GenAI News May 21st 2025
Wednesday, May 21, 2025
Google Unveils AI Mode and Gemini Upgrades in Major Search Overhaul
Google has introduced “AI Mode,” transforming its search engine into a conversational interface similar to ChatGPT. Alongside this, the company launched Gemini Live, a multimodal assistant, and new AI agents like Project Mariner and Project Astra. Subscription tiers for advanced features are priced at $25/month for “AI Pro” and $250/month for “Ultra.”
Published: May 21, 2025
Foxconn CEO Predicts AI Will Eliminate Low-End Manufacturing Jobs
Young Liu, CEO of Foxconn, warned that generative AI combined with robotics could lead to the eradication of low-end manufacturing positions. Speaking at the Computex conference, Liu emphasized the need for workforce adaptation in the face of rapid technological advancements.
Published: May 21, 2025
Sam Altman’s Tumultuous Journey at OpenAI Chronicled in New Book
Karen Hao’s “Empire of AI” delves into Sam Altman’s controversial leadership at OpenAI, detailing his brief ousting in 2023 and subsequent reinstatement. The book explores the broader implications of AI’s commercialization and the concentration of power within the industry.
Published: May 21, 2025
Inderes Launches AI Research Project for Equity Analysis
Finnish firm Inderes has initiated a €253,000 research project, funded partly by Business Finland, to explore the use of generative AI in equity research. The project aims to develop AI agents capable of producing scalable and high-quality financial analyses.
Published: May 21, 2025
Temenos Introduces Generative AI Tool for Banking Product Development
Banking software company Temenos has released a new generative AI tool designed to accelerate the design, testing, and optimization of financial products. The tool aims to enhance efficiency in banking product development processes.
Published: May 21, 2025
SAP and AWS Collaborate on Generative AI Solutions for Enterprises
SAP and Amazon Web Services have launched an AI Co-Innovation Program to assist partners in building generative AI applications tailored to enterprise resource planning workloads. The initiative combines SAP’s enterprise technology with AWS’s AI services.
Published: May 20, 2025
Pinterest Enhances Visual Search with Generative AI
Pinterest has upgraded its visual search capabilities by integrating generative AI, enabling users to search for products based on color, texture, and style cues. This enhancement aims to make images more “shoppable” and improve user engagement.
Published: May 20, 2025
Google Partners with Promise Studio to Advance AI in Entertainment
Generative AI studio Promise, backed by Andreessen Horowitz, has partnered with Google to integrate its AI technologies into entertainment production workflows. The collaboration includes joint efforts with Google’s DeepMind and aims to produce AI-driven content.
Published: May 20, 2025
ILO Reports One in Four Jobs at Risk from Generative AI
A new report by the International Labour Organization indicates that 25% of jobs are at risk of being transformed by generative AI. The study provides a global index to help policymakers manage the impact of AI on employment.
Published: May 20, 2025
Lawyers Blame AI for Errors in Legal Brief
Attorneys for journalist Timothy Burke admitted to using AI tools like ChatGPT in drafting a legal brief that contained significant errors, including fabricated quotes. The incident highlights concerns over the reliability of AI-generated legal documents.
Published: May 21, 2025