Novartis will pay $1.1bn upfront and up to $400m in milestones for Myricx Bio, a UK firm developing a novel payload for antibody-drug conjugates.

Nvidia's Kyber rack for its 2027 Rubin Ultra chips has slipped to 2028 over a hard-to-build circuit board, SemiAnalysis says, giving rivals an opening.

As a UN dialogue on AI governance opens in Geneva, António Guterres warns AI is advancing faster than governments can measure or regulate it.

P&G, Unilever and Mondelez are using AI to formulate products and run campaigns, compressing timelines that once took years into weeks.

Analysts expect Samsung to report around 86 trillion won in Q2 operating profit, roughly 18 times last year, as AI memory prices surge.

Samsung workers in phones, TVs and appliances will rally in Suwon over a bonus deal that gives chip staff up to 600 million won and them 6 million.

AI has made it significantly easier and cheaper to build software internally, which is causing many executives to rethink SaaS subscriptions through a narrow cost-cutting lens.

Seoul wants record Samsung and SK Hynix profits to bankroll AI investment and fight inequality via a new "future response fund", Yonhap reports.

Universal's latest Minions film won the July 4 weekend with $64m, but it is the weakest Despicable Me opening yet, half its predecessors' hauls.

Doubao and Qwen are pulling user-created agents before Beijing's July 15 rules on humanlike AI interaction, the world's first such framework.

A US judge restored Alibaba's access to Washington lobbyists while weighing whether the Pentagon-linked ban is constitutional.

New Delhi gives Meta seven days to explain how paid CSEAM ads passed Instagram's review, escalating a probe triggered by a BBC investigation.