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Global Market: SoftBank earnings in focus as AI investment push raises funding, debt questionsSoftBank faces investor scrutiny over financing its AI expansion and managing debt. The company plans to fund significant AI commitments wh...
SoftBank's AI funding plans to face reckoning at earningsSoftBank announced record net profit in the year ended March 2026, but its share price has dropped by almost half since the start of June, ...
Amazon joins $3 trillion club as AI, cloud growth fuel stock rallyAmazon crossed a $3 trillion market valuation after strong earnings and robust cloud growth reinforced confidence in its AI investments. Sh...
Britain says it is open to AI regulation if voluntary safeguards fall shortThe UK government is contemplating the regulation of advanced AI models if ongoing voluntary testing proves insufficient. Unlike the string...
Sarvam to raise $75 million from Nvidia, Glade Brook, others as part of ongoing funding roundSarvam AI has secured $75 million from Nvidia and other investors. This investment is part of a larger $300 million funding round. The comp...
Amazon completes $50 billion OpenAI investement as ChatGPT maker nears IPOThe investment completes one of the biggest funding deals in the artificial intelligence (AI) sector, giving Amazon a roughly 5% stake in O...
EU to crack down on AI deepfakes, illicit imagery and hacking with new team in BrusselsThe European Union has launched a new team to regulate AI companies worldwide. This initiative aims to track AI model usage for violations ...
Ex-OpenAI employee's hedge fund Situational Awareness hit by AI stock rout; seeks fresh fundingSituational Awareness hedge fund is seeking new capital after significant losses. The fund experienced heavy declines as artificial intelli...
AI on the loose: Why ChatGPT, Claude models went rogue and what happens nextDays after one of OpenAI's ChatGPT agents went rogue during a "contained testing", one of Claude maker Anthropic's AI models has also hacke...
Sarvam lines up full-stack AI strategy to take on OpenAI, AnthropicSarvam is building a complete AI stack to challenge global leaders. Their large language models will offer Indian language support at lower...
Microsoft CEO Satya Nadella's warning on AI: Companies that 'outsource thinking' may not surviveMicrosoft CEO Satya Nadella cautions businesses about AI provider dependency. He urges companies to retain control over their data and AI o...
German minister urges faster AI self-sufficiency after OpenAI test breachKarsten Wildberger told Reuters the incident highlighted the need for both stronger safeguards and greater European self-sufficiency in AI,...
Explained: Why Microsoft shares rallied 9% in extended trading after Q4 earnings despite AI worriesMicrosoft shares surged nearly 9% in extended trading after the software giant reported stronger-than-expected Q4 earnings and Azure cloud ...
GPT-5.6, ChatGPT Work lift OpenAI’s July ARR over Q2OpenAI's revenue growth has surpassed second-quarter levels, driven by new product launches. The company is expanding its customer base to ...
Nvidia to invest $5 billion in Ilya Sutskever's AI startupThe two companies announced the deal Monday morning without disclosing financial terms. The funding will boost SSI's available computing ...
Nvidia in talks with OpenAI to guarantee $250 billion financing for data centre: WSJThe power for the project is controlled by the US government and funded separately by Japan under a recent trade deal, with US Commerce S...
Sam Altman ‘we are now in the singularity’, OpenAI CEO reveals why he believes humanity has entered an AI era once thought possible only in science fictionOpenAI CEO Sam Altman says humanity has entered the "singularity," a point where artificial intelligence is advancing beyond what once seem...
OpenAI's AI agent spent days hacking a company; it went unnoticed for a weekIt took several more days for OpenAI to realise its agent was behind the hack, and the two companies only communicated about it for the fir...
AMD says its newest AI server is in full production, will ship in monthsThe Helios servers will contain AMD's latest MI455X AI accelerator with its new Venice central processor, both of which are made by Taiwan ...
Southern Company unit signs 25-year power deal with OpenAIOpenAI, which is expected to need about 3,200 megawatts (MW) of power for its new facility, has agreed to provide up to 1,000 MW to the Sou...