π° [AI] Majority of Workers Say AI Will Make Jobs Harder and Only Benefit Those at the Top
Regardless of tech executives' promises that artificial intelligence will make people's workdays more efficient, more productive, and even happier, a new survey out Monday found that employees "are bracing for the impacts of AI rather than embracing them."Thaβ¦
β Common Dreams
π https://www.commondreams.org/news/workers-ai
π° [AI] FBI agent accused of stealing nearly $1 million in cryptocurrency | CNN Politics
An FBI agent stole more than $900,000 in cryptocurrency from accounts the agency was monitoring after he said he became frustrated by what he saw as government inaction over the misuse of crypto accounts, according to court records made public on Monday.
β CNN
π https://www.cnn.com/2026/08/03/politics/fbi-agent-accused-stealing-cryptocurrency
π° [AI] Should you buy Life360 and Xero shares in August?
Millions of customers already rely on these platforms, and each business is finding new ways to become more valuable to them.
The post Should you buy Life360 and Xero shares in August? appeared first on The Motley Fool Australia.
β Motley Fool Australia
π https://www.fool.com.au/2026/08/04/should-you-buy-life360-and-xero-shares-in-august/
π° [AI] Palantir's Karp renews attacks on frontier AI labs that are 'trying to drug addict us'
Palantir CEO Alex Karp doubled down on his criticism of the frontier artificial intelligence labs on Monday, arguing that enterprises shouldn't be forced to give up their intellectual property to work with model makers.
"We have people trying to drug addict uβ¦
β Biztoc.com
π https://biztoc.com/x/2a3cc9e498e36182
π° [AI] Retailers Expand Discount Fashion Business
Off-price apparel stores selling new clothing at discounts of up to 90% are attracting growing interest in Japan as prolonged inflation pushes consumers to seek cheaper alternatives, with Geo Holdings planning to increase its Luck Rack chain roughly tenfold tβ¦
β Newsonjapan.com
π https://newsonjapan.com/article/150231.php
π° [AI] Investing in the "Magnificent Seven?" Pick Your Poison: Negative Free Cash Flow or an Unjustifiable Valuation
Investing in the "Magnificent Seven?" Pick Your Poison: Negative Free Cash Flow or an Unjustifiable Valuation.
In early June, the benchmark S&P 500 (SNPINDEX: ^GSPC) catapulted to an all-time high. While the evolution of artificial intelligence (AI) is the prβ¦
β Biztoc.com
π https://biztoc.com/x/082b78283693979a
π° [AI] Powered Vedic Guidance Platform Bringing Authentic Ancient Wisdom to the Digital Age
New Delhi [India], August 4: VedaSpark, a technology company focused on making authentic Vedic knowledge accessible through artificial intelligence, today announced the launch of AskVedicaa, an AI-powered guidance platform that combines centuries-old Vedic wisdom with modern AI to help individuals make more informed decisions about their careers, relationships, finances, health, education, and personal growth.
β The Tribune
π https://www.tribuneindia.com/news/business/vedaspark-launches-askvedicaa-an-ai-powered-vedic-guidance-platform-bringing-authentic-ancient-wisdom-to-the-digital-age/
π° [AI] VedaSpark Launches AskVedicaa: An AI-Powered Vedic Guidance Platform Bringing Authentic Ancient Wisdom to the Digital Age
New Delhi [India], August 4: VedaSpark, a technology company focused on making authentic Vedic knowledge accessible through artificial intelligence, today announced the launch of AskVedicaa, an AI-powered guidance platform that combines centuries-old Vedic wisdom with modern AI to help individuals make more informed decisions about their careers, relationships, finances, health, education, and personal growth.
β ANI (Asian News International)
π https://www.aninews.in/news/business/vedaspark-launches-askvedicaa-an-ai-powered-vedic-guidance-platform-bringing-authentic-ancient-wisdom-to-the-digital-age20260804160939/
π° [AI] Indian firms accelerate AI adoption and returns; only 4 pc have data readiness
Indian firms accelerate AI adoption and returns; only 4 pc have data readiness - New Delhi, Aug 4 Indian businesses are accelerating investments in artificial intelligence and reporting measurable returns, but only ... Get Latest News on Business only on lokmattimes.com
β Lokmat Times
π https://www.lokmattimes.com/business/indian-firms-accelerate-ai-adoption-and-returns-only-4-pc-have-data-readiness/
π° [AI] Anthropic Inks $10 billion computing deal with new cloud startup Volta Infra
Anthropic has secured ten billion dollars in computing capacity from Volta Infra Holdings. This deal aims to meet the growing demand for Anthropic's artificial intelligence products. Volta Infra Holdings is an infrastructure startup backed by Nvidia. The agreement spans six years and involves a data center in Norway. This move highlights the significant investment required for AI development and expansion.
β The Economic Times
π https://economictimes.indiatimes.com/tech/technology/anthropic-inks-10-billion-computing-deal-with-new-cloud-startup-volta-infra/articleshow/132860624.cms
π° [AI] Indian firms accelerate AI adoption and returns; only 4 pc have data readiness
Indian firms accelerate AI adoption and returns; only 4 pc have data readiness - New Delhi, Aug 4 Indian businesses are accelerating investments in artificial intelligence and reporting measurable returns, but only ... Get Latest News on Technology only on lokmattimes.com
β Lokmat Times
π https://www.lokmattimes.com/technology/indian-firms-accelerate-ai-adoption-and-returns-only-4-pc-have-data-readiness-1/
π° [AI] AI offers 'lifeline' for emerging economies, World Bank says
Artificial intelligence can accelerate developing nations' progress by a century within ten years. Emerging economies face fewer job threats from AI compared to wealthier countries. These nations have more to gain and less to fear from the AI revolution. However, governments must address power, connectivity, and skills to seize this opportunity. Missing this technological shift carries severe economic consequences for developing economies.
β The Economic Times
π https://economictimes.indiatimes.com/tech/artificial-intelligence/ai-offers-lifeline-for-emerging-economies-world-bank-says/articleshow/132861979.cms
π° [AI] US stocks: S&P 500 hits record high on strong AI-linked earnings, Mideast deal hopes
Wall Street's S&P 500 index reached a new intraday record high on Tuesday. Upbeat artificial intelligence forecasts from Caterpillar and Palantir boosted market sentiment. Hopes for an imminent Middle East peace deal also contributed to the gains. Strong earnings from AI companies like Amazon and Microsoft reassured investors about their investments. The blue-chip Dow Jones Industrial Average also traded at a fresh intraday record high.
β The Economic Times
π https://economictimes.indiatimes.com/markets/us-stocks/news/us-stocks-sp-500-hits-record-high-on-strong-ai-linked-earnings-mideast-deal-hopes/articleshow/132862570.cms
π° [AI] Meta cut 8,000 jobs. CEO Mark Zuckerberg says AI is creating more work-but not inside Meta
Meta's chief executive states artificial intelligence generates jobs via infrastructure demands. Thousands of corporate roles disappeared while construction jobs are emerging. The company plans significant investments in AI infrastructure for future growth. This expansion requires extensive data centers and specialized construction labor. Many employees faced layoffs during Meta's AI-focused restructuring.
β The Economic Times
π https://economictimes.indiatimes.com/news/international/global-trends/meta-cut-8000-jobs-zuckerberg-says-ai-is-creating-more-workbut-not-inside-meta/articleshow/132861760.cms
π° [AI] 'Strategic autonomy' in AI crucial, avoid overdependence on single source: IT Secretary, S Krishnan
India must build domestic AI capabilities and avoid single-source dependence. Strategic autonomy is key for India's AI ecosystem development. Diversified and resilient global supply chains are essential for India's AI integration. The government is considering an artificial intelligence law and regulatory framework. Feedback is currently being gathered for potential AI legislation and rules.
β The Economic Times
π https://economictimes.indiatimes.com/tech/technology/strategic-autonomy-in-ai-crucial-avoid-overdependence-on-single-source-it-secretary-s-krishnan/articleshow/132863728.cms
π° [AI] SK Hynix rises 5% as brokerages launch coverage with bullish ratings
SK Hynix shares jumped five percent as brokerages began coverage with positive assessments, spurred by the company's strong position within the artificial intelligence memory sector. Although there was a recent dip, the U.S. listing enhances global investor accessibility. Despite reporting record quarterly profits, shipment delays caused a miss on analyst expectations. Nonetheless, robust orders from U.S. tech firms bolster forecasts for ongoing AI infrastructure investments.
β The Economic Times
π https://economictimes.indiatimes.com/markets/us-stocks/news/sk-hynix-rises-5-as-brokerages-launch-coverage-with-bullish-ratings/articleshow/132866674.cms
π° [AI] Sarvam Gets Backing From Activate As $300 Mn Funding Round Gains Momentum
AI-focused venture fund Activate has announced a strategic investment in Bengaluru-based artificial intelligence (AI) startup Sarvam, joining the company's ongoing $300 million fundraising round. The development comes a day after Sarvam disclosed that it had secured an additional $75 million from investors including Nvidia, Glade Brook Capital and Gaja Capital. The latest tranche forms part of the startup's planned $300 million raise, which values the company at around $1.5 billion.
β Outlook Business
π https://www.outlookbusiness.com/deeptech/artificial-intelligence/sarvam-gets-backing-from-activate-as-300-mn-funding-round-gains-momentum
π° [AI] AI can turbocharge India's growth despite job disruption: World Bank
Artificial intelligence can significantly boost developing economies' growth before the decade ends. India leads AI adoption, benefiting farmers with weather forecasts and increasing tech activity. Fintech lenders use AI for credit scoring, extending loans to underserved businesses and workers. Governments must quickly close gaps in power, connectivity, skills, and institutional quality. AI could automate some jobs while complementing many others across low-income countries.
β The Economic Times
π https://economictimes.indiatimes.com/news/india/ai-can-turbocharge-indias-growth-despite-job-disruption-world-bank/articleshow/132871499.cms
π° [AI] Japan says combat drones key to adapting to new warfare as tension rises in the region
TOKYO, Aug 4 : Japan needs to adapt to the new methods of warfare like drones and artificial intelligence used in Ukraine and the Middle East and strengthen its defence industry, the government said Tuesday. Japan has bolstered its military...
β Daily Excelsior
π https://www.dailyexcelsior.com/japan-says-combat-drones-key-to-adapting-to-new-warfare-as-tension-rises-in-the-region/
π° [AI] Seoul shares extend gains amid Hormuz hopes, easing AI concerns
Seoul shares extend gains amid Hormuz hopes, easing AI concerns - Seoul, Aug 5 Seoul shares extended gains late on Wednesday as easing concerns over artificial intelligence (AI) profitability ... Get Latest News on Business only on lokmattimes.com
β Lokmat Times
π https://www.lokmattimes.com/business/seoul-shares-extend-gains-amid-hormuz-hopes-easing-ai-concerns/
π° [AI] Seoul shares extend gains amid Hormuz hopes, easing AI concerns
Seoul shares extend gains amid Hormuz hopes, easing AI concerns - Seoul, Aug 5 Seoul shares extended gains late on Wednesday as easing concerns over artificial intelligence (AI) profitability ... Get Latest News on Technology only on lokmattimes.com
β Lokmat Times
π https://www.lokmattimes.com/technology/seoul-shares-extend-gains-amid-hormuz-hopes-easing-ai-concerns-1/
π° [AI] OpenAIβs Astra solves 10 longstanding math problems, igniting new debate
Apart from praise, the news, published on August 1, also kickstarted a debate on social media over whether the achievement is Fields medal-worthy β and what these honours mean in the artificial intelligence (AI) era. The Fields medal is awarded by the International Mathematical Union (IMU), and is often called the "Nobel Prize of Mathematics". It is awarded every four years to young mathematicians.
β The Economic Times
π https://economictimes.indiatimes.com/tech/artificial-intelligence/openais-astra-solves-10-longstanding-math-problems-igniting-new-debate/articleshow/132891125.cms
π° [AI] AI can help developing economies achieve century's progress in a decade if governments act now: World Bank
Artificial intelligence (AI) could enable developing economies to achieve in a decade what might otherwise take a century, provided governments move quickly to bridge gaps in electricity, internet connectivity, skills and institutional capacity, the World Bank said in its World Development Report 2026: The Promise of Artificial Intelligence.
β ANI (Asian News International)
π https://www.aninews.in/news/business/ai-can-help-developing-economies-achieve-centurys-progress-in-a-decade-if-governments-act-now-world-bank20260805093923/
π° [AI] AI offers lifeline to developing economies by accelerating growth: World Bank
AI offers lifeline to developing economies by accelerating growth: World Bank - New Delhi, Aug 5 Artificial intelligence gave a lifeline to developing countries, allowing them to achieve in a ... Get Latest News on Technology only on lokmattimes.com
β Lokmat Times
π https://www.lokmattimes.com/technology/ai-offers-lifeline-to-developing-economies-by-accelerating-growth-world-bank-1/
π° [AI] Furrl's AI styling engine and commerce app acquired by Reliance Retail
Bengaluru (Karnataka) [India], August 5: Furrl, a Bengaluru-based AI-powered styling, cataloguing and fashion discovery platform founded by Esha Tiwary, today confirmed that its technology - including its AI Styling Engine and commerce app - has been acquired by Reliance Retail Ventures Limited (RRVL). The acquisition forms part of Reliance Retail's broader strategy to embed artificial intelligence across its consumer businesses and deliver more personalised, intuitive shopping experiences.
β The Tribune
π https://www.tribuneindia.com/news/business/furrls-ai-styling-engine-and-commerce-app-acquired-by-reliance-retail/
π° [AI] New Study: Indian Enterprises Have Funded AI at Scale -- Only 12% Can Prove It Is Paying Off
Mumbai (Maharashtra) [India], August 5: Two years into what most Indian enterprises describe as a serious commitment to artificial intelligence (AI), boards are still searching for the one metric that matters most: measurable business impact. That is the central finding of the State of AI in Indian Enterprises 2026, a new research report published by ET Edge CIO&Leader. Key findings from the report were unveiled at the 27th CIO&Leader Conference, The Agentic Enterprise, held in Jaipur from July 31 to August 2, 2026.
β ANI (Asian News International)
π https://www.aninews.in/news/business/new-study-indian-enterprises-have-funded-ai-at-scale-only-12-can-prove-it-is-paying-off20260805124323/
π° [AI] Furrl's AI styling engine and commerce app acquired by Reliance Retail
Bengaluru (Karnataka) [India], August 5: Furrl, a Bengaluru-based AI-powered styling, cataloguing and fashion discovery platform founded by Esha Tiwary, today confirmed that its technology - including its AI Styling Engine and commerce app - has been acquired by Reliance Retail Ventures Limited (RRVL). The acquisition forms part of Reliance Retail's broader strategy to embed artificial intelligence across its consumer businesses and deliver more personalised, intuitive shopping experiences.
β ANI (Asian News International)
π https://www.aninews.in/news/business/furrls-ai-styling-engine-and-commerce-app-acquired-by-reliance-retail20260805131113/
π° [AI] New Study: Indian Enterprises Have Funded AI at Scale
Mumbai (Maharashtra) [India], August 5: Two years into what most Indian enterprises describe as a serious commitment to artificial intelligence (AI), boards are still searching for the one metric that matters most: measurable business impact. That is the central finding of the State of AI in Indian Enterprises 2026, a new research report published by ET Edge CIO&Leader. Key findings from the report were unveiled at the 27th CIO&Leader Conference, The Agentic Enterprise, held in Jaipur from July 31 to August 2, 2026.
β The Tribune
π https://www.tribuneindia.com/news/business/new-study-indian-enterprises-have-funded-ai-at-scale-only-12-can-prove-it-is-paying-off/