Intel’s chief communications officer Jeff Dahncke has left the company after less than a year to join data center provider Equinix. This marks another high-profile departure as CEO Lip-Bu Tan continues his aggressive restructuring of the semiconductor giant. The company has appointed Cory Pforzheime
Insurance giants are trying to avoid covering AI-related risks entirely, with companies like WR Berkley requesting permission to exclude claims from “any actual or alleged use” of AI. This reflects deep industry anxiety about AI’s unpredictable potential for costly damage, especially in cybersecurit
Spotify is reportedly planning another price increase for US subscribers in early 2026. This would mark the third Premium price hike since 2023. The streaming service recently raised prices in other regions and now appears ready to bring similar increases stateside.
Technology stocks staged a strong recovery as worries about the AI boom’s sustainability eased. The Nasdaq jumped 2.7% while Fed rate cut probabilities doubled to 85% in just one week.
OpenAI faces an avalanche of lawsuits that could reshape AI development. From Elon Musk’s $38 million betrayal claims to copyright battles with major publishers, Sam Altman’s legal troubles are mounting fast.
A new X feature designed to increase transparency is revealing some awkward truths about where popular accounts are actually based. Several prominent MAGA influencers with hundreds of thousands of followers appear to be operating from countries like Thailand, Nigeria, and Eastern Europe. The rollout
Volkswagen claims it can produce electric vehicles in China for half the cost of German production. The automaker is investing billions to develop 30 new EV models specifically for the Chinese market over the next five years. This radical shift comes as VW fights to regain market share against innov
The UK Treasury is reportedly asking banks to make prominent public endorsements of this week’s Budget after chancellor Rachel Reeves decided against hitting the sector with higher taxes. Banks had warned they would curtail lending if faced with additional levies, and now officials expect positive c
Revolut’s valuation surged to $75 billion in a secondary share sale that attracted Nvidia’s venture arm. The investment marks a 66% jump from last year’s valuation and deepens ties between the fintech giant and AI chip leader. Revolut now serves 65 million customers across 50+ markets.
Amazon’s AI service Bedrock hit severe capacity shortages this summer, pushing major customers to rivals. Epic Games moved a $10 million Fortnite project to Google Cloud, while Thomson Reuters cited 30% slower performance on AWS.
