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TSX:6098 12 July 2025

AI News Today: Shocking Breakthroughs, Job Shakeups, and the Battle for Human Values / Updated: 2025, July 12th, 12:01 CET

AI News Today: Shocking Breakthroughs, Job Shakeups, and the Battle for Human Values / Updated: 2025, July 12th, 12:01 CET

Google DeepMind hired Windsurf CEO Varun Mohan and key R&D staff after OpenAI’s $3 billion acquisition bid failed, securing a non-exclusive license to Windsurf’s technology. Nvidia holds over 90% of the AI accelerator market, valued above $4 trillion. Recruit Holdings cut 1,300 jobs amid AI restructuring. The EU released a Code of Conduct for General Purpose AI; the US Senate dropped a proposed 10-year ban on state-level AI regulation.
12 July 2025
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Stock Market Today

  • Meta Unveils AI Safety Tool to Boost User Engagement and Ad Revenues
    March 20, 2026, 1:13 PM EDT. Meta Platforms is launching a new AI-driven support assistant across Facebook and Instagram to enhance safety and security features. The tool aims to resolve user issues swiftly, handling scams, impersonation, privacy settings, and more within five seconds. Meta's AI focus, powered by data from over 3.58 billion daily users, is expected to increase user engagement and advertising revenues, which represent 98.6% of its app family income. This move comes amid intense competition in digital advertising from Alphabet and Amazon. Meta projects first-quarter 2026 revenues between $53.5 billion and $56.5 billion, showing potential growth of over 30% year-on-year. Alphabet's Google advertising revenue rose 13.6% in late 2025, underscoring the competitive pressure in AI-enhanced ad markets.
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