Nvidia CEO Jensen Huang took strong aim at the AI industry's doomsday narrative this week, calling predictions from prominent researcher Geoffrey Hinton irresponsible. Huang pointed to Hinton's 2016 advice to stop training radiologists, noting that radiology jobs have actually grown since then. He argued that alarmist warnings can push young people away from careers they might otherwise pursue and that fear-based messaging does not serve society well.
Huang also stated that AI labs unable to control their models should be shut down. He compared the risk to self-driving cars and said CEOs bear the responsibility not to release unsafe products. According to Huang, the risks to humanity and potential legal liability outweigh any company profits.
Meanwhile, AI leaders including Sam Altman and Dario Amodei met at the United Nations Security Council in New York on September 23, 2026. The group agreed on the need for international cooperation on powerful frontier AI models. However, the United States opposed any binding international regulation. Yoshua Bengio warned that AI risks are real and imminent and called for licensing advanced AI models similar to medicine and nuclear energy.
In corporate AI news, Meta unveiled two new game-building tools called Horizon Create and Horizon Studio, allowing users to build 2D or 3D games using text prompts. The tools run on the Meta Horizon Engine and work on phones and web browsers. Unity Software fell 5% after the announcement, while Roblox and AppLovin each dropped 1%. Meta plans to distribute games across Facebook, Instagram, and Horizon platforms, with monetization through in-game purchases and the Meta Horizon Creator Fund.
Fastly's stock dropped 9% after an earlier AI-driven surge faded. Citi analyst Fatima Boolani recommended Cloudflare instead, citing its proven profitability and broader toolset. Fastly charges per gigabyte rather than per request, which limits its upside from AI traffic growth. Still, Fastly could benefit if AI traffic scales massively or if its new AI security products gain traction.
Accenture and Oracle are partnering on database-level security for AI agents through Deep Data Security. Accenture operates a Model Context Protocol server giving AI agents access to over 925,000 documents across 27 Oracle product namespaces, with different authorization levels per agent. The system has been tested to handle 300 simultaneous queries returning results in under 15 seconds.
Oracle Health launched new AI solutions targeting revenue cycle management and oncology. Steve Wandler, vice president of healthcare and life sciences, said the goal is to help organizations improve patient outcomes, reduce costs, and enhance the patient experience. The rollout reflects a broader strategy for healthcare in a fast-changing tech environment.
Delta Electronics Chairman Ping Cheng and India President Benjamin Lin met Prime Minister Narendra Modi in New Delhi on September 24, 2026. They discussed Delta's plans in India centered on energy transition, AI infrastructure, and smart manufacturing. The company plans to expand local manufacturing and enhance its R&D center in Bengaluru, with a focus on clean energy technologies including hydrogen and energy-efficient solutions.
NSE MD and CEO Ashishkumar Chauhan outlined how AI will transform financial market infrastructure, describing it as a horizontal technology impacting trading, analytics, transaction processing, and market surveillance. NSE is already using AI in software programming, legal analysis, and surveillance trend identification. Critical functions like trading, clearing, risk management, and settlement need greater technological robustness as AI-generated content becomes more common.
Baidu faces scrutiny after a class action lawsuit accused the company of overstating its AI progress. The stock has fallen 13.66% over 90 days and 32.46% over one year. One valuation model sees Baidu as undervalued at $146.50 versus its $89.78 price, while another suggests it may be overvalued based on cash flow. The company still sees growth potential from China's expanding digital market.
10x Genomics is integrating Lunit's AI pathology platform into its oncology biomarker studies using its Xenium and Atera systems alongside whole-slide image analysis. The stock recently dropped 6.29% to $75.62 but has strong gains over 90 days. A common valuation view considers 10x overvalued at $75.62 compared with a $49.54 fair value estimate. Growth in genomics and AI research could still expand its market.
Dassault Systèmes subsidiary Centric Software released Centric AI, a platform for product lifecycle decisions in retail and consumer industries. The stock is up 20.58% over 90 days but down 22.87% over one year. Dassault Systèmes is viewed as slightly undervalued with a fair value estimate of €23.50 versus a €21.21 closing price. Most of its software revenue is now recurring, though weakness in cloud adoption and Medidata could slow future growth.
Key Takeaways
- Jensen Huang called Geoffrey Hinton's AI predictions irresponsible, citing Hinton's 2016 advice to stop training radiologists that has since proven wrong.
- Huang said AI labs that cannot control their models should be shut down, comparing the risk to self-driving cars.
- Sam Altman and Dario Amodei met at the UN Security Council on September 23, 2026, calling for international AI cooperation while the US opposed binding regulation.
- Yoshua Bengio urged licensing advanced AI models like medicine and nuclear energy, warning risks are real and imminent.
- Meta launched Horizon Create and Horizon Studio, AI tools for building 2D and 3D games via text prompts, causing Unity Software to drop 5%.
- Fastly fell 9% after its AI surge faded; Citi recommended Cloudflare as the better AI infrastructure investment.
- Accenture and Oracle's Deep Data Security system handles 300 simultaneous AI agent queries across 925,000 documents in under 15 seconds.
- Oracle Health launched AI solutions for revenue cycle management and oncology, aiming to improve patient outcomes and reduce costs.
- Delta Electronics met with Prime Minister Modi to discuss expanding AI infrastructure, energy transition, and smart manufacturing in India.
- Baidu faces a class action lawsuit over overstating AI progress, with its stock down 32.46% over one year.
Baidu faces legal and AI growth questions as shares fall
Baidu is under scrutiny after a class action lawsuit accused the company of overstating its AI progress. The stock has fallen 13.66 percent over 90 days and 32.46 percent over one year. One valuation model sees Baidu as undervalued at 146.50 dollars versus its 89.78 dollar price. Another model suggests it may be overvalued based on cash flow. The company still sees growth potential from China's expanding digital market.
10x Genomics partners with Lunit on AI cancer research tools
10x Genomics is integrating Lunit's AI pathology platform into its oncology biomarker studies. The work uses 10x's Xenium and Atera systems alongside whole-slide image analysis. The stock recently dropped 6.29 percent to 75.62 dollars but has strong gains over 90 days. A common valuation view considers 10x overvalued at 75.62 dollars compared with a 49.54 dollar fair value estimate. Growth in genomics and AI research could still expand its market.
Dassault Systèmes gains attention after Centric AI launch
Dassault Systèmes subsidiary Centric Software released Centric AI, a platform for product lifecycle decisions in retail and consumer industries. The stock is up 20.58 percent over 90 days but down 22.87 percent over one year. Dassault Systèmes is viewed as slightly undervalued with a fair value estimate of 23.50 euros versus a 21.21 euro closing price. Most of its software revenue is now recurring. Weakness in cloud adoption and Medidata could still slow future growth.
Jensen Huang says unsafe AI labs should be shut down
Nvidia CEO Jensen Huang said AI labs that cannot control their models should be shut down. He compared the risk to self-driving cars and said companies must take responsibility. Huang stressed that CEOs have the power and duty not to release unsafe products. He warned that failing to contain AI could cause serious harm. He said the risks to humanity and legal liability outweigh company profits.
Jensen Huang criticizes Geoffrey Hinton's AI warnings
Nvidia CEO Jensen Huang called AI expert Geoffrey Hinton's predictions irresponsible. He pointed to Hinton's 2016 advice to stop training radiologists, noting that radiology jobs have grown since then. Hinton's warning about a 10 percent chance of societal destruction from AI was criticized as unscientific. Huang argued that alarmist predictions can harm young people's career choices. He said fear-based warnings do not serve society well.
Fastly stock drops after AI surge fades, Citi recommends Cloudflare instead
Fastly's stock fell 9 percent after a 14 percent surge driven by its role in powering Meta's AI assistant Muse. Citi analyst Fatima Boolani remains neutral on Fastly, saying AI traffic alone will not bring big profits because Fastly charges per gigabyte rather than per request. Citi prefers Cloudflare as the better AI infrastructure investment due to its proven profitability and broader tools. Fastly still has potential if AI traffic grows massively or if its new AI security products gain demand.
AI leaders urge global cooperation at UN Security Council meeting
AI leaders including Sam Altman and Dario Amodei met at the United Nations Security Council in New York on September 23, 2026. They agreed on the need for international cooperation on powerful frontier AI models. However, the United States opposed any binding international regulation. Yoshua Bengio warned that AI risks are real and imminent and called for licensing advanced AI models like medicine and nuclear energy.
Accenture uses Oracle database security to protect AI agents
Accenture and Oracle are using Deep Data Security to enforce trust boundaries directly in databases for AI agents. Accenture operates a Model Context Protocol server giving AI agents access to over 925,000 documents across 27 Oracle product namespaces. Different agents have different authorization levels, and the database enforces security rules for every query. The system has been tested to handle 300 simultaneous queries returning results in under 15 seconds.
Delta Electronics meets PM Modi to discuss India AI and energy plans
Delta Electronics Chairman Ping Cheng and India President Benjamin Lin met Prime Minister Narendra Modi in New Delhi on September 24, 2026. They discussed Delta's plans in India focusing on energy transition, AI infrastructure and smart manufacturing. The company plans to expand local manufacturing and enhance its R&D center in Bengaluru. Delta also focuses on clean energy technologies including hydrogen and energy-efficient solutions.
NSE plans AI-driven strategy to protect market integrity
NSE MD and CEO Ashishkumar Chauhan explained how AI will transform financial market infrastructure. He described AI as a horizontal technology that will impact trading, analytics, transaction processing and market surveillance. NSE is already using AI in software programming, legal analysis and surveillance trend identification. Critical functions like trading, clearing, risk management and settlement need greater technological robustness as AI-generated content becomes more common.
Oracle Health launches AI tools for healthcare and life sciences
Oracle Health introduced new AI solutions for revenue cycle management and oncology. The company said healthcare needs a new architecture built for AI from the ground up. Steve Wandler, vice president of healthcare and life sciences, said the goal is to help organizations improve patient outcomes, reduce costs, and enhance the patient experience. The rollout is part of a broader strategy for healthcare and life sciences in a fast-changing tech landscape.
Meta reveals AI game-building tools, gaming stocks drop
Meta announced Horizon Create and Horizon Studio, two new AI tools that let users build 2D or 3D games using text prompts. The tools run on the Meta Horizon Engine and work on phones and web browsers. Unity Software fell 5%, while Roblox and AppLovin each dropped 1% after the announcement. Meta plans to distribute games across Facebook, Instagram, and Horizon platforms, with monetization through in-game purchases and the Meta Horizon Creator Fund.
Sources
- Baidu (BIDU) Dropped, So What Is Driving Attention Now?
- 10x Genomics (TXG) Dropped, So What Is Driving Attention Now?
- Dassault Systèmes (ENXTPA:DSY) Is Back In The Spotlight, What Is Driving Attention?
- Jensen Huang Says if AI Companies Can't Contain Their Models, 'We Have to Shut the Labs Down'
- Geoffrey Hinton Should Stop Making Predictions, All His Predictions Have Been Wrong: NVIDIA CEO Jensen Huang
- Fastly’s 14% AI spike was a mirage; Here’s the edge stock Citi says you should own
- AI leaders Sam Altman and Dario Amodei acknowledge need for cooperation at UN
- Enterprise security moves to the database for AI agents
- ‘India is a key pillar’: Delta Electronics’ leadership meets PM Modi to chart next decade of energy transition and AI
- From Mobile Trading To AI: How NSE Plans To Protect Market Integrity
- Oracle Health rolls out AI solutions for RCM, oncology as part of broader healthcare, life sciences strategy
- Gaming stocks fall after Meta unveils AI game-building tools
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