Credit unions are increasingly expected to leverage technology, particularly artificial intelligence (AI), to provide personalized guidance and support to both individual members and corporate clients, improving financial wellness. Elizabeth Wadsworth, senior innovation strategist at Velera, emphasized the importance of AI in this context, cautioning against misconceptions about its capabilities.
https://www.pymnts.com/news/artificial-intelligence/2025/velera-builds-governance-framework-to-shield-credit-unions-from-ai-risk/NVIDIA's share price has reached a January 2025 high, closing near a record high. The company's stock is performing well due to its strong performance in the gaming and AI markets. NVIDIA's recent success can be attributed to its growing presence in emerging technologies such as artificial intelligence and autonomous vehicles. The company's shares have been influenced by its expanding product portfolio and increasing demand for its graphics processing units (GPUs).
https://www.livemint.com/market/stock-market-news/nvidia-share-price-hits-january-2025-high-inches-close-to-record-will-it-climb-to-a-new-peak-11750848268024.htmlNvidia's stock price target has been raised to $250 by Loop Capital analyst Ananda Baruah, which could push the company's market cap to $6 trillion if achieved. The firm expects Nvidia's revenue to surge 53% to nearly $200 billion in the full year. Despite mixed results for Wall Street's main indexes, Nvidia shares popped due to its dominance in advanced computer chips needed for artificial intelligence models, with customers including OpenAI and Meta.
https://nypost.com/2025/06/25/business/nvidia-shares-hit-record-high-as-wall-street-shakes-off-anxiety-about-ai-chip-export-controls/The AI Breakthrough Awards program recognizes excellence in Artificial Intelligence technologies and services from companies such as those in the Generative AI, Machine Learning, and Computer Vision categories. The awards are presented by Tech Breakthrough LLC, a market intelligence platform that provides public recognition for AI innovations.
https://www.prnewswire.com/news-releases/domino-data-lab-wins-2025-ai-breakthrough-award-for-mlops-302488309.htmlA group of tech giants, including Meta Platforms Inc. and venture capital firm Andreessen Horowitz, are pushing for a ban on state regulation of artificial intelligence as part of Donald Trump's tax bill. The proposed 10-year pause would block states from enforcing AI laws, which have been enacted in recent years to curb deepfakes, protect artists, and prevent algorithmic discrimination. However, Republican lawmakers, including Senators Marsha Blackburn and Josh Hawley, are opposing the ban, citing concerns about state innovation and protection of Americans. Industry lobbyists are now lobbying Republicans to keep the provision in the bill, despite the unified Democratic opposition to Trump's tax bill.
https://news.bloomberglaw.com/tech-and-telecom-law/ai-titans-struggle-to-use-rising-clout-to-block-state-regulationThe US government's push to regulate artificial intelligence (AI) is being hindered by the pressure to keep pace with technological advancements, following President Donald Trump's announcement of a $500 billion investment in AI infrastructure in January.
https://www.manilatimes.net/2025/06/26/business/foreign-business/bosch-ceo-warns-europe-against-regulating-itself-to-death-on-ai/2138565A bipartisan group of US lawmakers has introduced legislation to block Chinese artificial intelligence systems from being used by federal agencies, amid concerns that China is catching up to the US in AI development. The move comes as part of a growing rivalry between the two countries, with the future balance of power potentially determined by who leads in AI technology. A Chinese startup called DeepSeek recently introduced an AI model rivaling those of OpenAI and Google, sparking worries about the US's competitive edge. Experts warn that the outcome of this competition will shape the global political order for years to come, with one co-founder of Anthropic stating that AI systems reflect the values of their respective societies, suggesting that authoritarian nations may develop technology with inherently oppressive characteristics.
https://www.khou.com/article/news/nation-world/deepseek-chinese-ai-bipartisan-bill-to-block-from-federal-agencies/507-4098c2d0-4740-4c98-8d3f-d2baf300f08aThe Palace of Versailles is testing artificial intelligence to enhance visitor experience. OpenAI and Ask Mona are partnering with the museum, welcoming millions of visitors annually. The AI technology will be showcased in a world-famous location, offering something for everyone, from heritage experts to first-time visitors. This partnership aims to highlight AI's lesser-explored applications beyond productivity, emphasizing its role as a tool for curiosity.
https://www.victoriaadvocate.com/news/nation/frances-versailles-unveils-ai-powered-talking-statues/article_0730d6db-b56c-5dd7-8832-729021c899a2.htmlGemini AI can be used on phones, WhatsApp, and other Android apps, according to a report. This means users may soon have access to the AI's capabilities beyond just messaging platforms. The implications for users are not specified in the article.
https://www.livemint.com/technology/tech-news/gemini-ai-could-work-with-phone-whatsapp-and-other-android-apps-report-what-it-means-for-users-11750861479150.html