Meta is acquiring Perplexity AI, a startup that specializes in natural language processing and machine learning. The acquisition is part of Meta's efforts to improve its AI capabilities. Mark Zuckerberg, Meta's CEO, has stated the company aims to enhance its language models with Perplexity AI's technology. This move is seen as a strategic step towards developing more advanced AI systems.
https://www.pymnts.com/artificial-intelligence-2/2025/meta-approached-multiple-ai-startups-for-potential-acquisition/Elon Musk's Neuralink subsidiary has been accused by OpenAI of stealing its employee, Jason Hwang, who was a researcher at both companies before joining Neuralink in 2017. The lawsuit alleges that Hwang shared confidential information about OpenAI's language model technology with Neuralink, potentially compromising the AI giant's competitive edge.
https://gizmodo.com/techno-king-elon-musk-doesnt-own-a-computer-his-lawyers-tell-court-2000619716OpenAI and Jony Ive’s AI hardware ambitions have hit a roadblock due to a trademark dispute. The issue revolves around the use of the term "Neural Core" in OpenAI's AI-powered hardware, which is similar to Apple co-founder Steve Jobs' former design firm, Jony Ive's company, T2 Systems, had trademarked. This has led to a legal battle between the two parties, with OpenAI seeking to resolve the dispute amicably.
https://www.livemint.com/technology/tech-news/openai-and-jony-ive-s-ai-hardware-ambitions-hit-roadblock-over-trademark-dispute-report-11750778682704.htmlSiegPath, a fintech-driven proprietary trading platform, has completed its brand upgrade and rebranded as SiegPath, aiming to expand globally while prioritizing regulatory compliance. The company has launched a new website with smart technologies to support a professional trading ecosystem, featuring a slogan "We Pave the Path to Professional Trading." A strategic alliance with a licensed Cayman Islands private equity fund and DMA brokers has been formed to deliver a regulated environment and integrated resources for long-term trader growth. SiegPath's AI suit, SiegAI, has been adopted by leading financial institutions and is nominated for prestigious awards, offering features such as AI-Advisor, AI-Trader, and AI-Support that enhance investment advisory, trading, customer support, and institutional research.
https://www.malaymail.com/news/money/mediaoutreach/2025/06/24/siegfund-transforms-into-siegpath-a-strategic-rebrand-paving-the-way-for-the-future-of-professional-trading/390070Dr. Leong Chan Hoong, a senior fellow at the S Rajaratnam School of International Studies, warns that social media and the Internet can spread misinformation rapidly due to algorithms, AI, and deepfakes. He notes that countries such as Singapore are taking steps to address this issue, including implementing regulations and promoting digital literacy programs to combat the spread of false information online.
https://channelnewsasia.com/watch/cohesive-societies-president-tharman-calls-effective-education-and-stronger-social-interaction-5201001Media agency chief Sorrell predicts that the rise of AI will lead to significant job displacement, particularly among media buyers, with their roles potentially being automated by algorithms. He believes long-term agencies will need to downsize from hundreds of thousands of staff to tens of thousands and develop new pricing models to cater to clients' demands for personalization at scale while reducing costs.
https://www.adweek.com/agencies/a-tale-of-two-cannes-ai-optimism-masks-ad-industrys-existential-crisis/A recent study by Yugo, the first global student housing brand and operator, surveyed over 7,000 students across nine countries on their attitudes towards Artificial Intelligence (AI). The research found that while 48% of students are excited about AI, citing benefits such as increased productivity and improved work-life balance, 76% fear job losses due to AI. Despite these concerns, many students are already using AI to enhance their academic experiences, with 17% utilizing it to create CVs.
https://www.gulftoday.ae/lifestyle/2025/06/24/academic-friend-or-foe-yugo-research-reveals-how-students-supercharge-their-studies-with-aiThe Tech Guide 2025 is a practical handbook providing actionable insights on maximizing the potential of core technologies such as AI and cloud infrastructure to create value and gain competitive advantage. According to Stuart Brown, Guidehouse Technology Leader, the guide delivers clear paths for smarter decisions amidst accelerating change. It offers sector-specific frameworks for safe AI integration in healthcare, energy providers, financial services, and government agencies, providing downloadable checklists for fast and secure implementation.
https://www.prnewswire.com/news-releases/guidehouse-launches-the-tech-guide-2025-302489868.htmlThe US has accused Chinese AI firm DeepSeek of aiding Beijing's military and evading chip export rules. The move comes amid growing tensions between the two countries.
https://www.livemint.com/technology/tech-news/us-accuses-chinese-ai-firm-deepseek-of-aiding-beijings-military-and-dodging-chip-export-rules-11750678142049.html