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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 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

Stock Market Today

  • Conagra Brands (CAG) Dividend Yield Tops 10% as Shares Fall
    June 29, 2026, 5:56 PM EDT. Conagra Brands Inc (CAG) stock briefly offered a yield above 10% Monday after the shares fell to $13.88. The yield uses the quarterly dividend, annualized at $1.40. Dividends make up a big part of investor returns, and historical numbers show payouts add to gains even when shares move around. Conagra is a major S&P 500 name with a high yield, but that payout could change depending on the company's profits. Investors may want to review Conagra's dividend track record to judge if this level is likely to hold.
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