Technology
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Microsoft, Nvidia deepen AI bets with $15 bn investment into Anthropic
Microsoft and Nvidia will invest a combined $15 billion in Anthropic. The Claude-maker has, in turn, committed to spend $30 billion on Microsoft’s Azure cloud services.
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EU opens probe into Amazon and Microsoft cloud dominance
EU regulators have launched investigations into Amazon Web Services and Microsoft Azure. The European Commission says the probes will examine whether the two tech giants’ cloud services should face tougher obligations under digital market rules.
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Google chief warns on AI bubble risk
Sundar Pichai says no company is immune to correction risks. The Alphabet chief compared today’s AI surge to the dotcom era, as analysts warn valuations, infrastructure spending, and energy demands are stretching business models from Silicon Valley to the City.
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Bitcoin tumbles below $90,000 amid mounting risk-off sentiment
Bitcoin slid beneath US $90,000 for the first time in seven months. The world’s largest cryptocurrency is now down nearly 30 percent from its October peak, as investor appetite for risk assets continues to fade.
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Apple intensifies succession planning for CEO Tim Cook
Apple accelerates its CEO succession plans amid leadership transition talks. The board is reportedly advancing internal preparations for Tim Cook’s eventual departure, with senior executives said to be refining the company’s next phase of leadership continuity ahead of a potential change as early as next year.
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Martech data blind spots threaten AI payback
Only two per cent of CMOs say their marketing data is strong. Most are investing in AI without fixing weak data foundations, leaving advanced tools underperforming and marketing budgets misfiring, according to new findings from Intermedia Global.
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Salesforce tackles water use in data centres
Salesforce launches new initiatives focused on sustainable water usage. The CRM provider’s efforts include enhancing data centre sustainability, investing in watershed resilience in Brazil and Mexico, and scaling its blue carbon initiatives to mitigate environmental impacts….
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UK cyber insurance claims tripled in 2024, says trade body
UK insurers paid out at least £197 million in cyber claims last year. Cyber insurance payouts by UK insurers tripled in 2024, according to the Association of British Insurers, as attacks on companies became more frequent and costly.
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Elon Musk’s $1 trillion Tesla pay plan wins shareholder approval
Tesla shareholders approved a record-breaking pay plan for Elon Musk. The $1 trillion performance-based package ties his reward to growth and valuation milestones through 2035, reviving a 2018 plan struck down by a Delaware court and underscoring investor faith in his leadership despite governance concerns.
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U.S. tariffs and chip curbs deepen strain on Asia’s trade axis
China’s October exports fell 1.1% as U.S. tariffs dampened demand. Japan faces its first contraction in six quarters, and Washington has moved to block Nvidia’s AI chip sales to China — three fronts of tightening pressure across Asia’s trade and technology corridors.
