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AI Insider’s Week Ahead in AI: AI’s Job Disruption, AI in College Admissions, Perplexity for Government, ASML’s Big Stake in Mistral, plus Upcoming U.S. Senate Hearing on AI, Earnings and in Research, Why Do LLMs Halucinate?

Welcome to AI Insider’s The Week Ahead in AI. See the key developments and events we’re watching Sept. 7–Sept. 13.

Weekend AI News Briefs

AI is Not Just Ending Entry-Level Jobs. It’s the End of the Career Ladder as We Know It

AI is erasing traditional entry-level jobs that once fueled corporate ladder success stories, with SignalFire data showing a 50% drop in hires of workers with less than one year of experience since 2019, CNBC reports. Experts are divided on the long-term impact, with some saying new opportunities will emerge while others warn unchecked superintelligence could collapse the career ladder entirely. (CNBC)

Virginia Tech Adopts Artificial Intelligence into the Admissions Process

Virginia Tech has introduced AI into its admissions process for fall 2027, with the system now serving as one of two initial reviewers to help manage a 10.2% rise in applications, according to Collegiate Times. The move aims to speed decisions and improve consistency, though human oversight remains in place to ensure fairness and accuracy. (Collegiate Times)


Introducing Perplexity for Government

Perplexity launched Perplexity for Government, a new initiative to expand its AI services for U.S. federal agencies, offering secure-by-default access to its most advanced models at no cost to all federal users. The company also unveiled Perplexity Enterprise Pro for Government, a customized enterprise-grade AI platform adapted for agencies’ needs and priced at $0.25 per agency for the first 15 months, with protections ensuring government data is never used for model training. (Perplexity)

ASML becomes Mistral AI’s top shareholder after leading latest funding round, sources say

Reuters is reporting ASML is committing €1.3 billion ($1.5 billion) to become the top shareholder of French startup Mistral AI, as part of the company’s €1.7 billion (~$2 billion) Series C round that values it at €10 billion ($11.7 billion). The investment, which is expected to secure ASML a board seat, would link two European tech leaders and bolster Europe’s push to reduce reliance on U.S. and Chinese AI models. (Yahoo Finance)

Upcoming Earnings Reports

Planet Labs (PL)

Planet Labs (PL) reports Q2 earnings before the opening bell on September 8, with an expected quarterly EPS of -$0.08 for the period ending July 31, 2025, a 38.46% improvement from the prior year. Zacks data shows its 2026 P/E ratio of -20.84 compares favorably to the industry’s -191.00, suggesting stronger relative earnings growth. (Nasdaq)

Oracle (ORCL)

Oracle (ORCL) is scheduled to report earnings on September 9, after market close for the fiscal quarter ending August 2025. Analysts expect EPS of $1.15, slightly below the $1.18 reported in the same quarter last year. (Nasdaq)

Rubrik (RBRK)

Rubrik (RBRK) will report earnings on September 9, after market close for the quarter ending July 2025. Consensus forecasts call for EPS of -$0.71, an improvement from -$0.97 in the same quarter last year. (Nasdaq)

AI Research

Why Do Language Models Hallucinate? OpenAI Scientists Say LLMs Rewarded For Being Too Cocky

OpenAI researchers say language model hallucinations stem from training and evaluation methods that reward confident guesses over acknowledging uncertainty. They argue the issue persists because benchmarks penalize doubt, and fixing it will require redesigning evaluations to incentivize trustworthiness. (AI Insider)

AI Policy & Governance

AI’ve Got a Plan: America’s AI Action Plan

Wednesday, September 10, at 10 a.m. EST, U.S. Senate Committee on Commerce, Science, & Transportation’s Science, Manufacturing, and Competitiveness Subcommittee will hold a hearing with a livestream available on the Committee website and YouTube. The hearing will examine President Trump’s strategy Winning the Race: America’s AI Action Plan, which prioritizes accelerating U.S. AI development to outpace China, strengthen global competitiveness, and drive economic growth. Lawmakers will also explore legislation aimed at preventing overregulation, streamlining AI infrastructure, and reinforcing U.S. leadership in artificial intelligence, with testimony from Michael Kratsios, Director of the White House Office of Science and Technology Policy. (U.S. Senate)

Check out AI Insider every day for the latest in AI and Robotics developments.

Greg Bock
About the author
Greg Bock

Greg Bock is an award-winning investigative journalist with more than 25 years of experience in print, digital, and broadcast news. His reporting has spanned crime, politics, business and technology, earning multiple Keystone Awards and a Pennsylvania Association of Broadcasters honors. Through the Associated Press and Nexstar Media Group, his coverage has reached audiences across the United States.

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