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Apple dethrones Nvidia to regain title of world’s most valuable company

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Shift in the pecking order illustrates that investors are reassessing the outlook for artificial intelligenceApple overtook Nvidia on Friday to become the world’s most valuable company, reshuffling the top ranks of tech heavyweights as investors reassess the outlook for artificial intelligence.Apple was last valued at $4.88tn as ⁠its shares held steady, while Nvidia ⁠was roughly […]

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Why Apple Sued OpenAI, New York Takes on Data Centers, and What to Know about Cyclosporiasis

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On today’s Uncanny Valley, we unpack OpenAI’s ongoing drama, both legal and reputational, and whether these developments could further hurt the company—particularly in its fight against Anthropic.

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Anthony Albanese’s AI vision scores high on vibes but the devil will be in the detail. And there is one glaring omission … | David Pocock

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When the PM talks about new laws applying to the ‘next generation of large-scale datacentres’ what does he mean?Albanese’s AI blueprint sparks calls for datacentre moratorium until new regulations in placeExpectations were high as the prime minister took the stage at the University of Sydney on Wednesday to outline a pivot in his government’s approach

Anthony Albanese’s AI vision scores high on vibes but the devil will be in the detail. And there is one glaring omission … | David Pocock Read More »

Global cooperation needed to tackle AI threats, says Bank of England governor

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Andrew Bailey warns that US will not be able to achieve its ambitions aloneThe Bank of England governor has called for international cooperation to tackle growing AI threats, warning that the US and Trump administration would not be able to achieve their ambitions alone.Andrew Bailey’s comments come weeks after the US president, Donald Trump, temporarily

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IBM loses quarter of its value as tech giant’s shares plunge and profits falter

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IBM issued profit warning after weak second quarter, triggering selloff in software sector including MicrosoftShares in IBM plunged more than 25% on Tuesday after the US tech giant released disappointing preliminary second-quarter results. IBM’s stock was on track for an even steeper single-day decline than it suffered during ⁠the 1987 “Black Monday” crash.IBM had issued

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