Business

Alphabet reported stronger-than-expected second-quarter results as demand for AI infrastructure and enterprise software pushed Google Cloud revenue up 82% from a year earlier. Cloud sales reached $24.8 billion, compared with…

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…

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…

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…

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…

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…

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…

Apple reportedly plans to launch a device leasing programme called Apple Upgrade in the United States on July 28. The service would let customers spread payments for eligible iPhones, iPads,…

US data centres could consume about 20% of the country’s electricity by 2035, compared with 5.9% today, according to a new forecast from BloombergNEF. Rapid development of artificial intelligence infrastructure…

Tesla has expanded its robotaxi trials to Orlando and Tampa, bringing an unspecified number of driverless Model Y vehicles to two additional Florida cities. The rollout came one day before…

Snap has reached a tentative settlement with a young plaintiff who accused Snapchat and other social media platforms of using addictive design features that harmed his mental health. The agreement…

AI music generator Suno suffered a cyberattack that exposed personal information linked to more than 55.3 million people, according to breach-notification service Have I Been Pwned. The November 2025 incident…