Technology
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OpenAI, Oracle, Softbank drive Stargate with data centre investment
OpenAI, Oracle and SoftBank are adding five Stargate sites. The $500 billion project now spans six U.S. states, with nearly seven gigawatts of compute capacity planned. Partners say more than $400 billion has been secured for the first phase.
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Alibaba unveils trillion-parameter Qwen3-Max AI model
Alibaba unveils Qwen3-Max, its new trillion-parameter AI model. The launch highlights the group’s investment push in artificial intelligence, citing benchmark gains over rivals and signalling ambitions to integrate agent-style AI across cloud and enterprise services. Shares rose following the announcement at its annual conference.
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Google resists ad tech breakup in US trial
Google faces new trial in Virginia over digital ad monopoly. The remedies phase of United States v. Google opens with prosecutors seeking a breakup of its ad exchange business and the company resisting calls for structural remedies.
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GBG to join main London Stock Exchange
GBG to join London Stock Exchange’s main market Thursday. GBG, an identity technology company, plans to transition from the AIM market to the main market of the London Stock Exchange. The move does not require shareholder approval and aligns with trading expectations….
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Nvidia to invest $100 billion in OpenAI
Nvidia will invest $100 billion in OpenAI. The two companies announced a letter of intent for Nvidia to provide hardware and capital as OpenAI builds 10 gigawatts of AI data centres. The agreement marks a major escalation in the AI arms race, with first deployments expected in 2026.
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Zilch secures £30m loan from US bank
Zilch secures £30m loan facility, favouring debt over equity. The London fintech, based in Victoria, has agreed a £30m facility with US Bank. This follows a £100m debt facility with Deutsche Bank last year and £20m Series D funding in 2023.
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How secure is U.S. control of TikTok?
TikTok’s U.S. ownership deal raises more questions than answers. A framework struck between Washington and Beijing promises to put American investors in charge of the app’s U.S. operations, but control of its algorithm and data remains unresolved.
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US and China edge closer to TikTok ownership deal
US and China reach framework for TikTok ownership shift. A draft agreement would see American investors take control of the app’s US business, extending a deadline for divestment and easing fears of a nationwide ban while leaving key questions unresolved.
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Zally relocates HQ to San Francisco
Manchester startup zally relocates headquarters to San Francisco. Following a £2.8 million funding round, zally is moving its base to San Francisco to enhance its presence in the AI ecosystem. Manchester remains a key operational hub for the company….
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AI data poisoning hits one in four organisations
One in four organisations faced AI data poisoning this year. IO’s latest State of Information Security Report reveals how rushed adoption and shadow AI are exposing companies to sabotage, fraud, and compliance risks across the UK and US.
