Microsoft report: Global AI boom grows, but rich-poor digital divide is widening

Microsoft report: Global AI boom grows, but rich-poor digital divide is widening

SAN FRANCISCO, May 8 — Generative artificial intelligence is being used by 17.8 per cent of the world’s working-age population, but the gap between wealthy and developing nations continues to widen, according to a report published Tuesday by Microsoft. In the first quarter of 2026, 27.5 per cent of people aged 15-64 in developed countries…

AI, Scale, and the Future of the Independent Wealth Model in Singapore

AI, Scale, and the Future of the Independent Wealth Model in Singapore

At the Hubbis Independent Wealth Management Forum – Singapore 2026, industry leaders examined how AI is reshaping the independent wealth management model, from RM productivity and client engagement to enterprise adoption, operational efficiency, cybersecurity, and revenue growth. The discussion focused not only on the potential of AI as a cost-saving tool, but also on its…

EU agrees to amend AI Act, clarifies overlap with machinery rules

EU agrees to amend AI Act, clarifies overlap with machinery rules

One week after negotiations between European Parliament and the Council of the European Union were delayed, co-legislators reached a provisional agreement to reform the Artificial Intelligence Act, part of the Digital Omnibus on AI simplification package. The agreement was reached in the early morning hours 7 May, after another marathon negotiation. A looming compliance deadline…

AI use surges globally but rich-poor divide widens, Microsoft says

AI use surges globally but rich-poor divide widens, Microsoft says

SAN FRANCISCO: Generative artificial intelligence is being used by 17.8 percent of the world’s working-age population, but the gap between wealthy and developing nations continues to widen, according to a report published Tuesday by Microsoft. In the first quarter of 2026, 27.5 percent of people aged 15-64 in developed countries used a generative AI tool,…

‘NTE Is Built on Human Creativity’: Dev to Rework Generative AI Assets in PS5 Open World

‘NTE Is Built on Human Creativity’: Dev to Rework Generative AI Assets in PS5 Open World

While open world gacha game NTE has enjoyed a big launch, trouble has been brewing beneath the surface regarding accusations of generative AI usage. Fans found some art assets in the outing which demonstrated obvious use of generative AI, generally on advertising hoardings around the city of Heathereau. These were identified due to some strange…

Deborah Levine: Conversational AI comes to Chattanooga, again

Deborah Levine: Conversational AI comes to Chattanooga, again

Project Voice 2026 has marked a decade of working with conversational AI, and it was a pleasure to attend its conference at the Chattanooga Convention Center. I’m in total agreement with the organizer, Bradley Metrock. “We’ve been very pleased to host Project Voice for the last ten years here in Chattanooga,” Metrock said. “Every time…

Recruiters are drowning and AI isn’t saving them yet

Recruiters are drowning and AI isn’t saving them yet

Kohn has heard some recruiters argue the inbound applications pipeline is now so compromised that proactive sourcing is the only reliable channel. Others are experimenting with AI interview agents to conduct brief initial conversations with all applicants before any human review. But she is candid about where the industry stands: “Right now, recruiters are drowning….

Golden Globes say filmmakers can have a little AI, as a treat

Golden Globes say filmmakers can have a little AI, as a treat

Leaning into their reputation as the “fun uncle” of major Hollywood awards shows, the Golden Globes have rolled out their new guidelines for the coming year’s submissions and nominations, and admitted that, sure, filmmakers can have a little generative AI, as a treat. The new rules, deployed earlier today, have a whole section on generative artificial intelligence,…