NVIDIA chief executive Jensen Huang told a Taipei audience at Computex 2026 on Wednesday that Taiwan is the “epicentre” of the AI revolution, and that the company’s annual spending on the island will reach roughly $150bn a year. The number, the highest…
Drew Houston, the co-founder who built Dropbox from a Y Combinator demo into a company with more than 700 million registered users, is stepping down as chief executive. Ashraf Alkarmi, Dropbox’s current head of product, has been named co-CEO effectiv…
Felipe Sinisterra and Dave Wang, two ex-bankers, are booked out for the next two months teaching financial institutions to actually use the AI tools they have already bought. Felipe Sinisterra and Dave Wang, two former investment bankers, are charging …
Quantinuum, the quantum-computing company majority-owned by Honeywell, is targeting a valuation of $12.7bn in its US IPO, according to a Reuters report on Tuesday, a level materially below the $20bn-plus figure that circulated earlier in May when the c…
The 24 hours since Pope Leo XIV published his first encyclical, Magnifica Humanitas, have produced something unusual: a papal document being read in earnest by financial and policy capitals as a piece of tech-regulation analysis rather than a piece of …
BNP Paribas is working with Mistral AI to prepare for a category of AI cybersecurity tools its US peers already use and its European supervisors cannot reliably get hold of, according to a Bloomberg report on Tuesday. The Paris-based bank, the eurozone…
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 t…
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…
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 cen…
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 tr…