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After Harvey, vertical AI’s next $10B winner might be in agriculture

In legal, Harvey crossed an $11 billion valuation and Legora is racing to claim the European market behind it. In healthcare, Abridge has built a multi-billion-dollar business turning clinical conversations into structured medical records. In customer service, Sierra is now valued at over $15 billion, making it one of the fastest companies in AI history […]

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Visa says AI investment and digital commerce are carrying the global economy

The payments giant’s midyear outlook forecasts 2.4% global growth in 2026, crediting an investment boom and online price competition for absorbing the strain of higher energy costs. The company that sees a slice of nearly every card swipe on the planet has a view on where the economy is heading, and the view is cautiously […]

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Call-centre stocks slide as investors worry AI makes them uninvestable

A guidance cut from Concentrix dragged the sector down and hardened a fear that automated agents are eroding the business of answering the phone. The fear that artificial intelligence would hollow out the call-centre business has been hanging over the sector for two years, more sentiment than spreadsheet. This week it acquired some numbers. A […]

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China’s Meituan says its new AI model was trained on domestic chips

LongCat-2.0, a 1.6-trillion-parameter model, is the first of its size to be trained end-to-end on home-grown silicon, the company says, in a pointed answer to US export controls. The most striking claim about Meituan’s new artificial intelligence model is not how large it is, though it is large, but what it ran on. The Chinese […]

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Panasonic to localise US data-centre battery production, CEO says

The Japanese group plans to mass-produce data-centre battery cells in Kansas by fiscal 2028, redirecting a large slice of its AI infrastructure investment toward storage. The companies that built batteries for electric cars are discovering a new and hungrier customer: the data centre. Panasonic plans to localise production of data-centre battery cells in the United […]

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