Artificial Intelligence News Live: Hong Kong AI and robotics innovators showcased at VivaTech 2025 by HKSTP debut delegation

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  Moneycontrol.com

• June 13, 2025 / 11:16 IST

  Mattel to use OpenAI for toy and product design

  Mattel has announced a partnership with OpenAI to leverage artificial intelligence in the design of its toys and other products, Bloomberg says in a report. This collaboration aims to integrate AI tools into Mattel's creative and development workflows, with the first product resulting from this initiative expected to be launched later this year.

• June 13, 2025 / 11:16 IST

  Tesla sues former Optimus engineer alleging trade secret theft

  Tesla is suing Zhongjie Li, a former engineer on its Optimus humanoid robot project, alleging the theft of confidential trade secrets, as per a report in TechCrunch. The lawsuit claims Li utilized these secrets to establish a competing robotics startup merely a week after his departure from Tesla. This legal action concerns intellectual property related to Tesla's advancements in artificial intelligence and robotics.

• June 13, 2025 / 11:16 IST

  Hong Kong AI and robotics innovators showcased at VivaTech 2025 by HKSTP debut delegation

  Hong Kong Science and Technology Parks Corporation (HKSTP) is showcasing Hong Kong's advancements in Artificial Intelligence and robotics through its first-ever delegation to VivaTech 2025 in Paris, AP said in a report. The delegation features 18 innovators, with a focus on AI and robotics alongside other technology sectors like healthtech, greentech, and fintech, participating in Europe's largest startup and tech event as part of the Hong Kong Tech Pavilion organised by the Hong Kong Trade Development Council (HKTDC).

• June 13, 2025 / 11:16 IST

  Inexpensive AI agents threaten entry-level coding jobs

  Inexpensive AI agents are posing a current threat to entry-level coding jobs due to their significantly lower operational costs compared to human labor, potentially undermining traditional career pathways in software development, Wired says in a report. The article highlights that this situation is influenced by the increasing capabilities of AI code generation tools, wider enterprise adoption of AI in development, and progress in autonomous AI coding agents. While acknowledging that current AI tools largely serve as assistants requiring human oversight for tasks like debugging and integration, the report notes the impact on entry-level roles and the consequent need for developer education to evolve, emphasizing skills in AI collaboration and complex problem-solving.

• June 13, 2025 / 11:16 IST

  Elon Musk's xAI could receive $250 million in investments

  Elon Musk's artificial intelligence research and development company, xAI, could receive $250 million in investments from approximately two dozen venture capital firms and other investors, The New York Times said in a report. This potential funding is anticipated to bolster xAI's capabilities in acquiring talent, securing vital computing resources, and advancing its research to develop advanced AI, positioning it more competitively against other leading AI firms. xAI previously launched the Grok AI model, which has integration with the X platform.

• June 13, 2025 / 11:16 IST

  Mattel and OpenAI collaborate to integrate generative AI in toy manufacturing and IP development

  Barbie-maker Mattel has partnered with OpenAI to introduce generative artificial intelligence into its toy-making operations and its methods for continually repackaging its extensive intellectual property, TechCrunch said in a report. This collaboration aims to utilize AI to enhance innovation in Mattel's product development and the management of its IP assets.

• June 13, 2025 / 11:16 IST

  Conveyor secures $20 million Series B for AI-powered vendor security review automation

  Startup Conveyor, which utilizes artificial intelligence to automate the often complex process of vendor security reviews and the security-related sections of Requests for Proposals (RFPs), has secured $20 million in a Series B funding round, TechCrunch said in a report. The four-year-old company's new funding was led by SignalFire. Conveyor's AI platform is designed to help businesses more efficiently complete detailed security questionnaires and compliance documentation.

• June 13, 2025 / 11:16 IST

  OpenAI's incoming applications head Fidji Simo targets billions of ChatGPT users

  Fidji Simo, OpenAI's incoming Head of Applications, stated a goal for ChatGPT to expand its user base to billions, according to a report in Bloomberg. This target is a long-term vision, as previous reports indicated ChatGPT had over 100 million weekly active users. OpenAI is pursuing broader adoption through initiatives like ChatGPT Enterprise, Team plans, and a desktop application. Reaching such a scale presents challenges including global accessibility, infrastructure demands, and competition.

• June 13, 2025 / 11:16 IST

  AMD CEO claims new AI processors can challenge Nvidia, projects $500 billion market

  Advanced Micro Devices Chief Executive Officer Lisa Su announced that AMD's latest AI processors, primarily the Instinct MI300 series (including the MI300X and MI300A), are positioned to challenge Nvidia Corp.'s chips in the AI sector, Bloomberg says in a report. Su also projected the AI chip market to surpass $500 billion within the next three years. These claims by AMD regarding its processors are based on internal benchmarks, often highlighting specific metrics like memory capacity, and their real-world performance across various applications will require independent validation. Nvidia currently holds a dominant market share in the AI accelerator market, supported by its established CUDA software ecosystem and products like the Hopper and upcoming Blackwell architectures.

• June 13, 2025 / 11:16 IST

  Amazon launches AI video ad generation tool for US advertisers

  Amazon Ads' Video Generation tool is now publicly available to advertisers in the United States, following an initial beta launch in September, ZDNet says in a report. This artificial intelligence tool enables users to produce video advertisements, reportedly allowing for rapid AI-driven generation of content. The system likely utilizes existing product information, images, and text prompts provided by the advertiser to create short, performance-oriented ad formats suitable for Amazon's placements, with the complete creation process also involving asset input, style selection, and review.

• June 13, 2025 / 11:16 IST

  Small business sues Google over alleged AI Overview hallucination of lawsuit

  A small business, LTL LED LLC, has initiated legal action against Google, alleging its AI Overview feature in search results generated and displayed false information, as per a report in Reason. The lawsuit, identified as LTL LED LLC v. Google LLC and filed in the District of Minnesota, claims the AI "hallucinated" by falsely stating the company was involved in a lawsuit with an Attorney General. This legal challenge highlights ongoing concerns regarding the accuracy of AI-generated content and potential liability for "hallucinations" produced by large language models.

• June 13, 2025 / 11:16 IST

  AI agents for task automation like reservations seen as potential 'giant breakthrough'

  AI agents are being developed with the capability to perform tasks such as making dinner reservations or changing flights, a trend Sam Altman views as potentially "the next giant breakthrough" in artificial intelligence, according to a report in Wired. While these AI agents are increasingly able to use external tools and interact with services to complete tasks for users, their widespread, reliable, and universally accessible deployment for complex actions is still an emerging reality rather than a fully mature, universally available function. Altman's characterization of this as a "breakthrough" reflects his strategic vision for the transformative future potential of AI agents, rather than describing their current, fully realized status for the general public.

• June 13, 2025 / 11:16 IST

  SAG-AFTRA board approves tentative AI agreement with video game companies for membership vote

  The SAG-AFTRA National Board has approved a tentative agreement reached with a bargaining group representing video game companies, which includes provisions related to the use of Artificial Intelligence and terms for a new overall contract, VentureBeat says in a report. This approval by the board means the proposed deal will now be presented to the full SAG-AFTRA membership for a ratification vote. This development follows the union's major strike against Hollywood producers (AMPTP), which concluded in November 2023 with an agreement that also included significant AI protections, setting a precedent for addressing AI's impact on performers.

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