Tag: AI

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Majority of Americans fear AI will eliminate jobs permanently – Poll

A large majority of Americans are worried that artificial intelligence could permanently displace workers, according to a new Reuters/Ipsos poll released this week. The six-day survey, which concluded on Monday, found that 71% of respondents fear AI will “put too many people out of work permanently.” The findings highlight growing unease over the technology’s impact, […]

Perplexity makes $34.5bn bid for Google’s Chrome browser
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Perplexity makes $34.5bn bid for Google’s Chrome browser

AI search engine Perplexity has made an unsolicited $34.5 billion cash offer to acquire Google’s Chrome browser. Perplexity said its proposal includes keeping Chrome’s underlying Chromium engine open-source and investing $3 billion in the project. The company also pledged not to change user defaults, including leaving Google as the browser’s default search engine rather than replacing […]

Duolingo defies AI backlash with soaring revenue, user growth
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Duolingo defies AI backlash with soaring revenue, user growth

Language learning platform Duolingo posted stronger-than-expected quarterly results on Wednesday, shrugging off weeks of backlash over its aggressive pivot to generative AI. The company’s stock surged nearly 30% on the news. Despite criticism for replacing contract workers with AI systems, Duolingo reported record performance, projecting more than $1 billion in revenue for the year. Daily […]

Cloudflare accuses AI startup Perplexity of bypassing web scraping restrictions
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Cloudflare accuses AI startup Perplexity of bypassing web scraping restrictions

AI startup Perplexity is under fire for allegedly scraping content from websites that explicitly barred such activity, according to new research from internet infrastructure giant Cloudflare. In a blog post published Monday, Cloudflare accused Perplexity of deliberately circumventing safeguards designed to block unauthorized data scraping. The company claimed Perplexity disguised its crawler’s identity and bypassed […]

Meta launches AI voice translation on Facebook, Instagram
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Meta budgets $72bn in AI investment as part of long-term growth

Meta is dramatically increasing its investment in AI infrastructure, announcing plans to spend up to $72 billion on data centers, servers, and related technologies in 2025. The company disclosed the move in its second-quarter earnings report on Wednesday, signaling a $30 billion year-over-year jump in capital expenditures at the midpoint of its projected range. Meta […]

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Nigeria’s AI market to hit $434.4m by 2026 – Report 

The Centre for the Study of the Economies of Africa, an Abuja-based nonprofit research think tank founded by former World Bank Managing Director and current WTO Director General, Dr. Ngozi Okonjo-Iweala, on Wednesday unveiled its latest findings on the use of Artificial Intelligence across key sectors of the Nigerian economy. Speaking at the event in […]

White House unveils AI policy for US global dominance
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White House unveils AI policy for US global dominance

The White House on Wednesday released a sweeping new artificial intelligence policy plan outlining strategic priorities for the United States to secure “global dominance” in the fast-evolving technology sector. President Donald Trump’s administration is calling for a bold expansion of open-access AI tools, proposing that open-source and open-weight AI models be made freely available for […]

Perplexity launches AI web browser ‘Comet’ to challenge Google
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Perplexity launches AI web browser ‘Comet’ to challenge Google

AI search startup Perplexity has launched its first web browser, Comet, as part of its broader mission to compete directly with Google Search. The browser, unveiled on Wednesday, is initially available to users on Perplexity’s $200-per-month Max plan and a limited group of invitees on a waitlist. Comet integrates Perplexity’s core AI-powered search engine as […]

Micron shares rise amid AI demand for memory chips
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Micron shares rise amid AI demand for memory chips

Shares of Micron Technology rose 2% in premarket trading on Thursday after the U.S. chipmaker issued a strong revenue forecast for the fourth quarter, driven by surging demand for memory chips powering artificial intelligence data centers. The company reported a nearly 50% increase in sales of high-bandwidth memory chips in the third quarter compared to […]

Pope Leo XIV warns of AI risks, urges human-centered approach
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Pope Leo XIV warns of AI risks, urges human-centered approach

Pope Leo XIV issued a strong caution to global political leaders on Saturday, highlighting the growing influence of artificial intelligence and its potential risks, especially for younger generations. Speaking during a high-level event attended by Italian Prime Minister Giorgia Meloni and parliamentary delegations from 68 countries, the pontiff emphasized that AI must remain a tool […]

AI Startup Cohere doubles revenue as demand for tools grows
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AI Startup Cohere doubles revenue as demand for tools grows

Artificial intelligence startup Cohere has more than doubled its annualized revenue since the beginning of the year, reaching over $100 million as of May 2025. The surge in revenue comes as the company intensifies its focus on delivering secure, customized AI solutions for enterprise clients in heavily regulated industries such as finance, healthcare, and government. […]

Perplexity makes $34.5bn bid for Google’s Chrome browser
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Perplexity AI partners PayPal to enable payments via chat

Artificial intelligence startup Perplexity AI has announced a new partnership with payments giant PayPal, allowing users to make direct purchases within its chat interface. The integration, revealed on Wednesday, will roll out in the United States this summer. The collaboration is expected to bolster Perplexity’s push into agentic commerce— a fast-growing sector where AI not […]