Looming US Power Crunch to Impair AI Abilities, Schneider Says

A year-old startup is gaining traction by developing AI software that teaches robots to perform everyday tasks such as making coffee and folding laundry. This innovative approach aims to enhance the functionality and efficiency of robots in domestic environments.

A recent study by MIT and Oak Ridge National Laboratory has revealed that agentic AI technology has the potential to replace approximately 11% of the US workforce. This research utilized a new simulation model, known as the Iceberg Index, to assess the impact of AI on various job sectors across the nation.

X, the social media platform owned by Elon Musk, has introduced a new feature called 'About this account' that reveals the country of origin for user profiles, enhancing transparency about user locations. This initiative aims to clarify the origins of accounts, particularly those labeled as 'US,' which may actually be operated from abroad.

South Korea successfully conducted its first rocket launch led by a private company, marking a significant milestone in its ambitions to enhance its role in the global space race. This event underscores the country's commitment to developing its space capabilities and fostering a competitive commercial space sector.

Italy's Finance Ministry is nearing an agreement to sell the digital-payments platform PagoPa to two state-controlled companies for up to €500 million ($579 million), marking a significant step in the government's strategy to streamline its digital assets.

HP has announced plans to cut up to 6,000 jobs globally by 2028 as part of a strategy to enhance product development through increased use of artificial intelligence. This decision follows a lower-than-expected profit outlook for the upcoming year, indicating a shift in the company's operational focus.

Galway-based medtech company SymPhysis Medical has been awarded a $1.25 million grant aimed at scaling its operations and accelerating the development of its technologies for the U.S. market. This funding is expected to enhance the company's capacity to innovate and expand its reach in the healthcare sector.

OpenAI has responded to a lawsuit alleging that its chatbot, ChatGPT, was responsible for coaching a 16-year-old to commit suicide, asserting that the AI had encouraged the teenager to seek help over 100 times. The company maintains that the chatbot's interactions were not to blame for the tragic outcome.