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AI News Today: Mental Health Diagnostics, Legal Frameworks, Infrastructure Buildout, and Economic Concerns

Today's AI news covers groundbreaking healthcare applications, emerging legal frameworks for AI agents, major infrastructure investments, and growing economic concerns.

USC Researchers Develop Multimodal AI for Depression and Suicide Detection

USC Viterbi researchers have developed a multimodal AI approach that analyzes sweat, brain signals, and eye movements to detect depression and suicide risk, potentially offering a more objective assessment tool for mental health diagnostics.

Read more: USC Study Used Sweat, Brain Signals, Eye Movements and AI to Detect Depression and Suicide Risk - USC Viterbi School of Engineering

Delaware's Secretary of State has partnered with Norm AI to propose the AIC, a new legal entity framework designed specifically for artificial intelligence agents, potentially establishing a framework similar to LLCs or Public Benefit Corporations.

Read more: Exclusive: Delaware Secretary of State partners with Norm Ai to propose the AIC, a legal entity for agents - Fortune

TSMC Posts Record Revenue Driven by AI Chip Demand

Taiwan Semiconductor Manufacturing Company (TSMC) posted record second-quarter revenue, with a 36% year-on-year increase driven by strong demand for AI-related semiconductors. The results beat market expectations, underscoring the company's pivotal role in the global AI supply chain.

Read more: TSMC posts record revenue in second quarter on AI demand - Reuters

Meta Scales AI Infrastructure with $50 Billion Investment

Meta is significantly scaling up its AI infrastructure with a Louisiana data center expansion to 5 gigawatts and a total investment exceeding $50 billion, reflecting the massive computational demands of modern AI development.

Read more: Meta Expands Louisiana AI Data Centre to 5GW as Investment Tops $50 Billion (META) - Yahoo Finance

Tech Leaders Warn of AI-Driven Job Losses

A coalition of prominent tech figures and economists, including former Google CEO Eric Schmidt and LinkedIn co‑founder Reid Hoffman, has signed an open letter warning that artificial intelligence could eliminate millions of jobs and urging policymakers and industry leaders to act now to understand and mitigate the impact.

Read more: Read the letter Eric Schmidt, Reid Hoffman, and top economists signed warning about AI wiping away millio - The Times of India

AI Infrastructure Buildout Fuels Inflation Concerns

The rapid expansion of AI infrastructure is driving up costs for consumer electronics like laptops and increasing electricity prices, adding fresh pressure to inflation metrics.

Read more: Massive AI buildout poses latest inflation threat as consumers pay more for laptops and electricity - ABC News - Breaking News, Latest News and Videos