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IBM has lowered its full-year growth forecast after weaker mainframe sales contributed to a disappointing second quarter. The company generated $17.2 billion in revenue and $2.2 billion in net income,…

ServiceNow has invested $40 million in Indian banking software provider BusinessNext, valuing the company at about $700 million. The deal gives ServiceNow an approximately 5% stake and expands an existing…

White House science adviser Michael Kratsios has accused Chinese AI company Moonshot AI of using Anthropic’s Fable model to develop Kimi K3. He also alleged that Moonshot used advanced Nvidia…

Apple is introducing MapKit for Automotive, a software development kit that lets automakers embed Apple Maps directly into vehicle infotainment systems. Ford will be the first manufacturer to use the…

Amazon has integrated its Luna cloud gaming service into Prime Video, allowing Prime members to launch games alongside films, television shows and live sports. The feature is now available through…

Meta has released an advertisement presenting AI as a technology that can strengthen human connection and provide wider access to opportunity. The campaign uses David Bowie’s “Five Years,” a song…

Google is introducing selfie video verification as another way for users to regain access to their accounts when they cannot use their usual phone, computer or recovery method. The feature…

AI chip start-up Etched has raised $300 million in a Series C funding round that values the company at $10.3 billion. The new valuation is more than double the $5…

Imagi has raised $4.5 million in seed funding to expand its coding and AI literacy platform across more K-12 schools. The company provides teachers with curriculum, training and controlled access…

Lunar Outpost plans to use Nvidia’s Jetson computing platform on an upcoming moon rover, potentially placing the first GPU on the lunar surface. The compact chip will process data from…

SoundCloud has acquired Nina Protocol, a decentralised music marketplace that allowed independent artists to sell releases directly to listeners while retaining their revenue. The financial terms were not disclosed, and…

Israeli workplace software company monday.com is reducing its workforce by approximately 20% as part of a restructuring centred on its AI Work Platform. Based on the company’s reported headcount at…

Private social platform Yope has raised $12.3 million in a funding round led by Northzone. The company plans to use the capital to develop new features, expand its 35-person team…

Google has introduced a new migration system in Android 17 that lets users wirelessly transfer more data from an iPhone without installing a separate app. The upgraded process supports photos,…

Substack has added an AI detection feature that lets readers estimate how much of a post, Note, reply or comment was written by a person or with AI assistance. The…

OpenAI plans to spend $750 billion on computing infrastructure through 2030, about 25% more than its previous estimate. The first major project under the expanded plan is a $20 billion…

More than one-third of organisations that paid a ransom following a cyberattack later received another demand from the attackers, according to new research from Proofpoint. The findings indicate that payments…

Cascade has raised $3.5 million in seed funding to expand its AI platform for architecture, engineering and construction firms. The software monitors early project signals, predicts which opportunities are most…

Browser competition is shifting from search and page loading towards AI systems that can interpret websites and complete tasks for users. Alongside Chrome and Safari, a growing group of browsers…

Passionfroot has raised $15 million in a Series A funding round led by Insight Partners to expand its marketplace connecting business-to-business creators with brands. The Berlin-based company will use the…