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Technology



Wall Street banks accelerate AI assistant adoption in race for productivity gains

Wall Street's biggest banks are rapidly expanding their use of artificial intelligence-powered digital assistants as they seek to improve efficiency, streamline operations and gain a competitive advantage in an increasingly technology-driven financial sector. From wealth management and customer......

Meta launches Muse Spark 1.1, opens AI Model to developers in public preview

Meta Platforms has officially opened developer access to Muse Spark 1.1, the latest version of its flagship reasoning AI model, marking a significant step in the company's effort to compete directly with leading AI providers such as OpenAI and Anthropic. Announced on Thursday, the public preview......

Apple signs more than $30 billion semiconductor deal with Broadcom through 2031

Apple has strengthened its long-standing partnership with semiconductor designer Broadcom by placing orders worth more than $30 billion for chips that will be manufactured in the United States and integrated into a broad range of future Apple devices. The agreement underscores Apple's continued......

SambaNova reaches $11 billion valuation after securing $1 billion AI funding

Artificial intelligence chip developer SambaNova has raised $1 billion in a major late-stage funding round, lifting the company’s valuation to $11 billion as demand grows for specialised computing infrastructure designed to support advanced AI systems. The funding round was led by investment firm......

OpenAI expands public access to GPT-5.6 as next-generation AI model rolls out globally

OpenAI is set to expand public access to its latest flagship artificial intelligence model, GPT-5.6, marking the end of an initial preview phase that was limited to a small group of U.S.-based partners. The company announced that the GPT-5.6 family of models—including Sol, Terra and Luna—will......

Synopsys shifts focus to AI by phasing out legacy semiconductor manufacturing software

Synopsys is scaling back part of its semiconductor manufacturing software portfolio as the U.S. technology company redirects investment toward higher-growth artificial intelligence design tools, signaling a strategic shift in the rapidly evolving chip industry. According to sources familiar with the......

Microsoft cuts 4,800 jobs as AI investments reshape Big Tech workforce

Microsoft is eliminating approximately 4,800 jobs, representing about 2.1% of its global workforce, as the technology giant accelerates investment in artificial intelligence while seeking greater operational efficiency. The workforce reduction reflects a broader trend across the technology sector, where......

AI helps small mental health startup scale rapidly from idea to multi-state operation

A Virginia-based mental health startup has highlighted how artificial intelligence is increasingly shaping entrepreneurship, after using AI tools to move from an initial concept to a multi-state healthcare provider in just over a year. The company, Here Now Health, has grown from a home-based idea into......

Google limits Meta’s access to Gemini AI amid growing computing capacity pressure

Google has reportedly restricted Meta Platforms' access to its Gemini artificial intelligence models as demand for advanced computing resources continues to outpace available infrastructure across the technology industry. According to reports citing sources familiar with the matter, Google informed......

Anthropic enters scientific AI race with launch of Claude Science

Anthropic has unveiled Claude Science, a new artificial intelligence platform developed specifically for researchers, life science organizations, and pharmaceutical companies, marking the company's latest move to expand its presence in the enterprise AI market. The announcement was made during......

Artificial intelligence boom drives U.S. energy deals to record highs

The rapid expansion of artificial intelligence is reshaping the U.S. energy sector, driving merger and acquisition activity to record levels as companies race to meet the soaring electricity demand generated by AI-powered data centers. According to industry research, the value of mergers and acquisitions......

Ford brings back quality engineers after AI inspection falls short

Ford Motor Company is reinforcing the role of human expertise in vehicle manufacturing after discovering that artificial intelligence-powered quality inspection systems were unable to consistently meet the company's production standards. The American automaker has rehired approximately 350 experienced......

OpenAI hires Apple’s smart glasses executive to strengthen AI hardware ambitions

OpenAI has strengthened its growing hardware division by recruiting Paul Meade, a senior Apple executive who played a key role in the development of the Vision Pro headset and the company's smart glasses initiative. According to reports, Meade is expected to leave Apple in the coming weeks to join......

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