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Dassault Aviation says €100bn project may soon be ‘dead’ if Airbus will not agree on how to share workloadFrance and Germany’s next-generation fighter jet project could soon be “dead”, one of the two companies tasked with delivering it has warned, amid a worsening corporate rift over who gets to build the aircraft.Dassault Aviation, France’s leading […]
Investors are shifting toward physical assets that are partially insulated from disruption, says Goldman SachsInvestors have a new mantra as they prepare for AI to shake up the global economy – the Halo trade.Interest in Halo – short for “heavy assets, low obsolescence” – has risen as investors seek out companies with tangible, productive assets,
Investment in AI-resistant ‘Halo’ companies helps push UK and EU markets to record highs Read More »
Engine maker promises to give up to £9bn to shareholders over next three years as turnaround gathers paceRolls-Royce’s profits soared by 40% last year as the engineering company’s turnaround gathered pace, helped by booming demand for power from datacentres.The company reported underlying profits of £3.5bn for 2025, up from £2.5bn the year before, as it
Rolls-Royce profits soar 40% amid booming demand for AI datacentre power Read More »
Group aims to be ‘simpler, lower-cost, AI-enabled business’ and achieve £500m of annual savings by 2028The beleaguered advertising group WPP has announced a radical restructure to counter the threat posed by the AI revolution, including merging its ad agencies and cutting jobs.Aiming to be “a simpler, lower-cost, AI-enabled business”, the London-based company laid out plans
WPP to merge ad agencies and cut jobs in radical shake-up to counter AI threat Read More »
The London-based company is building a system that uses artificial intelligence to power autonomous vehicles.
Wayve, an A.I. Driverless Car Start-Up in Europe, Raises $1.2 Billion Read More »
Consulting firm keen to increase uptake of technology and is reportedly monitoring adoption by workforceAccenture has reportedly started tracking staff use of its AI tools and will take this into consideration when deciding on top promotions, as the consulting company tries to increase uptake of the technology by its workforce.The company told senior managers and
Accenture ‘links staff promotions to use of AI tools’ Read More »
French president rejects US criticism as António Guterres and Narendra Modi warn on child safety and AI monopoliesBusiness live – latest updatesEurope live – latest updatesEmmanuel Macron has hit back at US criticism of Europe’s efforts to regulate AI, vowing to protect children from “digital abuse” during France’s presidency of the G7.Speaking at the AI
Macron defends EU AI rules and vows crackdown on child ‘digital abuse’ Read More »
PM says action is looking at potential criminal liability in order to protect children and end ‘impunity’ of online platformsThe Spanish government will ask prosecutors to investigate the social media companies X, Meta and TikTok to determine whether they have committed criminal offences by allegedly allowing their AI to generate and disseminate child sexual abuse
Spain to investigate social media firms over AI-generated child sexual abuse material Read More »
By trusting the US, we handed Trump a kill switch. Yet Europe’s digital sovereignty is an achievable goalThe French judge Nicolas Guillou knows exactly how deep Europe’s dependence on US tech is. Guillou and his colleagues at the international criminal court are under US sanctions. They can no longer use e-commerce, book hotels online or
Move is a ‘backwards step’, company spokesperson says, amid concerns Kremlin is seeking more state control via messaging apps such as MaxRussia has attempted to “fully block” WhatsApp in an attempt to push users towards its own state-sponsored communications app, Max, a spokesperson for the Meta-owned company has said.The company did not reveal more detail
Russia attempted to ‘fully block’ WhatsApp, Meta-owned company says Read More »
