Micron surged 10% on Monday after losing 13% on Friday. Marvell jumped 9% on news of its addition to the S&P 500. The semiconductor sector bounced back from its worst single-day rout since 2020, when the Philadelphia Semiconductor Index fell roughly…
Lees meerPresident Donald Trump signed National Security Presidential Memorandum 11 on Friday, directing the US military and intelligence agencies to accelerate their adoption of advanced AI while protecting frontier models from theft by foreign adversaries.…
Lees meerThe UK government and ElevenLabs have signed a memorandum of understanding to explore how voice AI can improve public services, deepen safety research, and build AI talent in the UK. The MoU, signed by AI Minister Kanishka Narayan and ElevenLabs CEO…
Lees meerMost HRIS platforms sell you a vision of growth. Then they become the ceiling. The system that handled onboarding for your first 50 hires starts breaking at 200. Reports that worked fine for one office can’t accommodate three countries. The performa…
Lees meerAmerica’s hospitals are spending around $97bn a year renting staff they cannot train fast enough. Stepful thinks AI can fix the supply side, and investors have just handed it $55mn to try. The New York startup has raised a Series C led by healthcare…
Lees meerCheap flights and fast Wi-Fi have rarely gone together, and Europe’s budget airlines have had a good excuse: the maths has not added up. Wizz Air is betting that is about to change. The Hungarian ultra-low-cost carrier said on Monday it will offer S…
Lees meerThe last time Jim Bridenstine shaped America’s space ambitions, he ran NASA. Now he is betting he can build the hardware for the next phase of the space race, and he wants public investors to fund it. Quantum Space, the Maryland startup Bridenstine …
Lees meerFor years, the AI boom has run through a handful of factory floors in Taiwan. That dependence is starting to look risky enough that even Nvidia and Google are shopping for a backup, and the unlikely name on the list is Intel. Google has placed an or…
Lees meerThe AI boom runs on chips and electricity. It also runs on glass. Amazon is paying Corning billions of dollars for optical fibre to wire up its rapidly expanding US data centres, the two companies said on Monday. The multi-year agreement will create…
Lees meerThe US has found a new use for Europe’s swelling defence budgets: tearing out Huawei. Whether its allies are listening is another matter. The State Department’s China coordinator, Joshua Young, told officials in Brussels last month that NATO members…
Lees meerBending Spoons does not build many apps. It buys them, fixes the finances, and runs them. Now it wants Wall Street to buy a piece of the machine. The Milan-based group behind Evernote, WeTransfer, and Vimeo has filed for a US initial public offering…
Lees meerShoppers are starting to ask AI assistants what to buy, not just how to spell a word or what to cook for dinner. A new study suggests that when they do, most online stores are nowhere in the answer. The research, from AI commerce company Recomaze, r…
Lees meerLondon’s robotaxi era is starting with a sign-up form. Uber has opened a waitlist for Londoners who want to ride in a self-driving car, the clearest sign yet that driverless taxis are about to reach the capital’s streets. The rides will be powered b…
Lees meerFor decades, the networks inside data centres have run on electrical switches. They are power-hungry, generate enormous heat, and are increasingly the bottleneck that limits how fast AI systems can process and exchange data. Oriole Networks, a UK st…
Lees meerThe lobby of Hyundai’s Seoul headquarters now waters its own plants. On Monday it was also handling security and deliveries, a row of robots laid on for one important visitor: Jensen Huang. Nvidia’s chief executive was in the South Korean capital to…
Lees meerGermany has no shortage of heat pumps on paper. What it lacks is a way to get them sold, installed, subsidised, and paid off without the whole thing falling apart somewhere in the middle. GALVANY, a Berlin startup that runs the entire heat-pump jour…
Lees meerIn the 1990s, almost every US state sued the tobacco industry. The resulting settlements cost hundreds of billions of dollars and transformed how cigarettes were marketed, sold, and regulated. Senator Ed Markey said in March that Big Tech’s Big Toba…
Lees meerBetween commercial aircraft at 10km and conventional satellites at 500km lies a band of near-Earth space that has never been used commercially. Very low Earth orbit, or VLEO, sits at 200 to 300km, an altitude historically reserved for spy satellites…
Lees meerJPMorgan Chase is hiring Nomura Holdings’ international head of artificial intelligence strategy, according to Bloomberg, as the largest US bank by assets accelerates its recruitment of AI specialists. Singapore-based Tahir Zafar, who joined Nomura …
Lees meerIn May, Google’s Threat Intelligence Group confirmed the first known case of an AI system discovering and weaponising a zero-day exploit that was then deployed in the wild. A criminal actor used a frontier model to find a two-factor authentication b…
Lees meerMoonshot AI, the Beijing-based developer of the Kimi chatbot, is seeking as much as $2 billion in a new funding round that would value the company at $30 billion, Bloomberg reported on Sunday. If the round closes at that target, it would mark a seve…
Lees meer