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London Tech Week 2026: the AI billions, the US build-out, and a royal first

London Tech Week wrapped its 12th edition this week, after three days of main-stage programming at Olympia from 8 to 10 June, with fringe events running across the city through Friday. The festival drew more than 30,000 people from over 130 countries, with 600-plus speakers. One theme swallowed the rest: AI featured in roughly half […]

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Spotify is adding editor-hosted videos to New Music Friday so you can meet the people behind the playlist

Spotify is adding short-form videos from its editorial team to New Music Friday, its flagship weekly playlist for new releases. The videos feature Spotify’s curators sharing their picks, spotlighting rising artists, and explaining the stories behind songs and albums. The feature is rolling out to free and premium users in the US first. “New Music […]

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Firefox’s AI kill switch exists. Only 1% of users have flipped it.

Mozilla built an AI kill switch into Firefox after its users demanded one. Only 1% have used it. Another 3% turned off some AI features selectively. The rest left everything on. CEO Anthony Enzor-DeMeo says the point is not the percentage but the choice. “Our community was pretty vocal, especially during the CEO announcement, that […]

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Google sues Chinese cybercrime ring that used Gemini to build phishing sites and send 2.5 million scam texts

Google filed a lawsuit on Friday to dismantle the infrastructure behind a Chinese cybercrime operation called Outsider Enterprise. The group used AI, including Google’s own Gemini, to generate phishing websites and send scam text messages impersonating Google and other brands. It sent 2.5 million fraudulent texts to Android users in a two-week period. The operation […]

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IMF chief warns advanced AI models like Mythos “can be used to destroy the financial system”

The head of the International Monetary Fund warned on Wednesday that advanced AI models like Anthropic’s Mythos “can be used to destroy the financial system” if they fall into the wrong hands. IMF Managing Director Kristalina Georgieva made the comments in Brussels while presenting the Fund’s annual economic assessment of the eurozone. “What we recognize […]

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From AI deals to streaming fraud, the music industry is wrestling with four existential battles at once

The music industry descended on New York this week for Indie Week and a flurry of parallel gatherings. The conversations kept circling back to the same handful of anxieties: generative AI, streaming fraud, underpaid songwriters, and the organisations meant to protect them. Four issues, in particular, dominated the agenda. Each one carries the potential to […]

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SpaceX IPO makes Elon Musk the world’s first trillionaire, but your retirement fund is picking up the tab

Elon Musk is now worth more than $1 trillion. The SpaceX IPO, which priced 555.6 million shares at $135 each on 12 June, valued the company at roughly $1.77 trillion and pushed Musk past a threshold no individual has ever crossed. His SpaceX stake alone is worth an estimated $866.5 billion, according to the updated IPO prospectus. […]

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Starlink is SpaceX’s cash machine, but the maths is getting harder

SpaceX’s satellite internet service had 10.3 million subscribers at the end of the first quarter of 2026, more than double the 4.4 million it reported a year earlier. That growth rate is extraordinary by any standard in telecommunications, let alone for a business that delivers broadband from orbit. But the S-1 prospectus SpaceX filed ahead of what would […]

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Altman, Amodei, and Hassabis are heading to the G7. The rivals have a lot to discuss.

The chief executives of the three most powerful artificial intelligence companies on Earth are about to sit in the same room as the leaders of the world’s seven largest advanced economies. OpenAI’s Sam Altman, Anthropic’s Dario Amodei, and Google DeepMind’s Demis Hassabis are all slated to attend the G7 summit in Évian-les-Bains, France, which runs […]

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Infineon is opening a €5 billion chip factory in Dresden. It is the EU Chips Act’s first major success.

Infineon Technologies is preparing to open its largest single investment, a €5 billion semiconductor factory on its Dresden campus, on 2 July. The Smart Power Fab, which received approximately €1 billion in EU Chips Act subsidies, will produce power semiconductors used in AI data centres, electric vehicles, and renewable energy systems. The opening arrives three […]

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