AMD CEO Lisa Su sat down with Chinese Vice Premier He Lifeng at the Great Hall of the People in Beijing on Monday, a meeting that underscores how US chipmakers are scrambling to protect their foothold in the world’s second-largest semiconductor marke…
Meta is building the most expensive single piece of private infrastructure in American history. Hyperion, the company’s AI data centre campus in Richland Parish, Louisiana, now carries a projected cost of more than $200 billion, a figure that has grown…
The Shay Levi-led enterprise AI delivery platform has doubled its total funding to $100m and is posting numbers, including 400% net revenue retention, that put it in the top decile of any enterprise-software vintage. Unframe, the Cupertino-based manage…
The British bank’s new note estimates humanoid robots can offset 60% of the projected labour-force decline by 2035, with China’s workforce shrinking by 37 million people over the next ten years. Up to 24 million humanoids would be needed. Barclays publ…
Bill Winters told investors in Hong Kong that the bank’s HR, risk and compliance functions will shrink by more than 15% over five years, with the headcount efficiency aimed at lifting income-per-employee 20% by 2028. Standard Chartered will cut more th…
The A$410bn pension fund is comparing the disruption to what retail and consumer services have already experienced. ASIC is already monitoring frontier-AI risks across the Australian financial system. AustralianSuper, the country’s largest pension fund…
The two have formed a joint venture to build a US-based AI compute-as-a-service business on Google’s TPUs, with $5bn of Blackstone equity, $25bn total deal value including leverage, and 500 MW of capacity targeted for 2027. Blackstone and Google have f…
The Project Glasswing partners can now pass vulnerability findings to other security teams, industry bodies, regulators, open-source maintainers and the press, under responsible-disclosure norms. The defender pool just got wider. Anthropic said on Mond…
Chief People Officer Janelle Gale’s Monday memo described ‘smaller teams’ and a ‘flatter’ structure built around new AI groups for agents, apps, and infrastructure. Layoffs are due later this week. The Meta Saga continues with layoffs and “reassigning”…
The Paris-based open-weights lab is acquiring an Austrian startup whose models handle airflow, heat transfer, and material stress, targeting aerospace, automotive, and semiconductor customers. Terms were not disclosed. Mistral AI, Europe’s most promine…