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Oracle has set aside $700M more for job cuts it has not made yet

Artificial Intelligence, Business, Digital Marketing, Government and policy, Next Featured, SEO Tips, Technology /

Oracle has raised the cost of its 2026 restructuring by $700M to about $2.8B, covering actions it says it expects to take, and disclosed a plan letting Larry Ellison sell 50 million shares by 24 October. Roughly 92,000 of its 141,000 staff work outside the US, and in the EU collective redundancies require consultation, written […]

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Nvidia may put $10bn into Anthropic’s IPO, more than Europe’s largest AI round in full

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Nvidia is in talks to invest up to $10bn in Anthropic’s initial public offering, which seeks as much as $100bn at a valuation near $2trn and would be the largest listing in history. Three days earlier it returned as an investor in Mistral’s EUR 3bn round, the largest ever raised by a European technology company […]

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Amazon Quick is now available on desktop, with a new mobile activity feed

Artificial Intelligence, Business, Data and security, Digital Marketing, Next Featured, SEO Tips, Technology /

Amazon has made its Quick desktop assistant generally available on macOS and Windows, pitching it to enterprise IT as the governed alternative to shadow AI. Quick runs in ordinary European AWS regions with inference kept inside Europe, but it is not on the published service list for the sovereign cloud AWS opened in Brandenburg in […]

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OpenAI pauses $200 ChatGPT Pro sign-ups as Astra demand strains its systems

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OpenAI has stopped selling the $200 tier of ChatGPT Pro, saying demand for its Astra model is straining its systems. European organisations face a second constraint the pause does not touch, because Astra still has no EU data zone deployment and no paid option keeps processing inside the EU data boundary. OpenAI has paused new […]

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ElevenLabs lists five services on the UK government’s GBP 14B cloud framework

Artificial Intelligence, Business, Digital Marketing, Government and policy, Next Featured, SEO Tips, Technology /

Five ElevenLabs services are listed on the software lot of G-Cloud 15, the UK government’s cloud buying framework, according to the Digital Marketplace. They cover conversational agents, transcription, dubbing and text-to-speech. Three months ago the same government signed an agreement with the company that committed it to buying nothing. TNW reported in June that the […]

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Macron’s Paris space summit ends with €20bn in commitments and 51 signed deals

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The first International Space Summit closed at the Grand Palais in Paris on Thursday with about €20bn in announced investment and 51 deals signed, after two days in which European governments tried to convert a long-running argument about dependence on American launch providers into contracts. Euronews, which covered both days from the venue, reported the headline […]

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AI researchers back an extinction warning as the Pentagon rejects it

Anthropic, Artificial Intelligence, Digital Marketing, Government and policy, Next Featured, SEO Tips, Technology, United States /

A warning from a departing Anthropic researcher has drawn a wave of responses this week. Senior scientists at rival labs backed the claim that AI could threaten humanity, while a top Pentagon official rejected it. The reaction followed Jacob Coxon’s resignation from Anthropic. In a post on X, he said AI firms were “racing straight […]

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Saudi Arabia weighs merging EA with Savvy into one gaming giant

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Saudi Arabia’s Public Investment Fund is weighing a merger of Electronic Arts with Savvy Games, which would put Madden NFL and Pokemon Go under one roof. Brussels cleared the EA takeover on competition and foreign subsidy grounds six weeks ago, and combining two companies the same owner already controls may not require a European filing […]

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Skild AI hit $100M in run-rate revenue selling robots a brain that learns from one video

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Skild AI says it has reached $100M in recurring revenue run-rate ten months after its first commercial deployment, with hundreds of robots running at more than 60 companies. Its S1 model learns tasks from a single video without prior training data, which is the behaviour Europe’s Machinery Regulation newly regulates from January 2027. Skild AI […]

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Nvidia and Palantir are selling a sovereign AI stack, starting with Nvidia’s own supply chain

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Nvidia and Palantir have announced today a joint product for running AI over corporate supply chains without handing the underlying data to anyone else, and the first customer is Nvidia, which is using it on its own. It pairs Palantir’s Foundry, its Artificial Intelligence Platform and its Ontology with Nvidia’s open Nemotron models and cuOpt […]

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