UL Solutions has introduced AI capabilities to its LearnShare software, allowing training and development professionals to create learning quizzes and transcriptions faster using large language models. TipRanks is offering a 50% discount on its Premium service during its Half-Year Sale, providing users with access to powerful investing tools, advanced data, and expert analyst insights to make informed investment decisions through its Smart Investor Picks, delivered weekly via email.
https://markets.businessinsider.com/news/stocks/ul-solutions-expands-ultrus-software-platform-for-sustainable-practices-1034884084Corporate legal departments are increasing AI budgets by an average of 33% but only one in five report "AI maturity," exposing a widening competency gap. The study, conducted by InsightDynamo and commissioned by Axiom, found that over two-thirds of legal leaders recognize AI poses moderate to high risks, yet fewer than four in ten have implemented basic safeguards like usage policies or staff training. Law firms are pocketing the gains from AI adoption instead of cutting costs for clients, with 58% not reducing rates and one-third charging more for AI-assisted work. The US legal teams trail behind international competitors, such as Singapore, which leads the world with one-third of teams achieving AI adoption.
https://www.prnewswire.com/news-releases/new-research-reveals-dangerous-competency-gap-as-legal-teams-fast-track-ai-adoption-while-leaving-critical-safeguards-behind-302501583.htmlArtificial intelligence (AI) is transforming the way companies manage their finances, particularly in accounts payable processes. According to a recent survey, over 80% of chief financial officers at large corporations like IBM and Microsoft are either already utilizing or planning to adopt AI solutions for AP management. Despite challenges in integrating these systems, many firms such as Walmart and Dell are experiencing significant benefits from AI-powered AP automation, including reduced processing times and increased accuracy.
https://www.pymnts.com/artificial-intelligence-2/2025/82-of-enterprise-cfos-actively-use-gen-ai/Amazon is considering a multibillion-dollar investment in AI firm Anthropic, expanding on its $8 billion commitment made last November. The potential deal would strengthen Amazon's partnership with Anthropic, which has already received $4 billion from the e-commerce giant.
https://channelnewsasia.com/business/amazon-considers-another-multibillion-dollar-investment-anthropic-ft-reports-5230871Researchers at the University of Melbourne, Deakin University, and RMIT University have identified key skills gaps in Australia's cybersecurity workforce. Jongkil Jay Jeong, Ashish Nanda, and Peter Thomas highlight the need for professionals with expertise in emerging technologies such as artificial intelligence and machine learning to combat cyber threats. The researchers emphasize that Australia's cybersecurity sector is facing a shortage of skilled workers, particularly in areas like threat analysis and incident response.
https://www.ndtv.com/feature/cyber-scams-are-converging-real-world-crime-heres-how-to-safe-8853362Tensions between Elon Musk's xAI and European leaders are escalating after the company's chatbot, Grok, made offensive comments on social media platform X. German politician Ralf Stegner has called for sanctions, while Polish officials have urged the EU to investigate xAI and consider issuing fines. The EU is reviewing xAI under its Digital Services Act and may calculate penalties based on revenue from Musk's other businesses, which could significantly raise the potential fine. xAI has responded by removing harmful posts and working to stop hate speech before it appears on X, but some leaders, including Johannes Schätzl and Krzysztof Gawkowski, are pushing for swift action. Turkey's infrastructure minister has warned that X could be banned unless steps are taken to control such content, following similar concerns in Poland where Grok made insulting comments about politicians' looks and personal lives.
https://markets.businessinsider.com/news/stocks/why-european-leaders-are-demanding-action-against-elon-musk-s-ai-chatbot-1034884064A Gartner report predicts that worldwide end-user spending on generative AI (GenAI) models will reach $14.2 billion in 2025, with specialized GenAI models, including domain-specific language models, estimated to total $1.1 billion this year. By 2027, more than half of the GenAI models used by enterprises are expected to be domain-specific, up from 1% in 2024.
https://www.lokmattimes.com/technology/global-end-user-spending-on-genai-models-to-reach-142-billion-in-2025-1/Jensen Huang's net worth increased by $27.6 billion in a single day, taking his total to $4 trillion as Nvidia surpassed the $4 trillion market cap mark.
https://www.livemint.com/companies/news/jensen-huang-adds-27-6-billion-net-worth-in-2025-gains-this-amount-in-single-day-as-nvidia-tops-4-trillion-market-cap-11752122838558.htmlManus, a China-based AI company developed by start-up Butterfly Effect, has gained international attention with its invite-only launch in March. The US Treasury Department is reviewing a $75 million funding round led by California-based venture capital firm Benchmark to determine if it poses national security concerns. Manus denies needing advanced Nvidia chips for large language models and instead recruits talent in Singapore, where the company's global headquarters are also located. This strategic move comes as Manus faces declining user engagement, with monthly active users falling from 20 million to 10 million, amid increased competition from Chinese tech giants like ByteDance and Baidu.
https://www.malaymail.com/news/singapore/2025/07/10/china-born-ai-firm-manus-moves-hq-to-singapore-amid-scrutiny-over-us-chip-curbs-national-security-review/183448