Europe’s next-generation fighter jet project may collapse if row continues, says warplane maker Dassault Aviation says €100bn project may soon be ‘dead’ if Airbus will not agree on how to share workload
Nvidia and UK Wealth Fund invest in British autonomous driving startup Oxa Oxford-based firm has raised $103m for commercial development of software for self-driving industrial vehicles
What was really behind Jack Dorsey laying off nearly half of Block’s staff? CEO cited AI advances in cutting 4,000 workers, but a weak crypto market and declining stock price may also be at play
OpenAI amends Pentagon deal as Sam Altman admits it looks ‘sloppy’ ChatGPT owner’s CEO says it will bar its technology being used for mass surveillance or by intelligence services
UK firms in Middle East face heightened threat from Iran hackers, agency warns National Cyber Security Centre urges increased vigilance over risk of indirect attack by hacktivists amid conflict
AI-resistant ‘halo’ stocks drive UK and EU markets to record highs Investors shifting to ‘heavy-asset, low-obsolescence’ companies insulated from disruption, says Goldman Sachs
Jack Dorsey to cut 4,000 jobs due to AI advances at Square parent Block Shares in company increased over 20% as investors were encouraged by CEO’s assertion that cuts will drive profits
World Economic Forum CEO quits after Epstein links examined; Ineos Quattro earnings fall – as it happened Rolling coverage of the latest economic and financial news
Tell us: how will the UK’s landline switch-off affect you or your family? The UK will phase out traditional home phones by 2027, but the switchover has been stressful for some. How do you feel about the change?
Rolls-Royce boss pushes for UK taxpayer support for new jet engine Firm, which has announced record profits and £9bn share buyback, has £3bn project for smaller commercial planes
WPP to sell assets and cut jobs in radical shake-up to counter AI threat Group aims to be ‘simpler, lower-cost, AI-enabled business’ and achieve £500m of annual savings by 2028
Keen bosses, strange mistakes and a looming threat: workers on training AI to do their jobs Some say the technology is devaluing their work, while others reckon it is not yet – and might never be – good enough to replace them entirely
Nvidia quarterly earnings show immunity to AI bubble fears as it cashes in on datacenter boom Chipmaker’s quarterly earnings surpassed Wall Street’s expectations every quarter for multiple years
Top US body-camera maker reports record revenue amid Trump immigration crackdown Axon sees ‘major opportunities’ as Congress proposes $20m for ICE body cameras but data privacy experts warn of risks
‘A feedback loop with no brake’: how an AI doomsday report shook US markets Shares in Uber, Mastercard and American Express fall on back of apocalypse scenario posted on Substack