The UK just collected billions in AI pledges on day one of London Tech Week
The UK just collected billions in AI pledges on day one of London Tech Week

London Tech Week opened the way these events increasingly do: with a leaderboard of investment pledges. By the end of the first morning, the UK had collected several billion pounds in AI commitments, most of it aimed at the unglamorous machinery of com…

JPMorgan poaches Nomura’s international AI strategy chief as Dimon doubles down on AI hiring
JPMorgan poaches Nomura’s international AI strategy chief as Dimon doubles down on AI hiring

JPMorgan Chase is hiring Nomura Holdings’ international head of artificial intelligence strategy, according to Bloomberg, as the largest US bank by assets accelerates its recruitment of AI specialists. Singapore-based Tahir Zafar, who joined Nomura in …

South Korea’s AI chip boom is so strong it’s crushing the bond market
South Korea’s AI chip boom is so strong it’s crushing the bond market

The AI boom that has made Samsung and SK Hynix trillion-dollar companies and sent the Kospi up roughly 80% is doing something unusual to South Korea’s bond market: destroying it. Korean government bonds have lost 7.5% in 2026 in local-currency terms, t…

Mexico unveils the Olinia Uno, an $8,600 government-backed electric vehicle designed for city streets
Mexico unveils the Olinia Uno, an $8,600 government-backed electric vehicle designed for city streets

Mexico’s government-backed electric vehicle project Olinia has unveiled its first prototype, a six-seat passenger vehicle called the Olinia Uno, at a ceremony where President Claudia Sheinbaum drove the car onto a stage inside a Mexican Air Force hanga…

Spotify is licensing live concert video and reserving tickets for superfans
Spotify is licensing live concert video and reserving tickets for superfans

Spotify has approached concert promoters about licensing the rights to stream live video from music festivals, according to Bloomberg, as the Swedish streaming company pushes to become a broader hub for the live music economy. The company has already s…

China wants slimmer EVs after batteries and features made them too heavy for parking spaces
China wants slimmer EVs after batteries and features made them too heavy for parking spaces

China wants its electric vehicles to go on a diet. The average passenger car in the country weighed 1,704 kg in 2024, roughly a third more than in 2012, state broadcaster CCTV reported on Sunday. Many popular SUVs and MPVs now approach or exceed 2 metr…

UK plans to buy AI chips from British firms to stop them leaving for the US
UK plans to buy AI chips from British firms to stop them leaving for the US

The UK government will offer to buy AI chips directly from British technology companies in a bid to keep them in the country. Technology Secretary Liz Kendall will outline plans for “strategic purchases” of semiconductor equipment from UK-based firms a…

Kyle Vogt’s Bot Company is being sued for turning an Airbnb into a robot lab
Kyle Vogt’s Bot Company is being sued for turning an Airbnb into a robot lab

A San Francisco Airbnb host is suing The Bot Company, the $2 billion robotics startup founded by ex-Cruise CEO Kyle Vogt, for allegedly using his home as a secret robot testing lab. Sean Donovan claims workers booked his Portola neighbourhood property …

Trump signs memo putting ‘most advanced AI’ into military hands and banning vendors from pulling the plug
Trump signs memo putting ‘most advanced AI’ into military hands and banning vendors from pulling the plug

President Trump signed a national security presidential memorandum on Friday ordering the US military and intelligence agencies to accelerate their adoption of cutting-edge AI. The directive, NSPM-11, establishes a framework for “rapid onboarding of th…

OpenAI adds Lockdown Mode to ChatGPT to block data theft from prompt injection attacks
OpenAI adds Lockdown Mode to ChatGPT to block data theft from prompt injection attacks

OpenAI has begun rolling out Lockdown Mode to ChatGPT, a new security setting designed to block attackers from stealing data through prompt injection attacks. The feature disables live web browsing, agent mode, deep research, image retrieval, Canvas ne…