Artificial Intelligence
Swiss Re: AI and energy capex could add $200bn industrial insurance premiums by 2030
Swiss Re Institute says the global capex supercycle in data centers and power infrastructure could generate $200bn in premiums from 2026 to 2030 while increasing risk concentration.
Germany to Deploy Anti‑Sabotage Shield After Failed Drone Attack
Interior Minister Alexander Dobrindt announced a package of police, cyber and AI measures to protect airports, transport hubs and critical infrastructure from drone and sabotage threats.
Swiss office real estate resilient amid AI disruption risks
Raiffeisen study finds structural shifts in demand, with KI exposure and flexible work policies limiting office space cuts despite pandemic-era shifts. Leerage rates remain below pre-COVID levels.
Salesforce, CrowdStrike shares surge as AI drives software earnings
Salesforce and CrowdStrike led gains after reporting AI-driven revenue growth and upward guidance, while Intuit posted a Q4 EPS beat. European software stocks also advanced amid sector momentum.
Frankfurt stocks rise as Nvidia, US tech earnings lift DAX 0.31%
German equities advanced Thursday as strong U.S. tech earnings offset uncertainty ahead of the Jackson Hole central bank symposium. Nvidia's AI chip outlook drove gains in tech-heavy sectors.
Hugging Face debuts $400 Microduck robot with AI capabilities
The open-source robot, priced at $399, features walking, object manipulation and roller-skating. Developers can program new skills using reinforcement learning.
US stocks fluctuate as tech gains offset losses; SMI pares declines
Dow futures edge higher while Nasdaq 100 slips; energy price surge fuels inflation concerns ahead of Fed decision. Swiss market pares losses with defensive stocks leading gains.
German stocks set for modest gain ahead of Jackson Hole; Nvidia rallies on earnings
Dax futures point to a 0.3% rise as Nvidia's quarterly results exceed expectations, lifting chipmakers and tech peers. Fed's preferred inflation gauge remains elevated ahead of central bank symposium.
AI Upside and Downgrades: Why the Euro Faces a Fork in the Road
European AI moves—from Einride’s fleet platform to analyst downgrades of SAP—create a split narrative for the euro, balancing productivity hopes against near‑term risk sentiment.
Microsoft faces internal scrutiny over data center environmental impact
Development chief Noelle Walsh acknowledges employee concerns about energy use, water consumption and emissions as AI-driven expansion strains sustainability goals. Company pledges stricter oversight and renewable energy buildout.
Partners Group Private Equity NAV drops 8.6% in H1 2026 as four assets weigh
Net asset value fell to EUR 11.57 per share as USIC, Emeria, Pharmathen and Ammega weighed on returns, though distributions remained robust at EUR 111 million.
Swiss SMI edges up 0.12% as Roche, Novartis weigh on blue chips
Amrize and Holcim lead gains in the SMI, while Stadler Rail surges 22% on strong half-year results. US PCE inflation ticks up to 3.7%, lifting September Fed hike odds to 40%.
German software stocks rise after Salesforce, CrowdStrike earnings beat
SAP, Nemetschek and TeamViewer gain as U.S. peers Salesforce and CrowdStrike post strong quarterly results and lift guidance, easing AI demand concerns.
Nvidia lifts global stocks after forecasting 70% revenue jump
AI chip giant Nvidia surged in after-hours trade after forecasting a 70% revenue increase and agreeing to a $12.9 billion acquisition. Asian and European futures rose as Brent crude fell ahead of Middle East talks.
Sonova launches Phonak EON hearing aids with third-gen real-time AI
Swiss hearing tech leader Sonova unveils Phonak EON portfolio featuring proprietary AI chip, 37% energy savings and 50 dB wind-noise reduction. U.S. launch begins Aug. 24.
Lambda seeks $3 bln at $12 bln valuation in next funding round
AI cloud provider Lambda is in advanced talks to raise up to $3 billion in a new funding round that would value the company at $12 billion or more. Nvidia is among its backers.
Startups continue buying startups at high pace in 2026
More than 440 venture-backed startups have acquired others in the first half of 2026, with AI and fintech firms leading the trend. Deal flow remains robust despite a slight dip in overall counts.
Xiaomi unveils three XRING AI chips to bolster ecosystem
New chips target smartphones, EVs and robotics with edge AI and 3nm ADAS capabilities. Goldman Sachs highlights premiumization and cost benefits.
AI-driven Bitcoin ETP launches with adaptive allocation strategy
New BTCAI product uses Aisot’s quantitative AI models to dynamically adjust Bitcoin exposure monthly, aiming to reduce volatility risk while enhancing returns. Swiss custody and physical backing ensure security.
Hugging Face explores sale at $13 bln or higher valuation
AI startup Hugging Face has hired a bank to gauge buyer interest for a potential sale that could value the company at $13 billion or more. The firm last raised funds at a $4.5 billion valuation in 2023.
hipages FY26 results show 66% cash flow surge, AI tools drive growth
Revenue rose 9% to $90.6m as the Australian home services platform expanded margins and free cash flow. AI-driven quoting tools boosted job conversion rates by 144%.
Hipages FY26 results: AI push lifts free cash flow 66%, stock jumps 4.3%
Australia’s home improvement platform reports record EBITDA margins and 9% revenue growth as AI tools drive customer retention and pricing power. FY27 guidance targets $11-13m in free cash flow.
Citi lifts Nvidia target to $300, cites AI demand surge
Analyst raises price target on AI chip leader after forecasting revenue beats and stronger Blackwell GPU shipments. Citi also trims valuation multiple amid supply constraints.
Alibaba plans $10.2 bln Hong Kong share placement, largest ever
The e-commerce giant's HK$80 billion follow-on offering would be the largest primary share sale by a Hong Kong-listed company. Proceeds will fund AI infrastructure expansion.