🏅Google & OpenAI Just Beat Humans at Math | Claude Goes Wall Street

Today’s Highlights:

• Google & OpenAI both win gold at global Math Olympiad

• Claude enters Wall Street with financial AI suite

• Instacart CEO joins OpenAI to lead AI product vision

• ChatGPT now handles 2.5 billion prompts per day

• Google’s AI can now call businesses on your behalf

• Meta refuses to sign EU’s voluntary AI Code of Practice

• Tool of the Day: FlexClip lets you create stunning AI videos in second

• Latest AI + tech headlines

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LATEST AI NEWS

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GOOGLE

🏅Google and OpenAI Both Wins Gold  at Math Olympiad

For the first time, AI models developed by OpenAI and Google scored gold-medal marks at the International Mathematical Olympiad (IMO), a global competition for top high-school mathematicians.

The Details:

• OpenAI and Google’s models solved 5 of 6 problems from this year’s IMO, reaching gold-level scores

• Google DeepMind worked with the IMO to have its Gemini Deep Think model officially graded

• OpenAI used a new model with high compute and parallel reasoning but wasn’t officially entered in the contest

• Both systems reasoned entirely in natural language, not with formal symbolic logic or long computation chains

• Gemini completed the challenge within the 4.5-hour limit, while OpenAI’s model was verified by IMO medalists

Why it matters:

This milestone confirms that AI is now capable of tackling elite mathematical problems without needing formal language or hard-coded logic. Researchers believe it could pave the way for AI to assist in solving unsolved math theorems and advance fields like physics and computer science. 

META

📣 Meta Refuses to Sign EU’s AI Code of Practice

Meta has declined to sign the EU’s voluntary Code of Practice for general-purpose AI, just weeks before the bloc’s new AI Act takes effect. The move signals rising tension between Big Tech and European regulators over how frontier AI should be governed.

The Details:

• Meta’s Joel Kaplan called the EU’s approach “overreach” and said the Code creates legal uncertainty

• The Code requires companies to document their models, avoid pirated data, and honor opt-outs from content owners

• Meta claims the rules will slow innovation and harm European startups building on GPAI systems

• The AI Act officially bans “unacceptable risk” uses (like manipulation and social scoring) and regulates high-risk ones

• New guidelines were published Friday for providers of models with “systemic risk” — rules take effect August 2

Why it matters:

Meta’s rejection puts it at odds with EU lawmakers who are pushing for strict oversight of powerful AI models. The EU’s Code, while voluntary, is seen as a test run for future enforcement, and Meta’s refusal could inspire other holdouts. This sets up a broader confrontation between open innovation and regulatory caution. 

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AI & TECH NEWS

🛒 ChatGPT may soon become your new shopping cart

OpenAI is testing in-chat product checkout, letting users buy directly inside ChatGPT. Powered by Shopify, the new system could generate revenue from sales commissions and turn ChatGPT into a product search rival to Google. Brands are already prepping for “AIO” (AI Optimization) in this emerging storefront.

📈 ChatGPT now handles 2.5B prompts per day

OpenAI says ChatGPT processes over 2.5 billion daily prompts, with 330 million from the US. That’s 912.5 billion per year—still behind Google’s 5 trillion searches, but the gap is closing fast. With new tools like an AI browser and ChatGPT Agent, OpenAI is doubling down on everyday utility.

📞 Google’s AI will now call businesses for you

Google Search is testing a new Gemini-powered feature that can call local businesses to check prices or availability—no phone call needed. Just tap “have AI check pricing,” and it’ll collect your details and follow up via text or email. US-only for now, with higher limits for AI Pro and Ultra users.

💰 Claude enters Wall Street with financial AI suite

Anthropic has launched a Financial Analysis Solution powered by Claude, integrating real-time data, tools like Snowflake and FactSet, and strong privacy safeguards. It targets Bloomberg’s turf, offering 20% productivity gains for early users like Norges Bank. Deloitte and KPMG are helping firms adopt it.

👩‍💼 Instacart CEO joins OpenAI to lead AI products

Fidji Simo will become OpenAI’s CEO of Applications on August 18, leading one-third of the company. She’ll scale real-world AI tools across healthcare, education, and creativity. Simo, a board member since March, steps down from Instacart after its next earnings call.

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TOP AI TOOLS

🎨 Lovart - AI design agent that turns prompts into stunning visuals.

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🧠 TaoPrompt - Create pro-level prompts quickly with AI help.

🌐 legml.ai - Real-time translation for Microsoft Teams meetings.

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