Nearly half of global fund managers now view AI stocks as the biggest market threat according to Bank of America’s latest survey. The data shows growing skepticism about whether current AI valuations reflect real business value versus hype.
Most companies are stuck in AI experimentation while the real value lies in production inference. HPE’s survey reveals only 22% have operationalized AI, with data quality being the critical barrier to scaling trusted AI systems.
Three major Chinese tech companies defied market weakness with better-than-expected Q3 earnings. While PDD and Trip.com showed growth, Baidu continued its revenue decline amid AI competition.
Tax software giant Intuit is making a massive $100 million+ annual bet on OpenAI’s technology. The partnership will bring advanced AI agents to TurboTax, QuickBooks, and Credit Karma while integrating ChatGPT with financial services. Users will soon handle tax and financial tasks directly through Ch
Paychex processes data for 1 in 11 American workers, giving it unprecedented insight into the real economy. The company’s AI strategy focuses on moving from answering questions to taking actions through AI agents. Their data advantage creates a moat that’s nearly impossible to replicate.
The EU-Startups Summit 2026 is introducing a Future Unicorns program for early-stage startups. Selected teams get discounted exhibition space to showcase to 2,500+ attendees. Applications are now open through the official form.
Hytale is making a surprising comeback after its creator Simon Collins-Laflamme regained the rights from Riot Games. The game will return to its original ‘Legacy’ engine with early access launching relatively soon, though it will be buggy and incomplete. Over thirty developers have already been rehi
With consumers increasingly turning to ChatGPT instead of Google for product discovery, Peec AI has raised $21 million to help brands track and optimize their presence in AI search results. The startup has grown to $4 million ARR in just ten months and now serves 1,300 companies including Chanel and
Apple has successfully avoided a lawsuit alleging iPhone camera features infringed on patents owned by Dr. Timothy Pryor. The Supreme Court declined to hear an appeal, letting a previous ruling that invalidated the patents stand. This ends a legal battle that began back in February 2021.
OpenAI is finally permitting current and former employees to donate their equity to charity after years of restrictions. The move comes as employee frustration mounted over the company’s control over their shares. However, the tight deadline and timing raise concerns about OpenAI’s transparency.
