Andhra Pradesh is rewriting what a state can build
Andhra Pradesh is pushing Mazzucato’s entrepreneurial state further, making entrepreneurship itself public infrastructure.
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WHO warns Europe’s AI health governance gap is becoming irreversible
Hans Kluge opened his speech in Lisbon with a number, which is not how the World Health Organization usually does this. “Let me start with a number: 8%,” the WHO Regional Director for Europe told delegates on 15 July. “That’s the share of countries in the WHO European Region that have a health-specific AI strategy. Just 8%.” […]
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xAI’s first lawsuit against a user tests who is responsible for what Grok makes
The company says the defendant engineered prompts to defeat Grok’s safeguards. Courts on three continents are being asked whether the safeguards were ever the point. AI has sued one of its own users, alleging he used Grok to generate child sexual abuse material in breach of the company’s terms of service. It is understood to […]
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Stranger Things cast share behind-the-scenes stories on 10th anniversary
The “Stranger Things” cast has shared behind-the-scenes stories about filming the Netflix series on its 10th anniversary.
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Uber agrees $14.8bn Delivery Hero takeover, 26% above its May bid
The May bid was €33 and landed below the close. Eight weeks later it is €41.50, with 14 markets carved out to a New York firm before anyone asks about competition. Uber has agreed to buy Delivery Hero for €41.50 a share in cash, a 26% improvement on the offer it put on the table […]
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Wall Street just had its best investment banking quarter in years, and it is calling AI a super cycle
Goldman Sachs booked $3.4bn in investment banking fees in the second quarter, a record, up 55% on a year earlier. Its chief executive has a name for what is driving it. “We are in the middle of an AI CapEx super cycle where there are demands on financing into every single financing instrument, in every […]
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Paytm remains majority Indian-owned for 2nd consecutive quarter
Paytm’s continued increase in domestic ownership comes on the back of the company materially strengthening its operating performance.
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Angel One Q1 profit doubles to Rs 231 Cr
Angel One’s total income rose 25.4% to Rs 1,434 crore during the April-June quarter of FY27 from Rs 1,143 crore a year ago.
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Europe’s best earnings quarter in three years is an energy story, not an AI one
European companies are heading into their strongest quarterly earnings season in more than three years, and almost none of it is about AI. STOXX 600 constituents are forecast to grow second-quarter profits by 15.3% year on year, according to LSEG I/B/E/S data compiled by analyst Tajinder Dhillon and published on 9 July. That works out at €156.8bn […]
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Ofcom opens a child safety investigation into TikTok
Ofcom has opened a formal investigation into whether TikTok is failing to protect children from harmful content, escalating a dispute that has been running in public since May. The probe, announced on Thursday, examines two things under the Online Safety Act: whether TikTok has adequate measures to work out that a given user is a […]
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