
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Security concerns lead to Australian ban on DeepSeek
Feb 06,2025
Australia has banned Chinese AI startup DeepSeek from all government devices, citing security risks. The directive, issued by the Department of Home Affairs, requires all government entities to prevent the installation of DeepSeek's applications and ...
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