Ant International, Visa, and Mastercard have agreed to develop a shared "know your agent" framework for AI-driven payments, citing McKinsey projections that autonomous agents will handle $3 trillion to $5 trillion in global consumer commerce by 2030.
Amazon has appointed Kevin Mandia, founder and former CEO of Mandiant, to its board of directors. Mandia received 4,086 shares valued at roughly $1 million as part of the appointment.
Grindr has agreed to pay £26 million ($35.2 million) to settle a UK lawsuit alleging it shared users' HIV status with advertisers, with payments due in two installments by March 2027.
CoreWeave CEO Mike Intrator said Wednesday that AI companies have not done enough to explain the technology's benefits to the public, as an Anthropic researcher's high-profile resignation and a bipartisan push for government AI transparency added to sector pressures.
Silver Lake plans to merge French software firms Cegid and Silae in a deal valued at more than 10 billion euros ($11.6 billion), creating a combined entity with annual revenue of 1.6 billion euros and a 1,400-person AI development team.
Economic think tank Verdant estimates AI data centers will create only about 10,400 permanent jobs in the U.K. by 2035 — roughly a quarter of the 40,200 roles projected by tech trade association techUK — citing the greater automation of newer, larger facilities.
Google announced a commitment of at least 13 billion euros ($15.1 billion) into AI data centers and energy projects in Finland through 2028, the company's largest single investment in Europe, paired with a 22-year power purchase agreement with Finnish energy company Fortum.
Ant International, Visa, and Mastercard have agreed to develop a shared "know your agent" framework for AI-driven payments, citing McKinsey projections that autonomous agents will handle $3 trillion to $5 trillion in global consumer commerce by 2030.
Silver Lake plans to merge French software firms Cegid and Silae in a deal valued at more than 10 billion euros ($11.6 billion), creating a combined entity with annual revenue of 1.6 billion euros and a 1,400-person AI development team.
Jaguar Land Rover has opened a voluntary redundancy programme and is planning to cut up to 4,000 jobs over two years, targeting £1.7 billion in savings as it faces Chinese competition, U.S. tariffs, and fallout from a cyberattack.
CoreWeave CEO Mike Intrator said Wednesday that AI companies have not done enough to explain the technology's benefits to the public, as an Anthropic researcher's high-profile resignation and a bipartisan push for government AI transparency added to sector pressures.
Economic think tank Verdant estimates AI data centers will create only about 10,400 permanent jobs in the U.K. by 2035 — roughly a quarter of the 40,200 roles projected by tech trade association techUK — citing the greater automation of newer, larger facilities.
Google announced a commitment of at least 13 billion euros ($15.1 billion) into AI data centers and energy projects in Finland through 2028, the company's largest single investment in Europe, paired with a 22-year power purchase agreement with Finnish energy company Fortum.
Written for readers who already know the basics — markets, AI, and the policy decisions that shape both.