Masayoshi Son says AI will need $5tn of investment a year by 2040 and calls bubble questions absurd, at SoftBank’s annual conference in Tokyo.

Ericsson’s Q2 revenue fell 6% to SEK 52.7bn, but adjusted operating profit beat forecasts. Ekholm is warning about component costs and pricing.

Australia’s eSafety Commissioner says Apple, Meta, Google, and others have significant gaps in detecting sexual extortion and child sexual abuse online.

Intel is investing €5bn ($5.7bn) to upgrade its Leixlip campus in Ireland and build more Xeon processors on the Intel 3 node, with most of the spend due by 2027.

Bloomberg’s index puts DeepSeek founder Liang Wenfeng at $36bn after a $50bn revaluation, ahead of Dario Amodei and Greg Brockman.

The White House plans to ask utilities, data centre operators, and governors to pledge that AI power demand will not raise household electricity bills.

The Seoul High Court has suspended the FTC’s designation of Coupang founder Bom Kim as the group’s controlling figure while his lawsuit against the regulator proceeds.

An April email released under access-to-information rules shows Canada’s OSFI warning bank technology chiefs about Anthropic’s Claude Mythos.

Thomson Reuters is cutting engineering roles as it deploys AI across legal and tax products. It says a small number. Staff were told up to 500.

Nvidia has more than halved its list of Asian customers cleared to buy AI chips, adding a white list and tougher vetting in Singapore, Malaysia, and Japan.

The Pentagon has suspended CMMC Phase 2 cybersecurity audits, citing prohibitive costs and a shortage of assessors driving small contractors out.

China’s smartphone shipments fell 4.3% to 66 million units in Q2 2026, a fifth straight decline, as memory costs pushed Android prices up. Huawei and Apple grew.