Digital business models Archives | Page 355 of 581

EU urged to pause AI act rollout

The digital sector is urging the EU leaders to delay the AI act, citing missing guidance and legal uncertainty. Industry group CCIA Europe warns that pressing ahead could damage AI innovation and stall the bloc’s economic ambitions.

The AI Act’s rules for general-purpose AI models are set to apply in August, but key frameworks are incomplete. Concerns have grown as the European Commission risks missing deadlines while the region seeks a €3.4 trillion AI-driven economic boost by 2030.

CCIA Europe calls for the EU heads of state to instruct a pause on implementation to ensure companies have time to comply. Such a delay would allow final standards to be established, offering developers clarity and supporting AI competitiveness.

Failure to adjust the timeline could leave Europe struggling to lead in AI, according to CCIA Europe’s leadership. A rushed approach, they argue, risks harming the very innovation the AI Act aims to promote.

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Infosys chairman warns of global risks from tariffs and AI

Infosys chairman Nandan Nilekani has warned of mounting global uncertainty driven by tariff wars, AI and the ongoing energy transition.

At the company’s 44th annual general meeting, he urged businesses to de-risk sourcing and diversify supply chains as geopolitical trade tensions reshape global commerce.

He described a ‘perfect storm’ of converging challenges pushing the world away from a single global market and towards fragmented trade blocs. As firms navigate the shift, they must choose between regions and adopt more strategic, resilient supply networks.

Addressing AI, Nilekani acknowledged the disruption it may bring to the workforce but framed it as an opportunity for digital transformation. He said Infosys is investing in both ‘AI foundries’ for innovation and ‘AI factories’ for scale, with over 275,000 employees already trained in AI technologies.

Energy transition was also flagged as a significant uncertainty, as the future depends on breakthroughs in renewable sources like solar, wind and hydrogen. Nilekani stressed that all businesses now face rapid technological and operational change before they can progress confidently into an unpredictable future.

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Google releases free Gemini CLI tool for developers

Google has introduced Gemini CLI, a free, open-source AI tool that connects developers directly to its Gemini AI models. The new agentic utility allows developers to request debugging, generate code, and run commands using natural language within their terminal environment.

Built as a lightweight interface, Gemini CLI provides a streamlined way to interact with Gemini. While its coding features stand out, Google says the tool handles content creation, deep research, and complex task management across various workflows.

Gemini CLI uses Gemini 2.5 Pro for coding and reasoning tasks by default. Still, it can also connect to other AI models, such as Imagen and Veo, for image and video generation. It supports the Model Context Protocol (MCP) and integrates with Gemini Code Assist.

Moreover, the tool is available on Windows, MacOS, and Linux, offering developers a free usage tier. Access through Vertex AI or AI Studio is available on a pay-as-you-go basis for advanced setups involving multiple agents or custom models.

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Meta wins copyright case over AI training

Meta has won a copyright lawsuit brought by a group of authors who accused the company of using their books without permission to train its Llama generative AI.

A US federal judge in San Francisco ruled the AI training was ‘transformative’ enough to qualify as fair use under copyright law.

Judge Vince Chhabria noted, however, that future claims could be more successful. He warned that using copyrighted books to build tools capable of flooding the market with competing works may not always be protected by fair use, especially when such tools generate vast profits.

The case involved pirated copies of books, including Sarah Silverman’s memoir ‘The Bedwetter’ and Junot Diaz’s award-winning novel ‘The Brief Wondrous Life of Oscar Wao’. Meta defended its approach, stating that open-source AI drives innovation and relies on fair use as a key legal principle.

Chhabria clarified that the ruling does not confirm the legality of Meta’s actions, only that the plaintiffs made weak arguments. He suggested that more substantial evidence and legal framing might lead to a different outcome in future cases.

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WhatsApp launches AI feature to sum up all the unread messages

WhatsApp has introduced a new feature using Meta AI to help users manage unread messages more easily. Named ‘Message Summaries’, the tool provides quick overviews of missed messages in individual and group chats, assisting users to catch up without scrolling through long threads.

The summaries are generated using Meta’s Private Processing technology, which operates inside a Trusted Execution Environment. The secure cloud-based system ensures that neither Meta nor WhatsApp — nor anyone else in the conversation — can access your messages or the AI-generated summaries.

According to WhatsApp, Message Summaries are entirely private. No one else in the chat can see the summary created for you. If someone attempts to interfere with the secure system, operations will stop immediately, or the change will be exposed using a built-in transparency check.

Meta has designed the system around three principles: secure data handling during processing and transmission, strict enforcement of protections against tampering, and provable transparency to track any breach attempt.

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Nvidia becomes world’s most valuable company after stock surge

Nvidia shares hit an all-time high on 25 June, rising 4.3 percent to US$154.31. The stock has surged 63 percent since April, adding another US$1.5 trillion to its market value.

With a total market capitalisation of about US$3.77 trillion, Nvidia has overtaken Microsoft to become the world’s most valuable listed company.

Strong earnings and growing AI infrastructure spending by major clients — including Microsoft, Meta, Alphabet and Amazon — have reinforced investor confidence.

Nvidia’s CEO, Jensen Huang, told shareholders that demand remains strong and that the computer industry is still in the early stages of a major AI upgrade cycle.

Despite gaining 15 percent in 2025, following a 170 percent rise in 2024 and a 240 percent surge in 2023, Nvidia still appears reasonably valued. It trades at 31.5 times forward earnings, below its 10-year average and close to the Nasdaq 100 multiple, even though its projected growth rate is higher.

Analyst sentiment remains firmly bullish. Nearly 90 percent of analysts tracked by Bloomberg recommend buying the stock, which trades below their average price target.

Yet, Nvidia is less widely held among institutional investors than peers like Microsoft and Apple, indicating further room for buying as AI momentum continues into 2026.

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AI drives fall in graduate jobs

According to new figures from Indeed, AI adoption across industries has contributed to a steep drop in graduate job listings. The jobs platform reported a one-third fall in advertised roles for recent graduates, the lowest level seen in almost a decade.

Major professional services firms have significantly scaled back their graduate intakes in response to shifting labour demands. KPMG, Deloitte, EY and PwC all reported reductions, with KPMG cutting its graduate cohort by a third.

The UK government has pledged to improve the nation’s AI skills through partnerships to upskill 7.5 million workers. Prime Minister Keir Starmer announced the plan during London Tech Week as part of efforts to prepare for an AI-driven economy.

Concerns over AI replacing human roles were highlighted in a controversial ad campaign by Californian firm Artisan, which sparked complaints to the UK’s Advertising Standards Authority. The campaign’s slogan urged companies to stop hiring humans.

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Verizon and Nokia secure UK contract

Verizon and Nokia have partnered to deliver private 5G networks at Thames Freeport in the UK. The networks will support industrial operations with high-speed, reliable connectivity, enabling AI, automation, and real-time data processing.

The UK contract is part of a broader multibillion-dollar transformation of the region. Nokia will provide all hardware and software, powering major sites, including DP World London Gateway and Ford’s Dagenham plant.

Preparations for 6G are already underway, with Nokia expecting commercial rollout by late 2029. The technology promises enhanced AI capabilities, improved device battery life, and efficient spectrum sharing with 5G.

Thanks to advanced spectrum management features, the transition between 5G and 6G is expected to be smooth. Both networks will operate simultaneously without interference, supporting the next industrial and consumer technology generation.

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Top 7 AI agents transforming business in 2025

AI agents are no longer a futuristic concept — they’re now embedded in the everyday operations of major companies across sectors.

From customer service to data analysis, AI-powered agents transform workflows by handling tasks like scheduling, reporting, and decision-making with minimal human input.

Unlike simple chatbots, today’s AI agents understand context, follow multi-step instructions, and integrate seamlessly with business tools. Google’s Gemini Agents, IBM’s Watsonx Orchestrate, Microsoft Copilot, and OpenAI’s Operator are some tools that reshape how businesses function.

These systems interpret goals and act on behalf of employees, boosting productivity without needing constant prompts.

Other leading platforms include Amelia, known for its enterprise-grade capabilities in finance and telecom; Claude by Anthropic, focused on safe and transparent reasoning; and North by Cohere, which delivers sector-specific AI for clients like Oracle and SAP.

Many of these tools offer no-code or low-code setups, enabling faster adoption across HR, finance, customer support, and more.

While most agents aren’t entirely autonomous, they’re designed to perform meaningful work and evolve with feedback.

The rise of agentic AI marks a significant shift in workplace automation as businesses move beyond experimentation toward real-world implementation, one workflow at a time.

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AGI moves closer to reshaping society

There was a time when machines that think like humans existed only in science fiction. But AGI now stands on the edge of becoming a reality — and it could reshape our world as profoundly as electricity or the internet once did.

Unlike today’s narrow AI systems, AGI can learn, reason and adapt across domains, handling everything from creative writing to scientific research without being limited to a single task.

Recent breakthroughs in neural architecture, multimodal models, and self-improving algorithms bring AGI closer—systems like GPT-4o and DeepMind’s Gemini now process language, images, audio and video together.

Open-source tools such as AutoGPT show early signs of autonomous reasoning. Memory-enabled AIs and brain-computer interfaces are blurring the line between human and machine thought while companies race to develop systems that can not only learn but learn how to learn.

Though true AGI hasn’t yet arrived, early applications show its potential. AI already assists in generating code, designing products, supporting mental health, and uncovering scientific insights.

AGI could transform industries such as healthcare, finance, education, and defence as development accelerates — not just by automating tasks but also by amplifying human capabilities.

Still, the rise of AGI raises difficult questions.

How can societies ensure safety, fairness, and control over systems that are more intelligent than their creators? Issues like bias, job disruption and data privacy demand urgent attention.

Most importantly, global cooperation and ethical design are essential to ensure AGI benefits humanity rather than becoming a threat.

The challenge is no longer whether AGI is coming but whether we are ready to shape it wisely.

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