Eternal and Swiggy have lost more than $15bn in market value as Amazon expands its ‘delivery in minutes’ network across India.

Short hundreds of thousands of skilled workers a year, Germany is framing fast-rising AI adoption as a partial fix for its labour gap.

Austria has urged the EU to explore hosting Anthropic inside the bloc after Washington cut foreign access to the company’s top AI models.

Prosus reported ~$7.3bn revenue for the year to March 2026, with headline EPS up 91–100% on stronger e-commerce and Tencent results.

CXMT has agreed to supply Tencent with about $3bn of memory chips, two people told Reuters, deepening China’s memory self-sufficiency push.

Kunlunxin asked IPO investors to also commit to purchasing its AI chips, The Information reported. Hong Kong raised nearly $44 billion in share sales in H1 2026.

Australian AI infrastructure firm Firmus will build a 360MW Nvidia DSX campus in Batam, Indonesia, with access to 170,000 Nvidia chips through 2028.

Jacob Andreou was promoted to EVP of Copilot after one year at Microsoft. He is merging consumer and enterprise teams and building a super app with Autopilot.

Micron's market cap hit $1.27 trillion as AI memory demand drove revenue up 4x to $41.45 billion. It has signed 16 long-term supply deals to avoid a bust cycle.

California's new budget extends sales tax to prewritten software downloads, expected to raise $900M for the state. A ballot measure would save AI IPO windfalls.

Google placed limits on Meta's use of Gemini AI models after demand exceeded available capacity. Meta told staff to conserve AI tokens, the FT reports.

Anthropic's Claude Tag launched as an AI teammate inside Slack, but some Salesforce employees worry it competes directly with Slackbot and Agentforce.