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 for Windsurf collapsed, and secured a non-exclusive license to Windsurf’s technology. Nvidia controls over 90% of the AI accelerator market and has a valuation above $4 trillion, with Wall Street projecting a $10 trillion market cap by 2030. Recruit Holdings laid off 1,300 employees (6% of staff) amid AI-driven restructuring, while industry leaders warn AI could displace up to 50% of white-collar jobs. The EU released a Code of Conduct for General Purpose AI, and the AI Act will apply to high-risk medical