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Nvidia plans $2B in European AI deals in the next week

Jensen Huang says Nvidia will announce $2B of European investments within a week, on top of $8B over the past year, and named four French startups in Paris. Nvidia committed more than $40B to AI equity in the first four months of this year alone. Jensen Huang says Nvidia will announce $2B of European investments […]

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Data centre firms say the AI bottleneck is now power and labour

Executives from NTT Data, Brookfield and Infosys say electricity and skilled labour, not chips, now limit how fast AI data centres get built. In Europe the binding constraint is worse, with grid connections in congested markets running to ten years. The thing slowing the AI buildout is no longer the chips. Executives running some of […]

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Microsoft is on track for its first record close in a year

Microsoft is on pace for its first record close since October 2025, having gained more than 50% from a June low and added roughly $1.5T in market value. The AI-disruption panic that caused the fall also hit SAP, which has not recovered. Microsoft is on track for its first record close in almost a year, […]

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Getty Images is going private after failed Shutterstock merger

Getty Images intends to file for bankruptcy and go private as part of a restructuring agreement after its plans to merge with rival stock platform Shutterstock fell through earlier this year. On Monday, Getty announced it had secured $533 million from the Getty family and Charles Koch’s investment firm to cut its debt and take […]

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Broadcom CEO Hock Tan likens many AI investors to casino gamblers

Broadcom chief executive Hock Tan compared many AI investors to gamblers who have little idea what they are betting on. He spoke on Monday at the DBS Asia Future Forward Conference in Singapore, Bloomberg reported. “A lot of investors have no clue what they are investing in,” Tan said. They “set very extreme expectations only […]

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IMF warns $1.4tn in circular AI deals could deepen a market correction

A correction in AI-related stocks and debt could set off market turmoil, the International Monetary Fund said on Tuesday. It named the AI risk as one of three that could sharply tighten financial conditions. The other two are a sharp rise in government bond yields and cyber threats. The warning came in the IMF’s Global […]

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Aramco Digital teams up with OrbitronAI to build AI for heavy industry

Aramco Digital, the tech arm of Saudi oil giant Aramco, has teamed up with start-up OrbitronAI to build and sell AI tools for heavy industry, the two firms said. The tools are aimed at oil and gas, power, mining, transport, and factory firms. They are meant to help them find money lost to slow decisions, scattered data, […]

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Mozilla launches Firefox Enterprise for companies in Europ

Mozilla has launched Firefox Enterprise, a version of its browser for companies and public bodies that must meet strict security and compliance requirements. The product pairs the Firefox browser with a management console that organisations can host on their own servers. From there, IT teams can set browser rules, decide who can reach what, and […]

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Two-thirds of small firms using AI now build their own tools, Pax8 finds

Small and mid-sized businesses have moved from buying AI tools to building their own. In every market surveyed, most do it without a formal, documented review, Pax8 found in a survey published on Monday. Pax8 is a Denver-based marketplace. It sells AI and cloud software to small businesses through IT service providers. It surveyed 1,150 […]

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