Pressure is mounting on the European Commission to act on spyware, after forensic evidence showed one of the EU’s own spyware investigators was hacked with Pegasus. Civil society groups issued a joint statement demanding the abuse be met with accountab…
Hedge funds cut their holdings of semiconductor stocks for a fourth straight week, according to Goldman Sachs prime brokerage data, in a run of selling that has made chipmakers and their equipment suppliers the most heavily net-sold corner of the US ma…
The United Nations has put a number of its concerns about artificial intelligence into a single document, and the headline finding is not subtle. AI capabilities, the organisation says, are accelerating faster than any government’s ability to understan…
A federal judge has ordered the Pentagon to give Alibaba temporary relief from a law that stripped it of every lobbyist it had in Washington, Bloomberg reports. The reprieve stands while the court considers whether the measure is constitutional. The ca…
Silicon Valley’s wealthiest are spending heavily to stop California’s proposed billionaire tax, according to a Business Insider tally of campaign filings. Opponents have poured more than $120m into sinking or blunting the measure, roughly four times th…
Citigroup chief executive Jane Fraser says the financial sector is running two AI races at once, she told the South China Morning Post. The first is applying AI to business models to drive revenue growth, shortening product development cycles and impro…
India’s IT ministry has ordered Meta to immediately disable all Instagram advertisements and content promoting child sexual exploitation and abuse material, according to The Week. The company has seven days to explain how the ads were approved and to d…
Hon Hai, the Taiwanese contract manufacturing giant known as Foxconn, has reported a bigger-than-expected 40% jump in quarterly sales on demand for AI servers. The Nvidia supplier said in a statement on Sunday that AI rack shipments should maintain the…
Arthur Mensch, cofounder and chief executive of French AI lab Mistral, has urged enterprise leaders to abandon closed AI models. In a LinkedIn post, he argued that closed providers are now forcing data retention and gaining “immense leverage” over thei…
The NHS will use AI inside its app to direct patients in England to the right services, the government has announced. The tool will assess symptoms and work out whether someone needs a GP appointment, a pharmacy visit, or a trip to A&E. The update …