Microsoft has struck a landmark agreement with the U.S. General Services Administration (GSA), offering over $6 billion in cost savings on cloud services over the next three years. The deal provides government agencies with access to discounted pricing on Microsoft’s cloud platforms and productivity tools through September 2026. As part of the initiative, federal agencies […]
Mustafa Suleyman, the CEO of Microsoft AI, has firmly stated that the company will not develop artificial intelligence systems designed for erotic or adult-based interactions, signaling a clear distinction from its longtime collaborator OpenAI. “That’s simply not a service we’re going to offer,” Suleyman said during the Paley International Council Summit held in Menlo Park, […]
LG Energy Solution, a South Korea-based battery manufacturer, announced on Wednesday that it has secured a massive $4.3 billion battery supply agreement with a major global company—though the buyer’s identity remains confidential for now. According to a regulatory filing on the Korea Exchange, the agreement took effect Tuesday and is set to run through July […]
CANNES — A decade ago, Vitalik Buterin and a handful of developers gathered in a chilly loft in Berlin, surrounded by bare bulbs, battered chairs, and scattered laptops. They weren’t executives or backed by billion-dollar funds — just passionate visionaries chasing a bold idea late into the night. From this modest workspace, Ethereum’s first version, […]
Meta is preparing to make a major splash at its annual Connect conference next month with the debut of Hypernova, its first consumer-ready smart glasses equipped with a built-in display. Alongside the glasses, the company will also introduce a new wristband designed to let users control the device with simple hand gestures. The two-day Connect […]
A Florida jury has ruled that Tesla holds partial responsibility for a deadly 2019 crash involving its Autopilot system and has awarded nearly $242.5 million in total damages to the victim’s family and an injured survivor. The jury allocated 33% fault to Tesla, making the company liable for around $42.5 million in compensatory damages. In […]
Alphabet shares gained momentum on Friday after reports surfaced that Apple is in early talks with Google to integrate its Gemini AI models into a revamped version of Siri. The discussions, according to Bloomberg, suggest that Apple is considering Gemini as the backbone of a smarter Siri expected to launch as early as next year. […]
Former President Donald Trump publicly refuted speculation that he intends to jeopardize Elon Musk’s business ventures by eliminating government subsidies. In a statement shared on Truth Social, Trump clarified, “Many are saying I plan to destroy Elon’s companies by ending his federal subsidies. That’s simply not true. I want Elon—and every U.S. business—to flourish more […]
HSBC, Europe’s largest bank, reported a sharp 29% decline in second-quarter profits, falling short of analyst forecasts, largely due to significant impairment charges. In a bid to reassure investors, the bank also announced a $3 billion share buyback. For the quarter ending in June, HSBC posted a pre-tax profit of $6.3 billion — below the […]
Federal Trade Commission (FTC) Commissioner Rebecca Slaughter voiced concern on Friday over the unresolved status of a complaint against Snap’s My AI chatbot, which the agency had referred to the Department of Justice (DOJ) earlier this year. In January, the FTC confirmed it would transfer a non-public complaint citing potential “risks and harms to minors” […]