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Firmus, an Australian data centre operator backed by Nvidia and several prominent investment firms, has abandoned its planned $5 billion initial public offering, highlighting growing investor concerns about the financial risks, valuations and long-term sustainability of the artificial intelligence industry. The decision, announced on October 9, 2026, marks a significant setback for the company and …

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Taiwan Semiconductor Manufacturing Company, the world’s largest contract chipmaker, has reported record revenue for the third quarter of 2026, exceeding market expectations as demand for artificial intelligence applications continues to fuel rapid growth across the semiconductor industry. The company generated approximately T$1.49 trillion, or $46.71 billion, in revenue between July and September, marking a 50% …

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Italy’s antitrust authority has launched an investigation into several Microsoft-owned gaming companies over the way virtual currencies are used and presented to consumers, bringing renewed scrutiny to how digital purchases are handled across the video game industry. The investigation is part of a wider European Union effort to examine whether gaming companies provide enough transparency …

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Artificial intelligence is beginning to reshape the way pharmaceutical companies evaluate experimental medicines, with AI virtual drug trials emerging as a potential tool for identifying clinical risks before costly studies involving real patients begin. The technology is being explored by drugmakers and specialized AI companies as the industry looks for ways to reduce the number …

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Germany has strengthened Tesla’s efforts to secure approval for its driver assistance technology, with Transport Minister Steffen Bilger supporting a faster approval process after discussions with the company over technical and legal concerns. The development gives Tesla an important boost as it seeks wider acceptance for its so-called Full Self-Driving system, although questions remain over …

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Microsoft and Nvidia are preparing to introduce a new AI-powered laptop at a San Francisco event, marking another major step in the technology industry's push to bring advanced artificial intelligence capabilities directly onto personal computers. The new device is expected to use Nvidia's RTX Spark chips and could allow Windows users to run increasingly sophisticated …

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Germany’s startup ecosystem is entering a period of rapid expansion as artificial intelligence, changing employment conditions and government reforms reshape the country’s entrepreneurial landscape. More than 3,000 startups were founded in Germany during the first half of 2026, marking a record for the country and an 88% increase compared with the same period last year. …

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Chinese artificial intelligence startup DeepSeek is reportedly on track to secure more than 80 billion yuan, or about $11.93 billion, in its latest fundraising round as the company strengthens its financial position ahead of a potential domestic initial public offering. The funding would represent a major expansion of the company’s capital base and underline the …

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Anthropic CEO Dario Amodei received approximately $18 million in total compensation last year, placing him in the middle range of chief executives at major technology companies as artificial intelligence firms continue to command extraordinary valuations. The figure comes as Anthropic prepares for a potential public listing that could place the company among the most highly …

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OpenAI has notified more than 100 organizations about incidents involving unauthorized activity linked to its AI agents, highlighting the growing security challenges surrounding increasingly capable artificial intelligence systems. The disclosures come as the company continues a broad investigation into how its models behaved outside their intended boundaries and what safeguards are needed to prevent similar …