AI spending overshadows Alphabet and Tesla earnings July 23, 2026 Wall Street’s biggest tech companies delivered another round of strong earnings on Wednesday, but the primary focus for investors is the growing cost of the artificial intelligence race. Alphabet and Tesla beat revenue expectations, yet their shares fell in after-hours trading after both companies signalled another year of heavy spending on AI infrastructure. Google-owner Alphabet [...]
UK government probes OpenAI breach after ‘unprecedented’ hack July 22, 2026 The UK government is probing the first known case of an artificial intelligence model breaking out of a controlled test by itself and hacking another company’s systems. Officials at the government-backed AI Security Institute (AISI) are investigating the security breach at OpenAI and whether similar incidents could occur at other top developers, a spokesperson told [...]
Fulham sign up $15bn Silicon Valley tech and AI firm ClickHouse as front-of-shirt sponsor July 21, 2026 Fulham FC have followed Crystal Palace in signing up a tech and AI company as their front-of-shirt sponsor, ClickHouse, for the new Premier League season. ClickHouse is a US-based platform that crunches data for Meta, Tesla, OpenAI, Visa and Sony and replaces gambling brand SBOTOP as Fulham’s principal commercial partner. It comes as the Premier [...]
OpenAI’s proposed ‘Trump stake’ raises ‘governance overhang’ fears ahead of IPO July 2, 2026 OpenAI’s proposal to hand the US government a five per cent stake in the AI firm has triggered fears that the move could complicate a future public listing. The ChatGPT maker has discussed giving the Trump administration a five per cent equity stake as part of a broader proposal that would see America’s leading AI [...]
AI disputes are turning into deals July 1, 2026 Lawyer by day, rapper by night, Nick Eziefula has seen both sides of the coin when it comes to disputes over AI and art.
Book review: The Reverse Centaur’s Guide to Life After AI by Cory Doctorow June 17, 2026 No subject has made me go more hot and cold than AI. Some days, I open Gemini, Claude or ChatGPT, set tough tasks and am dumbstruck by the speed and accuracy of the results. Wow, this is the future, I think to myself. On other days, I ask something simple and they get it all [...]
SpaceX snaps up AI coding darling Cursor as valuation soars past Amazon June 16, 2026 Elon Musk’s SpaceX has overtaken Amazon to become the world’s fifth-largest listed company after a blistering post-IPO rally, as the newly public firm unveiled a $60bn (£45bn) takeover of AI coding start-up Cursor. Shares in Musk’s rocket and AI giant rose more than eight per cent in pre-market trading on Tuesday, extending a surge that [...]
The EU has regulated itself out of the AI race but the UK is still in the game June 16, 2026 After months of debate and final negotiations that stretched long into the night, EU officials were jubilant when, as 2023 came to a close, the European Parliament reached an agreement on what would become the EU’s AI Act; a sprawling legal framework designed to regulate artificial intelligence across all member states. The EU’s top officials [...]
British pensions are about to bankroll the American tech revolution June 4, 2026 Pension managers owe their members returns, not national loyalty. Any pension manager who ignored potentially transformational businesses purely because they were American would rightly face scrutiny, but commercial logic isn’t the same thing as national advantage.
Anthropic files for IPO as race with OpenAI heats up June 1, 2026 Anthropic has confidentially filed for a US stock market listing, setting up what could become one of the biggest technology IPOs in history and intensifying its rivalry with OpenAI. The Claude maker confirmed on Monday that it had submitted a draft registration statement on Form S-1 to the Securities and Exchange Commission, giving the company [...]