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OpenAI spent $34bn last year as it lines up for an IPO

OpenAI spent $34bn in 2025, more than two and a half times what it took in, as it prepares to file for one of the largest public listings ever attempted. The figure, reported by the Financial Times, lays out in stark terms what the race to build frontier AI now costs the company leading it. The […]

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As Europe rearms, the ‘wingman’ drone takes centre stage at the Berlin airshow

The aircraft drawing crowds at last week’s Berlin airshow was not the one with a pilot in it. The “loyal wingman,” an uncrewed jet built to fly beside a manned fighter and carry the extra sensors, jammers, and weapons the fighter cannot, has become Europe’s defence obsession, and four companies turned up to sell it. […]

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Ukraine gains access to EU emergency cyber response for major attacks

Ukraine can now draw on emergency European Union cyber support to respond to large-scale incidents, after the Council of the EU approved its inclusion in the EU Cybersecurity Reserve on 15 June. The decision extends a defensive mechanism built for member states to a country whose networks have been under sustained attack since Russia’s full-scale […]

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AlphaGo’s David Silver puts his superintelligence bet on Google Cloud

Ineffable Intelligence, the London startup founded by the DeepMind researcher behind AlphaGo, has named Google Cloud as the infrastructure partner for its frontier AI lab. The deal, announced at Google Cloud’s London summit on 16 June, gives a company with grand ambitions and no product the computing scale its founder says the work demands. The founder […]

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TCS takes a $70m hit after US Supreme Court rejects its appeal

Tata Consultancy Services will book a one-time charge of $70m after the US Supreme Court declined to hear its appeal in a trade-secrets dispute, the Indian IT giant said. The court’s refusal, issued on 15 June, closes the last legal avenue in a case that has run since 2019 and leaves the lower-court judgment standing. […]

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India blocks Telegram until 22 June over medical exam-cheating rackets

India has temporarily blocked access to Telegram until 22 June, the government said, after concluding that cheating rackets were using the app to defraud candidates sitting a high-stakes medical-entrance re-exam. The order, invoking Section 69A of the Information Technology Act, ties a national app block to a single, fraught testing event. The exam is NEET-UG, […]

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Italy’s antitrust regulator opens a probe into Apple’s cloud services

Italy’s competition authority has opened an investigation into Apple over its cloud services, examined under the European Union’s Digital Markets Act. The move places Apple’s cloud business under a regulator that has already become one of the company’s more persistent adversaries in Europe. The Digital Markets Act is the framework doing the work here. The EU’s […]

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