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India’s AI ambitions hinge on turning 200 million workers into 350 million

IBM India’s Sandip Patel says the country can become the world’s AI skill capital by 2030. The arithmetic of getting there is harder than the headline number suggests. ndia has roughly six hundred million workers, and on a recent Bengaluru morning, the head of IBM’s India business put a number on how many of them […]

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From the Vatican stage, Anthropic’s Chris Olah says AI cannot be steered by AI labs alone

Sitting alongside Pope Leo XIV at the launch of Magnifica humanitas, the company’s interpretability lead conceded that frontier-lab incentives can pull researchers away from doing the right thing. Christopher Olah, Anthropic’s co-founder and the head of its interpretability research, used his seat at the Vatican on Monday to make an argument that no leader of […]

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Pope Leo XIV tells the Vatican to disarm AI, in the first encyclical of his pontificate

Magnifica humanitas calls for breaking up monopolistic control of the technology, rules out algorithmic warfare, and is being presented alongside Anthropic co-founder Chris Olah. Pope Leo XIV used the first encyclical of his pontificate, published in Rome on Monday, to call for the disarmament of artificial intelligence. The 245-paragraph document, titled Magnifica humanitas, frames AI […]

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Ericsson is leaving Kista for central Stockholm, in the largest office lease in Swedish history

The 71,000-square-metre Hagastaden campus, signed with Atrium Ljungberg and Castellum, ends more than two decades in the suburb once branded Sweden’s Silicon Valley. Ericsson is moving its global headquarters out of Kista. The Swedish telecoms-equipment maker said on Monday that, starting in 2028, it will gradually relocate its Stockholm operations, including the HQ, R&D functions, […]

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UK venture funding doubled to $10.5bn in the first four months of 2026, on the back of three giant rounds

GlobalData’s count puts the country well clear of the rest of Europe and inside the global top five, but more than 40% of the total came from just three companies: Nscale, Wayve, and Ineffable Intelligence. UK-domiciled companies raised $10.5bn of venture capital between January and April 2026, roughly double the figure for the same period […]

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Schneider Electric expects its India data-centre business to outgrow the rest of the company

On a base of 1.5 gigawatts of installed capacity and a national plan to reach six to eight, the French infrastructure group sees its India unit becoming its single biggest business within five years. Schneider Electric expects its India data-centre business to grow faster than the rest of the company, and faster than the core […]

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Starbucks pulls its AI inventory tool nine months in, after it kept confusing the milks

The chain is reverting to manual counts across North America, ending one of CEO Brian Niccol’s more visible technology bets and adding another data point to the file marked “enterprise AI pilots that did not survive contact with the real store.” Starbucks has retired the AI-powered inventory tool it rolled out across its North American […]

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Kawasaki Heavy ties up with Nvidia on physical AI, and the rideable robot horse gets a foundation model

Shares jumped 12% as the Japanese industrial group opened a San Jose development base with Nvidia, Analog Devices, Microsoft, and Fujitsu, with its four-legged CORLEO mobility concept as the first showcase. Kawasaki Heavy Industries said on Friday it will partner with Nvidia and a handful of other US and Japanese firms on physical AI for robots, opening […]

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SpaceX used a $20 billion bridge loan to slash Musk’s debt costs in half, IPO filing reveals

Elon Musk’s strategy of folding his companies into one conglomerate is already paying off. Regulatory documents filed ahead of SpaceX’s historic IPO reveal that the company secured a $20 billion bridge loan from a group of major banks. That loan was used to retire $17.5 billion of high-interest junk debt accumulated by X and xAI. The financial […]

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Europe’s go-to-market accelerator for AI Startups launches

AcceleratorX, a new breed of startup accelerator purpose-built for AI founders opens Cohort 1 applications – offering startups unprecedented access to a pan-European network of 2,000+ marketing and communications professionals across 30 countries as real pilot clients from day one. Most AI startups don’t fail because they can’t build. In 2026, building has become cheap […]

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