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tech/startups

AI's Uncertain Path: Will Artificial Intelligence Reshape Capitalism — and How?

The relationship between artificial intelligence and capitalism is drawing intense scrutiny as AI systems grow more powerful and pervasive. Economists and technologists are grappling with fundamental questions about how AI will alter the economic systems that govern modern life. Labor and the Future of Work AI's impact on

AI Bootcamps Target UK Youth Unemployment in Preston Initiative

A UK initiative is deploying AI-focused bootcamps as a strategy to address youth unemployment, with programs specifically targeting young people not in education, employment, or training (NEETs) in the Preston area. The bootcamps aim to equip participants with practical AI skills that are increasingly valued across industries. Early reports indicate

China Accelerates AI-Assisted Chip Design to Boost Semiconductor Self-Sufficiency

AI Enters the Chip Design Race China is ramping up efforts to use artificial intelligence in semiconductor design as part of a broader push toward technological self-sufficiency. The initiative comes as the country faces continued restrictions on advanced chips and chip-making equipment from the United States and its allies. AI-assisted

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Automattic Board Removed Following Failed Attempt to Oust CEO Matt Mullenweg

Automattic has undergone significant leadership turmoil in recent days. According to sources familiar with the matter, the company's board was removed from office following a failed attempt to oust CEO Matt Mullenweg. The conflict reportedly began when board members voted to place Mullenweg on leave, an action that

OpenAI Delays IPO Plans Until After 2026, Citing AI Safety Concerns

OpenAI has announced that it will not proceed with an initial public offering in 2026, with CEO Sam Altman citing AI safety concerns as the primary reason for the delay. The decision reflects the company's ongoing prioritization of safety research and development over monetization timelines. The announcement marks

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Revolut Confirms Data Breach Exposing Customer Information

Revolut has confirmed a data breach that exposed customer information to unauthorized parties. The incident occurred when attackers submitted fraudulent government or legal requests to the company, tricking employees into releasing customer data. The company stated it has notified affected customers and alerted the relevant government agencies, law enforcement authorities,

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India to showcase 37 deep-tech ventures at BRICS forum

India is set to showcase 37 deep-tech ventures at the BRICS forum, underscoring its expanding footprint in advanced technology sectors. The initiative reflects the country's push to position itself as a hub for deep-tech innovation within the BRICS grouping, which includes Brazil, Russia, India, China, and South Africa.