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IBM sets 2029 target for quantum breakthrough
Jun 11,2025
IBM has set out a detailed roadmap to deliver a practical quantum computer by 2029, marking a major milestone in its long-term strategy. The company plans to build its 'Starling' quantum system at a new data centre in Poughkeepsie, New York, targetin...
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Meta strikes $15B deal with Scale AI
Jun 11,2025
Meta Platforms is set to acquire a 49 percent stake in Scale AI for nearly$15 billion, marking its largest-ever deal. CEO Mark Zuckerberg sees The agreement as a significant move to accelerate Meta's push into AI instead of relying solely on in-house...
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OpenAI's revenue almost doubles to $10 billion
Jun 11,2025
OpenAI has revealed that its annualised revenue has surged to$10 billion as of June 2025, nearly doubling since December 2024, when it stood at$5.5 billion. Therapid growth is driven by the widespread adoption of its ChatGPT AI models across consumer...
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M&S resumes online orders after cyberattack
Jun 10,2025
Marks & Spencer has resumed online clothing orders following a 46-day pause triggered by a cyberattack. The retailer restarted standard home delivery across England, Scotland and Wales, focusing initially on best-selling and new items instead of ...
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Broadcom beats estimates but stock dips after-hours
Jun 07,2025
Broadcom reported strong second-quarter earnings and revenue driven by robust AI demand and solid networking performance. Despite beating expectations and raising its outlook, the stock fell 3.47% in after-hours trading on Thursday - likely due to pr...
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ChatGPT adds meeting recording and cloud access
Jun 06,2025
OpenAI has launched new features for ChatGPT that allow it to record meetings, transcribe conversations, and pull information directly from cloud platforms like Google Drive and SharePoint. Instead of relying on typed input alone, users can now speak...
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Gemini 2.5 Pro tops AI coding tests, surpasses ChatGPT and Claude
Jun 06,2025
Google has released an updated version of its Gemini 2.5 Pro model, addressing issues found in earlier updates. Unlike the I/O Edition, which focuses mostly on coding, the new version improves performance more broadly and is expected to become a stab...
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OpenAI and India plan AI infrastructure push
Jun 06,2025
OpenAI is in discussions with the Indian government to collaborate on data centre infrastructure as part of its new global initiative, 'OpenAI for Countries'. The programme aims to help partner nations expand AI capabilities through joint investment ...
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Amazon invests $10 billion in AI data centres
Jun 05,2025
Amazon is investing$10 billion to build data centres in North Carolina, aiming to expand its AI and cloud infrastructure instead of outsourcing compute needs. The initiative will create at least 500 high-skilled roles and includes support for educati...
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OpenAI hits 3 million business subscribers
Jun 05,2025
OpenAI has added another 1 million paying business subscribers since February, bringing the total to 3 million across ChatGPT Enterprise, Team and Edu. The milestone was shared during a company livestream and confirmed in interviews with outlets like...
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Google email will reply by using your voice
Jun 05,2025
Google is building a next-generation email system that uses generative AI to reply to mundane messages in your own tone, according to DeepMind CEO Demis Hassabis. Speaking at SXSW London, Hassabis said the system would handle everyday emails instead ...
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Nigeria launches AI Scaling Hub with Gates Foundation
Jun 04,2025
In partnership with the Gates Foundation, Nigeria has launched the Nigeria Artificial Intelligence Scaling Hub, backed by a funding commitment of up to$7.5 million over three years. Announced during a signing ceremony in Abuja, the initiative will fo...
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