Bank of England’s Bailey warns AI benefits may take time to emerge

In this episode of Uncanny Valley, we unpack the mass layoffs at Meta, big announcements at Google I/O, and the latest backlash against AI.

Listen to the session or watch below AI companies want to build systems that understand the external world and overcome the limitations of LLMs. Recent developments have brought world models to the forefront of the AI discussion. Watch a conversation with editor in chief Mat Honan, senior AI editor Will Douglas Heaven, and AI reporter…

Meta's AI focus may spur innovation but risks centralizing power, challenging decentralized AI projects to compete for resources and relevance. The post Meta CEO Zuckerberg defends layoffs of 8,000 workers, doubles down on AI spending appeared first on Crypto Briefing.

Licensing agreement will allow listeners to use AI to create content on streaming platform for first time Spotify and Universal Music Group have agreed on a deal that will allow subscribers to generate song covers and remixes using artificial intelligence. The licensing agreement is the first time the Swedish streaming company will allow listeners to use AI to create content through its platform. Continue reading...

University graduates are booing and heckling corporate executives who praise AI during their commencement ceremonies, and the only people who seem to be genuinely surprised by this are the executives themselves. In a procession of viral videos, 2026 commencement speakers like former Google CEO Eric Schmidt face loud and sustained jeers from students after praising AI and describing the technology as both inevitable and mandatory. The videos have clearly struck a chord among young people entering a bleak job market in an increasingly unstable world. "They deserve everything they're getting," Penny Oliver, who recently graduated with a poli … Read the full story at The Verge.

OpenAI beat Anthropic by $1B in Q1 revenue, but stalled user growth, losses, and Anthropics SpaceX deal complicate the AI IPO race. The post OpenAI tops Anthropic revenue by $1 billion in first quarter even as user growth stalls appeared first on Crypto Briefing.

Spotify is partnering with Universal Music Group to let Premium subscribers create AI-generated song covers and remixes, with participating artists receiving a share of the revenue.

The delay in signing the AI executive order creates uncertainty for tech companies, potentially hindering strategic planning and compliance efforts. The post White House delays ceremony for Trump to sign AI executive order appeared first on Crypto Briefing.