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OpenAI Expands Economic Research Team to Study AI's Impact on Global Job Markets and Economy
OpenAI is bolstering its economic research team to assess AI's impact on the economy, led by chief economist Ronnie Chatterji. The team will explore AI's role in reshaping work, business structures, and future economic implications, requiring adaptability and collaboration with global partners.

Harvard Business School Debuts AI Avatars for Personalized Feedback in Startup Bootcamp
Harvard Business School is testing AI avatars in its HBS Foundry bootcamp to provide personalized feedback while maintaining live instructor sessions. The initiative aims to enhance scalable learning, though some participants notice quirks like the avatars' frozen smiles.
Apex Legends Season 30 introduces significant nerfs to Axle, Bloodhound, and Seer, chiefly reducing Axle's speed and power. The update, live August 25, aims to rebalance mobility and enhance tactical play.
The Air Force is soliciting designs for target drones that can simulate a wide array of aerial threats, from hobbyist drones to stealth fighters. Proposals, due by September 2026, must ensure realistic radar, infrared, and RF signatures, with specific performance criteria for supersonic fighters and bomber-sized aircraft.
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OpenAI introduces a new image attachment feature in ChatGPT for iPhone, streamlining photo uploads with a shortcut to attach recent photos, as part of its August 21 update. This comes as EU iPhone users face limitations due to Apple's compliance with Digital Markets Act, increasing reliance on third-party solutions like ChatGPT for visual queries.
Ulsan, South Korea, is piloting underwater data centers using seawater cooling to meet growing AI computing needs while addressing land and power constraints. Backed by a $37 million budget, the project aims for commercial rollout by 2031, potentially transforming coastal AI infrastructure nationwide.
Samsung's Galaxy Z Fold 8 debuts as a high-end, versatile foldable device, priced at $1,899 in the US, aimed at enhancing media consumption with its unique form factor. While it faces competition from Huawei’s Pura X Max, the Z Fold 8's improved design and usability could make foldables more mainstream, especially with potential future collaborations with Apple.
HTX Research's report suggests AI equities are in a late-capex phase while tech diffusion is just beginning, shifting focus to token costs and reliability in 2026. Alphabet is highlighted for its strong fundamentals amidst AI reshaping investment strategies and competition in trading platforms expanding towards multi-asset access and AI tools.
Nvidia is set to acquire Poolside for $1 billion, enhancing its AI capabilities by integrating Poolside's technology into the Nemotron platform. Over 100 Poolside employees will join Nvidia, as the company also invests $6 billion in licensing Poolside's technology, underscoring its commitment to strengthening software offerings amid growing AI competition.
AI memory workflows are rapidly becoming essential for VC-backed firms, enabling knowledge accumulation and automation, with notable adoption in financial sectors. This shift features tools like Claude, Codex, and the claude-obsidian plugin for creating a digital brain, emphasizing persistence over traditional methods, while startups like Mem0 and Supermemory lead infrastructure development.
The United States and Canada have hit a roadblock in trade negotiations, with the US imposing 50% tariffs on $28 billion of Canadian imports. Canada's Prime Minister vows to match tariffs and protect their economy, while former US President criticizes Canada's trade approach, urging for better global trade governance.
Shell pivots its AI strategy from broad censorship to targeted defamation management, urging vendors to fix errors and employing tactics to downplay disputes. This shift is driven by an ongoing bot war, particularly against whistleblower John Donovan's anti-Shell platform, as AI systems increasingly surface controversies, prompting new legal and data governance measures.
Samsung is set to launch One UI 9 with a major feature upgrade across Galaxy devices like the S26 and Galaxy Watch 8 Classic. While not all features will be universal, the update includes AI enhancements and new widget capabilities, with some devices like the Galaxy S26 FE expected to debut Google's Gemini AI toolkit.













