Time names "the Architects of AI" as its 2025 Person of the Year and takes a look at AI's effect on the economy, geopolitics, and how we interact with the world (Time)

Runway has introduced the GWM-1 family of 'world models,' positioning itself as a serious competitor in the AI technology landscape alongside established players like Google and Nvidia. This move highlights Runway's ambitions to expand its influence beyond traditional Hollywood applications into broader technological realms.

Oracle's shares have experienced their largest decline since January, following a report of a significant increase in spending on AI data centers and related equipment, amounting to $15 billion. This news has raised concerns among investors regarding the company's financial strategy and its ability to generate returns from these investments.

Synopsys, a chip-design software maker, has provided a positive first quarter forecast following a significant equity investment from Nvidia. CEO Sassine Ghazi discussed these developments during an appearance on Bloomberg Tech, highlighting the optimistic outlook for the company.

Time magazine has named the 'Architects of AI' as its Person of the Year, featuring a cover that echoes the iconic 'Lunch Atop a Skyscraper' photograph, showcasing eight key figures in the AI field. This announcement coincides with Time's annual selection, highlighting the growing influence of AI in contemporary society.

Oracle's shares fell 15% following the release of disappointing quarterly financial results, leading to a loss of approximately $80 billion in market value, dropping from $630 billion to $550 billion. This decline has raised concerns about a potential bubble in artificial intelligence-related stocks, particularly affecting companies like Nvidia, which is viewed as a key indicator of the AI sector's health.

The 'Architects of AI' have been named Time's Person of the Year, a decision that has sparked significant backlash among those who placed bets on the outcome, leading to a chaotic reaction in gambling markets. Many bettors are expressing their frustration over losing their wagers as a result of this announcement.

TIME Magazine has named the 'Architects of AI' as its Person of the Year, recognizing influential figures in the field such as Jensen Huang, Elon Musk, Sam Altman, Mark Zuckerberg, Lisa Su, Dario Amodei, Demis Hassabis, and Fei-Fei Li. This accolade highlights their significant contributions to the advancement of artificial intelligence technology.

Nvidia is reportedly testing new tracking software that could allow for the monitoring of the approximate location of its AI chips amid ongoing rumors of chip smuggling. This development comes as the company faces scrutiny over its supply chain and the potential illegal export of its products, particularly to China.