Microsoft shares face worst month since dot-com era amid AI concerns

Meta's restrictions highlight growing concerns over data privacy in AI, pushing for more secure enterprise solutions in the AI tools market. The post Meta restricts engineers’ use of Claude Code and Codex to protect AI training data appeared first on Crypto Briefing.

Alex Bores’ defeat in a New York congressional primary was a taste of things to come

Italy’s competition watchdog has opened an investigation into Microsoft over concerns it may not have clearly informed consumers about the integration of Copilot and Designer into Microsoft 365 subscriptions, associated price increases, and automatic upgrades to higher-cost plans. The Italian Competition Authority (AGCM), in a statement to the press, said it had opened an investigation into Microsoft S.r.l., the vendor’s Italian subsidiary, and Microsoft Ireland Operations Ltd. to assess whether the way the changes to M365 pricing were communicated may have unduly restricted consumers’ freedom of choice. Although the AGCM’s announcement does not explicitly identify the pricing event under investigation, its description aligns with Microsoft’s January 2025 rollout of Copilot and Designer for Microsoft 365 Personal and Family subscribers. At the time, Microsoft announced its first price increase for the consumer subscriptions since the launch of Copilot and Designer, stating that existin

KLA's strategic positioning in the chip equipment market underscores the sustained growth potential driven by AI and advanced packaging innovations. The post KLA Corporation eyes $250B global chip equipment market as AI demand surges appeared first on Crypto Briefing.

California's AI governance framework could set a precedent for balancing innovation with ethical standards, influencing national AI policies. The post Anthropic, Newsom sign deal to expand AI use in California government appeared first on Crypto Briefing.

BAT's AI-driven restructuring highlights the growing trend of automation in traditional industries, potentially reshaping global job markets. The post British American Tobacco cuts 5,500 jobs globally as AI-driven restructuring reshapes Big Tobacco appeared first on Crypto Briefing.

Modern AI systems are, in effect, a universal adviser to help people do harmful things. We’ll need to harness AI for defense, too Earlier this week, national security agencies from the Five Eyes – that’s the rich, English-language-speaking countries club – jointly released a statement warning of the increasing cyber risks of AI models: in particular, their ability to autonomously hack into systems and networks. The statement was more measured than some of the breathless headlines about it, and the advice they gave is pretty much the standard advice everyone gives – albeit with newfound urgency. Internet risks are nothing new, and cyber-attacks – both large and small – have been a significant issue since long before the current crop of generative AI models. Bruce Schneier is a security technologist who teaches at the Harvard Kennedy School at Harvard University and University of Toronto’s Munk School Continue reading...

Welcome to AI Insider’s The Week Ahead in AI. See the key developments and events we’re watching June 28-July 4. Weekend AI News Briefs Google Caps Meta’s Gemini Use as AI Demand Strains Capacity The Financial Times reported that Google has capped Meta’s access to its Gemini AI models after the social media company requested more […]