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AGCOM imposed a fine of €750,000 on Google due to gambling videos on YouTube.
AGCOM imposed a €750,000 fine on Google for gambling videos on YouTube. Google referenced the hosting protection. The creator was part of a verified revenue-sharing agreement.
Japan is constructing a 140MW AI factory dedicated to robotics, with Nvidia providing all the necessary equipment.
Noetra, a consortium composed of SoftBank, NEC, Sony, and Honda, will operate 27,500 Rubin GPUs for the FRONTia physical AI project in Japan. The price has not been revealed.
An F1 aerodynamicist has secured $55 million in funding to train factory robots by utilizing videos of individuals performing household tasks.
Microagi secured $55 million in funding, with Hummingbird at the forefront. Its data division compensates 20,000 individuals across 15 nations to record themselves while working. Robots lack internet access for learning.
Trump describes the halt on New York's data center as a "terrible decision." Hochul remains steadfast.
The day after New York became the first state to halt large data centers, Trump called for an immediate reversal of that decision. Hochul responded within hours.
Microsoft is training its sales team to downplay the models it currently utilizes.
During an internal kickoff for FY27, Microsoft executives instructed the sales team to highlight Copilot positively when comparing it to Claude and OpenAI in terms of cost, speed, and security.
Applied Computing secures $20 million to develop a foundational model for the refinery.
The London-based startup reports that its plants utilize less than 8% of the data they gather. Its Orbital model integrates time series, physics, and language. KBR spearheaded the $20 million funding round.
WHO cautions that the gap in health governance for AI in Europe is increasingly becoming irreversible.
Almost two-thirds of nations in the WHO European Region utilize AI diagnostics, but only one out of twelve has a strategy for its governance. Kluge describes this disparity as the key challenge.
Google has just hinted at a Pixel 11 feature that we've been anticipating for several months.
A multicolored light featured in the teaser for Google’s new Pixel 11 series could indicate the functionality of Pixel Glow on the soon-to-be-released Pixel 11 Pro.
xAI's initial lawsuit against a user examines accountability for the content generated by Grok.
xAI has filed a lawsuit against a man from South Carolina for reportedly using Grok to create child sexual abuse material, marking the first case of its kind, while also contending with lawsuits that claim the opposite.Uber consents to a $14.8 billion acquisition of Delivery Hero, which is 26% higher than its May offer.
Uber has reached an agreement for a takeover of Delivery Hero at €41.50 per share, which places its valuation at $14.8 billion. In May, Uber had proposed €33 per share. Additionally, fourteen markets will be transferred to SSW Partners for $1.6 billion.Uber consents to a $14.8 billion acquisition of Delivery Hero, which is 26% higher than its offer made in May.
Uber has reached an agreement for a takeover of Delivery Hero at €41.50 per share, which values the company at $14.8 billion. In May, it had proposed €33 per share. Additionally, fourteen markets will be sold to SSW Partners for $1.6 billion.
Wall Street recently experienced its strongest quarter in investment banking in years, claiming that AI has initiated a super cycle.
Goldman recorded an all-time high of $3.4 billion in investment banking fees, representing a 55% increase. The CEO refers to it as an AI capex super cycle. Meanwhile, JPMorgan's CFO is opting out of data center transactions.
Wall Street recently experienced its strongest quarter for investment banking in years, and it is referring to AI as a supercycle.
Goldman recorded a historic $3.4 billion in investment banking fees, an increase of 55%. The CEO describes it as an AI capital expenditure super cycle. Meanwhile, JPMorgan's CFO is opting out of data center agreements.
Europe's strongest earnings quarter in three years is driven by energy rather than AI.
Profits for the STOXX 600 are expected to increase by 15.3% in the second quarter, marking the highest growth rate since 2022. Excluding the energy sector, the growth rate drops to 6%, compared to 19.6% in the United States.Stay Ahead with the Latest IT News: Trends, Developments, and Innovations
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