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AI news source. Articles are auto-selected and adapted by Hamidun News editors.
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Startup Monk pays a year's rent for advice on hiring a good engineer
AI startup Monk is using an unusual way to attract talent — paying a year's rent for useful advice on hiring engineers amid intense competition for specialists.
Energy could give China an edge in the AI race — here's why
Competition between the US and China in AI is shifting to the energy front. While the US leads in chips and software, China understood earlier than others that without cheap electricity, scaling AI is impossible, and is
Apple launches a ChatGPT-like Siri app with self-deleting chats
Apple is developing a new Siri app that will compete with ChatGPT and include a self-deleting chats feature for greater user privacy.
Siemens prevails in talks with the EU on simplifying industrial AI rules
Siemens and other European tech companies secured a review of EU AI rules that they see as an obstacle to competing with the US and China.
Akamai allocated $1.8B to AI cloud and moved away from hyperscalers
Akamai announced a $1.8B AI cloud deal: the company is betting on edge computing instead of hyperscalers to protect against cyberattacks and reduce costs.
CoreWeave reports transformational Q1 results: GPU cloud goes mainstream
CoreWeave, a GPU cloud provider for AI, announced strong Q1 results, with revenue and margins up. Demand is now coming not only from AI startups, but also from trading, finance, and robotics.
Three Mile Island will restart to power AI by 2027
The Three Mile Island nuclear plant, known for the 1979 accident, will return to service by 2027 to power massive AI systems and chatbots that require record amounts of electricity.
Clara Shih on how AI skills save young people from unemployment
42% of graduates fail to secure suitable jobs, but Clara Shih sees a way out: she calls for making AI skills accessible and financially rewarding for everyone
AST SpaceMobile rises thanks to an online investor community
The SpaceX rival is sustaining its stock growth through the online community 'SpaceMob' — a phenomenon that shows the impact of coordinated online movements on the financial market.
ECB calls for review of financial infrastructure due to AI and stablecoins
ECB council member Escrivá warned that central banks must review the resilience of financial infrastructure because of the risks posed by artificial intelligence and stablecoins.
Baillie Gifford investor: AI's main threat is not unemployment, but the loss of expertise
Scottish Mortgage Investment Trust manager Tom Slater believes AI's main threat is the loss of expertise and the capacity to learn, not unemployment. Productivity will mask the skills deficit.
Robot instead of soldier: Hyundai to help South Korea address troop shortages
South Korea is proposing that Hyundai deploy robots on the front line to offset a chronic shortage of military personnel caused by low birth rates and an aging population.
AI is creating 'insatiable' demand for memory: Alger CEO on the semiconductor boom
Alger's CEO explained how AI development is creating enormous demand for memory chips and why this is key to understanding technology investments.
Metis TechBio raised $270 million in Hong Kong IPO — AI for drug development
Hong Kong biotech company Metis TechBio raised HK$2.1 billion in its IPO to develop AI-based drug delivery technologies.
Chinese AI hardware suppliers struggle to keep up with demand due to component shortages
Demand for AI hardware in China is growing faster than local manufacturers can supply. A severe shortage of critical components is creating bottlenecks in the supply chain.
Alibaba and Tencent under scrutiny: proving AI bets are profitable
Chinese investors are demanding that tech giants prove that the billions of dollars spent on AI development are paying off in real profits — the era of unchecked spending is coming to an end.
AI Memory Shortage Splits the Chip Market Into Leaders and Laggards
A global shortage of memory chips driven by the AI boom is widening the gap between corporations: some are growing, while others are losing ground.
JPMorgan: AI agents are the first technology this decade capable of dramatically augmenting the workforce
JPMorgan Asset Management says AI agents are the first technology in decades capable of materially boosting labor productivity. Experts see the start of a long-term reshaping of value.
Anthropic seeks $30 billion amid valuation above $900 billion
The creator of Claude is in talks to raise at least $30 billion at a valuation above $900 billion — one of the highest for a private AI company.
Three Japanese megabanks to gain access to Anthropic's Mythos AI model
After Mythos' limited release last month, Anthropic will grant access to three Japanese megabanks, reigniting the cybersecurity debate.
Tencent's Slow Growth Exposed the Need for an AI Transition
Tencent reported its slowest revenue growth in a year and a half, forcing the company to accelerate AI investment while its core businesses — gaming and advertising — lose momentum.
Alibaba failed to monetize AI — revenue fell below expectations
Alibaba disappointed investors with quarterly revenue below expectations, raising doubts about the company’s ability to turn AI investments into real revenue growth.
African giant Jumia cuts workforce by 10% amid AI rollout
Jumia Technologies is starting a large-scale AI rollout and cutting its workforce by 10% (about 200 people). CEO Francis Dufay said automation is critical for competitiveness in Africa's growing market.
Cloud clinics and AI doctors: how Rezilient is changing access to healthcare
Rezilient CEO Dr. Danish Nagda explains how hybrid cloud clinics and AI doctors can eliminate wait times, reduce costs, and make switching doctors a simple process.
JPMorgan: AI investments drive the market despite economic challenges
Investment in AI remains the main driver of stock market growth, despite rising oil prices, high interest rates and an economic slowdown, JPMorgan strategist Stephanie Aliaga said.
Cerebras raised $5.55 billion in the year's biggest IPO
AI chipmaker Cerebras raised $5.55 billion in its IPO, making it the largest public offering of the year — shares opened 89% above the listing price.
Cisco raises revenue forecast and announces layoffs to focus on AI
Cisco beat revenue forecasts by $1 billion, announced layoffs, and confirmed a successful pivot to the AI market — shares hit a 14-year high.
Apple and OpenAI alliance is cracking — legal proceedings are being prepared
The two-year partnership between Apple and OpenAI has reached the brink: the startup is disappointed with the results and is preparing a lawsuit.
Apple and OpenAI prepare for court — alliance is fraying
The two-year partnership between Apple and OpenAI is becoming strained. The AI startup is preparing a lawsuit after failing to secure the expected benefits from the deal.
Cerebras Systems rose 81% in IPO — biggest AI chipmaker debut of 2026
Neural-network accelerator maker Cerebras Systems listed on Nasdaq and rose 81% on its first trading day, raising a sector-record $5.55 billion.