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© 2026 Benzinga | All Rights Reserved
July 14, 2024 6:19 AM 2 min read

Microsoft's $1.5B Investment Under Scrutiny, Alibaba Showcases AI Breakthroughs In Shanghai And More: This Week In Artificial Intelligence

by Benzinga Neuro Benzinga Staff Writer
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As the week comes to a close, the world of artificial intelligence (AI) has seen some significant developments. From eyebrow-raising investments to strategic acquisitions, AI breakthroughs, and stock downgrades, the global AI landscape is buzzing with activity. Let’s dive into the top stories that have shaped the AI world over the week.

Microsoft’s $1.5B Investment Raises Concerns

Microsoft Corporation (NASDAQ:MSFT) has come under scrutiny from Republican lawmakers for its $1.5 billion investment in UAE-based AI firm G42, due to the company’s historical ties to China. The lawmakers have called for an intelligence assessment of the deal from the Biden administration.

Read the full article here.

SoftBank Acquires UK Chipmaker Graphcore

After missing out on a $150 billion opportunity with Nvidia, SoftBank Group Corp. (OTC:SFTBF), led by Masayoshi Son, has acquired UK-based chipmaker Graphcore. This acquisition is part of SoftBank’s multibillion-dollar AI push.

Read the full article here.

See Also: Bill Gates Uses These 4 Hacks To Go Through 50 Books A Year, But Discloses His One Reading Struggle

Alibaba and SenseTime Showcase AI Breakthroughs

At the World Artificial Intelligence Conference (WAIC) in Shanghai, Alibaba Group Holding Limited (NYSE:BABA) and SenseTime unveiled significant progress in AI, signaling intense competition in China’s AI market.

Read the full article here.

Tesla Downgraded by UBS

Tesla Inc. (NASDAQ:TSLA) has been downgraded to “sell” from “neutral” by UBS Group AG due to concerns over the company’s AI plans. UBS analysts expressed apprehension that Tesla’s shares have surged too rapidly on the back of AI optimism.

Read the full article here.

U.S. Military’s AI-Equipped ‘Hyper Enabled Operator’

The U.S. Special Operations Command (SOCOM) is redefining the future of warfare with its program to create AI-equipped “hyper-enabled operators” (HEOs), after abandoning its dream of an “Iron Man” suit.

Read the full article here.

Read Next:

  • Top Apple Analyst Says Don’t Expect Much For iPhone 16 This Year, But Tim Cook-Led Company Has A Slew Of Tetraprism Camera Upgrades In Pipeline

Photo courtesy: Shutterstock

This story was generated using Benzinga Neuro and edited by Rounak Jain

Market News and Data brought to you by Benzinga APIs

© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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Posted In:
NewsTechartificial intelligenceConsumer TechRounak Jain
BABA Logo
BABAAlibaba Group Holding Ltd
$130.25-0.41%
Overview
MSFT Logo
MSFTMicrosoft Corp
$407.61-0.33%
SFTBF Logo
SFTBFSoftBank Group Corp
$128.00444.4%
TSLA Logo
TSLATesla Inc
$394.69-0.51%
BABA Logo
BABAAlibaba Group Holding Ltd
$130.25-0.41%
Overview
MSFT Logo
MSFTMicrosoft Corp
$407.61-0.33%
SFTBF Logo
SFTBFSoftBank Group Corp
$128.00444.4%
TSLA Logo
TSLATesla Inc
$394.69-0.51%
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