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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.
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