Finance news

First AI-designed ‘universal vaccine’ tested in humans

A vaccine targeting a broad range of viruses that was designed using artificial intelligence had a “modest” effect on immune systems in a small, early trial, according to a new study. The trial marks the first time a vaccine whose active ingredient was entirely designed by AI has been tested in humans, researchers at the University of Cambridge in the UK said on Friday. The experimental jab is intended to be a “universal vaccine” which protects people against a range of viruses that have...

Wall Street young guns' $2bn AI unicorn aims to upend work culture

Hitachi and Intel team up to optimize chip production with AI

AI may be killing some high-tech jobs, but it’s also creating others. See who’s winning and losing.

Artificial intelligence might terminate lots of jobs one day, especially in high tech, but there’s little evidence AI is already causing widespread layoffs.

The Next Big AI Trade May Be in Drug Discovery

Sanofi just signed a new multi-year AI drug discovery deal with Owkin. The goal: Build AI-powered “biopharma agents” that can support drug discovery and development from early research through clinical trials. This is not an isolated deal. In 2026 alone: Sanofi partnered deeper with Owkin for AI drug discovery. Bristol Myers Squibb signed with Anthropic to roll out Claude across research, clinical development, manufacturing, commercial, and corporate teams. Gilead expanded its deal with Tempus A

Model routing is a fix for AI overspending. That's a problem for OpenAI and Anthropic

Companies are shifting from running everything on the most powerful AI model to matching each task to the right one, a practice called model routing.

How can I invest in gold?

As probably many of you are, I am starting to worry about the AI bubble. Therefore I am thinking to convert most of my SP500 positions to Gold. I understand you can either buy physical gold or invest in Gold ETF. Personally, I prefer to manage my investments in fidelity account which means that I have to go with Gold ETF options. My question is that is Gold ETF as safe as physical gold investment? What do you suggest? Thank you so much in advance!! submitted by /u/Dakota3000 [link] [comments]

Apple's WWDC: Tim Cook's AI legacy at stake in his final developer conference as CEO

Apple heads into WWDC with Tim Cook’s AI legacy, Siri’s future as an agentic platform, and the stock’s rich valuation all on the line.

LinkedIn co-founder Reid Hoffman is leaving Microsoft's board after almost a decade

Reid Hoffman was one of OpenAI's first donors, and he left its board in 2023 as the nonprofit cozied up with Microsoft.

DoD cyber strategy will set a ‘clear and specific vision’ for AI to enable the force: Official

Katie Sutton, Assistant Secretary of Defense for Cyber Policy and Principal Cyber Advisor, is looking to coordinate AI adoption across several entities within the Pentagon.

Amazon unveils latest warehouse robot as tech giants continue AI layoffs

"Our experience of robots is that it's actually driven up employment rather than the reverse," Amazon executive John Boumphrey told CNBC.

AI is designing OpenAI's next model in a sign of 'superintelligence': SoftBank's Masayoshi Son to CNBC

SoftBank CEO Masayoshi Son said his forecast of artificial superintelligence arriving in 10 years was "conservative" and thinks it will be here sooner.

Most Asia-Pacific firms use AI for tasks without cutting jobs: survey

While a wave of job cuts across Asia’s finance and other industries due to wider use of artificial intelligence has spurred concerns, a new study shows that the technology’s net impact on employment is not as clear-cut. Recruiters and industry observers say many companies are adding AI-related roles without having to lay off workers. A study by professional services firm Aon released on Wednesday shows that 74 per cent of 504 companies surveyed across industries in the Asia-Pacific region have..

China launches space computing hub as SpaceX gears up for historic IPO

China is ramping up its bets on space-based artificial intelligence computing with the launch of a state-backed research institute in Beijing, accelerating a frontier tech race with the US just as Elon Musk’s SpaceX eyes a record-shattering US$75 billion market debut to fund its own orbital AI ambitions. The establishment of the Beijing Space Intelligent Computing Research Institute marks a major step in the superpowers’ AI rivalry, which is increasingly extending beyond Earth as terrestrial AI.

Commenting period is open for SEC rule S7-2026-15 to change quarterly reporting to half-year.

You can go to the SEC.gov website or simply Google "SEC rule S7-2026-15" to show a link to click on to post your comment to the SEC concerning this. My own opinion is that the burden for large companies to submit quarterly reports is low because they already have software combined with AI to create these reports. For smaller companies, it is a more costly burden. I proposed a market cap of $50M to relieve this burden on small companies while quarterly remains a rule for large companies. (My $50M

Chinese researchers claim breakthrough in training household robots with AI-generated homes

A team of Chinese researchers has claimed a breakthrough in training robots in real-world home environments, tackling a long-standing data bottleneck in the field and potentially accelerating the adoption of robots at home. Kairos-HomeWorld was the world’s first unified framework capable of generating coherent, accurate and simulation-ready home environments using simple text prompts, according to researchers from Ace Robotics, a start-up backed by Hong Kong-listed artificial intelligence...

Where investors may find the next 'big wave' for AI trade

Tim Urbanowicz, chief investment strategist at Innovator from Goldman Sachs Asset Management, tackles the AI boom.

Huawei chips refine DeepSeek model in major leap for China’s AI self-reliance

A research team that includes Huawei Technologies says it has successfully used the firm’s Ascend 910C chips to complete post-training for the DeepSeek-V4-Pro model, marking a major step forward as China’s semiconductor industry tries to leap from supporting basic AI inference to more complex model training amid tightening US sanctions. While Chinese chipmakers have found success in supporting AI inference – the relatively simple process of running an already-finished model to answer user...

Family offices bet on sports, from pickleball leagues to smart soccer balls

While AI startups dominate deal-making news, investment firms of the ultra-rich are still keen on sports.

The Tech Download: Anthropic’s IPO sets up first big test of AI boom valuations

Anthropic took a big step this week towards pipping bitter rival OpenAI to a public market listing.

Bulls declare victory in AI debate, but two classic signs of a market top are looming

The trend of ‘capex recycling’ is considered a problem by a TS Lombard analyst

Codex for legal: Why Open AI focuses on lawyers

The AI ​​market for lawyers is becoming narrower: Open AI is entering the market with its own legal product and is bringing in the co-founder of Ironclad.

AI glasses maker Rokid lands Toyota affiliate investment

Tencent’s chief AI scientist dismisses lag concerns, says race a ‘long-term game’

Yao Shunyu, the former OpenAI researcher now leading Tencent Holdings’ artificial intelligence model development, pushed back against concerns that the tech giant is slow in AI, arguing that the race is just beginning with massive untapped opportunities in coding agents and embodied intelligence. “AI is a long-term game, with the second half of the race just starting,” said Yao, chief AI scientist at Tencent, comparing the current state to the development of personal computers in the 1970s. Yao.

OpenAI says it will comply with Trump's order requiring AI model reviews before release

George Osborne, OpenAI's Head of Countries told CNBC that governments "have a big role to play in how this technology is used and deployed."

China poaches more AI talent from the U.S. as it eyes the next 'super-app'

Tencent Chief AI Scientist Yao Shunyu, who joined the company from OpenAI, said Friday he aims to pursue artificial general intelligence.

AI hyperscaler effect vaults China’s Zhongji Innolight to top of CSI 300 benchmark

The artificial intelligence frenzy has made Zhongji Innolight, a supplier of optical modules to US hyperscalers, the biggest constituent of China’s stock benchmark, highlighting AI’s profound impact on the world’s second-largest equity market. The northern Shandong province-based company had a 5 per cent weighting on the CSI 300 Index on Friday, making it the largest of the 300 most valuable stocks on the Shanghai and Shenzhen exchanges. The index’s weighting is based on the market...

Artificial intelligence: OpenAI rival Anthropic proposes a pause in the AI ​​race

If artificial intelligence can continue to develop itself, the risk to humanity increases, warns the AI ​​company Anthropic. She suggests a break, which, however, is unlikely to be achieved.

WeChat opens up to smartphone AI assistants after ByteDance phone backlash

US startup bets on Japan with AI agents that tap live web data