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Europe should take greater risks and plow more money into artificial intelligence, Meta's chief AI scientist Yann LeCun told AFP at the World Economic Forum.

Stiffer competition for the tech giants at the forefront of the artificial intelligence boom prompted investors to reassess the companies’ sky-high valuations and aggressive spending plans.

The new tool, called Operator, is an AI agent: It relies on an AI model trained on both text and images to interpret commands and figure out how to use a web browser to execute them. OpenAI claims it has the potential to automate many day-to-day tasks and workday errands.

Europe needs it the most,” SAP CEO Christian Klein said in response to the U.S.’ Stargate Project — a $500 billion investment in AI infrastructure.

OpenAI has been laying groundwork. While most users were just starting to really explore ChatGPT Tasks – a new feature that lets user schedule and trigger tasks – the company was preparing for something far more significant.

To hear OpenAI tell it, the U.S. can only defeat China on the global stage with the help of artificial intelligence.

European industrial stocks such as Schneider Electric and Prysmian surged on Wednesday as traders warmed up to prospects of their U.S. business after Donald Trump unveiled a new artificial intelligence (AI) investment push.

For now, it is only available in the United States to users on ChatGPT’s Pro subscription plan and will not be coming to Europe anytime soon. “[Operator] will be [in] other countries soon,” OpenAI CEO Sam Altman said during a livestream on Thursday.

Tech stocks tumbled on Monday as advances by Chinese artificial intelligence (AI) start-up, the Hangzhou DeepSeek Artificial Intelligence Co., Ltd.’s DeepSeek, cast doubt on whether the United States could sustain its leadership in AI by spending billions of dollars on chips.

The tech-heavy Nasdaq Composite index slid 3.5 per cent shortly after the opening bell, while the broader S&P 500 fell about 2 per cent. Nvidia, which surged last year on bets that Big Tech companies would require vast numbers of advanced chips to power their AI models, sold off by 13 per cent.

Amid concerns over how to regulate artificial intelligence without stifling the AI ecosystem, global leaders are set to gather in Paris on February 10 for a two-day AI Action Summit. Here's what is on