Tencent reported second-quarter revenue of 204.8bn yuan ($30.4bn) on Wednesday, up 11% and ahead of forecasts. Net profit came in at 56bn yuan against the 61.8bn analysts expected, CNBC reports. Capital expenditure rose 176% on the year to 52.8bn yuan,…
GetIntel published its AI Software Index on Wednesday. The study asked roughly 80 buyer-phrased questions in each of 126 software categories, covering 1,825 brands. The questions went to the live ChatGPT and Gemini consumer apps rather than the develop…
Skan AI announced $63m in funding on Wednesday, co-led by Cathay Innovation and Dell Technologies Capital. What the money is buying is not a model. It is a record of how people at large companies actually do their jobs. Skan builds that record by watch…
Lovable is worth $13.3bn and its revenue is tripling. The interesting name on the cheque is the European Union. Lovable has raised $400m at a $13.3bn valuation. The Stockholm company lets people build software by describing it in ordinary language, and…
Anthropic has begun attaching machine-readable marks to the text and images that its Claude models generate, and will apply them to users worldwide rather than only in Europe, after signing a European Union code of practice tied to new transparency rul…
Meta and TikTok have agreed to fact-check content about Spain’s border crossings, a voluntary commitment brokered by Brussels after a catastrophe that showed how quickly a viral video can turn into a matter of life and death. The accord follows the eve…
Uniper, the German energy giant that Berlin rescued from collapse three years ago, is betting its next chapter on the server racks now reshaping Europe’s power market. The utility plans to invest around €5bn ($5.7bn) by 2030 in a strategy that pivots h…
Lovable has become the first coding agent platform certified under AIUC-1, a security standard for AI agents that comes with something unusual attached: the certifying body also underwrites the risk. Customers using a certified agent are insured, throu…
Valve has emailed European customers who ordered a Steam Machine or a Steam Controller. A cyberattack on CEVA Logistics, the firm that ships Valve hardware across Europe, took their delivery details. CNET’s Tyler Graham reported the warning on Monday….
Nik Storonsky wants a bigger slice of Revolut, and he has picked an ambitious price. The cofounder and chief executive is in talks over a new share award, the Financial Times reported. It would grow his stake if the fintech reaches a $500 billion valua…