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The AI layoff wave is becoming a powder keg

BitcoinWorld The AI layoff wave is becoming a powder keg Something strange is happening in tech right now. Companies are posting record profits and revenue while laying off tens of thousands of people, citing AI as the official explanation. So far this year, there have been an estimated 363 layoffs at tech companies, affecting nearly …

Anthropic’s suspension of AI models reignites India’s debate on technological sovereignty

BitcoinWorld Anthropic’s suspension of AI models reignites India’s debate on technological sovereignty Anthropic’s sudden move to suspend access to its newest AI models following a U.S. government directive has sent ripples through the global technology industry. In India, the decision has reignited a long-running debate over whether one of the world’s largest AI markets can …

KPMG retracts AI report after hallucinations surface in claims about organizations

BitcoinWorld KPMG retracts AI report after hallucinations surface in claims about organizations Professional services giant KPMG has withdrawn a widely circulated report on artificial intelligence after multiple organizations named in the document disputed its accuracy, with independent researchers attributing the errors to AI hallucinations. Report on agentic AI pulled after fact-checking reveals inaccuracies The report, …

Amazon CEO flagged Anthropic AI model security risks to US Treasury before export ban, report says

BitcoinWorld Amazon CEO flagged Anthropic AI model security risks to US Treasury before export ban, report says Amazon CEO Andy Jassy reportedly raised serious security concerns about Anthropic’s artificial intelligence models directly with Treasury Secretary Scott Bessent and other government officials, according to a Wall Street Journal report published Friday. The discussions are said to …