Tag: AI

CNBC’s Robert Frank joins ‘Squawk Box’ with a look at AI billionaires.

In 2025, 64% of U.S. venture capital funding targeted AI startups, with companies like OpenAI valued at $300 billion despite no profits or public trading. Tech giants Google, Amazon, and Meta spent over $400 billion on AI in 2024.

However, 70% of funded AI startups remain unprofitable, raising concerns of a possible AI bubble similar to the dotcom era. AI investments and salaries have surged, but productivity gains and market valuations show volatility.

Regulatory challenges and public skepticism persist. With projected AI investments reaching $7 trillion by 2030, the sustainability of this boom remains uncertain, paralleling past tech bubbles.

Get ready to meet the new boss of AI music generation… who’s actually the old boss! In this video, I’m taking a first look at Producer AI, the evolution of the OG AI music tool, Riffusion. It’s got a whole new conversational workflow that feels like you’re co-writing with an AI, and I’m diving in to see what it can do.

From creating a summer pop anthem to generating a modern country song about hating modern country, we’re putting Producer AI to the test across a bunch of genres. We’ll even explore its hip-hop capabilities and make a stoner rock track inspired by Black Sabbath. I’ll walk you through the new features like the “Add Vibe” option, direct recording, and how you can customize the AI to your creative process.

Join me as we explore the future of music creation!

A research paper predicting that artificial intelligence will go rogue in 2027 and lead to humanity’s extinction within a decade is making waves in the tech world.

The detailed scenario, called AI2027, was published by a group of influential AI experts in the spring and has since spurred many viral videos as people debate its likelihood. The BBC has recreated scenes from the scenario using mainstream generative AI tools to illustrate the stark prediction and spoken to experts about the impact the paper is having.

Dave Rubin of “The Rubin Report” introduces AI Dave who will be filling in for him while he is off the grid in August.

CNBC’s Julia Boorstin goes inside a popular San Francisco restaurant to show how it’s capitalizing on new AI startups to streamline daily tasks and looks at how OpenTable is reshaping the industry for both restaurants and diners on the platform.

Sky News host Chris Kenny reacts to the “grim news” that tech giant Atlassian is cutting 150 jobs, with positions expected to be replaced by artificial intelligence. “Some grim news today that could well be a portent of more to come as 150 jobs disappear in the tech industries, jobs to be replaced by artificial intelligence,” Mr Kenny said. “The AI revolution is bound to cost many jobs in coming years, the big question is how many others it might create.”

Microsoft co-founder Bill Gates sat down with CNN’s Fareed Zakaria to discuss what an AI-driven future may look like, and how AI can help the developing world.

Google Veo 3’s “Draw to direct” feature allows users to visually guide the video generation process by sketching elements within the video frame. This feature, available within Google Vids, lets users combine text prompts with their drawings to create more customized and specific video content.

Frank King’s keynote speech at Philippine Blockchain Week 2025, titled “The Future of Blockchain Tech 2035,” discusses the transformative potential of blockchain technology across four key areas:

Banking By 2035, traditional bank accounts may be replaced by self-custodial wallets, offering equal access to global financial tools for everyone, regardless of location or background. King highlights Tangent Pay as an innovative solution combining cold wallet security with the ease of a debit card.

Real World Assets (RWAs) The tokenization of real assets like real estate, US treasury bills, and precious metals is gaining traction. This allows for fractional ownership, use as collateral for DeFi loans, and integration into yield strategies. Companies like Securitize and Centrifuge are leading this shift, with billions of dollars in assets already tokenized.

Entertainment Sector Blockchain transparency, combined with AI fraud detection, could revolutionize the entertainment industry by ensuring fair compensation for content creators and reducing censorship. Decentralized platforms like Odysee for video and Audius for music are already growing, offering creators more control and direct monetization opportunities.

Global Economy King argues that Bitcoin is poised to become the world’s top reserve asset, surpassing gold due to its transparency, fixed supply, and resistance to inflation. By 2035, Bitcoin could form the backbone of the global economy, leading to fully transparent economies where countries’ financial health is easily verifiable.

King emphasizes that blockchain’s core principles of equal opportunities, freedom, and transparency are driving progress and will lead to a future where everyone has equal access to financial tools, real assets are tokenized, media giants no longer control entertainment, and the global economy is fully transparent.