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Several major music industry organizations on Friday unveiled a labeling system for content created with generative artificial intelligence that they would like to see widely adopted. The first would indicate music that is primarily "AI-generated" cases where artificial intelligence "was used to generate the entirety or the primary portion of the creative elements of the recording." View the full article

Federal Reserve Chairman Kevin Warsh addressed AI's influence on investment prices. He stated that AI-driven investment will not be inflationary in the long run. Warsh believes AI will boost job creation in both short and long terms. However, he acknowledged potential labor market disruptions in the medium term. The Federal Reserve will monitor and manage any inflationary effects. View the full article

The plan comes just weeks after the Hangzhou-based company, which drew global attention with its low-cost AI models in 2025, raised about $7.4 billion in June a post-money valuation of about 450 billion yuan, the ‌people said. View the full article

Indian employers offer higher salaries for GenAI micro-credentials. Graduates with these skills move faster through hiring pipelines. One hundred percent of employers offer higher starting salaries. Entry-level hires with micro-credentials perform better in their first year. This aligns with India's focus on skill-based education. View the full article

Karnataka will soon unveil a comprehensive data centre policy to support AI infrastructure needs. This policy aims to create essential digital infrastructure for AI-led innovation and advanced computing. The state is also establishing India's first public sector-led AI University and an AI Hub. Bengaluru's infrastructure development will see significant investments to manage urban growth effectively. Karnataka remains committed to fostering GCC growth and creating a robust innovation ecosystem. View the full article

Wipro's Rishad Premji noted clients are embedding AI into core business processes. This technological shift occurs as the IT sector focuses on cost optimization. AI is creating new opportunities for innovation and accelerating demand for data services. Wipro is deploying AI internally, reducing financial closing cycles significantly. The company is also scaling new AI-focused roles for its workforce. View the full article

Apple's new AI service, Apple Intelligence, has officially been registered with China's cyberspace regulator. This move is crucial for the tech giant to launch its advanced AI features within the Chinese market, navigating the country's strict internet regulations and ensuring compliance before wider rollout. View the full article

Meta faces a lawsuit from twenty-six employees alleging AI selection for layoffs. These workers claim the company's systems unfairly targeted those on medical and family leave. The complaint states that AI did not account for protected leave periods. This process allegedly resulted in a disproportionate impact on women and disabled individuals. The lawsuit seeks to preserve employment status pending arbitration proceedings. View the full article

Governments globally are restricting new data centre construction due to rising concerns. New York State enacted a one-year construction moratorium on large power-consuming facilities. Monterey Park, California, permanently banned data centres after resident backlash. Amsterdam barred new data centres or expansions until at least 2030. Australia plans legislation for AI standards, including data centre rules. View the full article

One American-British study of 1,222 people, still under peer review, found that using AI tools to solve arithmetic or reading comprehension exercises improved participants' performance in the short term, but in the long run diminished their results and their willingness to keep trying when the tools were unavailable. View the full article

China implemented new rules on Wednesday to limit emotional reliance on AI companions. Major AI providers suspended custom agent and companion features before the deadline. These regulations target AI tools with human-like personalities and communication styles. That sparked an outpouring of grief on social media, with users archiving chat histories and sharing last conversations. View the full article

In May, ⁠Reuters reported ⁠the Commerce Department had cleared around 10 Chinese firms to buy the H200, but no deliveries had been made at the time. Sources said at the time that Alibaba, Tencent and ​ByteDance were among those approved. View the full article

The move pushes the state into a raging debate over how to regulate the AI industry, as concerns over rising electric bills and environmental risks collide with a desire to stimulate local economies and foster the U.S. tech sector. View the full article

According to Demis Hassabis, Co-Founder & CEO, Google DeepMind, the US is well positioned to take the first step in developing such a framework given its economic and technical standing. View the full article

Companies including Anthropic ‌and OpenAI ⁠have ⁠released powerful AI systems capable of identifying software and infrastructure vulnerabilities at ​scale. U.S. officials worry that bad actors could use them to exploit ​weaknesses in the software systems underpinning critical services - including those of financial institutions, hospitals and energy networks - relied upon by Americans. View the full article

Apple's complaint, filed on Friday, accuses OpenAI of orchestrating ‌a broad ⁠effort ⁠to systematically acquire and exploit Apple's confidential information through its former employees, ​recruiting practices and supplier relationships to accelerate its push into the consumer ​hardware business. View the full article

The discussion comes after the electronics and information technology ministry secretary S Krishnan recently said that the “time is getting right for a dedicated AI law”. As reported by ET earlier, government officials said the proposed framework is likely to follow a graded, risk-based approach, with stricter obligations for AI used in sectors such as healthcare, banking and critical infrastructure. View the full article

Harriet ​Rees, chief information officer at Starling Bank, who was appointed "AI champion" by the finance ministry in January, said Britain needed to build AI infrastructure and models, and develop skills so "we are not fully reliant on U.S. tech providers." View the full article

US regulators have approved some Chinese companies to buy advanced AI chips. ZTE Kangxun Telecom and Maginfra can purchase Nvidia's H200 chips. Zhuhai Hengqin Yunxiang Zhisheng Network Technology received clearance for AMD chips. These approvals expand the list of Chinese firms receiving US chip purchase permissions. Progress is indicated in Chinese import reviews for these powerful processors. View the full article

The "Office of AI" will be established within the Department of the ‌Prime Minister ⁠and ⁠Cabinet and ensure a whole-of-government approach across different ministries. View the full article

Potential emissions from the turbines are far beyond the threshold that would require a federal permit, and would be released near predominantly Black ​communities already estimated to be suffering disproportionately high rates of lung disease, according to a Reuters analysis based on government data and ​information in the correspondence with regulators. View the full article

Over the past ‌few months, ⁠Nvidia has ⁠stepped up due diligence in Singapore, Malaysia and Japan, the report ​said, citing three people familiar with the matter. View the full article

The moratorium positions New York at the forefront of a growing national debate over how to manage the infrastructure needed to support artificial intelligence. While technology companies are racing to build new data centers, lawmakers and regulators in ‌dozens of states ⁠are weighing ⁠measures to limit their effect on electricity grids, utility bills and local communities. View the full article

ChangXin Memory Technologies plans a significant Shanghai Stock Exchange listing on July twenty-seventh. This initial public offering aims to raise nearly four point four billion dollars. The company is Asia's largest IPO this year and China's biggest semiconductor offering since two thousand twenty. CXMT, a leading DRAM chipmaker, seeks funds for technology and production upgrades. Analysts believe the market can absorb the liquidity impact due to strong AI demand. View the full article

China's exports saw a significant surge in June, driven by global AI demand and auto sales. Imports also jumped considerably, reaching a five-year high according to customs data. This strong export performance is helping China maintain its trade surplus despite domestic demand challenges. Auto exports alone surpassed one million units for the first time in June. The country's economy relies heavily on overseas markets as domestic consumption struggles. View the full article