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AI & Enterprise
Jeff Bezos says 2 to 3-year timeline for space data centre is a stretch
Jeff Bezos, the founder of Amazon, said the idea of sending data centres into space is realistic but pushed back against forecasts that it could happen within 2 to 3 years. Speaking in an interview with Andrew Ross Sorkin, Bezos said plans to place data centres in orbit in that timeframe will not be achieved. He did not reject the overall direction, but stressed that short-term schedules discussed in the market may be far from reality.
AI & Enterprise
Survey shows 63% of UK firms factor AI skills into promotion decisions
Companies are increasingly using artificial intelligence skills as a benchmark that directly affects promotions and salaries. A new HiBob survey found 63% of UK companies factor AI capabilities into promotion decisions and 61% include them in regular performance reviews. Some 31% said AI proficiency directly affects annual pay. Firms also expect mid-level AI skills to become a baseline requirement across roles, including non-technical jobs, and are investing in training and retraining programmes.
AI & Enterprise
Mistral CEO says Europe has 2 years to build AI infrastructure or face permanent dependence on U.S.
Europe has only two years to build its own AI infrastructure before becoming permanently dependent on U.S. big tech, Mistral CEO Arthur Mensch has warned, Business Insider reported. Speaking at a French National Assembly hearing on digital sovereignty and AI, he said the outcome would be decided within two years. Mensch said Europe risks losing control not only of AI models but also of energy and computing infrastructure, and warned it could become a “vassal” if it keeps importing U.S. digital services.
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Industry
Honda posts over $9 billion loss on EVs, drops 2040 full electrification goal
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AI & Enterprise
Trump call adds Nvidia CEO to China trip, sends shares up; Wall Street sees 30 percent more gains
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AI & Enterprise
Alphabet briefly tops Nvidia in after-hours trade as shares jump 160 percent in a year
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AI & Enterprise
AI era puts companies at HR crossroads: layoffs or more output with staff retention
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Crypto
Ripple CEO says CLARITY Act passage not guaranteed despite stablecoin compromise
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Crypto
TD Cowen says no room for compromise as stablecoin yield row rocks CLARITY Act
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Finance
Woori Financial says KOSPI 7,000 possible, reviews rates, AI, pension variables
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AI & Enterprise
AI agents will reshape B2B fintech, Webcash vice chairman says
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Industry
Strait of Hormuz set to reopen as supply chains ease and semiconductor rally resumes
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Crypto
Polymarket overhauls trading engine, smart contracts to introduce in-house stablecoin
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Finance
BlackRock pushes to launch Nasdaq 100 ETF, can it shake Invesco QQQ dominance
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Telecommunications & Media
Mobile carriers\' CEOs take contrasting approaches as AI leadership race heats up
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Crypto
Crypto winter returns as trading volumes plunge and industry expands alliances with finance
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Games & Commerce
Handheld gaming PCs hit by AI-driven component shortages and price spikes
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AI & Enterprise
PC market on alert as CPU shortage fuels price hikes and delays