AMD Forges OpenAI Deals While Anthropic Alum Empowers Workers

The artificial intelligence sector continues to see significant investment and strategic developments across various industries and regions. Malaysia's largest bank, Maybank, for instance, plans to invest $2.5 billion in AI and other digital advancements by 2030 to boost its digital efforts and support growth in Malaysia, Singapore, and Indonesia. This substantial commitment highlights the banking sector's move towards leveraging AI for productivity and expansion.

Meanwhile, major tech players are solidifying their positions in the AI hardware and software space. AMD is experiencing strong growth in the AI market, driven by its hardware, software, and data center products. The company has forged new partnerships, including one with Tata Consultancy Services and deals with OpenAI, further integrating its Ryzen AI Embedded processors into business solutions. This strategic positioning has led to impressive investor confidence, with AMD's stock showing substantial returns over the past few years.

The broader AI landscape also sees new ventures and evolving applications. A new startup, Humans&, co-founded by Andi Peng, formerly of Anthropic, aims to empower workers by creating AI that collaborates with humans rather than replacing them. Their focus is on developing software that assists with tasks like internet searches and fosters collaboration. In the advertising world, AI is transforming campaign creation and measurement, with tools like Meta's Advantage+ and Google's Performance Max offering cost reductions, though brands must navigate transparency issues and decide on their level of control.

Globally, the economic potential of AI is immense but faces uneven challenges. Latin America has the potential to add $1.1-1.7 trillion annually to its economy through AI, but a World Economic Forum study indicates that only a few organizations are realizing major benefits. Inclusive AI, championed by the World Economic Forum, requires collaboration among governments, businesses, and charities to unlock trillions in economic potential, particularly in the Global South, with the UAE serving as a model for national AI strategy. Furthermore, the demand for power equipment for AI data centers is driving investments in China's electric companies, with State Grid Corp. of China planning to spend 4 trillion yuan over five years to expand capacity.

In the educational sector, Study Fetch offers an AI learning platform designed to convert study materials into interactive tools like notes, flashcards, and quizzes, featuring an AI tutor named "Spark.E." While promising efficiency, some users have reported billing and app issues. Overall, the AI market is in an "euphoric stage" of investment, with heavy spending on data centers and chips, but experts caution that disciplined investment will be crucial for long-term success, as monetization often lags behind rapid innovation.

Key Takeaways

  • Maybank, Malaysia's largest bank, plans to invest $2.5 billion (10 billion ringgit) in AI and digital advancements by 2030 to boost productivity and growth.
  • AMD is strengthening its position in the AI market with new hardware like Ryzen AI Embedded processors and partnerships, including deals with OpenAI and Tata Consultancy Services.
  • A new AI startup, Humans&, co-founded by former Anthropic technologist Andi Peng, focuses on creating AI that empowers human workers and assists with tasks like internet searches.
  • Latin America has the potential to add $1.1-1.7 trillion annually to its economy through AI, but currently, few organizations in the region are realizing significant benefits.
  • Inclusive AI development, requiring collaboration between governments, businesses, and charities, can unlock trillions in economic potential, particularly in the Global South.
  • AI is transforming the advertising industry, with tools like Meta's Advantage+ and Google's Performance Max offering cost reductions, but brands must address transparency and control.
  • Study Fetch is an AI learning platform that converts study materials into interactive notes, flashcards, and quizzes, featuring an AI tutor "Spark.E" that answers questions based on uploaded content.
  • The AI market is in an "euphoric stage" of investment, with heavy spending on data centers and chips, but disciplined investment is crucial for long-term success due to monetization lagging innovation.
  • Chinese electric company stocks are rising due to high global demand for power equipment for AI data centers, with State Grid Corp. of China planning 4 trillion yuan in investments over five years.

Latin America needs AI roadmap to boost economy

Latin America has a chance to boost its economy with AI, potentially adding $1.1-1.7 trillion each year. However, a study by the World Economic Forum and McKinsey & Company shows that only a small number of organizations are actually seeing major benefits from AI. Most small and medium businesses are not gaining much value. A new AI Competitiveness Roadmap suggests four key actions for the region to improve its AI use and catch up with global leaders.

Governments and businesses must unite for inclusive AI

Inclusive AI offers a chance to create positive change and growth across different sectors. The World Economic Forum emphasizes that governments, businesses, and charities must work together to achieve this. Strategic philanthropy can help new AI solutions move from ideas to real-world use. Focusing AI on inclusive development can unlock trillions in economic potential, especially in the Global South. The UAE serves as an example, having launched a national AI strategy and an AI-dedicated university to foster this growth.

Study Fetch AI tool helps students learn faster

Study Fetch is an AI learning platform designed to turn study materials like PDFs and videos into interactive tools. It aims to help students save time by creating notes, flashcards, and quizzes automatically. The platform uses "Active Recall" methods and features an AI tutor named "Spark.E" that answers questions based only on uploaded course content. While it promises to make studying more efficient, some users have reported issues with billing and app bugs.

New AI company Humans& aims to empower workers

A new AI startup called Humans& wants to help people in their jobs instead of replacing them. Founded by five technologists, including Andi Peng who left Anthropic, the company focuses on AI that works with humans. Their goal is to create software that helps people collaborate and assists with tasks like internet searches. This approach differs from some other AI companies that aim to build fully autonomous systems.

AMD gains strength with new AI hardware and partnerships

AMD is seeing strong growth in the AI market due to its hardware, software, and data center products. A new partnership with Tata Consultancy Services shows how AMD's AI technology is being used by businesses. The company also announced new Ryzen AI Embedded processors and deals with OpenAI. Investors show confidence, with AMD's stock returning 89.59% in one year and 137.39% over three years. This positions AMD as a major player in the fast-growing AI hardware industry.

Maybank invests 2.5 billion dollars in AI technology

Maybank, Malaysia's largest bank, plans to invest 10 billion ringgit, or 2.5 billion dollars, in technology by 2030. This investment will focus on AI and other digital advancements over the next five years. The bank aims to boost its digital efforts to support growth in Malaysia, Singapore, and Indonesia, and to improve productivity. Maybank also plans to increase its number of skilled digital employees.

Brands must control AI in new advertising landscape

AI is changing almost every part of the advertising industry in 2026, from creating campaigns to measuring their success. Marketers now face a new world where AI promises personalized ads and better tracking. However, they need to tell the difference between real AI benefits and mere hype. While AI tools like Meta's Advantage+ and Google's Performance Max can lower costs, they often lack transparency. Brands will need to decide how much control to keep, especially as agencies adapt and large platforms strengthen their positions with AI.

AI growth is real but faces uneven challenges

Corrado Tiralongo from Canada Life says AI is in an "euphoric stage" of investment, with companies spending heavily on data centers and chips. While demand and earnings are strong, the market shows "herd behavior" that will likely lead to a slow correction. History shows that infrastructure booms, like railroads, succeed, but early investors often struggle because monetization lags behind innovation. Hyperscalers currently show both strong growth in AI cloud demand and strain from rising costs and limited power. Disciplined investment, not just rapid growth, will be key for long-term success in AI.

China electric stocks rise on AI demand and investment

Chinese electric company stocks are rising in early 2026 due to high global demand for power equipment needed for AI data centers. A state-led investment push in the sector also contributes to this growth. China Southern Power Grid Co. plans to invest 100 billion yuan, and State Grid Corp. of China aims to spend 4 trillion yuan over the next five years. Analysts believe energy is a key challenge for AI development, and these investments will expand capacity to meet the increasing demand.

Sources

NOTE:

This news brief was generated using AI technology (including, but not limited to, Google Gemini API, Llama, Grok, and Mistral) from aggregated news articles, with minimal to no human editing/review. It is provided for informational purposes only and may contain inaccuracies or biases. This is not financial, investment, or professional advice. If you have any questions or concerns, please verify all information with the linked original articles in the Sources section below.

AI Economic Growth Latin America Inclusive AI AI Strategy Education Technology AI Learning Human-AI Collaboration AI Hardware Data Centers AI Investment Banking Digital Transformation Advertising Marketing Energy Infrastructure China Global South Governments Businesses Cloud Computing AMD OpenAI Maybank Study Fetch Humans& World Economic Forum McKinsey & Company Meta Advantage+ Google Performance Max Productivity Small and Medium Businesses

Comments

Loading...