Inside the AI Revolution: Who’s Winning, Who’s Losing, and What Comes Next / Updated: 2025, July 10th, 12:01 CET
Nvidia became the first company to hit a $4 trillion market cap, up from under $600 billion in 2023, fueled by AI chip demand. Microsoft cut 15,000 jobs as AI tools saved over $500 million in call centers. OpenAI acquired Jony Ive's io Products for $6.5 billion and plans to launch an AI-powered web browser by July 2025. Paradox.ai's McHire bot exposed up to 64 million applicants' records due to a weak password.