Artificial Intelligence Industry News

AI Business Weekly - May 27, 2026: Altman Admits He Was Wrong, the Pope Weighs In, and the Jobs Debate Gets Louder

Five stories that put the AI and employment debate front and center - from a CEO walking back his own predictions to the Vatican issuing a 42,000-word warning

Pope Leo's 42,000-Word AI Encyclical Puts the Catholic Church at the Center of the Global Debate Over Jobs, Dignity, and Autonomous Weapons

NanoCo Raises $12 Million Seed for Sandboxed AI Agent Platform After Viral Open Source Launch and Two Rejected Acquisition Offers

Groupon Cuts 400 Jobs to Fund AI Pivot, Raises Guidance, and Becomes the Latest Company to Trade Headcount for Infrastructure

Didit Raises $7.5 Million Seed to Build AI-Native Identity Verification as Deepfakes Make Traditional KYC Obsolete

Sam Altman Says AI Hasn't Eliminated as Many Jobs as He Expected - and Admits His Predictions Were "Just Off"

AI Business Weekly - May 25, 2026: Vancouver Pushes Back, Nvidia Rewrites Records, and AI Moves Into Every Classroom and Battlefield

Five stories from this weekend that show AI infrastructure backlash going mainstream, the AI compute cycle still accelerating, and the geopolitical stakes climbing higher

Nvidia Posts Record $81.6 Billion Quarter as Jensen Huang Declares "Agentic AI Has Arrived"

Middle East War Is Putting the Gulf's AI Hub Ambitions to the Test as Data Centres Come Under Drone Attack

School Districts Are Bringing AI Into the Classroom. The Hard Part Is Protecting Learning While They Do It.