IndustryIndia shifts from downloads to spending as app revenue surgesIndia’s mobile app consumer spending reached a record $345 million in Q2, up 35% year-over-year, driven by generative AI, streaming and productivity apps rather than gaming.3 min read
IndustryJuly volatility driven by AI sell-off and market rotation, VIG Alapkezelő saysVIG Alapkezelő attributes July’s market volatility to a pause in AI-driven investment momentum, monetary policy uncertainty and broad sector rotation.3 min read
IndustryAI and Behavioral Science Combine to Personalize Debt Collections, PAIR Finance SaysSebastian Clajus, Behavioral Director at PAIR Finance, told Portfolio that combining AI with behavioral science can make debt collection more effective and less stressful for customers.3 min read
IndustryShoppers Let AI Handle Groceries Before Financial or Luxury Purchases, New Studies ShowThree recent studies examined which purchases consumers are willing to let AI agents handle and found groceries and household essentials top the list, while financial products and luxury goods rank lowest.2 min read
IndustryDeepMind reassigns and disperses AlphaFold team as focus shifts to GeminiLess than a year after AlphaFold brought Google DeepMind a Nobel Prize, the company has dispersed the original research team: most authors of the landmark paper were reassigned over the past year and nearly a quarter have left.2 min read
IndustryPublishers' Google Search Traffic Drops as AI Answers Replace Site VisitsPublishers have seen a sharp decline in Google Search referrals as Google increasingly provides AI-generated answers on its platform.3 min read
IndustryAI-driven surge lifts South Korea's Kospi in record one-day gainSouth Korea's Kospi index jumped 18% in a single trading day after strong earnings from Microsoft and Amazon revived investor optimism about AI-related demand for semiconductors and data-center capacity.2 min read
IndustrySpaceX to Replace Unpermitted xAI Turbines with 1.2 GW Natural Gas Plant by July 2027SpaceX said it will remove 69 unpermitted gas turbines now powering xAI’s Colossus data centers near Memphis as it constructs a permanent 1.2 gigawatt natural gas power plant.3 min read
IndustryUnivé embeds ChatGPT Enterprise into workflows with leadership-led rollout and built-in governanceUnivé, one of the Netherlands’ largest cooperative insurers, has implemented ChatGPT Enterprise as part of a company-wide transformation to make AI a core part of daily work.3 min read
IndustryRevolut adds ChatGPT Go to subscriptions — three months free for Standard, up to 12 months in higher tiersRevolut announced it will include OpenAI's ChatGPT Go in its subscription packages: Standard customers get three months free, while Plus, Premium, Metal and Ultra subscribers can receive up to 12 months.2 min read
IndustryWhatsApp tests separate “Offers & Updates” folder for large-business messagesMeta is testing a feature that automatically moves messages from large businesses into a new “Offers & Updates” folder to reduce inbox clutter.3 min read
IndustryFarmers' readiness, not only technology, will determine AI's success in Hungarian agricultureAdvances in AI-based agricultural tools—such as an SZTE crop-monitoring system—promise earlier detection of plant stress, but adoption in Hungary is held back by farmers' digital skills and habits.4 min read