Nvidia became the first company to reach a $4 trillion market capitalization, up from under $600 billion in 2023, a roughly 15x gain over five years driven by demand for AI GPUs. The Harvard AI Index 2025 finds generative AI most impacts entry-level and high-skill jobs, with enterprise adoption rising from 33% to 71% and…
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The EU’s AI Act is set to take effect in mid-2026, imposing strict, risk-based regulations and market access requirements. A 10-year moratorium on state-level AI regulation was removed from a major US Congressional bill, underscoring regulatory contention. The US and China are locked in a high-stakes AI race, with the US investing about $700 billion…
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Microsoft laid off about 4% of its workforce in July 2025, citing AI as a direct replacement for roles, notably in Xbox. More than 110 major European companies, including ASML, Airbus, Siemens, SAP, and Mistral AI, signed open letters urging a two-year delay to the EU AI Act due to its complexity and costs. Meta…
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