Deloitte entered a new enterprise AI partnership with Anthropic shortly after refunding the Australian government for a report that included inaccurate AI-generated information.
The A$439,000 (US$290,618) contract was intended for an independent review but contained fabricated citations to non-existent academic sources. Deloitte has since repaid the final instalment, and the government of Australia has released a corrected version of the report.
Despite the controversy, Deloitte is expanding its use of AI by integrating Anthropic’s Claude chatbot across its global workforce of nearly half a million employees.
A collaboration will focus on developing AI-driven tools for compliance, automation and data analysis, especially in highly regulated industries such as finance and healthcare.
The companies also plan to design AI agent personas tailored to Deloitte’s various departments to enhance productivity and decision-making. Financial terms of the agreement were not disclosed.
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OpenAI CEO Sam Altman has announced that ChatGPT now reaches 800 million weekly active users, reflecting rapid growth across consumers, developers, enterprises and governments.
The figure marks another milestone for the company, which reported 700 million weekly users in August and 500 million at the end of March.
Altman shared the news during OpenAI’s Dev Day keynote, noting that four million developers are now building with OpenAI tools. He said ChatGPT processes more than six billion tokens per minute through its API, signalling how deeply integrated it has become across digital ecosystems.
The event also introduced new tools for building apps directly within ChatGPT and creating more advanced agentic systems. Altman states these will support a new generation of interactive and personalised applications.
OpenAI, still legally a nonprofit, was recently valued at $500 billion following a private stock sale worth $6.6 billion.
Its growing portfolio now includes the Sora video-generation tool, a new social platform, and a commerce partnership with Stripe, consolidating its status as the world’s most valuable private company.
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OpenAI has acquired the personal investing startup Roi, which promises AI-driven insights, education, and guidance for individual investors. The Verge reports that the acquisition marks OpenAI’s official entry into the personal finance space.
Following the deal, Roi will shut down its service on October 15 and delete all user data. Its offerings included traditional investing options alongside crypto and NFTs. The company cited this transition in its announcement.
OpenAI did not publicly disclose the purchase price. With this move, OpenAI takes a step beyond content, tools and agents, toward embedding financial services into its AI ecosystem. It questions how AI platforms may offer personalised wealth management or advisory services someday.
The acquisition also draws regulatory, ethical and trust considerations. Mixing AI with finance means issues like explainability, bias, fiduciary responsibility, data privacy and risk management become immediately relevant. Whether users will embrace AI financial advice depends as much on trust and governance as algorithmic accuracy.
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The Competition Commission of India (CCI) has urged companies to self-audit their AI systems to prevent anti-competitive practices and ensure responsible autonomy.
A call came as part of the CCI’s market study on AI, emphasising the risks of opacity and algorithmic collusion while highlighting AI’s potential to enhance innovation and productivity.
The study warned that dominant firms could exploit their control over data, infrastructure, and proprietary models to reinforce market power, creating barriers to entry. It also noted that opaque AI systems in user sectors may lead to tacit algorithmic coordination in pricing and strategy, undermining fair competition.
The regulatory approach of India, the CCI said, aims to balance technological progress with accountability through a co-regulatory framework that promotes both competition and innovation.
Additionally, the Commission plans to strengthen its technical capacity, establish a digital markets think tank and host a conference on AI and regulatory challenges.
A report recommended a six-step self-audit framework for enterprises, requiring evaluation of AI systems against competition risks, senior management oversight and clear accountability in high-risk deployments.
It also highlighted AI’s pro-competitive effects, particularly for MSMEs, which benefit from improved efficiency and greater access to digital markets.
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AMD and OpenAI have announced a strategic partnership to deploy up to six gigawatts of AMD GPUs, marking one of the largest AI compute collaborations.
The multi-year agreement will begin with the rollout of one gigawatt of AMD Instinct MI450 GPUs in the second half of 2026, with further deployments planned across future AMD generations.
A deal that deepens a long-standing relationship between the two companies began with AMD’s MI300X and MI350X series.
OpenAI will adopt AMD as a core strategic compute partner, integrating its technology into large-scale AI systems and jointly optimising product roadmaps to support next-generation AI workloads.
To strengthen alignment, AMD has issued OpenAI a warrant for up to 160 million shares, with tranches vesting as the partnership achieves deployment and share-price milestones. AMD expects the collaboration to deliver tens of billions in revenue and boost its non-GAAP earnings per share.
AMD CEO Dr Lisa Su called the deal ‘a true win-win’ for both companies, while OpenAI’s Sam Altman said the partnership will ‘accelerate progress and bring advanced AI benefits to everyone faster’.
The collaboration positions AMD as a leading hardware supplier in the race to build global-scale AI infrastructure.
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Samsung Electronics has expanded its partnership with Coinbase to integrate cryptocurrency trading directly into Samsung Wallet for US Galaxy users. The update allows users to buy crypto within the app using Samsung Pay, further merging digital payments with investment management.
The collaboration also introduces a complimentary three-month Coinbase One subscription for Samsung Wallet users. The premium tier removes trading fees on select assets, increases staking rewards, and provides exclusive partner deals.
Samsung executives said the goal is to make everyday financial tools more seamless for millions of Galaxy users. The Wallet already stores IDs, memberships, and car keys, and now supports peer-to-peer transfers and instalment payments through partnered financial institutions.
Coinbase said the initiative leverages its trusted trading infrastructure and Samsung’s global reach to make crypto access more convenient. More than 75 million US Galaxy users are expected to benefit, with expansion to other markets planned in the near future.
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The video game company, Nintendo, has denied reports that it lobbied the Japanese government over the use of generative AI. The company issued an official statement on its Japanese X account, clarifying that it has had no contact with authorities.
However, this rumour originated from a post by Satoshi Asano, a member of Japan’s House of Representatives, who suggested that private companies had pressed the government on intellectual property protection concerning AI.
After Nintendo’s statement, Asano retracted his remarks and apologised for spreading misinformation.
Nintendo stressed that it would continue to protect its intellectual property against infringement, whether AI was involved or not. The company reaffirmed its cautious approach toward generative AI in game development, focusing on safeguarding creative rights rather than political lobbying.
The episode underscores the sensitivity around AI in the creative industries of Japan, where concerns about copyright and technological disruption are fuelling debate. Nintendo’s swift clarification signals how seriously it takes misinformation and protects its brand.
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Alibaba’s $250 billion rebound has turned it into China’s hottest AI stock, with analysts saying the rally may still have room to run.
The group’s US-listed shares have more than doubled this year as Beijing pushes for greater technological self-reliance. Despite the surge, the stock remains 65% below its 2020 peak, keeping valuations attractive compared with US giants like Microsoft and Amazon.
Fund managers say global investors still hold relatively minor positions in Alibaba, creating scope for further gains. Some caution remains, however, with Chinese short bets rising last month and price wars in food delivery threatening to dent margins.
Alibaba trades roughly 22 times the estimated forward earnings in Hong Kong, which is in line with the Hang Seng Tech Index but below its historic peak and US peers. Investors say its valuation looks reasonable given its AI push and improving sentiment.
Shares touched their highest level since August 2021 on Friday, standing out against declines in the broader Hong Kong market. The key test will be whether Alibaba can convert its AI ambitions into mainstream revenues.
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The Mexican government is preparing a law to regulate the use of AI in dubbing, animation, and voiceovers to prevent unauthorised voice cloning and safeguard creative rights.
Working with the National Copyright Institute and more than 128 associations, it aims to reform copyright legislation before the end of the year.
The plan would strengthen protections for actors, voiceover artists, and creative workers, while addressing contract conditions and establishing a ‘Made in Mexico’ seal for cultural industries.
A bill that is expected to prohibit synthetic dubbing without consent, impose penalties for misuse, and recognise voice and image as biometric data.
Industry voices warn that AI has already disrupted work opportunities. Several dubbing firms in Los Angeles have closed, with their projects taken over by companies specialising in AI-driven dubbing.
Startups such as Deepdub and TrueSync have advanced the technology, dubbing films and television content across languages at scale.
Unions and creative groups argue that regulation is vital to protect both jobs and culture. While AI offers efficiency in translation and production, it cannot yet replicate the emotional depth of human performance.
The law is seen as the first attempt of Mexico to balance technological innovation with the rights of workers and creators.
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Taiwan has dismissed reports of a US plan to divide global semiconductor production evenly between the two sides. Vice Premier Cheng Li-chiun, returning from tariff talks in Washington, said her negotiating team had never discussed or agreed to a 50-50 split on chipmaking.
‘Rest assured, we did not discuss this issue during this round of talks, nor would we agree to such conditions,’ Cheng told reporters.
The clarification followed comments by US Commerce Secretary Howard Lutnick, who suggested Washington was seeking such an arrangement. Neither the US Department of Commerce nor the Office of the Trade Representative commented on the reports.
Taiwan, home to leading chipmaker TSMC, currently faces a 20% tariff on exports to the United States but hopes negotiations will lead to more favourable trade terms.
TSMC is already expanding production abroad with a $165 billion investment in factories in Arizona, though the majority of its output will remain in Taiwan. The government has emphasised that the ongoing trade talks with Washington have achieved ‘certain progress’ but remain focused on tariffs, not production quotas.
Separately, President Lai Ching-te met with US officials to discuss agricultural trade. Taiwan pledged to purchase $10 billion worth of American agricultural products, including soybeans, wheat, corn, and beef, over the next four years, signalling broader economic cooperation despite tensions over chips.
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