TNW News : Business

Four European automakers announced military vehicle partnerships in the past week. Ineos is bidding for a UK Ministry of Defence contract. Daimler Truck launched a dedicated defence brand. Renault partnered with Thales for armoured vehicles. Mercedes-Benz teamed up with a German startup to build anti-drone platforms. The European car industry is retooling for rearmament. Ineos […]

TNW News : Business

Microsoft is considering putting a Chinese AI model inside its enterprise Copilot, and the reason is money. The company told Axios it is exploring a self-hosted, fine-tuned version of DeepSeek V4, or another open-source model, as a cheaper option to power Copilot Cowork, the agentic assistant in its Microsoft 365 suite. It expects to offer […]

TNW News : Business

Amazon’s advertising business has become its quiet money machine. It may also be its next big regulatory headache. The US Federal Trade Commission has drafted a potential complaint accusing Amazon of misleading advertisers, a case that could lead to billions of dollars in civil penalties, Bloomberg reported on 16 June, citing people familiar with the […]

TNW News : Business

A reported deal worth more than $3bn fell apart over a US-government security framework Oracle was unwilling to add, according to Business Insider. Oracle calls the account inaccurate. The story of the AI build-out is usually one of companies signing for more capacity than anyone thought possible. This is the rarer version: a deal that […]

TNW News : Business

Intel said on Tuesday that the next iteration of its 18A manufacturing process, designated 18A-P, has entered risk production, the stage at which a chipmaker runs the process on real hardware to prove it works before committing to mass volumes. The announcement is less about a single chip than about a promise Intel has spent […]

Tech Insider : Business, Technology, Travel
Meta CTO Andrew Bosworth.
Meta CTO Andrew Bosworth.
TNW News : Business

OpenAI still rules AI by sheer size, but it is no longer running away with it. ChatGPT’s apps crossed 1 billion monthly users in May, the fastest any app has reached the milestone, according to Sensor Tower’s State of AI 2026 report. Yet on the metric that pays the bills, Anthropic’s Claude is pulling ahead: […]

TNW News : Business

SpaceX is now worth more than Amazon, at least for as long as the rally holds. Shares of the rocket company rose more than 10% on Tuesday, extending a run that began at its market debut and putting it on course to become the world’s fifth most valuable listed company, four trading days after it […]

Tech Insider : Business, Sports, Technology
the president of Bacardi North America smiles for a crowd
Tony Latham.

This as-told-to essay is based on a conversation with Tony Latham, the 53-year-old President of Bacardi North America, based in Miami. It's been edited for length and clarity.

TNW News : Business

Ineffable Intelligence, the London startup founded by the DeepMind researcher behind AlphaGo, has named Google Cloud as the infrastructure partner for its frontier AI lab. The deal, announced at Google Cloud’s London summit on 16 June, gives a company with grand ambitions and no product the computing scale its founder says the work demands. The founder […]