Artificial intelligence seems to be creating increasingly interconnected enterprise ecosystems, expanding the complexity of how organizations govern technology across their operations. As AI becomes more deeply embedded in critical workflows, maintaining visibility into system dependencies appears to emerge as a significant leadership consideration. According to an AI sovereignty study, 91% of surveyed executives said they do […]
Britain is spending £2bn to train its army inside a simulation. It has handed the job to an American defence giant, with a German one taking a slice. The UK has signed a £2bn ($2.7bn) contract to train its soldiers with artificial intelligence. The deal, announced by the Ministry of Defence on Friday, runs for […]
Big Tech built its reputation on mountains of cash. It is building its AI empire on debt, and the bill is starting to land in Europe. The five biggest builders of AI data centres in the US have doubled their debt over five years. Together, Alphabet, Amazon, Meta, Microsoft and Oracle have piled on about […]
The letter reads like a founder’s article of faith. The share sale underneath it tells a harder story. The founder of MiniMax has told staff he will take no salary until the Chinese AI company builds artificial general intelligence. On the same day, MiniMax moved to raise as much as $2bn from investors. Its shares […]
A three-year-old startup run by a 23-year-old is in talks to double its worth to $20bn. The numbers are dazzling. Read the footnotes. Mercor, the AI training marketplace, has told investors it can raise at a $20bn valuation. It says it already holds at least one term sheet at that price, Bloomberg reports. The talks […]
Anthropic is the hottest stock in private tech. It is also one of the hardest to buy, and that is exactly why the price keeps climbing. Shares in Anthropic are changing hands on secondary markets at an implied valuation of $1.2 trillion, Business Insider reports. That is a 550% jump in a year. It puts […]
Britain’s banks run on four American clouds. The Treasury reckons two-thirds of UK firms lean on the same handful. Now the regulators are stepping in. The UK has named Microsoft, Google, Amazon and Oracle as “critical third parties” to its financial system, as Reuters first reported. The designation takes effect on 13 July. These are […]
Japan’s biggest payments app and its most famous convenience-store chain may be about to get closer. SoftBank and its payments arm PayPay are in talks to invest in Seven & i Holdings, the retailer behind 7-Eleven, according to Bloomberg, which reported the discussions on Friday. Neither the size nor the structure of any deal has […]
SAP has talked its way out of an EU antitrust fine. The European Commission said it would accept a set of commitments from the German software group, closing an investigation into how SAP handles maintenance and support for its on-premise enterprise software and sparing it a penalty that could have run into the billions. It […]
Manus was, briefly, one of the most valuable exits in Chinese AI. Meta agreed to buy the agentic AI startup for more than $2bn late last year, then watched Beijing block the deal on national-security grounds. Now the company is being bought back by the people who owned it in the first place, and Tencent looks set […]
