Goldman Sachs: AI to Steal 6-7% Jobs from the US Market

By Rajpalsinh Parmar | August 14, 2025

Key Highlights According to Goldman Sachs Research, AI may displace 6-7% of U.S. jobs, but historically, new roles are also emerging to fill gaps. AI could boost productivity by 15% in developed markets However, jobs with routine tasks like coding, customer service are at risk, according to the report The fear that artificial intelligence will wipe out jobs is not new. Every time a major technological shift happens, people panic about robots stealing work. But according to Goldman Sachs Research, the reality is more complicated and less scary. While AI is already changing how we work, it is not the […]

OpenAI Walks Back GPT-5 Changes after Rough Launch

By Rajpalsinh Parmar | August 14, 2025

Key Highlights OpenAI rolls back GPT-5 changes and reinstates GPT-4o after facing intense criticism GPT-5 gets a higher rate limit with 3,000 messages per week, along with legacy model access Sam Altman promises “warmer” AI personality tweaks after backlash over robotic tone After an unexpected rollout of ChatGPT and heavy backlash from the community, OpenAI CEO Sam Altman has finally addressed an issue, saying, “We are working on an update to GPT-5’s personality.” Updates to ChatGPT: You can now choose between “Auto”, “Fast”, and “Thinking” for GPT-5. Most users will want Auto, but the additional control will be useful for […]

EPPC Scholars Call for Careful Approach to AI in Education

EPPC Scholars Warn Against Excessive AI Use in U.S. Education

By Rajpalsinh Parmar | August 13, 2025

Key Highlights EPPC scholars support using AI in the education system AI education for older students, but warn against excessive use in subjects like English and History Their study found that relying too much on AI tools may weaken memory and creativity in students The Education Department is taking public feedback until August 20 on its plan to expand AI in schools Scholars from the Ethics and Public Policy Center (EPPC) have raised concerns about the looming risks of integrating artificial intelligence into U.S. classrooms. EPPC Recommends Going Slow on AI in the Education Sector In a public comment submitted […]

RBI’s AI Sandbox Plan for Homegrown Fintech Sector

RBI’s New “FREE-AI” Guidelines Could Be A Game Changer for the Indian Finance Sector

By Rajpalsinh Parmar | August 13, 2025

Key Highlights RBI’s special panel proposes 7 “Sutras” for ethical AI in finance India pushes for homegrown AI models and a regulatory sandbox to boost fintech growth AI investments in finance to hit $97 billion by 2027 According to the latest report, the Reserve Bank of India (RBI)’s special panel proposed a framework for Responsible and Ethical Enablement of Artificial Intelligence (FREE-AI) in the Financial Sector on August 13. “For an emerging economy like India, AI presents new ways to address developmental challenges. Multi-modal, multi-lingual AI can enable the delivery of financial services to millions who have been excluded. When […]

OpenAI Eyes Brain-Computer Interface Investment to Rival Musk’s Neuralink

By Vignesh Karunanidhi | August 13, 2025

Merge Labs seeks $250M funding at $850M valuation with OpenAI backing Brain-computer interface market heats up as AI advances enable new applications In order to directly compete with Elon Musk’s Neuralink in the market for brain-computer interfaces, OpenAI and co-founder Sam Altman are getting ready to invest in Merge Labs. According to those familiar with the preparations, the new business is gathering $250 million at a value of $850 million, with a large portion of the funding coming from OpenAI’s ventures team. Altman will co-found Merge Labs alongside Alex Blania, who currently runs World, an eyeball-scanning digital identity project also […]

Perplexity Stuns World With $34.5B Bid for Google’s Chrome

By Rajpalsinh Parmar | August 12, 2025

Key Highlights Perplexity AI makes a staggering $34.5 billion all-cash deal for Google’s Chrome browser Google is expected to deny the unsolicited offer amid antitrust battles Perplexity wants to dominate the AI sector with this deal In the latest news that shocked Silicon Valley, the leading AI startup Perplexity has thrown down a $34.5 billion all-cash deal to buy Google’s Chrome browser. The “unsolicited bid” comes while the three-year-old company is valued at just $14 billion. This deal looks to grab a piece of the browser’s massive user base, which is over three billion people. AI startup Perplexity has made […]

Anthropic Offers Claude AI to US Govt for Just $1 Per Year

By Rajpalsinh Parmar | August 12, 2025

Key Highlights Anthropic is offering its Claude AI to all U.S. government agencies for just $1 per year AI can reduce paperwork time, speed up medical diagnoses for veterans, and answer public questions instantly Companies like Anthropic, OpenAI, and Google are all competing to get their AI into federal offices According to the latest report, artificial intelligence is about to change how the U.S. government works, and it is coming at an unbelievable price. (Source: AI Blog on X) Anthropic, the company behind the powerful Claude AI, announced Tuesday that it is offering its chatbot to every federal agency for […]

OpenAI CEO Predicts High-Paying Space Jobs for Grads Within a Decade

By Vignesh Karunanidhi | August 12, 2025

OpenAI CEO envisions 2035 graduates launching solar system exploration missions AI technology could enable one-person billion-dollar companies within years Aerospace engineering jobs already growing faster than national average OpenAI CEO Sam Altman has painted an optimistic picture for future college graduates, predicting they will land lucrative space exploration careers by 2035 while current workers perform “boring, old work” by comparison. Speaking with video journalist Cleo Abram, the tech billionaire expressed envy for Generation Z professionals entering today’s quickly changing job market. Altman projects that within a decade, recent graduates may depart on interplanetary missions aboard spacecraft. His vision aligns with […]

US’s Chip Deal with Nvidia and AMD; 15% of China Sales to Go to Government

By Rajpalsinh Parmar | August 11, 2025

Key Highlights The US might provide relief to Nvidia and AMD, allowing them to sell certain lower-performance AI chips to Chinese clients without licenses However, these tech giants will have to pay up to 15% of their China sales This relaxation comes amid US President Trump extending the China tariff deadline by 90 days The U.S. government has reached a rare agreement with chipmakers Nvidia and AMD, in which these companies can resume selling certain artificial intelligence chips to China. However, 15% of the revenue from those sales will flow directly into America’s coffers. The deal, announced Monday, shows a […]

Bell Users to Get 12 Months of Perplexity Pro Free in Canada

By Rajpalsinh Parmar | August 11, 2025

Key Highlights Bell becomes Perplexity’s exclusive telecom partner in Canada, offering eligible customers a free year of Perplexity Pro worth nearly $300 Announcement comes ahead of the back-to-school season, which aims to make advanced AI tools Perplexity Pro access includes top AI models, unlimited file analysis, and image generation tools On August 11, Bell Canada, a major Canadian telecommunications and media company, announced its partnership with Perplexity, a rapidly growing AI-based search platform. This deal will make Bell the exclusive telecom partner for the service in Canada. According to the official press release, the partnership will allow eligible Bell customers […]

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