A single European bank haggling with Amazon or Microsoft has almost no leverage. A few hundred of them haggling together might. That, stripped to its essence, is the recommendation Dutch regulators handed their government on Friday, in a report warning that Europe’s reliance on American technology is deepening rather than easing. The proposals came from […]
The United Nations’ digital agency has decided that AI agents are moving faster than anyone’s ability to trust them, and it wants to do something about it. On 9 July, the International Telecommunication Union used its AI for Good Summit in Geneva to launch an initiative aimed at keeping increasingly autonomous AI systems identifiable, accountable and […]
Fidji Simo announced her departure from OpenAI’s senior leadership the way many people learn hard news about their own bodies, gradually and then all at once. In a message on Thursday, she said a three-month medical leave had not gone as hoped, that recovery would be longer and more complicated than expected, and that she […]
OpenAI is shutting down ChatGPT Atlas, its AI-powered web browser, less than a year after launching it. The company is targeting 9 August for deprecation, The Verge reports. Atlas only arrived in October 2025, pitched as a browser that could carry out tasks on a user’s behalf. Nine months later, it is being retired. The move […]
Mark Zuckerberg has publicly confirmed that Meta is exploring an AI cloud business. Selling access to computing power “makes sense”, he said, according to Bloomberg. The confirmation puts the CEO’s name to a plan first reported earlier this month. Meta had been said to be weighing a venture, dubbed Meta Compute, to rent out its spare AI […]
Palo Alto Networks chief executive Nikesh Arora says the cost of running AI needs to plunge before businesses can deploy it at scale. He told CNBC on Thursday that token prices may need to fall by as much as 90%, according to CNBC. Arora was reacting to OpenAI’s claim that its new GPT-5.6 model is 54% […]
The pitch for enterprise AI usually starts with the model. Mark Hura, Oracle‘s president of global field operations, wants to flip that. He spoke on stage at the RAISE Summit in Paris. The companies winning with AI, he argued, are not shopping for an AI stack at all. They are chasing an outcome. Take a […]
Block, the payments company chaired by Jack Dorsey, has agreed to pay $45 million to settle claims from 46 US states that it mishandled fraud on Cash App, its money-transfer and digital-banking app. The settlement is the latest sign that state regulators are moving into ground the Consumer Financial Protection Bureau (CFPB) has vacated under the Trump […]
Meta plans to put its own artificial intelligence chip into production in September and is aiming to roughly double the computing capacity across its data centres, Reuters reported on Thursday, citing people familiar with the matter. The chip belongs to Meta’s in-house silicon line, the Meta Training and Inference Accelerator, or MTIA, which the company […]
Revolut has appointed Kuba Fast, the former chief executive of Chase UK, to run Revolut Bank UAB, the Lithuania-based entity that holds the fintech’s European banking licence. The move hands one of the industry’s most closely watched digital lenders a senior operator taken directly from JPMorgan Chase, as it presses on with a banking build-out […]
