OpenAI Launches Flex Processing: Lower API Costs for o3 and o4-mini with Trade-Offs
OpenAI has announced Flex processing, a new beta API option offering reduced costs for its o3 and o4-mini models. Targeted at developers with non-urgent workloads, Flex processing provides budget-friendly access but with slower response times and mandatory ID verification. The move strengthens OpenAI’s competitive position in the evolving AI landscape.
Trump Tariffs Shake AI Industry: Nvidia Hit, Markets React, Supply Chains Shift
The Trump administration’s aggressive trade measures—including a 125% tariff on Chinese goods and tighter AI export restrictions—have created new hurdles for the global AI industry. Companies like Nvidia face financial setbacks and supply chain challenges, while broader markets reel from increased uncertainty.
Apple Faces Federal Lawsuit Over iPhone 16 AI Advertising Claims
A new class-action lawsuit filed in California accuses Apple of misleading marketing for its iPhone 16, claiming the company promoted AI-enhanced Siri features that were not available at release. The case raises broader questions about tech advertising and consumer expectations in the AI era.
AI Boosts Sales and Confidence for Canadian Small Businesses, GoDaddy Study Finds
A recent GoDaddy study highlights how AI adoption is transforming Canada's small business landscape. With 28% of owners using AI tools to enhance productivity and customer engagement, businesses are seeing measurable boosts in revenue and optimism—especially those using GoDaddy’s AI tool, Airo.
UiPath CEO on AI’s Impact: Agentic Automation, Layoffs & the Future of Work
UiPath is navigating a new era of automation by integrating agentic AI with traditional RPA. CEO Daniel Dines outlines the company’s evolving strategy, including workforce reductions, a shift in sales focus, and the growing role of AI in reshaping workplace interactions and enterprise systems.
AI Projected to Add US$22.3 Trillion to Global Economy by 2030, IDC Finds
Artificial intelligence is projected to contribute US$22.3 trillion to the global economy by 2030, according to IDC’s latest analysis. The report highlights AI’s growing role across industries, its powerful economic multiplier effect, and global efforts to expand AI infrastructure to drive innovation and regional competitiveness.
CommBank Opens Seattle Tech Hub to Expand AI Capabilities and Collaborate with Global Tech Leaders
CommBank has opened a Tech Hub in Seattle to strengthen its AI capabilities and collaborate with global tech companies. The initiative will provide learning opportunities for its teams, focusing on Agentic and Generative AI to enhance customer experiences and drive innovation in banking.
Could the Job Market Face a Dot-Com Bust Redux in 2025?
As the 25th anniversary of the dot-com bubble passes, the U.S. labour market shows familiar signs of strength—tight conditions, tech optimism, and rising wages. But with AI-driven disruption, policy shifts, and global tensions, experts warn the economy may be walking a fine line between stability and shock.
AI Could Replace Two-Thirds of Jobs – How Safe Is Yours?
Artificial intelligence is transforming the workforce, enhancing efficiency while challenging job stability. Research from global organizations highlights AI’s potential to automate tasks, boost productivity, and reshape industries. However, concerns over job displacement persist. This report examines AI’s economic impact, expert strategies for stability, and how individuals can adapt to thrive in the evolving job market.
Intel Foundry Eyed by TSMC, Nvidia, AMD & Broadcom in AI Chip Deal
Intel’s stock rose 3% amid reports TSMC and a consortium including Nvidia, AMD, and Broadcom are negotiating to acquire its struggling foundry business. The move, driven by AI chip needs and U.S. policy, could reshape semiconductor manufacturing.
McDonald’s Uses AI to Upgrade 43,000 Restaurants
McDonald’s is implementing artificial intelligence in its 43,000 restaurants worldwide, partnering with Google Cloud to enhance operations. The initiative features edge computing, AI-driven tools, and voice recognition to improve service speed and accuracy, with a goal to grow its loyal customer base to 250 million by 2027.
AI Funding Hits US$340B in 2025: Boom or Bust Ahead?
In 2025, AI investments soar with Zhipu AI ($137M), Anthropic ($3.5B), and Nvidia’s $39.3B revenue. Yet, a $340B boom sparks debate: will it drive growth or end in a bust?
Is Deepseek AI Replacing Civil Servants in China?
China’s local governments are rapidly adopting the DeepSeek AI model, transforming operations with faster document processing and audits. In Shenzhen’s Futian district, 70 AI units slash task times, but public reactions range from praise for efficiency to fears of job cuts among the nation’s 8 million civil servants.
Apple-Alibaba AI Alliance: Boosting Revenue or a Privacy Concern?
Apple's partnership with Alibaba brings AI-powered iPhones to China, but raises concerns over data security and compliance. As AI competition intensifies, will this alliance strengthen Apple's market position or compromise user privacy?
Global AI Investment Surge: Is It Worthwhile or Another Tech Bubble?
The AI investment surge is reshaping industries worldwide, with tech giants like Microsoft, Meta, and OpenAI committing billions to AI infrastructure. However, experts debate whether this rapid growth will drive innovation or lead to an AI bubble. This report explores the latest investment trends, historical parallels, and expert opinions on the future of AI.
The Symbiotic Evolution of Artificial Intelligence and Cryptocurrency
The fusion of AI and cryptocurrency is transforming digital finance. This report explores AI's role in blockchain, from trading bots and security measures to real-world examples and expert insights. Discover the potential, challenges, and future of AI-driven innovations in cryptocurrency.
How AI Tools Are Revolutionizing Personal Finance and Wealth Management
AI is reshaping the financial landscape, offering tools to simplify budgeting, investment, and wealth management. Discover how apps like Cleo and iFlip, and innovations from financial giants, are empowering individuals to achieve financial freedom with tailored advice, task automation, and smarter decision-making.
Trump’s $500 Billion AI Investment Fuels Growth in Blockchain and AI Cryptocurrencies
President Trump’s $500 billion AI infrastructure investment is set to transform the AI landscape, fueling innovation in blockchain-powered AI projects like Virtuals Protocol and Fetch.ai. Learn how this landmark initiative is boosting the adoption of AI-focused cryptocurrencies and shaping the future of decentralized technology.
Telstra and Accenture Forge US$700 Million AI Partnership
Telstra partners with Accenture in a $700M joint venture to advance AI capabilities, transforming operations and customer experiences. This strategic move consolidates AI vendors and enhances workforce fluency, setting new standards for the telecom industry.
Google Cloud Unveils Transformative AI Tools for Retail at NRF 2025
At NRF 2025, Google Cloud unveiled groundbreaking AI tools like Agentspace and Vertex AI, designed to revolutionize retail by enhancing efficiency and personalizing customer experiences. The report also highlights competitors' offerings from AWS, Microsoft Azure, and Alibaba Cloud.