🚀 Major Industry Developments
1. Microsoft Reports Strong Q3 Earnings Driven by AI and Cloud Growth
Microsoft posted $70.1B in Q3 revenue, crediting AI and cloud services like Copilot for its 18% profit surge, and announced $80B investment in AI infrastructure.
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2. Visa Introduces AI Agents for Autonomous Payments
Visa teamed up with OpenAI, Microsoft, and Anthropic to empower AI agents to make autonomous purchases through Visa’s global network.
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3. Google Embeds Ads Within AI Chatbot Conversations
Google started monetizing chatbot interactions by integrating advertising directly into AI conversations across its ad network.
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🧠 Ethical and Regulatory Updates
4. FTC Orders Company to Substantiate AI Claims
The FTC cracked down on unsupported AI marketing, requiring a firm to back up its AI detection product claims with verifiable evidence.
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5. California Deploys Generative AI Tools Across State Agencies
California launched a statewide initiative to integrate generative AI into government operations, streamlining services and boosting public efficiency.
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🏥 AI in Healthcare and Science
6. AI Enhances Specialty Pharmacy Through Cost Control and Quality Care
At Asembia's AXS25 Summit, experts detailed how AI is transforming specialty pharmacy through improved data analytics, cost management, and patient care.
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7. AI Empowers Community Pharmacists to Improve Patient Outcomes
Discussions at Asembia 2025 showed how AI tools enable pharmacists to better analyze patient data and make informed decisions.
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🌍 Global AI Initiatives
8. India Selects Sarvam AI to Develop Indigenous Foundational Model
Sarvam AI has been selected to build India’s first large-scale AI model tailored for Indian languages, backed by the government’s IndiaAI mission.
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