Shareholder derivative lawsuit accuses DoubleVerify executives of misleading investors about AI capabilities, bot detection failures, and closed platform challenges during 2023-2025.

#AIcapabilities are improving at an accelerating rate, particularly in performing #realworktasks. This shift is moving organisations from using #AI as a co-intelligence tool to assigning work to autonomous #AIagents. As a result, work is increasingly about managing AI agents, with expertise in specific domains becoming more crucial for effective utilisation. https://www.oneusefulthing.org/p/the-twilight-of-the-chatbots?eicker.news #tech #media #news

Shareholder derivative lawsuit accuses DoubleVerify executives of misleading investors about AI capabilities, bot detection failures, and closed platform challenges during 2023-2025.

Despite predictions of double-digit #GDP growth driven by #AI, #BenMoll argues that such growth is unlikely in the next 10-15 years. While #AIcapabilities are increasing, the economic forces behind GDP growth, such as #automation and #consumerdemand, may not support such rapid expansion. #Moll outlines five assumptions necessary for double-digit growth and explains why they are unlikely to be met in practice. https://aleximas.substack.com/p/will-ai-soon-lead-to-double-digit?eicker.news #tech #news #ainews

2023 study made a lot of assumptions about future "anticipated LLM-powered software."

The 2025 release wave 2 for Microsoft Dynamics 365, Microsoft Power Platform, and Copilot offerings introduces new capabilities that help organizations harness the potential of AI. The post 2025 release wave 2 plans for Microsoft Dynamics 365, Microsoft Power Platform, and Role-based Microsoft Copilot offerings appeared first on Microsoft Power Platform Blog.

#DarioAmodei argues for a “pacing the frontier” approach to #AIdevelopment. This approach involves slowing the rate of #AIcapabilities advancement to allow for better #riskmitigation and #safetymeasures. The author proposes a three-step plan: #embeddedevaluators, #democraticcoordination, and #globalcoordination, to achieve this goal. https://darioamodei.com/post/we-must-pace-the-frontier?eicker.news #tech #news #ainews

The #costofcompute for #AIlabs is expected to increase significantly in the coming years. This is due to the #rapidgrowth of #AIcapabilities, which will lead to higher margins for leading labs and a shift towards more efficient models. As a result, the #priceofcompute will rise, potentially pricing out many current #AIapplications. https://www.dwarkesh.com/p/why-compute-might-get-10x-more-expensive?eicker.news #tech #news #ainews

#Apple CEO #TimCook highlighted the company’s hybrid #AIstrategy, emphasising #ondeviceprocessing capabilities of #AppleIntelligence, as a competitive advantage over hyperscaler peers who rely heavily on cloud computing. This approach allows for #moreefficient #AIworkflows and potential cost savings for businesses. While some AI tasks will utilise cloud resources, Apple aims to monetise its #AIcapabilities through #iCloud subscriptions. https://www.cnbc.com/2026/07/30/tim-cook-sees-apples-hybrid-ai-strategy-as-a-competitive-weapon-.html?eicker.news #tech #news #ainews

Google Finance adds Deep Search, prediction markets from Kalshi and Polymarket, live earnings tracking, and launches in India with English and Hindi support.

Amazon continues to integrate AI technology across its shopping platform, enhancing product discovery and personalization for customers.

Google Finance adds Deep Search, prediction markets from Kalshi and Polymarket, live earnings tracking, and launches in India with English and Hindi support.

Amazon continues to integrate AI technology across its shopping platform, enhancing product discovery and personalization for customers.

McGraw Hill, Inc. (NYSE: MH) (“McGraw Hill”), a leading global provider of education solutions for preK-12, higher education and professional learning, today announced new artificial intelligence (AI)...

 Klarna Group Plc, the Sweden-based fintech company, is reassessing its heavy reliance on artificial intelligence (AI) in customer service after admitting the approach led to a decline in service quality. CEO and co-founder Sebastian Siemiatkowski acknowledged that cost-cutting took precedence over customer experience during a company-wide AI push that replaced hundreds of human agents.  Speaking at Klarna’s Stockholm headquarters, Siemiatkowski conceded, “As cost unfortunately seems to have been a too predominant evaluation factor when organizing this, what you end up having is lower quality.” The company had frozen hiring for over a year to scale its AI capabilities but now plans to recalibrate its customer service model.  In a strategic shift, Klarna is restarting recruitment for customer support roles — a rare move that reflects the company’s need to restore the quality of human interaction. A new pilot program is underway that allows remote workers — including students and individuals in rural areas — to provide customer service on-demand in an “Uber-like setup.” Currently, two agents are part of the trial. “We also know there are tons of Klarna users that are very passionate about our company and would enjoy working for us,” Siemiatkowski said.  He stressed the importance of giving customers the option to speak to a human, citing both brand and operational needs. Despite dialing back on AI-led customer support, Klarna is not walking away from AI altogether. The company is continuing to rebuild its tech stack with AI at the core, aiming to improve operational efficiency. It is also developing a digital financial assistant designed to help users secure better interest rates and insurance options.  Klarna maintains a close relationship with OpenAI, a collaboration that began in 2023. “We wanted to be [OpenAI’s] favorite guinea pig,” Siemiatkowski noted, reinforcing the company’s long-term commitment to leveraging AI. Klarna’s course correction follows a turbulent financial period. After peaking at a $45.6 billion valuation in 2021, the company saw its value drop to $6.7 billion in 2022. It has since rebounded and aims to raise $1 billion via an IPO, targeting a valuation exceeding $15 billion — though IPO plans have been paused due to market volatility.  The company’s 2024 announcement that AI was handling the workload of 700 human agents disrupted the call center industry, leading to a sharp drop in shares of Teleperformance SE, a major outsourcing firm. While Klarna is resuming hiring, its overall workforce is expected to shrink. “In a year’s time, we’ll probably be down to about 2,500 people from 3,000,” Siemiatkowski said, noting that attrition and further AI improvements will likely drive continued headcount reductions.

Artificial intelligence is experienced through AI wrappers today. But it might not remain like that for long.

The OECD has unveiled groundbreaking AI Capability Indicators that map AI progress against human abilities across nine key domains, revealing where AI currently stands.