Ericsson narrowly misses Q1 profit forecasts as North America unwind
The Swedish telecoms equipment maker narrowly missed profit forecasts, with adjusted EBITA falling 20% year-on-year to SEK 5.6 billion. North America, which drove a 20%+ surge in Q1 2025, declined sharply as prior-year pull-forward investment unwinds. CEO Ekholm blames rising semiconductor input costs, partly driven by AI demand. Ericsson reported a sharp fall in profitability […]<br /> This story continues at The Next Web [...]
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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 [...]
Ericsson is leaving Kista for central Stockholm, in the largest office lease in Swedish history
The 71,000-square-metre Hagastaden campus, signed with Atrium Ljungberg and Castellum, ends more than two decades in the suburb once branded Sweden’s Silicon Valley. Ericsson is moving its global he [...]
What you need to know as Elon Musk's lawsuit against Sam Altman begins
In a few short days, jury selection will begin in the long-awaited Musk v. Altman case. At the end of that process, an Oakland federal court will task nine regular people with deciding if OpenAI defra [...]
Mistral AI launches Forge to help companies build proprietary AI models, challenging cloud giants
Mistral AI on Monday launched Forge, an enterprise model training platform that allows organizations to build, customize, and continuously improve AI models using their own proprietary data — a move [...]
OpenAI's GPT-5.5 is here, and it's no potato: narrowly beats Anthropic's Claude Mythos Preview on Terminal-Bench 2.0
After months of rumors and reports that OpenAI was developing a new, more powerful AI large language model for use in ChatGPT and through its application programming interface (API), allegedly codenam [...]
Labor and nonprofit coalition calls on California AG to stop OpenAI from going for-profit
A group of organizations, including nonprofits like LatinoProsperity and labor groups like the California Teamsters, are petitioning California Attorney General Rob Bonta to stop OpenAI from becoming [...]