US signs off on big Middle East AI chip sale
Published in AI


Washington hands Abu Dhabi and Riyadh a tidy win

Washington’s latest export ruling hands the United Arab Emirates and Saudi Arabia a fat slice of the AI action after months of dithering.

AI agents finally start doing some real work
Published in AI


BNY and Walmart claim their digital workers are more than flashy demos.

For all the noise about AI agents changing everything, most have looked like expensive toys waiting for a job. Now, a few early adopters say the graft is paying off.

SoftBank flogs Nvidia stake to bet big on OpenAI
Published in AI


Son's AI obsession unnerves investors despite record profits

SoftBank Group shares nosedived 10 per cent after it dumped its entire Nvidia stake for $5.8 billion, choosing to punt the lot on OpenAI instead.

AI takes control of $35 billion Korean data centre
Published in AI


Project Concord aims to make humans redundant in server farms

A group of investors in South Korea claims it is building the world’s first large-scale data centre designed, constructed and operated entirely by AI.

CoreWeave’s AI gold rush stalls
Published in AI


Delays bite despite a flood of new deals.

CoreWeave, one of the biggest outfits flogging cloud computing to AI outfits, saw its revenue more than double in the third quarter as it cosied up to some of the biggest beasts in the AI jungle.