AI Act Fining Clock: EU Draft Lets Regulator Restart Limits for Google and Meta AI
EU draft lets the AI Office restart the AI Act fining clock via investigative steps, with a 10-year cap and fines up to 7% of turnover.
EU draft lets the AI Office restart the AI Act fining clock via investigative steps, with a 10-year cap and fines up to 7% of turnover.
The EU withdrew its AI liability proposal, shifting frontier-model failure costs onto enterprise buyers and insurers. Here is what changes.
Xbox CEO Asha Sharma says Project Helix, the next-gen Xbox, will be a family of devices including a console and partner handheld.
Qualcomm CEO Cristiano Amon says AI companies want phones running 100-billion-parameter AI models continuously by 2028, versus today's 30B limit.
The Navy's $150 million modification lifts the X-BAT investment to $400 million, matched by Shield AI, with first flight slated for Kansas in late 2026.
Intel and Qualcomm have raised PC processor prices, with Panther Lake up 15-20% and Snapdragon X up about 10%. AMD's increase is still unconfirmed.
Anthropic compute commitments total at least $518B, about 80% non-cancelable. With most revenue usage-based, the IPO must justify large fixed costs.
Telegram Money wallet rolls out beyond its limited group for Gram transfers, while the old Wallet becomes Walt with balances unchanged.
Google's Project Suncatcher prototype reached orbit with four TPUs. Launch costs must fall near $200/kg before orbital AI compute can compete with data centers.
Meta Muse builds hourly dossiers on users and their contacts, including non-users who cannot opt out. Here is what TIME's investigation found.
Samsung reportedly plans a 20-30% Samsung Galaxy production cut for Q4 2026 as memory costs squeeze phone margins. Here is what buyers should expect.
Talks over a $1 billion Nvidia Figure investment deepen a capital loop that ties the chipmaker's equity stakes to the GPU demand it books as revenue.
Firmus IPO scrapped: the Nvidia-backed data center operator walked away from its $5 billion ASX listing after weak demand and will raise privately.
Biren share placement raises HK$4.04bn ($515m) in Shanghai Biren's third cash call in nine months, as dilution and a July discount hit the stock.
OPPO Find X10 global launch lands October 21 in Mallorca, with Hasselblad dual 200MP cameras, a triple 200MP Pro Max and leaked EUR 1,399 pricing.