Thomson Reuters is cutting engineers and hiring AI-native ones

The meeting was a technology all-hands, held on Monday, and the phrase the company used afterwards was “a small number of roles”. The number an employee who attended gave to Reuters was up to 500. [...]

Nvidia builds a white list: more than half of its Asian customers are off it

Nvidia has more than halved the number of customers in Asia cleared to buy its artificial intelligence chips, according to the Financial Times, which cited three people with knowledge of the matter. T [...]

Canada’s banking regulator named Claude Mythos in a warning to banks

An April email to bank technology chiefs, released under access-to-information rules, shows OSFI naming Anthropic’s frontier model as a reason the window for fixing flaws is closing. Regulators do n [...]

DeepSeek’s Liang Wenfeng overtakes Amodei and Brockman as AI’s richest founder

Liang Wenfeng is now the wealthiest founder in artificial intelligence, according to the Bloomberg Billionaires Index, which revalued his stake in DeepSeek on 13 July and added roughly $19bn to his fo [...]

Ericsson revenue falls 6% as component costs bite and licensing income dries up

Ericsson booked SEK 52.7bn of revenue in the second quarter, down 6% from SEK 56.1bn a year earlier, as weaker patent licensing income and currency movements outweighed growth in a handful of region [...]

Finland’s NestAI is building the AI layer Europe’s militaries want to own

A Helsinki lab barely a year old, bankrolled by Nokia and the Finnish state, is now writing battlefield software with two defence ministries. The technology matters less than who controls it. On the l [...]

Intel commits $5.7bn to Xeon production in Ireland

Intel is spending €5bn, or about $5.7bn, upgrading its campus at Leixlip outside Dublin, the company said on Monday. The money is not for a new fab. It is for getting more out of the ones already s [...]

Australia finds serious gaps in Big Tech’s response to child sexual abuse online

Australia’s online safety regulator has told the largest technology companies in the world that the tools to stop sexual extortion already exist, and that they are not using them. In a transparency [...]

Masayoshi Son says AI will cost $5tn a year by 2040, and calls bubble talk absurd

“Every year $5 trillion, or 800 trillion yen, you might think that’s a lie, but I am confident that’s what it will cost.” That was Masayoshi Son on Tuesday, at SoftBank’s annual corporate co [...]