IBM issued preliminary Q2 results showing revenue of $17 billion, below analyst estimates, as clients shifted spending and large deals failed to close.

Brussels has carved wearables out of its battery law, clearing the way for Meta's glasses. Nintendo, meanwhile, is pulling the Switch from Europe.

Indian B2B ecommerce firm Udaan has raised $160M combining fresh equity, new debt, and bond conversions as it prepares for a public listing within two years.

Prediction markets exchange Kalshi has built a forward curve tracking GPU compute costs, joining CME and ICE in the race to financialise AI infrastructure.

Huawei Digital Power booked 68.7bn yuan in 2025, up 24%, putting it within touching distance of Tesla’s $12.8bn energy division.

Demis Hassabis wants a US-led AI Standards Body, modelled on Wall Street’s FINRA, to vet frontier models before release, and to slow the industry if needed.

Jamie Dimon told analysts that AI has already eliminated 30 to 40 percent of jobs in some JPMorgan units, but competitive pressure will erase margin gains.

Microsoft emissions rose about 25% in 2025 to 20.3 million tonnes, driven by AI data centres, pushing its carbon-negative-by-2030 pledge further away.

China's LimX Dynamics raised $200m at a $2.21bn valuation. Its founder says “listing is a must” as 100-plus Chinese humanoid firms race to go public.

Montefiore nurses replaced by software, and a Mayo Clinic whistleblower alleging a tool with a 67% error rate.

New York has imposed a one-year moratorium on data centres drawing 50MW or more, the first US statewide freeze on the AI build-out.

Flex has raised a $70m Series B1 led by Ryan Smith’s Halo fund, and is launching Flex Global: stablecoin rails and multi-currency accounts in 100+ countries.