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Technology



Scale AI appoints former Google Cloud executive Francis DeSouza as CEO

Artificial intelligence company Scale AI has appointed former Google Cloud executive Francis DeSouza as its new Chief Executive Officer, a leadership change aimed at accelerating the company's expansion in AI data services and enterprise applications. DeSouza will officially assume the role on August......

Amazon's Zoox secures historic US approval for steering-wheel-free robotaxis

Amazon-owned Zoox has achieved a landmark breakthrough in the autonomous mobility sector after receiving the first U.S. regulatory approval to commercially operate paid robotaxis built without a steering wheel or traditional driver controls. The decision represents a major step toward the commercialization......

Meta’s massive AI investment strategy exposes growing pressure over computing costs

Meta’s aggressive expansion into artificial intelligence is highlighting a growing challenge for the technology giant: how to balance the enormous cost of building AI infrastructure with investor expectations for stronger financial returns. The company behind Facebook and Instagram has committed......

Amazon and Walmart AI tools detect false ‘Made in USA’ claims but fail to act, study finds

A new study has raised concerns over the role of artificial intelligence in online retail, finding that shopping assistants used by Amazon and Walmart can identify potentially misleading “Made in USA” claims but are not being deployed to prevent questionable product listings from reaching......

AI infrastructure spending drives hyperscalers to record bond issuance as borrowing costs climb

America's largest technology companies are turning increasingly to the bond market to finance massive investments in artificial intelligence infrastructure, even as investors demand higher yields to absorb the surge in corporate debt issuance. A Reuters analysis of LSEG data shows that Amazon, Alphabet,......

Meta and BlackRock invest $14 billion in major AI data center project

Meta Platforms and BlackRock have announced a major joint investment project to develop a large-scale data center campus in Texas, with total investment expected to reach approximately $14 billion. The initiative highlights the growing global demand for infrastructure capable of supporting the rapid......

Trump administration restricts foreign-made robots and power inverters over China security concerns

The Trump administration has introduced new restrictions on certain advanced foreign-made robots and power inverters used in solar energy systems, citing concerns over cybersecurity, espionage and potential threats to critical infrastructure, according to reports by Politico. The measures were announced......

Cognizant lowers revenue outlook as cautious IT spending weighs on growth

Cognizant Technology Solutions has issued a cautious revenue forecast for the coming quarter, signaling continued pressure on corporate technology spending as businesses remain selective about new investments. The IT services provider said Wednesday that third-quarter revenue is expected to fall between......

iOS 26.6 update fixes more than 75 security vulnerabilities on iPhone

Apple has released iOS 26.6 to iPhone users, introducing more than 75 security fixes designed to address vulnerabilities across several key components of the operating system. The update aims to strengthen device protection against potential attacks that could expose sensitive information or allow applications......

Microsoft unveils ai-powered cybersecurity model to strengthen digital defense

Microsoft has announced the launch of a new artificial intelligence model designed specifically for cybersecurity, alongside an AI-powered platform aimed at automating key aspects of digital defense. The move reflects the growing competition among major technology companies to develop advanced tools......

China's lithography breakthrough increases pressure on ASML amid U.S.-China technology rivalry

ASML, the Dutch semiconductor equipment manufacturer that has long dominated the global lithography market, is facing growing strategic pressure as China's latest advances in chipmaking technology coincide with increasingly restrictive U.S. export controls. The unveiling of a domestically developed......

Sam Altman says AI has surpassed human intelligence, reigniting debate over technological singularity

OpenAI Chief Executive Officer Sam Altman has sparked renewed debate over the future of artificial intelligence after declaring that AI has entered what he describes as the era of the "technological singularity"—the point at which machines surpass human intelligence. Speaking on the......

PayPal boosts 2026 outlook as turnaround strategy gains momentum amid takeover speculation

PayPal has reinforced its long-term recovery strategy by raising its full-year 2026 profit guidance and unveiling an expanded cost-efficiency plan, even as questions continue to surround a potential acquisition of the digital payments company. The updated outlook comes at a pivotal moment for the fintech......

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