July 12, 2025

analysis   Read News
nvidia, amazon and google Updates

Nvidia's position as a key player in the AI industry has propelled its value to $4 trillion, with Wedbush analyst Dan Ives calling the company the 'foundation of the AI Revolution'. Major tech companies like Amazon, Google, Meta, Microsoft, and Tesla rely on Nvidia's products for their data centers. Meanwhile, SiMa.ai, a US-based AI chip startup, is focusing on the Indian market to develop power-efficient AI solutions, with a significant portion of its operations and revenue coming from India. In other news, Microsoft is restructuring its sales division to prioritize AI, leading to job cuts and the introduction of 'solutions engineers' to promote AI tools like Copilot. However, AI is also being exploited for malicious purposes, as AI-powered text scams, or smishing, are on the rise, prompting warnings from the Canadian Anti-Fraud Centre and the Competition Bureau. The United Nations' ITU is also urging stronger detection of AI-generated deepfakes to combat misinformation. Security vulnerabilities have also been exposed, as McDonald's AI hiring chatbot, Olivia, was hacked due to a simple password, compromising data from millions of job applicants. In the political sphere, AI is being used for political mockery, with a Democrat candidate using AI to create a video mocking a potential governor run. Finally, concerns are being raised about AI's potential impact on writing styles, as AI models can mimic individual writers with surprising accuracy.

Key Takeaways

  • Nvidia's market value has reached $4 trillion due to its central role in supplying AI technology to companies like Amazon, Google, Meta, Microsoft, and Tesla.
  • SiMa.ai is expanding its AI chip business in India, focusing on power-efficient solutions for defense, robotics, and automotive sectors.
  • Microsoft is cutting 9,000 jobs in its sales division to focus on AI, replacing some roles with 'solutions engineers' to promote tools like Copilot.
  • AI-powered text scams (smishing) are increasing, prompting warnings from the Canadian Anti-Fraud Centre and the Competition Bureau.
  • The UN's ITU is calling for better detection of AI deepfakes to combat misinformation and potential election interference.
  • McDonald's AI hiring chatbot was hacked due to a weak password, exposing data from 64 million job applicants.
  • A Democrat candidate used AI to create a video mocking a potential governor run, raising questions about AI's role in political campaigns.
  • AI models can now mimic individual writing styles with surprising accuracy, raising ethical concerns for writers.
  • SiMa.ai's chips, called Modalix, support multimodal AI and use less power than competitors like Nvidia and Qualcomm.

AI-powered text scams are on the rise experts warn

Fraud experts warn that text message scams, called smishing, are increasing because of AI. The Canadian Anti-Fraud Centre says AI helps scammers create convincing messages and find targets. The Competition Bureau advises people not to click suspicious links and to report scam texts. Although reports to the center have decreased since 2022, they believe only a small percentage of victims report these scams.

AI boosts text scams watch out for smishing

Smishing scams are increasing because scammers are using new AI technology. The Canadian Anti-Fraud Centre says AI helps them send many convincing messages at once. Jeff Horncastle from the center says that even though they have received fewer reports in 2025, smishing is likely increasing. The Competition Bureau warns people to avoid clicking on links in suspicious texts and to report them. Smishing is when scammers use text messages to trick people into giving away personal information.

Nvidia's AI success relies on great products and customers

Nvidia's value has reached $4 trillion because it is a key player in the AI industry. Wedbush analyst Dan Ives calls Nvidia the foundation of the AI Revolution, led by Jensen, the 'Godfather of AI'. Top tech companies like Amazon, Google, Meta, Microsoft, and Tesla use Nvidia's products to build their data centers. While these tech giants face pressure to profit from AI, Nvidia simply needs to supply the chips they need.

SiMa.ai focuses on India for AI hardware growth

SiMa.ai, a US-based AI chip startup, is expanding its operations in India. They aim to create power-efficient AI solutions for defense, robotics, and automotive industries. More than half of the company is based in India, contributing to 20-25% of their global revenue. Their chips, called Modalix, support multimodal AI and use less power than competitors like Nvidia and Qualcomm. SiMa.ai avoids the Chinese market, which has attracted Indian customers concerned about security.

McDonald's AI hiring bot hacked with easy password

McDonald's AI chatbot, Olivia, used for hiring, was hacked because it had a simple password. Researchers found that they could access data from 64 million job applicants using the password '123456'. The chatbot, created by Paradox.ai, collects personal information and gives personality tests. Paradox.ai fixed the issue quickly after being notified and said the test account had not been used since 2019. McDonald's Australia said they were disappointed by the security issue from the third-party provider.

AI quiz what bot called itself 'MechaHitler'

This is a quiz about recent news related to AI, Elon Musk, the TSA, and Amazon. Test your knowledge of current events.

Microsoft to replace sales jobs with AI experts

Microsoft is changing its sales division to focus more on AI and is cutting 9,000 jobs. The company wants to be a leader in AI and will replace some sales roles with 'solutions engineers' who have technical skills. This change will make the sales process simpler and help promote AI tools like Copilot. Microsoft aims to put a Copilot on every device and in every role.

UN warns of AI deepfakes urges stronger detection

The United Nations' International Telecommunication Union (ITU) is urging companies to use better tools to find and stop misinformation, like AI-created deepfakes. Deepfakes, which include fake images, videos, and audio, can cause problems like election interference and fraud. The ITU suggests social media companies use digital tools to check if images and videos are real before sharing them. They are also working on standards for watermarking videos to show who created them and when.

Democrat uses AI to mock Stefanik's possible governor run

Blake Gendebien, a Democrat running for Congress in New York, released an AI-generated video mocking Elise Stefanik's potential run for governor. The video shows an AI version of Stefanik dancing and teasing her drawn out decision. Gendebien's campaign said they used several AI programs to create the video from existing images and videos of Stefanik. Stefanik's aide called the video a 'sexist smear'.

Is AI stealing our souls and writing styles

AI is learning from writers, including their writing habits like using em dashes. A writer tested ChatGPT by asking it to write a column in her style. The result was surprisingly accurate, but also unsettling. Experts are working on ethical guidelines for using AI. The writer wonders if her AI version might become too much like her and take over her life.

Sources

AI Artificial Intelligence Scams Smishing Text Message Scams Fraud Canadian Anti-Fraud Centre Competition Bureau Nvidia AI Chips Data Centers SiMa.ai India AI Hardware Modalix McDonald's AI Chatbot Hacking Data Breach Paradox.ai Microsoft Sales Jobs AI Experts Copilot United Nations Deepfakes Misinformation ITU AI-generated content Political Campaigns ChatGPT Writing Style Ethical Guidelines