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IBM shares plunge after preliminary Q2 revenue falls short of estimates despite surging AI bookings

Upwind links compromise of multiple AsyncAPI npm packages to coordinated attack on software release process

Kalshi builds a forward curve for computing power as exchanges race to turn GPUs into a tradable commodity

Dimon says AI already eliminated 30 to 40 percent of jobs in some JPMorgan divisions

India’s Udaan secures $160 million in new funding as it races to fix its balance sheet before an IPO

Demis Hassabis wants a Wall Street-style referee for AI, with the power to hit pause

Britain’s flagship AI data centre can’t get the power to switch on

Medical AI was meant to help. This week it replaced nurses and dodged its own checks

Microsoft promised to be carbon negative. Its emissions just jumped 25%

Uber lost the self-driving race. Now it wants to write the rules

Meta is pushing brands onto its AI ad tools. The results are a mess

Pasqal’s SPAC filings reveal a $2bn French quantum bet, and a French kill switch

Flex raises $70m from Ryan Smith’s Halo fund to take its AI private bank global

xAI is running 59 unpermitted gas turbines, twice what it has admitted

Moneybox is Europe’s newest unicorn, and it’s testing London’s new private market to prove it

‘Listing is a must’: China’s LimX raises $200m as the humanoid IPO race heats up

ECB names 36 payment firms for the digital euro pilot

New York freezes new data centres for a year, the first US state to pull the brake

The father of reinforcement learning is leaving Carmack to build his own AI

Tower Semiconductor puts $3bn into Japan, and Tokyo is paying for a third of it

Switzerland opens a competition probe into Google’s vanishing Android choice screen

Huawei Digital Power now rivals Tesla’s energy division in revenue

OpenAI wants its legal fees from xAI, while Apple comes for OpenAI

DeepSeek’s Liang Wenfeng overtakes Amodei and Brockman as AI’s richest founder

Ericsson revenue falls 6% as component costs bite and licensing income dries up

Finland’s NestAI is building the AI layer Europe’s militaries want to own

Intel commits $5.7bn to Xeon production in Ireland

Australia finds serious gaps in Big Tech’s response to child sexual abuse online

Masayoshi Son says AI will cost $5tn a year by 2040, and calls bubble talk absurd

Seoul court suspends the order making Coupang’s founder its controlling person

China smartphone shipments fall for a fifth quarter as memory costs bite

The White House’s next AI energy pledge targets the utilities

Thomson Reuters is cutting engineers and hiring AI-native ones

Nvidia builds a white list: more than half of its Asian customers are off it

Canada’s banking regulator named Claude Mythos in a warning to banks

Pentagon pauses the cyber audit rule that was pushing small suppliers out

Twelve states are suing to stop the Paramount-Warner deal that Washington already waved through

Tesla’s Cybercab drove across a car park, and the real news happened two days earlier

Google’s big Waze AI update includes a button that makes the app shut up

Intel is putting 5 billion euros into Ireland, and Europe just got one of the few EUV fabs on the continent

Nadella says you pay for AI twice, and Microsoft helped build the trap

AI is ending older workers’ careers early, and it is coming for the well-paid ones first

The web is now mostly bots. Cloudflare is rebuilding its defences around that

Valarian raised $50m to help governments use US cloud without losing control of it

The EU has stopped sanctioning Russian hackers and started sanctioning the machine that makes them

Helsing raises $1.8bn at an $18bn valuation, and its cap table tells a story

Meta’s Hyperion data centre hit $50bn, and split a Louisiana town in two

200 economists just admitted they can’t see where AI is taking the economy

Monzo founder Tom Blomfield joins Anthropic’s compute team

Decoupling from China would cost the West $23.6tn