Concerns are rising around new AI models like Anthropic's Mythos, prompting the European Central Bank (ECB) to urge banks' IT departments to take proactive measures. The goal is to address potential risks and ensure secure AI adoption within the financial sector.
The European Union mandated the sale of shares as part of antitrust conditions to approve Prosus' acquisition of Just Eat Takeaway. Prosus is now requesting the EU to lift this forced sale requirement on its stake in Delivery Hero.
The United States is making a significant investment of $2 billion through federal funding to support nine companies in the quest to establish a strong domestic quantum computing sector. This move highlights the country's commitment to leading in quantum technology development.
France has committed an extra €1 billion to its quantum technology initiatives, intensifying the race alongside the US and European nations to lead advancements in computing, defense, and pharmaceutical research. This significant investment underscores the strategic importance of quantum technology in shaping future industries and national security.
Nvidia has achieved a new milestone in its fiscal 2027 first quarter, reporting an impressive 85% increase in revenue year-over-year, reaching $81.6 billion. This surge highlights the company's dominant position amid the growing demand for AI infrastructure solutions.
The Data Protection Commission (DPC) has confirmed that users who have not verified their age will face the strictest restrictions regarding WhatsApp advertisements. This development comes after discussions between WhatsApp and the DPC, paving the way for ads to debut in Ireland.
Google has introduced a significant update to its Search engine, enabling users to ask follow-up questions seamlessly. This enhancement aims to make information retrieval more interactive and intuitive.
Analog Devices has purchased Empower Semiconductor in a $1.5 billion deal, aiming to strengthen its capabilities in power delivery systems specifically designed for AI applications. This strategic acquisition positions Analog Devices at the forefront of AI hardware innovation.
Qivalis aims to launch its euro stablecoin in the latter half of 2026, with support from major Irish financial institutions including AIB and Bank of Ireland.
The European Union has appointed the Swedish investment firm EQT to manage a substantial €5 billion fund. This initiative aims to support and retain Europe's leading deep tech companies, fostering innovation and growth within the continent.
