The deal is an internal Blackstone consolidation, both AirTrunk (acquired for A$24 billion in 2024) and Lumina CloudInfra (launched by Blackstone in 2022) sit within the same portfolio. By folding Lumina into AirTrunk, Blackstone gives its Asia-Pacific…
Siemens, Nvidia, and UK robotics startup Humanoid have successfully deployed an AI-powered wheeled humanoid robot in live logistics operations at a Siemens electronics factory in Germany. The HMND 01 Alpha completed over eight hours of autonomous tote-…
AI coding adoption is exploding. But most engineering leaders are still measuring usage instead of outcomes. That creates a costly blind spot. There is a question that nobody in the AI industry wants you to ask. Not OpenAI. Not Anthropic. Not Google. N…
Australia’s markets regulator has publicly confirmed it is watching the development of Anthropic’s Mythos model alongside peer regulators worldwide, adding to a rapidly expanding international regulatory response that began with the Bank of England, th…
The ASX-listed data centre operator is raising A$1.5 billion in a fully underwritten equity offering and expanding its hybrid securities programme by A$700 million, with La Caisse de dépôt et placement du Québec now committed to a total of A$1.7 billio…
The CEO of Europe’s most valuable startup gave his clearest IPO timeline yet in a Bloomberg interview, narrowing his December ‘two to three years’ estimate to ‘two years.’ It came as Revolut marked the biggest regulatory milestone in its history and fi…
Summary: Google is in talks with Marvell Technology to develop two new AI chips – a memory processing unit and an inference-optimised TPU – adding a third design partner alongside Broadcom and MediaTek in its custom silicon supply chain. The discussion…
In short: Stanford’s 2026 AI Index Report finds the performance gap between the best American and Chinese AI models has collapsed to 2.7%, down from 17.5-31.6 percentage points in May 2023, despite the US spending 23 times more on private AI investment…
In short: Meta will begin companywide layoffs on 20 May, cutting approximately 8,000 employees (10% of its 78,865-person workforce), with additional cuts planned for the second half of 2026. The restructuring, which follows earlier rounds that brought …
The European Investment Fund is raising a €15 billion fund of funds called ETCI 2 that aims to unlock up to €80 billion in scaleup funding across Europe. Germany’s WIN initiative is targeting €12 billion by 2030. France’s Tibi programme has pledged €7 …