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.

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.

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

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.

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.

Nscale’s £2bn Essex data centre can’t get grid power in time to open, forcing it to seek its own electricity as UK connection queues stretch for years.

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

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.

Uber robotaxi lobbying in DC and New Jersey pushes a “hybrid network” rule that would make driverless cars share a platform with human drivers.

Pasqal is listing on Nasdaq via a SPAC at a $2bn valuation, about 100x revenue. Its filings warn quantum may never pay off, and France can vet buyers.

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.

Meta is pushing brands onto its AI ad tools, but advertisers say they produce gibberish copy and altered products, and that Meta blames them for it.