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WiseTech co-founder Richard White resigns from his role as chair, yet retains his position on the board.

WiseTech co-founder Richard White resigns from his role as chair, yet retains his position on the board.

Richard White, co-founder of WiseTech, has resigned from his position as executive chair during a police investigation but will remain on the board as chief innovation officer. Shares increased. Nscale secures a $900 million revolving credit facility to finance its data center expansion.

Nscale secures a $900 million revolving credit facility to finance its data center expansion.

Nscale has finalized a $900 million revolving credit facility, which has been syndicated among 12 banks, enhancing its flexible liquidity for the development of AI data centers. Nscale secures a $900 million revolving credit facility to support its data center expansion.

Nscale secures a $900 million revolving credit facility to support its data center expansion.

Nscale has secured a $900 million revolving credit facility, syndicated among 12 banks, which provides flexible liquidity for its AI data center expansion. Synopsys steps back from chip fabrication software to pursue profit margins in AI design.

Synopsys steps back from chip fabrication software to pursue profit margins in AI design.

Sources have informed Reuters that Synopsys is discontinuing its fab manufacturing control software to shift its engineers' focus towards more profitable AI chip design. Google and RWE support Proxima Fusion in a historic €411 million funding round.

Google and RWE support Proxima Fusion in a historic €411 million funding round.

Proxima Fusion in Munich has secured €411 million in funding from investors such as Google and RWE, marking the largest private fusion funding round in Europe to date. According to sources, the US cyber agency is utilizing Anthropic's Mythos to examine government code.

According to sources, the US cyber agency is utilizing Anthropic's Mythos to examine government code.

According to sources, CISA is said to be employing Anthropic’s Mythos AI to examine government code for vulnerabilities, just months following a confrontation with the White House. The US cyber agency is reportedly utilizing Anthropic’s Mythos to review government code, according to sources.

The US cyber agency is reportedly utilizing Anthropic’s Mythos to review government code, according to sources.

According to sources, CISA is allegedly utilizing Anthropic's Mythos AI to examine government code for vulnerabilities, several months after a conflict with the White House. Samsung's profit in the second quarter soared 19 times to reach 89 trillion won due to the demand for AI memory.

Samsung's profit in the second quarter soared 19 times to reach 89 trillion won due to the demand for AI memory.

Samsung projected approximately 89.4 trillion won ($58.4 billion) in operating profit for Q2, marking an increase of nearly 19 times compared to the previous year, driven by rising AI memory prices. Samsung's profit in the second quarter soared 19 times to reach 89 trillion won, driven by demand for AI memory.

Samsung's profit in the second quarter soared 19 times to reach 89 trillion won, driven by demand for AI memory.

Samsung projected approximately 89.4 trillion won ($58.4 billion) in operating profit for Q2, marking an increase of around 19 times compared to the previous year, attributed to a rise in AI memory prices. Australia's under-16 social media prohibition falters at the initial age verification, according to testers.

Australia's under-16 social media prohibition falters at the initial age verification, according to testers.

Testers involved in the creation of Australia's age-verification system opened 50 accounts, stating they were 16 years old. Out of the 10 platforms, 9 never requested any proof of age. Australia's under-16 social media prohibition falters during the initial age verification, as testers have discovered.

Australia's under-16 social media prohibition falters during the initial age verification, as testers have discovered.

Testers involved in the creation of Australia's age-verification system created 50 accounts stating they were 16 years old. Of these, nine out of ten platforms did not request any proof. Gyre Energy has secured $1.3 million to optimize the efficiency of cold storage systems during peak energy pricing.

Gyre Energy has secured $1.3 million to optimize the efficiency of cold storage systems during peak energy pricing.

Gyre Energy, founded in Oxford, has secured more than $1.3 million to implement its AI cooling technology within one of the largest cold chains globally, as heatwaves put pressure on power grids. Gyre Energy secures $1.3 million to optimize the efficiency of the world's cold storage facilities during peak energy costs.

Gyre Energy secures $1.3 million to optimize the efficiency of the world's cold storage facilities during peak energy costs.

Gyre Energy, founded in Oxford, has secured more than $1.3 million to implement its AI cooling system within one of the largest cold chains globally as heatwaves put pressure on power grids. TechEx Europe 2026: eight events, 8,000 technology leaders, a unified enterprise agenda.

TechEx Europe 2026: eight events, 8,000 technology leaders, a unified enterprise agenda.

TechEx Europe 2026 will take place at the RAI Amsterdam on October 19-20, combining eight co-located events into a unified enterprise agenda focused on execution.

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