August 1, 2025

analysis  
google, meta and microsoft Updates

Several major developments are unfolding in the AI space. Google is set to sign the European Union's AI Code of Practice, aiming to provide secure AI tools to European citizens and businesses, projecting a potential boost of up to 1.8 trillion euros to Europe's economy by 2034. Despite initial concerns that the AI Act and Code could hinder AI development in Europe, Google is proceeding, while Meta has declined to sign, citing concerns over strict regulations potentially limiting innovation. Elon Musk's xAI will also sign the EU AI safety rules, while expressing reservations about potential impacts on innovation and copyright. Microsoft is expected to sign the code, and OpenAI has signaled it will sign the code. In other news, AI is increasingly impacting various sectors. AI-driven tools are becoming more prevalent in day trading, with platforms like Trade Ideas and TrendSpider offering automated strategies. AI crypto APIs are also enhancing automated trading strategies, providing real-time data access. Trend Micro and Google Cloud are collaborating to bolster AI security, launching tools like ScamCheck, which uses Google's Gemini models to combat online scams. Google is also testing an AI age-detection tool in the U.S. to filter content based on estimated age. However, the rise of AI also brings challenges. Amazon is shutting down its AI lab in Shanghai amid workforce reductions, a move CEO Andy Jassy attributed in part to AI advancements. Job losses due to AI are a growing concern, potentially affecting governments politically as white-collar jobs are impacted. Some experts suggest that focusing on smaller, more specific AI models, as Bonsai Robotics and Microsoft are doing, may be more effective for companies than investing in large, general-purpose AI systems. State Senator Sue Rezin highlighted both the benefits and concerns of AI, emphasizing the need for legislation to protect against misuse while also recognizing AI's potential in areas like medical advancements. The Shusha Global Media Forum addressed AI's impact on journalism, focusing on misinformation and the importance of media literacy. AI is also assisting small businesses in navigating complex global trade issues.

Key Takeaways

  • Google will sign the EU's AI Code of Practice, aiming to provide secure AI tools and potentially boost Europe's economy by up to 1.8 trillion euros by 2034.
  • Meta has declined to sign the EU's AI Code of Practice, citing concerns that the regulations are too strict and could limit AI innovation.
  • Elon Musk's xAI will sign the EU AI safety rules, while expressing reservations about potential impacts on innovation and copyright.
  • AI is increasingly used in day trading, with platforms like Trade Ideas and TrendSpider offering automated strategies for stocks, ETFs, forex, crypto, and futures.
  • AI crypto APIs are enhancing automated trading strategies by providing real-time data access and reducing emotional bias.
  • Trend Micro and Google Cloud are collaborating to improve AI security, launching ScamCheck using Google's Gemini models to combat online scams.
  • Google is testing an AI age-detection tool in the U.S. to filter content based on estimated age.
  • Amazon is shutting down its AI lab in Shanghai amid workforce reductions, which CEO Andy Jassy attributed in part to AI advancements.
  • Job losses due to AI are a growing concern, potentially affecting governments politically as white-collar jobs are impacted.
  • Companies like Bonsai Robotics and Microsoft are focusing on smaller, more specific AI models, which may be more effective than large, general-purpose AI systems.

Musk's xAI to sign EU AI safety rules

Elon Musk's company, xAI, will sign the European Union's AI code of practice for safety and security. This code helps companies follow the EU's new artificial intelligence rules. xAI supports AI safety but thinks some parts of the rules could hurt innovation and go too far with copyright laws. Google plans to sign the code too, but Meta will not because of legal uncertainties.

Google to join EU AI code for secure AI tools

Google will sign the European Union’s General Purpose AI Code of Practice, joining other U.S. companies. Google hopes this code will help European citizens and businesses get secure AI tools. They believe AI could boost Europe's economy by 8% by 2034. However, Google is concerned that the AI Act and Code might slow down AI development in Europe.

Google stock drops after signing EU AI code

Google's stock dropped after it agreed to sign the European Union's AI code. The code aims to help companies follow the AI Act. Google is worried the Act could slow down AI development in Europe. They think it could hurt Europe's ability to compete in the AI field. Other companies like Microsoft are expected to sign the code, but Meta has declined.

Google signs EU AI rules Meta declines to join

Google will sign the European Union's AI guidelines, even though they once had concerns. Google hopes this will help European citizens access new AI tools. Meta has refused to sign, worrying it could limit AI innovation in Europe. Google believes AI could boost Europe’s economy by 1.4 trillion euros by 2034 but is concerned the guidelines could slow down AI advances.

Google signs EU AI code despite some concerns

Google will sign the European Union's code of practice for artificial intelligence. The code helps companies follow the EU's AI rules. Google hopes this will help European citizens and businesses get secure AI tools. However, Google is worried the AI Act and code could slow down AI development in Europe. Meta has declined to sign the code.

Google to sign EU AI code Meta disagrees

Google will sign the European Union's AI code of practice, which helps AI developers follow the EU's AI Act. Meta said it would not sign, calling the EU's rules too strict. The rules will affect companies like Anthropic, Google, Meta, and OpenAI starting August 2. Google believes the code is better than the EU first proposed, but still has concerns about how it could slow down AI development in Europe.

Google to sign EU AI code Meta refuses

Google will sign the European Union's AI Code of Practice, even though it was initially against it. Google believes the code can help Europe access secure AI tools. They estimate this could boost Europe's economy by 1.8 trillion euros by 2034. Meta has refused to sign the agreement. Microsoft may sign, and OpenAI has signaled it will sign the code.

AI day trading in 2025 algorithms platforms and risks

In 2025, AI is making day trading more accessible and powerful. Traders use machine learning, reinforcement learning, and NLP to find opportunities and manage risks. Top AI trading platforms include Trade Ideas, TrendSpider, and QuantConnect. These platforms help traders automate strategies for stocks, ETFs, forex, crypto, and futures. Regulators warn about risks and the need for transparency in AI trading.

AI crypto APIs boost automated trading strategies

Cryptocurrency trading is changing with AI-enhanced APIs. These APIs let traders access real-time data and automate trading strategies. They help make faster decisions and reduce emotional bias. The Token Metrics API is a tool that combines data with AI insights. Using crypto APIs can improve trading speed and efficiency, but security and technical skills are important.

AI helps small businesses navigate global trade issues

The cross-border trade world is unpredictable. New tariffs, political issues, and changing trade rules can cause problems for exporters. Small businesses can use AI to help them deal with these challenges.

Senator Rezin talks AI benefits and concerns

State Senator Sue Rezin discussed the future of artificial intelligence. She said the country that leads in AI will win, and Illinois is looking at AI legislation. The goal is to protect people from deep fakes and pornography. Rezin believes AI will help with medical advancements like cancer treatments. She also noted concerns about AI taking over jobs, but new jobs will also be created.

Google tests AI age tool in the US

Google is testing a machine learning tool in the U.S. to guess users' ages and filter content. The tool uses data from Google accounts to determine age. If a user is thought to be under 18, Google will change some product settings for them. Users can appeal the decision by proving their age with an ID or selfie. Other platforms like Instagram and TikTok also use AI to estimate age.

AI and media cooperation discussed at Shusha Global Media Forum

The 3rd Shusha Global Media Forum brought together people from 52 countries to talk about AI's impact on journalism. They discussed issues like misinformation and the need for media literacy. Speakers called for global cooperation to deal with the fast-changing information world. The forum also showed Azerbaijan's role in shaping global news and its commitment to AI and media integrity.

Amazon shuts down Shanghai AI lab amid job cuts

Amazon is closing its artificial intelligence lab in Shanghai. This comes after the company cut jobs in its Amazon Web Services unit. CEO Andy Jassy warned about workforce reductions because of AI. The shutdown also happens during rising tensions between the U.S. and China. Amazon is investing more in AI to improve its e-commerce, cloud computing, and advertising businesses.

Trend Micro and Google Cloud boost AI security

Trend Micro and Google Cloud are working together to improve AI security. They want to provide more secure cloud environments for businesses. This partnership will help companies control sensitive data and meet security rules. They are also launching ScamCheck, an app that uses Google's Gemini models to help users avoid online scams. Trend Micro's Cloud App Security has reached over 4 million downloads.

AI job losses could hurt governments politically

AI is starting to affect white-collar jobs, and more job losses are expected. TCS, a large IT firm, will cut thousands of jobs due to technology changes. There is concern that India's software industry could be affected by AI. This could become a political issue if people lose career opportunities. Governments may need to help people get training for new jobs in the AI era.

Small AI may be better than big AI for companies

Companies are spending billions on AI, but not seeing much return. Instead of building huge AI models, businesses should focus on smaller, specific models. These models can solve specific problems with less data and power. Small AI can be cheaper, faster, and easier to build. Companies like Bonsai Robotics and Microsoft are already using focused AI models.

Sources

xAI Elon Musk European Union AI code of practice AI safety AI security AI rules Innovation Copyright laws Google Meta AI Act AI development Europe Microsoft OpenAI AI tools AI economy AI guidelines Anthropic AI trading Machine learning Reinforcement learning NLP Trading platforms Trade Ideas TrendSpider QuantConnect Stocks ETFs Forex Crypto Futures AI crypto APIs Automated trading Token Metrics API Cross-border trade Tariffs Political issues Trade rules Senator Rezin AI legislation Deep fakes Pornography Medical advancements Cancer treatments AI job displacement Google AI age tool Content filtering Shusha Global Media Forum Journalism Misinformation Media literacy Global cooperation Amazon Shanghai AI lab Job cuts Amazon Web Services Andy Jassy Cloud computing Advertising Trend Micro Google Cloud Cloud environments ScamCheck Gemini models Online scams AI job losses TCS India Software industry AI training Small AI Big AI Bonsai Robotics Focused AI models