UiPath CEO Daniel Dines, whose company automates office work, is urging business leaders not to rush into cutting jobs as they adopt AI, warning that hasty layoffs destroy unmeasured value and that AI…
British-founded startup Build raised $8.5M in seed funding led by Index Ventures to automate the due-diligence paperwork for data centres and other infrastructure projects. The company claims its AI p…
London-founded MDOTM raised $27 million in growth-equity funding led by Expedition Growth Capital to scale its AI platform Sphere, which automates portfolio management and client reporting for banks a…
ER Steel, a global structural steel fabricator, argues that responsible AI infrastructure development requires integrated construction coordination, modular fabrication, and energy diversification, no…
Belgian cybersecurity unicorn Aikido Security acquired Israeli startup Root for an estimated $70-100 million to integrate AI agents that patch open-source vulnerabilities without breaking applications…
Base44, a Tel Aviv startup acquired by Wix for $80 million, launched its own proprietary AI model called Base1 for vibe coding, claiming it is the first app-creation platform to ship its own model rat…
OpenAI announced its first hardware product, the Codex Micro, a macro pad built with Work Louder for users of its AI coding tool Codex. The device, teased on July 15, is a niche accessory for develope…
AI video startup Higgsfield, founded in 2023, is in talks to raise $300mn to $500mn at a $5bn valuation, quadrupling its January worth. The company has reached a $500mn annualized revenue run rate, dr…
Security researchers at LayerX developed a technique called BioShocking that tricked six AI browsers, including OpenAI's ChatGPT Atlas and Perplexity's Comet, into leaking user passwords by convincing…
DeepSeek, the Chinese AI startup that ignited a price war by undercutting rivals, will double API prices for its V4 models during peak hours in Beijing, marking its first time-based surcharge. The mov…
Healthcare AI is deploying disconnected point solutions like chatbots and fall-detection tools without addressing whether the underlying system was designed around people, according to Freddy del Barr…
The UN's first global AI science panel warned Wednesday that the window to govern artificial intelligence is closing, as the technology outpaces regulation. The preliminary report from the Independent…
TikTok is considering cutting about 300 jobs at its Dublin hub, affecting roughly a tenth of its local workforce, as part of a restructuring of its AI data service and operations team. The proposed re…
Apple CEO Tim Cook and EU tech chief Henna Virkkunen held a video call on Monday to discuss the delay of Siri AI in Europe due to Digital Markets Act compliance issues, but no breakthrough was reached…
OCBC plans to raise annual technology spending to more than $771mn, as new CEO Tan Teck Long doubles down on AI and digital banking. The increase, one of Tan's first strategic signals since taking ove…
Asia's factories expanded for a seventh straight month in June, driven by surging demand for AI hardware such as chips and servers, according to PMI data. The growth offset headwinds from the Iran war…
The US Commerce Department lifted export controls on Anthropic's Claude Fable 5 and Mythos 5 models, ending a three-week freeze that had pulled the models offline. The reversal came after Anthropic ag…
Google released Nano Banana 2 Lite, its fastest and cheapest AI image generator, producing images in four seconds for under four cents per thousand images. The company also expanded access to its Gemi…
Schneider Electric acquired Norwegian industrial AI company Cognite for $3.1bn in cash, aiming to integrate its data and AI platform into its Aveva software unit. The deal positions Schneider to lead …
Anthropic launched Claude Science, an AI workbench for scientists that integrates databases, code tools, and compute into a single environment with an AI agent to automate research workflows. The beta…