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Privately held companies have been left to develop AI technology at breakneck speed, giving rise to systems like Microsoft-backed OpenAI’s ChatGPT and Google’s Bard.

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A majority of Europeans want government restrictions on artificial intelligence to mitigate the impacts of the technology on job security, according to a major new study from Spain’s IE University.

The study shows that out of a sample of 3,000 Europeans, 68% want their governments to introduce rules to safeguard jobs from the rising level of automation being brought about by AI.

That number is up 18% from the amount of people who responded in the same way to a similar piece of research that IE University brought out in 2022. Last year, 58% of people responded to IE University’s study saying they think that AI should be regulated.

“The most common fear is the potential for job loss,” Ikhlaq Sidhu, dean of the IE School of SciTech at IE University

The report was produced by IE University’s Center for the Governance of Change, an applied-research institution that seeks to enhance the understanding, anticipation and managing of innovation.

Standing out from the rest of Europe, Estonia is the only country where this view decreased — by 23% — from last year. In Estonia, only 35% of the population wants their government to impose limits on AI.

Generally, though, the majority of people in Europe are favorable of governments regulating AI to stem the risk of job losses.

“Public sentiment has been increasing towards acceptance of regulation for AI, particularly due to the recent rollouts of generative AI products such as ChatGPT and others,” Sidhu said.

It comes as governments around the world are working on regulation for AI algorithms.

In the European Union, a piece of legislation known as the AI Act would introduce a risk-based approach to governing AI, applying different levels of risk to different applications of the technology.

Can China's ChatGPT clones give it an edge over the U.S. in an A.I. arms race?

Meanwhile, U.K. Prime Minister Rishi Sunak plans to hold an AI safety summit at Bletchley Park, the home of the codebreakers who cracked the code that helped end World War II, on Nov. 1 and Nov. 2.

Sunak, who faces a multitude of political challenges at home, has pitched Britain as the “geographical home” for AI safety regulation, touting the country’s heritage in science and technology.

Worryingly, most Europeans say they wouldn’t feel confident distinguishing between content that’s AI-generated and content that’s genuine, according to IE University, with only 27% of Europeans believing they’d be able to spot AI-generated fake content.

Older citizens in Europe expressed a higher degree of doubt about their ability to determine AI-generated and authentic content, with 52% saying they wouldn’t feel confident doing so.

Academics and regulators are concerned by the risks around AI coming up with synthetically-produced material that could jeopardize elections.

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Amazon had a very big week that could shape where its stagnant stock goes next

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Amazon had a very big week that could shape where its stagnant stock goes next

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Meta acquiring AI wearable company Limitless

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Meta acquiring AI wearable company Limitless

Meta CEO Mark Zuckerberg wears the Meta Ray-Ban Display glasses, as he delivers a speech presenting the new line of smart glasses, during the Meta Connect event at the company’s headquarters in Menlo Park, California, U.S., Sept. 17, 2025.

Carlos Barria | Reuters

Meta is acquiring artificial intelligence wearable startup Limitless, the companies said Friday.

“We’re excited that Limitless will be joining Meta to help accelerate our work to build AI-enabled wearables,” a Meta spokesperson said in a statement.

Limitless makes a small, AI-powered pendant that can record conversations and generate summaries.

Limitless CEO Dan Siroker revealed the deal on Friday via a corporate blog post but did not disclose the financial terms.

“Meta recently announced a new vision to bring personal superintelligence to everyone and a key part of that vision is building incredible AI-enabled wearables,” Siroker said in the post and an accompanying video. “We share this vision and we’ll be joining Meta to help bring our shared vision to life.”

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The world of AI wearables has been slowly growing this year, but no company has landed a standout product.

Meta’s Ray-Ban smartglasses, which have been a surprise hit, have a sprinkling of AI flavor with the inclusion of the company’s AI digital assistant.

There are several wearable devices available that are similar to Limitless.

Friend offers a pendant-style device, Plaud comes in a small card shape or pill that can be clipped on or worn around your neck or on your wrist, and Bee, which is worn on a wristband and was scooped up by Amazon in July.

Amazon also runs AI through its Alexa+ line of Echo Speakers, while Google‘s Pixel 10 phones have the Gemini assistant built in.

WATCH: Meta is visibly seeing a return on investment from AI.

Meta is visibly seeing a return on investment from AI, says Rosenblatt Securities’ Barton Crockett

CNBC’s Chris Eudaily contributed to this report.

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Salesforce shares pop 5%, continuing post-earnings rally and leaving stock poised for best week since 2023

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Salesforce shares pop 5%, continuing post-earnings rally and leaving stock poised for best week since 2023

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Salesforce shares popped 5% on Friday after the company posted better-than-expected third-quarter earnings on Wednesday despite falling short of Wall Street’s revenue estimates.

The stock, which is up 13% over the past five days, is aiming for its best week since 2023.

The company reported adjusted earnings per share of $3.25, topping Wall Street’s estimates of $2.86 per share. Revenue increased 8.6% year over year to $10.26 billion but just missed analyst projections of $10.27 billion.

Although the artificial intelligence boom has pushed several tech companies into record surges, cloud software firms have seen a rocky year as investors wonder whether AI will render the industry obsolete.

Salesforce is hoping to persuade Wall Street that AI will be able to bolster its products rather than replace them.

Investors “somehow think software companies are under arrest from AI, when the opposite is true,” Salesforce CEO Marc Benioff told CNBC’s Jim Cramer on Thursday.

During the third quarter, the company acquired startups Regrello and Waii, which uses AI to generate code with natural language instructions.

Despite Salesforce’s shares being down 21% year to date, compared with the Nasdaq’s 22% gain, analysts are more optimistic for 2026.

“CRM [Salesforce] continues to be levered to digital transformation, and we expect the company to grow at a solid rate going forward,” Mizuho analysts wrote. “At the same time, we believe CRM will remain fiscally disciplined and that it can continue to drive higher operating and FCF margins.”

Analysts highlighted Salesforce’s AI platform Agentforce, which builds agents that automate business tasks and streamline workflow.

Despite initial investor skepticism over the platform, Cantor analysts were encouraged by its strong adoption in the customer service space.

“We think CRM is starting to formalize and mature the strategy, which should make it easier for customers to understand, and therefore adopt, Agentforce,” the Cantor analysts wrote.

Annual recurring revenue of Agentforce jumped 330% year over year to $540 million.

“Why everyone is so excited about Agentforce is because this is what AI was meant to be,” Benioff said. “It brings together humans and data and AI and apps, and delivers an incredible experience for companies.”

WATCH: Salesforce CEO Marc Benioff goes one-on-one with Jim Cramer

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