Nearly five months after its unveiling, the US–UAE AI chip pact remains stalled. Nvidia’s CEO and some officials see the delays as emblematic of deeper tensions around export controls, foreign investment, and the geopolitics of advanced technology.
Google UK cut 400 jobs despite nearly £3bn in revenue. The company reduced headcount to 7,029 in 2024 while pre-tax profits rose above £400m. The cuts coincide with a £5bn UK investment plan, a new Waltham Cross data centre, and a £25bn lawsuit over online advertising practices.
Lucid announced major AI upgrades to accelerate enterprise adoption. The company unveiled Lucid AI, a suite of intelligent collaboration tools, alongside expanded platform accelerators and new integrations aimed at closing the gap between AI’s promise and business execution.
Google has warned that hackers are sending extortion emails to executives. The campaign, allegedly linked to the Cl0p ransomware group, claims to involve stolen Oracle software data, though no breach has been confirmed. The trend highlights a growing risk of cybercriminals targeting leadership directly.
HSBC warns of compromised identity documents after data breach. The bank reassured customers that its systems remain unaffected, urging vigilance against potential fraud. Affected individuals receive a complimentary Experian Identity Plus subscription and can access a dedicated helpline until 8 October 2025.
UK businesses face mounting cyber risk as AI bots surge. DataDome’s 2025 Global Bot Security Report finds only 1.77% of UK domains are fully protected against automated threats, well below Europe’s 2.52% average and the global figure of 2.8%. Experts warn systemic issues are leaving companies exposed.
Trump signs order approving TikTok US sale. The executive order values the new entity at $14 billion, delays enforcement of a ban until January, and sets conditions on algorithm oversight while ByteDance reduces its stake.