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Musk's xAI eyes $4.3B equity raise after $14B already spent
Jun 18,2025
According to Bloomberg News, Elon Musk's AI venture, xAI, is reportedly in talks to raise an additional$4.3 billion through equity investment. However, this would be in addition to the$5 billion debt sale already underway, with commitments due by Tue...
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Oxford physicists set new qubit accuracy record
Jun 17,2025
Physicists at the University of Oxford have achieved a ground?breaking error rate in quantum logic operations, reducing it to just?0.000015?percent, one mistake in 6.7?million operations. The result marks nearly a ten?fold improvement over their...
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G7 trip could shift political balance for President Lee
Jun 17,2025
President Lee Jae-myung is making his first major diplomatic appearance at the G7 summit in Canada, just two weeks into office. The trip marks a reset of South Korea's foreign policy, focusing on pragmatic diplomacy prioritising national interest. Of...
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Brazilian telcos to push back on network fee ban
Jun 14,2025
Brazilian telecom operators strongly oppose a bill that would ban charging network fees to big tech companies, arguing that these companies consume most of the network traffic, about 80% of mobile and 55% of fixed usage. The telcos propose a compromi...
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Canva makes AI use mandatory in coding interviews
Jun 13,2025
Australian design giant Canva has revamped its technical interview process to reflect modern software development, requiring job candidates to demonstrate their ability to use AI coding assistants. The shift aims to assess better how candidates would...
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Apple study finds AI fails on complex tasks
Jun 11,2025
A recent study by Apple researchers exposed significant limitations in the capabilities of advanced AI systems and huge reasoning models (LRMs). Apple's team suggested this may point to a fundamental limit in how current AI models scale up to general...
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Teachers get AI support for marking and admin
Jun 11,2025
According to new government guidance, teachers in England are now officially encouraged to use AI to reduce administrative tasks. The Department for Education has released training materials that support the use of AI for low-stakes marking and routi...
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Hong Kong builds AI tool for breast cancer diagnosis
Jun 10,2025
Researchers at the Hong Kong University of Science and Technology have unveiled a pioneering AI model called MOME for non-invasive breast cancer diagnosis. Using China's largest multiparametric MRI breast cancer dataset, MOME performs at a level comp...
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Qualcomm to acquire Alphawave for $2.4 billion
Jun 10,2025
Qualcomm has agreed to acquire London-listed semiconductor firm Alphawave for approximately$2.4 billion in cash, aiming to strengthen its position in AI and data centre technologies. Alphawave shares surged 23% in London trading following the announc...
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AI in higher education: A mixed blessing for students and institutions
Jun 07,2025
AI rapidly reshapes university life, offering students new tools to boost creativity, structure assignments, and develop ideas more efficiently. At institutions like Oxford Brookes University, students like 22-year-old Sunjaya Phillips have found tha...
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AI avatar replaces CEO in Klarna's update
Jun 06,2025
Klarna CEO Sebastian Siemiatkowski recently used an AI-generated avatar to deliver the company's quarterly earnings report, marking a bold step in the fintech firm's ongoing integration of AI. Though the avatar's performance revealed minor flaws, suc...
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Czech justice minister quits over bitcoin scandal
Jun 04,2025
Czech Justice Minister Pavel Bla?ek has resigned after it emerged he received a E40 million bitcoin donation from a convicted drug dealer. The funds, amounting to roughly 468 bitcoins, were sent by Tom
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