Larry Ellison has cancelled his plan to sell $7.5bn of Oracle stock, a day after it surfaced
Larry Ellison has cancelled a trading plan that would have let him sell up to 50 million Oracle shares by 24 October, a day after the plan was disclosed and with no stock sold und…
The US transport secretary told Ford to cut its Chinese ties, including one in Valencia
The US transportation secretary has told Ford to cut ties with CATL and Geely, objecting among other things to the joint venture the carmaker is building with Geely at its plant i…
Larry Ellison steps back from the Oracle spotlight as the AI pivot takes over
Larry Ellison has been absent from Oracle’s earnings calls this year and is not on the billing for next month’s user conference, a year after the company promoted Clay Magouyrk an…
Anthropic’s Dario Amodei says the AI industry must slow down
Dario Amodei has called on the AI industry to slow the pace at which it improves models, committing Anthropic to embedded third-party evaluators and asking Washington for an antit…
Anthropic CEO outlines plan to ‘pace the frontier’
What would it actually look like to "pace the frontier"?
Revolut confirms customer data breach through fake government requests
Revolut said it notified affected customers and alerted the relevant government agency, law enforcement, and financial regulators.
Oracle has set aside $700M more for job cuts it has not made yet
Oracle has raised the cost of its 2026 restructuring by $700M to about $2.8B, covering actions it says it expects to take, and disclosed a plan letting Larry Ellison sell 50 milli…
China’s AI industry is moving from models to agents, a state report says
China’s AI industry is moving from competing on models to deploying agents, and the China Telecom Research Institute expects inference to reach 80% of the country’s compute market…
Nvidia may put $10bn into Anthropic’s IPO, more than Europe’s largest AI round in full
Nvidia is in talks to invest up to $10bn in Anthropic’s initial public offering, which seeks as much as $100bn at a valuation near $2trn and would be the largest listing in histor…
Li Auto will launch in Europe this quarter, six years earlier than it said it would
Li Auto will show the Li 6 at next month’s Paris Motor Show and start selling in Europe in the fourth quarter, six years earlier than its founder said it would. It is bringing onl…
Lawmaker demands federal action after 43 Tesla drivers were filmed asleep at the wheel
A US congressman has asked federal regulators what they intend to do about Tesla drivers who sleep while Full Self-Driving is switched on, demanding answers from the transportatio…