generative AI industry

China's population of artificial intelligence users is growing rapidly, with the generative AI industry expanding alongside it, according to a report from China Daily. The surge reflects accelerating adoption of AI chatbots, image generators and other generative tools among Chinese consumers and businesses, positioning the sector as a key driver of the country's technology ambitions.

Consulting firm Bain & Co. says the global artificial intelligence industry must earn $6 trillion in annual revenue by 2031 to justify the massive capital being spent building data centers worldwide. The estimate highlights the enormous gap between AI infrastructure investment and the revenues companies currently generate, feeding debate over whether the AI spending boom is sustainable or a bubble in the making.

NVIDIA's GTC conference is in the spotlight as the company's flagship event for announcing advances in AI computing, chips and software. Attendees and industry watchers are looking to the keynote for updates on next-generation GPUs, data center products and the broader AI buildout that has made NVIDIA central to the semiconductor sector.

Anthropic, the San Francisco-based AI company behind the Claude chatbot, is being reported as heading toward an initial public offering that analysts are calling industry-defining. Coverage from Reuters and Yahoo Finance traces the company's path from startup to one of the most valuable players in generative AI, amid surging investor interest in artificial intelligence listings.

The EU Chips Joint Undertaking has issued two calls for projects focused on developing AI hardware, aiming to boost European chip capabilities for artificial intelligence workloads. The move follows increased EU efforts to strengthen its semiconductor industry and reduce reliance on foreign suppliers, with funding directed at research and development of next-generation AI chips.

Ad-tech company 33Across has rebranded as WealthStage, repositioning itself as an advertising platform for banks, lenders, brokers, insurers and trading apps. The new business centres on an AI engine that scores household wealth, aiming to target financial products as an estimated $124 trillion passes between generations by 2048. Industry observers are asking which data feeds the engine and what parts of the business remain under the 33Across name.

The BBC's top executive has publicly praised an episode of Doctor Who created with artificial intelligence, a rare endorsement of generative AI from the leadership of a major public broadcaster. The remarks have drawn attention from fans and media commentators, with debate focused on what the praise signals about the corporation's openness to AI-produced programming in one of its flagship drama franchises.

AMD has acquired World Labs, the spatial intelligence and world models startup founded by AI pioneer Fei-Fei Li. The deal gives the chipmaker access to technology focused on AI systems that understand and generate 3D environments, strengthening AMD's position against rivals in the AI hardware and software race. Fei-Fei Li, best known for creating ImageNet, now sees her company absorbed into AMD's expanding AI ambitions.

South Korea's Samsung Electro-Mechanics is reportedly committing around 780 billion yen to expand production of substrates for AI servers, its largest-ever investment in a single product, with mass production targeted for 2028. The move reflects intensifying competition to supply components for the booming AI data center market, and the size of the outlay is drawing attention across the tech and semiconductor industries.

Samsung Electronics is reshaping its next-generation DRAM roadmap by elevating B1b wafer-to-wafer hybrid bonding to become the core technology behind its D0a node, according to DigiTimes Asia. The move signals Samsung's effort to stay competitive in advanced memory as the industry pushes toward denser, more power-efficient DRAM for AI and data-center demand.

The head of the BBC has revealed he watched an AI-generated episode of Doctor Who, describing it as 'pretty good'. The admission highlights how quickly generative AI tools are now capable of producing television-style content, and raises questions about how broadcasters like the BBC plan to respond as the technology improves.