Europe’s biggest software company is tightening its belt to chase artificial intelligence. SAP is freezing most hiring and pausing non-essential travel, all to free up cash for its AI push. The plan landed in an internal email to staff on Wednesday evening. Bloomberg saw the memo, and SAP confirmed the move to The Register. Going […]
The AI memory squeeze has been an industry story for months. Now it is heading for the till. Currys, Britain’s biggest consumer electricals retailer, has warned that phones, laptops and TVs will cost more later this year. Chief executive Alex Baldock delivered the warning to reporters after the company posted its annual results, as Reuters […]
For months, the fight between Anthropic and the Pentagon looked like a row over access to Claude. Court documents released this week suggest it was about something bigger: who decides how the US military uses frontier AI. The emails came out on Tuesday, in one of the lawsuits Anthropic has filed against the Department of […]
Zoom made its name on the video call. Now it wants to own everything that happens before the call too. The company is buying Common Room, a Seattle startup whose AI reads the buying signals of potential customers, pushing Zoom deeper into enterprise sales software. Zoom announced the acquisition on Thursday. It did not disclose […]
Argentina’s government wants to let a company trade with no person in charge of it, and it has sent Congress a bill to make that legal. The proposal creates a new category called the non-human corporation, an entity run by AI agents or robots that can sign contracts and hold assets on its own, with […]
Ransomware has always needed a skilled human somewhere in the loop. Security firm Sysdig says that just changed. It has documented what it calls the first ransomware attack run from start to finish by an AI agent, with no human at the keyboard. The researchers named the attacker JADEPUFFER, and say a large language model […]
Crusoe is reportedly in talks to raise about $3 billion in a new funding round that could triple its valuation to roughly $30 billion, according to Bloomberg News, which cited people familiar with the matter. Crusoe did not respond to a request for comment, and no terms, structure or lead investors have been disclosed publicly. […]
QTS, the data centre operator owned by Blackstone, has terminated its Digital Gateway project in Prince William County, Virginia, and withdrawn the legal filings that were keeping it alive. The move, confirmed on Thursday, ends a fight that had already outlasted most of the other parties involved in it. The project was approved in December […]
Europe has a new defence-tech heavyweight. Quantum Systems, a German maker of autonomous drones, has raised $1.2bn and more than doubled its valuation to about $8bn. It is one of the largest rounds ever for a European defence startup. The Bavarian company announced the Series D on Thursday. Blackstone, Noteus, Airbus, and Advent co-led it. […]
