Author: IQ TIMES MEDIA

AI-related job loss fears grow each time another company announces a round of layoffs. Through May of 2026, companies announced that close to 90,000 job cuts were tied to AI, and, by some accounts, up to 15% of U.S. jobs are projected to be eliminated by AI over the next five years. Promises from the tech industry that AI will also create new jobs does little to ease fears, especially for the generation wondering if anyone will be hiring when they graduate.  A recent report from Ramp and Revelio Labs, which track enterprise AI spend and workforce records from nearly…

Base44, the vibe coding platform that Wix acquired for $80 million just one year ago — when the company was barely six moths old and had a team of eight — has started rolling out its own AI model to support its users in creating apps with natural language. The move comes as the discussion in AI circles has intensified over whether frontier models are best suited for all use cases. A related question is whether businesses built on top of someone else’s models are truly defensible long-term. The latest move of Base44, based in the Bay Area, speaks to…

Fox News issued an apology after Kevin O’Leary said during an appearance on the channel that opponents of his Utah data center were proxies for the Chinese government.Several Fox News and Fox Business hosts, including Maria Bartiromo, read out rare on-air apologies after O’Leary made the comments on the network in late May.Fox News host Johnny Joey Jones said in his weekend broadcast that there was “no evidence” that the groups referenced by O’Leary were funded by or working in coordination with the Chinese Communist Party.”He made certain claims relating to the opponents of his project. Mr. O’Leary has now…

Google announced on Monday that the Gemini app is now offering its personalized Nano Banana-powered image generation feature to a broader audience. Starting today, all eligible users in the U.S. can access the feature for free, a service that was previously only available to Plus, Pro, and Ultra subscribers. Google initially announced that Gemini’s Personal Intelligence feature would get Nano Banana-powered image generation back in April, allowing users to create images that reflect their unique interests. This means that images can be generated based on Gemini’s understanding of your likes and preferences without you having to specify them in your…

WASHINGTON (AP) — Students pursuing graduate degrees in nursing, physical therapy and several other fields will be eligible for higher student loan limits — at least for now — after a federal judge blocked part of a Trump administration rule that held them to lower caps.The U.S. Education Department issued a revised rule on Monday designed to follow the judge’s order from last week, officials told The Associated Press. Agency officials called it a temporary change while they fight in court to keep the original rule, which defined medicine, law and other fields as “professional programs” but excluded nursing and…

Governor Gavin Newsom (D-CA) and Anthropic have made a deal that allows California government agencies to use Claude at a discounted price. This agreement comes at a time when businesses are struggling to manage the hefty costs of enterprise subscriptions to AI tools. Under the deal, all state agencies and local governments will have access to Claude, Anthropic’s AI chatbot, as well as training and support from Anthropic. A press release from the Governor’s office says that Claude will help state employees draft documents and analyze information. “AI should not replace the human work of government; it should help our…

The world’s two largest memory chip companies plan to invest $518 billion (~800 trillion won) to build four new memory fabs in southwestern South Korea, a region that has historically attracted little semiconductor investment. The announcement is part of the country’s sweeping national investment plan spanning semiconductors, AI data centers, and physical AI, which was unveiled at a presidential briefing on Monday, with the chairmen of Samsung and SK Hynix in attendance. The plan breaks down into three buckets. In the memory chip bucket is $518 billion for four new memory fabs in the southwest, plus $52 billion for an…

SAN FRANCISCO — Gov. Gavin Newsom has struck a deal with Anthropic to expand the use of Claude products across California’s government at a discounted cost.The agreement, first shared with POLITICO, would make Claude the first artificial intelligence tool available to all state agencies and local governments. It comes amid a monthslong fight between Anthropic and the Trump administration, which has restricted the rollout of the company’s most advanced models and designated it a risk to the national supply chain.Newsom’s deal seeks to drive broader adoption of Claude by cutting the AI chatbot’s price in half for state government agencies,…

Just eight months after launching its commercial service, AI leaderboard provider Arena, which originated as a research project at UC Berkeley in 2023, has reached $100 million in annualized run-rate revenue. Arena is best known for its popular crowdsourced AI model performance leaderboard, generated from over 10 million user evaluations. Its consumer website lets a user type a prompt it sends to two models; afterward, the user chooses which model did a better job. While Arena’s popular AI model leaderboard is free for public use, the company began generating revenue from its platform in September when it introduced AI Evaluations,…

Cursor isn’t letting the $60 billion SpaceX acquisition slow it down. On Monday, the company announced a new mobile app for iOS devices designed for users who want to prompt coding agents directly from their phone. The app ties into the Cursor 2.0 changes unveiled in October, which shifted the service towards independent coding agents. With the mobile app, users can spin up new coding agents or interact with agents that were initiated from the desktop client. Cursor’s move to mobile follows similar apps from Anthropic and OpenAI, both of which offer ways to interact with their coding tools on…