AI News

Follow the latest AI and automation news

5 Aug 202622 Safar 1448 AH

Warba Bank launches voice AI banking assistant

Kuwaiti Islamic bank Warba Bank has launched Bdr AI, an intelligent banking assistant integrated into its mobile app, allowing customers to complete transactions using voice or text commands in Kuwaiti Arabic or English. Bdr AI is the first agentic AI system capable of executing banking transactions directly by voice, covering instant transfers via WAMD, transfers between accounts, payments to saved beneficiaries, and generating PayMe links.

Models

5 Aug 202622 Safar 1448 AH

Alibaba Launches Qwen3.8 Foundation Model and Qianwen Office Agent, Reseating Itself in the Enterprise AI Race

On August 3, Alibaba launched the new Qwen3.8 model, with the flagship Qwen3.8-Max boasting 2.4 trillion parameters. The architecture combines Mixture-of-Experts with mixed attention to enhance inference efficiency and speed. The same week, Qianwen Office opened its public beta with Qwen3.8 as the default inference engine, completing the loop between the base model and DingTalk enterprise access. The Qwen3.8 release marks a shift from chat intelligence to delivery intelligence.

Governance

5 Aug 202622 Safar 1448 AH

AI Influencers Are Heading Into Uncharted Territory

Some creators are concerned that the EU AI Act may lead to regulatory chaos that could negatively impact their profitable businesses. Conversely, others are embracing this challenge by incorporating AI transparency into their creative processes. This dynamic reflects a shift in how creators are engaging with technology, highlighting the importance of adapting to new regulatory requirements.

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OK, Well, Rogue AI Agents Are Hacking Again

What strategies can be implemented to secure systems against AI threats?

Business

AMD’s data center business is booming while gaming takes a backseat

4 Aug 202621 Safar 1448 AH

Business

4 Aug 202621 Safar 1448 AH

AMD’s data center business is booming while gaming takes a backseat

AMD reported a significant increase in data center revenue, reaching $6.7 billion in its latest earnings report, up 107% year-over-year. This figure surpasses the $5.8 billion reported in Q1, driven by the growing demand for AI capabilities. CEO Lisa Su indicated that the company expects data center revenue to more than double again by 2027. In contrast, gaming revenue fell by 31% to $779 million, impacted by price hikes and component shortages, which negatively affected sales of the Xbox Series X/S and PS5.

Business

SpaceX made more revenue as an AI company than a space company

4 Aug 202621 Safar 1448 AH

Business

4 Aug 202621 Safar 1448 AH

SpaceX made more revenue as an AI company than a space company

SpaceX reported that its AI revenue surged more than threefold to $2.6 billion, primarily due to contracts with other companies. These contracts included partnerships with Anthropic in May and Google in June, enhancing SpaceX's position in the cloud computing market. However, the division incurred losses of $1.5 billion this quarter, slightly less than the same period last year. SpaceX is looking to increase its investments in AI, which could impact its competitive strategies in the market, especially with new competitors like CoreWeave emerging.

Models

Open-weight AI models are catching up to the frontier. The safety gap remains.

4 Aug 202621 Safar 1448 AH

Models

4 Aug 202621 Safar 1448 AH

Open-weight AI models are catching up to the frontier. The safety gap remains.

A new report from SaferAI reveals that Z.ai's open-weight model GLM-5.2 is making significant strides towards advanced AI capabilities. However, the model lacks essential safety mitigations, raising fresh concerns that powerful open models could outpace governance and safeguards. This development underscores the urgent need to strengthen regulatory frameworks to ensure the safe use of AI, particularly as reliance on open models grows across various sectors.

Business

Anthropic signs $10B deal with AI cloud startup Volta

4 Aug 202621 Safar 1448 AH

Business

4 Aug 202621 Safar 1448 AH

Anthropic signs $10B deal with AI cloud startup Volta

Anthropic has announced a new cloud partnership with AI startup Volta, valued at $10 billion. This deal marks a significant step in Anthropic's ongoing efforts to expand its cloud partnerships. The partnership aims to enhance Anthropic's capabilities in delivering AI services through the cloud, with Volta being recognized for its innovative cloud solutions. This collaboration highlights the increasing trend of cloud partnerships within the AI industry. This strategic move is expected to strengthen Anthropic's market position and provide access to new technologies. It reflects the growing emphasis on cloud collaborations in the AI sector.

Models

Meet Wrinkles, an app that uncovers the hidden stories of the places around you

4 Aug 202621 Safar 1448 AH

Models

4 Aug 202621 Safar 1448 AH

Meet Wrinkles, an app that uncovers the hidden stories of the places around you

The Wrinkles app, available on both iOS and Android, serves as an AI-powered audio guide. It aims to provide audio tours that reveal hidden history and local stories. Wrinkles features advanced technology that allows it to deliver rich and detailed information about various locations, making it an ideal tool for explorers and tourists. The app utilizes data analysis to offer personalized content tailored to users' interests.

Agents

Nvidia doesn’t mess around: A week after open AI industry group formed, it’s already showing progress

4 Aug 202621 Safar 1448 AH

Agents

4 Aug 202621 Safar 1448 AH

Nvidia doesn’t mess around: A week after open AI industry group formed, it’s already showing progress

The Open Secure AI Alliance, led by Nvidia, has launched new proposals to counter threats posed by AI systems. With over 120 companies involved, the alliance reflects the industry's commitment to developing effective strategies for protecting systems from harmful uses. These proposals come at a critical time as concerns about the impact of AI on cybersecurity continue to grow. This initiative is crucial for securing the future of AI, requiring extensive collaboration among companies to develop innovative solutions. The alliance aims to establish new standards that enhance security in this rapidly evolving field.