Technology
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EU to delay high-risk AI rules after industry pressure
The EU’s flagship AI regulation faces a significant postponement. Brussels is expected to delay enforcement of high-risk AI system rules until 2027 following sustained pressure from major technology providers. The decision gives companies longer to adapt but raises concerns about governance complacency and shifting legal accountability.
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Klarna’s AI agent reportedly takes on 853 jobs
Klarna claims its AI now matches workload of 853 staff. The payments company says its generative-AI customer-service assistant has handled millions of queries with human-level satisfaction, underscoring automation’s accelerating impact on service jobs as financial-technology leaders weigh the gains — and risks — of digital labour.
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Errors cause $549bn invoice blind spot, claims Basware
Two in five invoices reach finance teams with errors. New data from Basware shows automation could reclaim hundreds of hours and bring oversight to $549bn in unmanaged spend.
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Labour wagers on AI to enhance UK employment
UK government unveils AI investment initiative to generate new jobs.
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Samsung reshapes leadership with co-CEO move
Samsung officially names TM Roh as co-chief executive officer. The appointment reinstates a dual-leadership model at Samsung Electronics, dividing oversight between its mobile and semiconductor divisions. The move underscores the company’s intent to strengthen governance and sustain competitiveness across its consumer technology and component businesses amid a shifting global market.
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Google unveils free tool for energy efficiency
Google unveils tool to boost energy efficiency in manufacturing. The Energy Assessment tool helps manufacturing managers identify opportunities for energy savings and emission reductions, addressing challenges such as consultancy costs, capital acquisition, and lack of expertise.
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Upgrading UK connectivity could recover nine days of lost productivity
Upgrading connected tech could add nine days of productivity. A BT Business report suggests better connectivity could offset the average sick leave lost per UK worker and ease workplace stress by 2030, as companies invest in AI and cloud-enabled tools to improve efficiency, retention, and wellbeing.
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Nvidia’s strong forecast calms AI-bubble jitters, for now
Nvidia’s upbeat third-quarter ahead of US jobs data eases AI-valuation concerns. The company’s latest results offered a welcome reprieve for investors worried about overheating in the artificial intelligence sector, lifting global markets and restoring short-term confidence in the strength of the AI trade.
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Lloyds Banking Group to acquire Curve in £120 million fintech deal
Lloyds Banking Group has agreed to acquire London fintech Curve for a reported £120 million. The move marks the bank’s latest step in expanding its digital payments and wallet capabilities, aiming to integrate Curve’s card-consolidation technology into its mobile platform by mid-2026, subject to regulatory approval.
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Trump rails against AI “over-regulation”
President insisted the US requires a single federal AI standard. He warned that competing state rules could stifle innovation and allow China to overtake the US in the global AI race.