AI-Powered Cybercrime Drives Record US$16.6 Billion in Losses, FBI Reports
The FBI’s 2024 Internet Crime Report highlights $16.6 billion in cybercrime losses—driven in part by the growing use of AI in phishing, extortion, and cryptocurrency scams. Elderly victims suffered the most, with $4.8 billion in reported losses. The FBI is leveraging AI tools to combat this evolving threat.
Adobe Max London 2025: New AI-Powered Features for Creative Cloud
Adobe Max London 2025 showcased groundbreaking AI updates across Creative Cloud apps, including enhanced tools for Photoshop, Firefly, and Premiere Pro. The event emphasized ethical AI use and creator empowerment while introducing collaborative features, performance boosts, and mobile accessibility.
U.S. Congress Passes Take It Down Act to Combat AI-Generated Deepfakes and Revenge Porn
On April 28, 2025, Congress passed the Take It Down Act with overwhelming bipartisan support. This new law addresses the spread of non-consensual intimate imagery, including AI-generated deepfakes, by mandating swift removal and criminalizing such acts. The legislation marks a federal push to regulate online content but raises free speech and enforcement concerns.
Meta’s AI Chatbots Face Scrutiny Over Inappropriate Interactions with Minors
A Wall Street Journal investigation has revealed troubling interactions between Meta’s AI chatbots and users identifying as minors, raising ethical concerns about AI safety and moderation on social media. Despite recent policy changes, researchers and lawmakers argue that Meta’s safeguards remain insufficient.
AI Adoption Could Boost Global GDP by 15% by 2035, PwC Research Finds
A new PwC report predicts AI could raise global economic output by 15% by 2035, rivaling the industrial revolution in its impact. But the scale of benefit hinges on responsible use, climate considerations, and public trust. The report also details PwC’s AI strategy and the evolving structure of global industries.
AI-Powered Robotics Take Center Stage at Automate 2025 in Detroit
Automate 2025 returns to Detroit from May 12–15, spotlighting artificial intelligence in robotics across automotive, electronics, and logistics industries. Exhibitors including Universal Robots and MiR will showcase innovations in defect detection, precision assembly, and autonomous material handling.
NVIDIA Unveils AI Breakthroughs at ICLR 2025: From Robots to Real-Time Music and Healthcare
NVIDIA Research presented over 70 papers at ICLR 2025, revealing significant AI advancements across diverse sectors including robotics, language models, audio generation, video understanding, and healthcare. Key highlights include Fugatto for multimodal audio, HAMSTER for efficient robot training, and STORM for dynamic 3D scene reconstruction.
Stark Unveils AI-Powered OWE-V Drone as Global Autonomy Arms Race Accelerates
Stark, a German defense tech startup, has introduced the AI-driven OWE-V drone, capable of autonomous target tracking and operations in GPS-denied zones. With its VTOL design and swarm functionality, the drone reflects battlefield lessons from Ukraine and growing global interest in autonomous warfare, raising new questions around ethics, oversight, and regulation.
Imogen Heap and Jen Launch StyleFilter: Ethical AI Music Tool Using Licensed Tracks
Imogen Heap teams up with AI platform Jen to release StyleFilter, a tool that lets users create music in her style using licensed songs. The collaboration focuses on ethical AI practices, including proper licensing and artist revenue sharing.
Therabot AI Chatbot Reduces Depression and Anxiety Symptoms in Clinical Trial
A new study from Dartmouth College reveals that Therabot, a generative AI chatbot, can effectively reduce symptoms of depression, anxiety, and eating disorders when used with clinical oversight. The eight-week clinical trial marks a step forward for AI's role in expanding access to mental health care.
AI-Driven Hydrogen Catalyst Boosts Efficiency, Cutting Costs for Clean Energy Future
Researchers have developed an AI-guided catalyst that enhances hydrogen production, increasing efficiency while lowering costs. Using cobalt phosphide modified with fluorine, this breakthrough could help make hydrogen a viable clean energy solution, supporting global climate goals. The technology has shown durability in tests and may revolutionize hydrogen use in transportation and manufacturing.
AI-Powered Reverse Location Search Sparks Privacy Concerns Amid Viral Social Media Trend
AI’s growing ability to identify locations from photos has sparked a viral trend — and significant privacy concerns. As models like ChatGPT, Gemini, and Claude make reverse location searches easier, experts warn of potential misuse. This report explores the risks, safety tips, and calls for stronger regulations.
Trump Administration Expands AI Use in Government and Schools with New Directives
The Trump administration has unveiled major AI initiatives, including appointing Chief AI Officers across federal agencies and launching AI literacy programs in K-12 schools. Aimed at boosting innovation and global competitiveness, the policies mark a significant shift from the previous administration’s risk-focused approach.
ByteDance Launches Seedream 3.0: A New AI Text-to-Image Model Rivalling GPT-4o and Imagen 3
ByteDance introduces Seedream 3.0, a bilingual AI-powered text-to-image model producing high-resolution, photorealistic images with enhanced speed and text accuracy. Competing with GPT-4o and Imagen 3, Seedream 3.0 shows strong capabilities in portrait realism, graphic design, and bilingual typography.
OpenAI Launches Flex Processing: Lower API Costs for o3 and o4-mini with Trade-Offs
OpenAI has announced Flex processing, a new beta API option offering reduced costs for its o3 and o4-mini models. Targeted at developers with non-urgent workloads, Flex processing provides budget-friendly access but with slower response times and mandatory ID verification. The move strengthens OpenAI’s competitive position in the evolving AI landscape.
Google Gemini 2.5 Flash Beats DeepSeek R1 While Slashing Costs by 72%
Google has introduced Gemini 2.5 Flash, a new AI model optimized for speed, cost-efficiency, and real-time applications. Positioned as a high-performance yet budget-friendly option, it offers flexible reasoning control and strong benchmark results, targeting developers and businesses looking for scalable AI solutions.
Mira Murati’s Thinking Machines Lab Seeks US$2B for Human-Centric AI Development
Thinking Machines Lab, founded by ex-OpenAI CTO Mira Murati, is targeting a $2 billion seed round to develop adaptable, human-aligned AI systems. Despite lacking a public product, its $10 billion valuation reflects strong investor interest and positions the company as a notable entrant in the evolving AI sector.
Wharton School Introduces AI-Focused MBA Major and Undergraduate Concentration for Fall 2025
The Wharton School at the University of Pennsylvania will debut a new MBA major and undergraduate concentration in Artificial Intelligence for Business in Fall 2025. This forward-looking program combines machine learning and data science training with courses on AI ethics and accountability to prepare students for leadership in a rapidly evolving digital economy.
Trump Tariffs Shake AI Industry: Nvidia Hit, Markets React, Supply Chains Shift
The Trump administration’s aggressive trade measures—including a 125% tariff on Chinese goods and tighter AI export restrictions—have created new hurdles for the global AI industry. Companies like Nvidia face financial setbacks and supply chain challenges, while broader markets reel from increased uncertainty.
AI May Be the Key to Preventing Drone-Airplane Collisions as Near Misses Surge in U.S. Skies
Near midair collisions between drones and commercial aircraft are rising across U.S. airports, prompting urgent calls for better enforcement and technological solutions. While geofencing and FAA rules help, experts believe AI may offer scalable, real-time responses to keep skies safer.