Iranian hackers were behind the cyber-attack that forced parts of the Los Angeles County Metropolitan Transportation Authority offline in March, according to research published on Tuesday by Gambit Security, a Tel Aviv cybersecurity firm that says it traced 700 gigabytes of stolen emails, backups and other files back to a server tied to a previously identified Iranian […]
Pony AI, the Beijing-based driverless car company, raised its 2026 year-end robotaxi fleet target on Tuesday to more than 3,500 vehicles, up from a previous 3,000, after reporting first-quarter robotaxi revenues that rose 395% year-on-year. The revised guidance came in the company’s Q1 2026 earnings release on Tuesday. Pony AI’s robotaxi fleet has already passed 1,700 vehicles, […]
SR Ventures Management Co., one of the earliest backers of the Chinese social commerce app Xiaohongshu, is raising about $350m for a new China-focused venture fund and is using its existing stake in the app, known internationally as RedNote, as the central pitch, according to a Bloomberg report on Tuesday citing people familiar with the […]
The OpenAI chief, speaking in the Asia-Pacific, walked back the more dramatic predictions of broad employment collapse. The data, so far, agrees with him. OpenAI chief executive Sam Altman said on Tuesday that artificial intelligence was unlikely to trigger the broad employment collapse that has come to be known, in the industry’s own shorthand, as […]
IBM India’s Sandip Patel says the country can become the world’s AI skill capital by 2030. The arithmetic of getting there is harder than the headline number suggests. ndia has roughly six hundred million workers, and on a recent Bengaluru morning, the head of IBM’s India business put a number on how many of them […]
Sitting alongside Pope Leo XIV at the launch of Magnifica humanitas, the company’s interpretability lead conceded that frontier-lab incentives can pull researchers away from doing the right thing. Christopher Olah, Anthropic’s co-founder and the head of its interpretability research, used his seat at the Vatican on Monday to make an argument that no leader of […]
Magnifica humanitas calls for breaking up monopolistic control of the technology, rules out algorithmic warfare, and is being presented alongside Anthropic co-founder Chris Olah. Pope Leo XIV used the first encyclical of his pontificate, published in Rome on Monday, to call for the disarmament of artificial intelligence. The 245-paragraph document, titled Magnifica humanitas, frames AI […]
The 71,000-square-metre Hagastaden campus, signed with Atrium Ljungberg and Castellum, ends more than two decades in the suburb once branded Sweden’s Silicon Valley. Ericsson is moving its global headquarters out of Kista. The Swedish telecoms-equipment maker said on Monday that, starting in 2028, it will gradually relocate its Stockholm operations, including the HQ, R&D functions, […]
GlobalData’s count puts the country well clear of the rest of Europe and inside the global top five, but more than 40% of the total came from just three companies: Nscale, Wayve, and Ineffable Intelligence. UK-domiciled companies raised $10.5bn of venture capital between January and April 2026, roughly double the figure for the same period […]
On a base of 1.5 gigawatts of installed capacity and a national plan to reach six to eight, the French infrastructure group sees its India unit becoming its single biggest business within five years. Schneider Electric expects its India data-centre business to grow faster than the rest of the company, and faster than the core […]
