Anthropic is funding Amii, Mila, Vector Institute, and five other Canadian institutions. Canada ranks second worldwide in per-capita Claude usage behind the US.
Twelve state attorneys general sued to block Paramount's $110 billion acquisition of Warner Bros Discovery, but the company says it can close by September.
A federal lawsuit accuses Meta of using AI productivity scores and token usage metrics that penalised workers on medical leave when selecting layoff targets.
Brussels has carved wearables out of its battery law, clearing the way for Meta's glasses. Nintendo, meanwhile, is pulling the Switch from Europe.
IBM issued preliminary Q2 results showing revenue of $17 billion, below analyst estimates, as clients shifted spending and large deals failed to close.
Prediction markets exchange Kalshi has built a forward curve tracking GPU compute costs, joining CME and ICE in the race to financialise AI infrastructure.
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.
India’s Udaan secures $160 million in new funding as it races to fix its balance sheet before an IPO
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.
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