Hochul budget chief warns federal actions, AI slowdown could hurt New York's finances
Budget Director Blake Washington issued his annual "call letter" to top administration officials as planning for next year commences.
Read the original →Every story in this issue with a short summary, so you can decide what to read before leaving the site. Summaries are written by AI (Claude) only from each publisher's own description and checked by Jev for anything not in that description. They are not full translations. Follow "Read the original" for the full story.
Budget Director Blake Washington issued his annual "call letter" to top administration officials as planning for next year commences.
Read the original →European AI funding in H1 2026 was dominated by the UK, France and Germany, with large investments driving the overall total. Smaller rounds supported emerging startups and the growing adoption of AI across industries.
Read the original →Gaurav Banerjee said at the CII Big Picture Summit that India needs to create an AI-enabled creative stack. He suggested that collaboration among educators and technology companies is essential for developing future entertainment talent. He also highlighted the importance of evolving measurement and monetization systems as audiences shift between platforms.
Read the original →Singapore Prime Minister Lawrence Wong warned that AI-driven automation could erode the entry-level jobs through which young workers traditionally gain practical experience. He urged employers to balance productivity gains with stronger training, mentoring and reskilling.
Read the original →Intel plans to significantly expand cooperation with South Korean companies and the government.
Read the original →The KOSPI fell 7.5% as AI concerns shook the semiconductor industry. Market capitalization shrank by 1,200 trillion won, and experts warned of a broader economic impact.
Read the original →Toss Securities has published a report analyzing the ecosystem of the AI semiconductor industry. The report is based on a tour of local companies in Taiwan.
Read the original →Economic uncertainty is driving 82% of UAE leaders to rethink technology investments. Meanwhile, 86% favor a single strategic partner.
Read the original →Egypt's ICT ministry has partnered with Google to provide eligible university students aged eighteen and older with one year of free access to the Google AI Plus plan. The initiative aims to help students use Google Gemini tools to foster creativity and support their academic goals. It is part of the "One Million Egyptian Students Create with Gemini" programme, which encourages responsible and informed use of AI in higher education.
Read the original →Ten Kenyan AI startups will pitch for $5,000 in funding and a slot at Meta's Istanbul AI summit. The pitching takes place at the AI Academy Kenya Pitchathon in Nairobi.
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