E-commerce and trade

Sanders warns AI could erase 100 million US jobs

Senator Bernie Sanders has warned that AI and automation could eliminate nearly 100 million US jobs within the next decade unless stronger worker protections are introduced.

The report, titled The Big Tech Oligarchs’ War Against Workers, claims that companies such as Amazon, Walmart, JPMorgan Chase, and UnitedHealth already use AI to reduce their workforces while rewarding executives with multimillion-dollar pay packages.

According to the findings, nearly 90% of US fast-food workers, two-thirds of accountants, and almost half of truck drivers could see their jobs replaced by automation. Sanders argues that technological progress should enhance people’s lives rather than displace them,

His proposals include introducing a 32-hour workweek without loss of pay, a ‘robot tax’ for companies that replace human labour, and giving workers a share of profits and board representation.

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Anthropic launches Bengaluru office to drive responsible AI in India

AI firm Anthropic, the company behind the Claude AI chatbot, is opening its first office in India, choosing Bengaluru as its base.

A move that follows OpenAI’s recent expansion into New Delhi, underlining India’s growing importance as a hub for AI development and adoption.

CEO Dario Amodei said India’s combination of vast technical talent and the government’s commitment to equitable AI progress makes it an ideal location.

The Bengaluru office will focus on developing AI solutions tailored to India’s needs in education, healthcare, and agriculture sectors.

Amodei is visiting India to strengthen ties with enterprises, nonprofits, and startups and promote responsible AI use that is aligned with India’s digital growth strategy.

Anthropic plans further expansion in the Indo-Pacific region, following its Tokyo launch, later in the year.

Chief Commercial Officer Paul Smith noted the rising demand among Indian companies for trustworthy, scalable AI systems. Anthropic’s Claude models are already accessible in India through its API, Amazon Bedrock, and Google Cloud Vertex AI.

The company serves more than 300,000 businesses worldwide, with nearly 80 percent of usage outside the US.

India has become the second-largest market for Claude, with developers using it for tasks such as mobile UI design and web app debugging.

Anthropic also enhances Claude’s multilingual capabilities in major Indic languages, including Hindi, Bengali, and Tamil, to support education and public sector projects.

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Scammers use AI to fake British boutiques

Fraudsters are using AI-generated images and back stories to pose as British family businesses, luring shoppers into buying cheap goods from Asia. Websites claiming to be long-standing local boutiques have been linked to warehouses in China and Hong Kong.

Among them is C’est La Vie, which presented itself as a Birmingham jeweller run by a couple called Eileen and Patrick. The supposed owners appeared in highly convincing AI-generated photos, while customers later discovered their purchases were shipped from China.

Victims described feeling cheated after receiving poor-quality jewellery and clothes that bore no resemblance to the advertised items. More than 500 complaints on Trustpilot accuse such companies of exploiting fabricated stories to appear authentic.

Consumer experts at Which? warn that AI tools now enable scammers to create fake brands at an unprecedented scale. The ASA has called on social media platforms to act, as many victims were targeted through Facebook ads.

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AI tools reshape how Gen Z approaches buying cars

Gen Z drivers are increasingly turning to AI tools to help them decide which car to buy. A new Motor Ombudsman survey of 1,100 UK drivers finds that over one in four Gen Z drivers would rely on AI guidance when purchasing a vehicle, compared with 12% of Gen X drivers and just 6% of Baby Boomers.

Younger drivers view AI as a neutral and judgment-free resource. Nearly two-thirds say it helps them make better decisions, while over half appreciate the ability to ask unlimited questions. Many see AI as a fast and convenient way to access information during car-buying.

Three-quarters of Gen Z respondents believe AI could help them estimate price ranges, while 60% think it would improve their haggling skills. Around four in ten say it would help them assess affordability and running costs, a sentiment less common among Millennials and Gen Xers.

Confidence levels also vary across generations. About 86% of Gen Z and 87% of Millennials say they would feel more assured if they used AI before making a purchase, compared with 39% of Gen Xers and 40% of Boomers, many of whom remain indifferent to its influence.

Almost half of drivers say they would take AI-generated information at face value. Gen Z is the most trusting, while older generations remain cautious. The Motor Ombudsman urges buyers to treat AI as a complement to trusted research and retailer checks.

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ChatGPT introduces new generation of interactive apps

A new generation of interactive apps is arriving in ChatGPT, allowing users to engage with tools like Canva, Spotify, and Booking.com directly through conversation. The apps appear naturally during chats, enabling users to create, learn, and explore within the same interface.

Developers can now build their own ChatGPT apps using the newly launched Apps SDK, released in preview as an open standard based on the Model Context Protocol. The SDK includes documentation, examples, and testing tools, with app submissions and monetisation to follow later this year.

Over 800 million ChatGPT users can now access these apps on Free, Go, Plus and Pro plans, excluding EU regions for the moment. Early partners include Booking.com, Coursera, Canva, Figma, Expedia, Spotify, and Zillow, with more to follow later in the year.

Apps respond to natural language and integrate interactive features such as maps, playlists, and slides directly in chat. ChatGPT can even suggest relevant apps during conversations- for instance, showing Zillow listings when discussing home purchases or prompting Spotify for a party playlist.

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Anthropic’s Claude to power Deloitte’s new enterprise AI expansion

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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ChatGPT reaches 800 million weekly users as OpenAI’s value hits $500 billion

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 expands into personal investing via acquisition of Roi

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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India’s competition watchdog urges AI self-audits to prevent market distortions

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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OpenAI and AMD strike 6GW GPU deal to power next-generation AI infrastructure

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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