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Societe Generale projects AI will cut costs by 500-600 million euros, leveraging its partnership with Anthropic for Claude deployment. The bank aims to save 350 million euros by 2029 through automated reporting, code optimization, and enhanced consulting. This aligns with broader industry trends where AI efficiency gains may reduce European banking jobs by up to 20 percent. CEO Slawomir Krupa announced new cost-cutting measures, including potential layoffs, to boost profitability without specifying exact headcount reductions.
Societe Generale projects AI will cut costs by 500-600 million euros, leveraging its partnership with Anthropic for Claude deployment. The bank aims to save 350 million euros by 2029 through automated reporting, code optimization, and enhanced consulting. This aligns with broader industry trends where AI efficiency gains may reduce European banking jobs by up to 20 percent. CEO Slawomir Krupa announced new cost-cutting measures, including potential layoffs, to boost profitability without specifying exact headcount reductions.
iFLYTEK’s president Wu Xiaoru announced during the company’s 2026 semi-annual earnings briefing that the firm will unveil a new main general large model powered by fully domestic computing technology at this year’s Global 1024 Developer Festival. A phased version will be released by the end of August for early testing by the market and developers. The model demonstrates strong competitiveness, leading in code capability and token cost-effectiveness within China and holding a top position among general large models using domestic computing power. This release marks progress toward self-reliance in large language model development and offers the industry a high-performance yet cost-effective option.
iFLYTEK’s president Wu Xiaoru announced during the company’s 2026 semi-annual earnings briefing that the firm will unveil a new main general large model powered by fully domestic computing technology at this year’s Global 1024 Developer Festival. A phased version will be released by the end of August for early testing by the market and developers. The model demonstrates strong competitiveness, leading in code capability and token cost-effectiveness within China and holding a top position among general large models using domestic computing power. This release marks progress toward self-reliance in large language model development and offers the industry a high-performance yet cost-effective option.
OpenAI launched the ChatGPT for Academic Researchers program, initially offering advanced ChatGPT with higher limits and larger context to 10,000 researchers at selected universities, expanding to 100,000. Each participant can invite four colleagues for free. Extended research features for insights from scientific journals are planned.
OpenAI launched the ChatGPT for Academic Researchers program, initially offering advanced ChatGPT with higher limits and larger context to 10,000 researchers at selected universities, expanding to 100,000. Each participant can invite four colleagues for free. Extended research features for insights from scientific journals are planned.
OpenAI has launched the ChatGPT for Academic Researchers program, initially offering 10,000 selected university researchers an advanced version with higher usage limits and larger context windows. Each participant can invite four colleagues for free. The program aims to expand to 100,000 researchers and introduces extended research features for insights from scientific journals.
OpenAI has launched the ChatGPT for Academic Researchers program, initially offering 10,000 selected university researchers an advanced version with higher usage limits and larger context windows. Each participant can invite four colleagues for free. The program aims to expand to 100,000 researchers and introduces extended research features for insights from scientific journals.
Google s new smart glasses with Warby Parker and Gentle Monster launch this fall powered by Gemini AI They feature no lens display using cameras mics and speakers for audio interaction with phone integration including voice navigation service access and proxy actions like ordering food Market leader Meta Ray Ban sold 7 million units in 2025 but Google s AI ecosystem and fashion partners aim to compete
Google s new smart glasses with Warby Parker and Gentle Monster launch this fall powered by Gemini AI They feature no lens display using cameras mics and speakers for audio interaction with phone integration including voice navigation service access and proxy actions like ordering food Market leader Meta Ray Ban sold 7 million units in 2025 but Google s AI ecosystem and fashion partners aim to compete
OpenAI confirmed no user data was compromised in the recent Mini Shai-Hulud npm supply chain attack. The company states its core services remain unaffected but urges macOS users to update its official app by June 12 2026 as a security precaution. The incident highlights the growing threat of software supply chain attacks.
OpenAI confirmed no user data was compromised in the recent Mini Shai-Hulud npm supply chain attack. The company states its core services remain unaffected but urges macOS users to update its official app by June 12 2026 as a security precaution. The incident highlights the growing threat of software supply chain attacks.
Xiaomi has integrated its self-developed MiMo-V2 large model series into the top open-source Agent framework Hermes Agent. The integration includes three models for professional, multimodal, and high-speed tasks, offering developers a two-week free usage period to explore the enhanced agent capabilities.
Xiaomi has integrated its self-developed MiMo-V2 large model series into the top open-source Agent framework Hermes Agent. The integration includes three models for professional, multimodal, and high-speed tasks, offering developers a two-week free usage period to explore the enhanced agent capabilities.
Moonshot AI founder Yang Zhilin stated at the 2026 Zhongguancun Forum that large model training is entering a third stage led by AI itself, shifting from human-driven methods to highly automated self-evolution. In this new paradigm, AI will autonomously synthesize tasks, define rewards, and explore architectures, accelerating R&D efficiency. Moonshot's Kimi will focus on advancing intelligent tech and collaborating with the open-source community, marking a key step toward AGI.
Moonshot AI founder Yang Zhilin stated at the 2026 Zhongguancun Forum that large model training is entering a third stage led by AI itself, shifting from human-driven methods to highly automated self-evolution. In this new paradigm, AI will autonomously synthesize tasks, define rewards, and explore architectures, accelerating R&D efficiency. Moonshot's Kimi will focus on advancing intelligent tech and collaborating with the open-source community, marking a key step toward AGI.
Anthropic launched a Claude Code web app for its Pro and Max subscribers moving its viral AI coding assistant beyond the command line The tool now accounts for over 500 million in annualized revenue and has grown its user base tenfold since May
Anthropic launched a Claude Code web app for its Pro and Max subscribers moving its viral AI coding assistant beyond the command line The tool now accounts for over 500 million in annualized revenue and has grown its user base tenfold since May
Common Sense Media rates Google’s Gemini AI as high risk for kids and teens, citing inadequate safety measures and potential for inappropriate content. Despite safeguards, the platform lacks child-specific design, raising concerns as Apple considers Gemini for AI-powered Siri next year. Google claims improvements but acknowledges gaps in responses. Other AI tools like Meta AI and Character.AI were deemed unacceptable, while Claude scored lowest in risk.
Common Sense Media rates Google’s Gemini AI as high risk for kids and teens, citing inadequate safety measures and potential for inappropriate content. Despite safeguards, the platform lacks child-specific design, raising concerns as Apple considers Gemini for AI-powered Siri next year. Google claims improvements but acknowledges gaps in responses. Other AI tools like Meta AI and Character.AI were deemed unacceptable, while Claude scored lowest in risk.
