7 Day Summary

This week, the tech world is buzzing with AI advancements and strategic realignments. Companies like Meta are shifting focus from the metaverse to AI, while OpenAI faces increased competition and declares a 'code red' to enhance ChatGPT. UK pension funds are also reducing US equity holdings amid AI bubble concerns, and regulators are scrutinising AI's impact across various sectors.

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Pensions Flee US Equities

Pensions Flee US Equities

UK pension funds are reducing US equity exposure amid AI bubble fears.

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OpenAI Halts Ad-Like Suggestions

OpenAI Halts Ad-Like Suggestions

OpenAI stops 'app suggestions' in ChatGPT after users mistook them for advertisements.

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China Phones Gain on AI

China Phones Gain on AI

Chinese phonemakers exploit Apple's AI gap to boost market share with switch apps.

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AI Mental Health Concerns Rise

AI Mental Health Concerns Rise

AI chatbots raise mental health concerns due to potential harm and lack of regulation.

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Yoodli's Valuation Hits $300M

Yoodli's Valuation Hits $300M

Yoodli's valuation triples to $300M, driven by AI-powered communication training and enterprise adoption.

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Aaru Achieves Unicorn Status

Aaru Achieves Unicorn Status

AI synthetic research startup Aaru raised Series A funding, achieving a $1B valuation.

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Meta Acquires Limitless AI

Meta Acquires Limitless AI

Meta acquires Limitless AI to enhance its AI wearable tech, ceasing new sales.

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Anthropic Eyes Potential IPO

Anthropic Eyes Potential IPO

Anthropic is preparing for a potential IPO in 2026, valuing the company at over $300 billion.

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Meta AI News Partnerships Expand

Meta AI News Partnerships Expand

Meta partners with news publishers for real-time AI news.

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AI Investments Beyond Big Tech

AI Investments Beyond Big Tech

Investment trusts diversify AI investments beyond the 'Magnificent Seven' for broader opportunities.

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