Nikhil Kamath, a well-known financial analyst, has weighed in on the growing debate about job losses due to artificial intelligence (AI). According to WEF insights, AI is expected to displace certain jobs, but it will also create new ones. Kamath suggests that while some jobs may be lost, others will emerge that we cannot yet imagine. He emphasizes the need for workers to develop skills that are complementary to AI, such as critical thinking and creativity.
https://www.livemint.com/companies/people/what-jobs-relevant-10-years-zerodha-nikhil-kamath-debate-job-loss-ai-wef-future-insight-report-2025-learning-skills-news-11750909346912.htmlLoop Capital analyst Ananda Baruah predicts a new "Golden Wave" of Gen AI adoption, with NVIDIA (NVDA) at the forefront of this surge in demand.
https://channelnewsasia.com/business/nvidia-hits-record-high-analyst-predicts-ai-golden-wave-5203656Nvidia's share price has reached a record high, reclaiming its title as the world's most valuable company with a market capitalization of $3.66 trillion. The tech giant's stock performance is attributed to its strong demand for graphics processing units (GPUs) and artificial intelligence (AI) solutions. Nvidia's recent success can be seen in its partnerships with major companies such as Microsoft and Google, further solidifying its position in the tech industry.
https://www.livemint.com/market/stock-market-news/nvidia-share-price-hits-record-high-reclaims-title-of-world-s-most-valuable-company-with-3-66-trillion-market-cap-11750900073495.htmlNvidia reclaimed its position as the world's most valuable company after its shares rose 4.33% to a record closing high of $154.31, surpassing Microsoft's market capitalisation of $3.77 trillion. The US chipmaker's dominance in the global graphics processing unit (GPU) market, critical for AI systems and large language models, has helped it overcome export restrictions imposed by the US government under President Donald Trump, which halted sales of its H20 AI chip to China.
https://www.malaymail.com/news/money/2025/06/26/despite-export-bans-nvidia-hits-record-us377t-valuation-to-reclaim-worlds-most-valuable-company-title/181688Arkansas Governor Sarah Huckabee Sanders is urging Republican colleagues to remove a provision from President Donald Trump's bill that would ban state-level AI protections for 10 years. She believes this would undo the progress made by states like Arkansas, Tennessee, Illinois, and Utah in protecting citizens from AI misuse, including copyright infringement and exploitation of individuals' images. Huckabee Sanders argues that Congress should instead establish basic rules and fairness in the AI industry, warning that the current proposal is antithetical to the US founders' vision for a federal system. She suggests targeting China's influence by banning Chinese-owned companies from critical infrastructure and military bases, while encouraging AI growth through state-regulatory frameworks.
https://www.rawstory.com/artificial-intelligence-2672441443/Meta, the leader in open-source AI models, has faced staff departures and delayed launches of new models after being seen as a competitor to Google, OpenAI, and China's DeepSeek. CEO Mark Zuckerberg's company recently hired Alexandr Wang, CEO of Scale AI, to work on its "superintelligence" efforts, with Meta taking a 49% stake in Scale AI for $14.3 billion.
https://www.manilatimes.net/2025/06/27/business/foreign-business/meta-poaches-3-openai-researchers/2138741Meta CEO Mark Zuckerberg has hired three researchers from OpenAI, Lucas Beyer, Alexander Kolesnikov, and Xiaohua Zhai, who were based in OpenAI's Zurich office.
https://channelnewsasia.com/business/meta-hires-three-openai-researchers-wsj-reports-5204316A new report from Boston Consulting Group (BCG) reveals that while AI adoption is strong overall, only 51% of frontline employees regularly use AI tools, with a significant gap between developed and developing countries. India and the Middle East lead in regular AI use, but also report higher fears about automation's impact. To boost AI adoption, proper training, access to right tools, and strong leadership support are key, with companies that redesign workflows unlocking AI's full potential.
https://www.prnewswire.com/news-releases/companies-must-go-beyond-ai-adoption-to-realize-its-full-potential-302491711.htmlNvidia's stock price has surged 14% this year, following a 170% increase last year and a 240% rise in 2023, as the company benefits from high growth and a reasonable valuation. The company reported a 114% year-over-year revenue increase for fiscal year 2025. Nvidia CEO Jensen Huang sees opportunities for growth in robotics, particularly in self-driving cars, alongside artificial intelligence (AI). The business unit focused on automotive and robotics saw a 72% annual increase and accounted for 1% of total revenue in the latest quarter. Nvidia is shifting its focus from being a "chip company" to providing "AI infrastructure" or "computing platform," with CEO Huang stating that the "age of AI is here."
https://www.pymnts.com/artificial-intelligence-2/2025/nvidia-shares-hit-all-time-high-as-companies-add-ai-infrastructure/