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AI & Enterprise

Google deploys agentic AI in Gemini, targets enterprise market first

Google is expanding Gemini from a question-and-answer AI into an agentic AI that can carry out tasks on a user’s behalf, starting with enterprise customers. The company unveiled an integrated agent at a Google Cloud event. CEO Sundar Pichai said Gemini has more than 1 billion monthly active users and about 90 percent of Fortune 100 companies use Gemini Enterprise. Google Cloud CEO Thomas Kurian said the agent can take goals, plan work and connect to internal systems.

AI & Enterprise

OpenAI revenue disclosure sends Nvidia, Oracle, CoreWeave AI stocks lower

Shares of AI-related companies including Nvidia, Oracle and CoreWeave fell after OpenAI’s actual revenue scale was confirmed to be lower than numbers previously circulating in the market. CNBC reported that OpenAI told investors its annualised revenue run rate was about $50 billion as of late September, below a widely spread $68 billion figure. OpenAI also presented growth metrics and noted pressures tied to valuation, IPO planning and fundraising discussions.

Crypto

Greece unveils 10 percent capital gains tax on crypto, exempts up to 500 euros a year

Greece has released a draft bill to impose a 10 percent capital gains tax on profits from cryptocurrency transactions, with an exemption for annual gains of up to 500 euros. The proposal sets out taxation standards and the scope of exemptions for digital assets. It marks the first time Greece has moved to establish a formal framework for taxing digital assets, Cointelegraph reported on Oct. 8 local time.