Keywords: AI


Beijing considers tighter controls on overseas access to China’s leading AI models

Chinese authorities are exploring new measures that could limit foreign access to the country’s most advanced artificial intelligence models, as Beijing moves to strengthen control over a technology sector increasingly viewed as strategically vital. Officials have held discussions with major technology......

Capita shares slide after UK government withholds payments over contract delays

Shares in British outsourcing company Capita fell sharply on Tuesday after the UK government withheld £9.9 million (approximately $13.2 million) in payments, citing missed contractual deadlines and shortcomings in planned technology upgrades. The stock dropped by more than 15% after the government......

Nigeria launches probe into tech Giants over alleged misuse of news content

Nigeria has ordered a formal investigation into several of the world's largest technology companies over allegations of anti-competitive conduct and the unauthorized use of news content, marking the country's latest effort to strengthen oversight of the digital economy. The Federal Competition......

Synopsys shifts focus to AI by phasing out legacy semiconductor manufacturing software

Synopsys is scaling back part of its semiconductor manufacturing software portfolio as the U.S. technology company redirects investment toward higher-growth artificial intelligence design tools, signaling a strategic shift in the rapidly evolving chip industry. According to sources familiar with the......

Microsoft cuts 4,800 jobs as AI investments reshape Big Tech workforce

Microsoft is eliminating approximately 4,800 jobs, representing about 2.1% of its global workforce, as the technology giant accelerates investment in artificial intelligence while seeking greater operational efficiency. The workforce reduction reflects a broader trend across the technology sector, where......

UK regulator urges review of AI model rules as financial sector reliance grows

Britain should reassess whether large language models such as ChatGPT, Claude, and Gemini require formal regulation as general-purpose artificial intelligence tools, according to a senior official at the UK’s financial watchdog. Speaking on Monday, Sheldon Mills, Executive Director at the Financial......

UN chief calls for global AI rules as technology outpaces regulation

The United Nations has renewed its call for coordinated international oversight of artificial intelligence, warning that the rapid evolution of the technology is outstripping the ability of governments and institutions to regulate its impact. Speaking at the first government-level global dialogue on......

Foxconn posts strong second-quarter revenue growth on AI demand, warns of geopolitical risks

Taiwanese electronics manufacturer Foxconn reported a stronger-than-expected surge in second-quarter revenue, driven by booming demand for artificial intelligence infrastructure, while cautioning that geopolitical uncertainty could weigh on future business conditions. The company, the world's largest......

AI helps small mental health startup scale rapidly from idea to multi-state operation

A Virginia-based mental health startup has highlighted how artificial intelligence is increasingly shaping entrepreneurship, after using AI tools to move from an initial concept to a multi-state healthcare provider in just over a year. The company, Here Now Health, has grown from a home-based idea into......