All articles by Refna Tharayil
Refna Tharayil
Australia unveils new regulatory frameworks to ensure safe use of AI
The Tech Council has estimated that generative AI alone could contribute between A$45bn ($30.27bn) and A$115bn ($77.36bn) annually to the Australian economy by 2030.
UK CMA approves Microsoft’s partnership with Inflection AI
The partnership would enable Microsoft to enhance its AI capabilities by leveraging Inflection AI’s intellectual property and the expertise of co-founders Mustafa Suleyman and Karén Simonyan.
Data centres could drive 2.5bn tons of CO2 emissions by 2030, warns Morgan Stanley
The surge in emissions is primarily driven by the expansion of energy-intensive data centres by hyperscalers.
Dutch regulator fines Clearview AI €30.5m over illegal facial recognition data collection
Following its investigation, the Autoriteit Persoonsgegevens has warned Clearview AI that failure to comply with its ruling could result in additional penalties of up to €5.1m.
HP expects to continue $4bn lawsuit against Mike Lynch’s estate after his death
The legal battle arises from HP’s $11.1bn acquisition of Autonomy in 2011, which led to an $8.8bn write-down due to alleged accounting irregularities.
Transport for London confirms “cybersecurity incident,” no impact on services
The UK government body responsible for most of the transport network in London said that there was no evidence that customer data had been compromised or that services had been disrupted.
Atos revises financial projections amid challenging business environment
The company has revised its 2024 group revenue forecast to €9.7bn, a slight decrease from the earlier estimate of €9.8bn.
Intel CEO to unveil cost-cutting plan to board, considering divestitures
The plan is anticipated to include the divestiture of non-essential business units and adjustments to capital expenditure as part of efforts to regain the chipmaker’s previous market leadership.
NIST signs AI model evaluation deals with OpenAI and Anthropic
The agreements provide the US AI Safety Institute with access to significant new AI models from both companies, both prior to and following their public release.
Dell Technologies boosts forecasts amid rising demand for AI servers
The company’s Infrastructure Solutions Group, which includes Nvidia-powered servers, saw a 38% revenue increase to $11.65bn in Q2, driven by growing demand for AI-capable systems.