Technology
Apollo Global discloses data breach amid broader cyberattack wave
Asset manager confirms unauthorized access to cloud platforms last month; investigation ongoing as hackers target financial firms with low-tech tactics.
Robo.ai to release H1 2026 results Sunday after restructuring
The Abu Dhabi-based AI firm will file unaudited financials with the SEC on Sunday, following the disposal of legacy operations and acquisition of Neurovia AI and Quantum Core Capital.
Karnov Group shares surge 12.9% on AI workflow rollout, Q2 profit beats
Swedish legal data provider Karnov Group posted a 2.4% organic sales increase in Q2 2026, with adjusted EBITA margin rising to 25% as its AI-driven workflow solution drove customer upgrades. Shares jumped 12.9% following the release.
Liechtenstein’s Bank Frick appoints ex-Leonteq executive to board
Thomas Aebli joins Bank Frick’s supervisory board to bolster expertise in structured products, private debt and tech-driven investment platforms. Appointment effective Aug. 1.
AI bots waste millions of hours of scammers' time, firms say
Australian startup Apate deploys nearly 200,000 AI personas to engage fraudsters, extracting intelligence for banks and telcos while disrupting illicit operations.
Workday forms AI research unit, launches PhD fellowship program
New team will focus on enterprise-grade AI systems while the fellowship provides $50,000 annually to doctoral students in partnership with universities.
Dax slips on weak tech cues, global equities pressure mounts
German benchmark index faces modest losses after semiconductor shares retreat in Asia and U.S. tech weakness. Heidelberger Druckmaschinen and Redcare Pharmacy diverge on earnings updates.
OpenAI launches ad business in Switzerland and Europe
ChatGPT ads to roll out Monday across 31 markets including Switzerland, Germany, France and Italy. Free-tier users to see targeted placements, with paid tiers remaining ad-free.
Cerebras unveils CS-4 AI chip with 30x faster inference, plans 600 MW data center buildout
Chipmaker's next-generation CS-4 system delivers up to 30 times faster inference than GPU rivals while targeting 600 MW of data center capacity by end-2025. Revenue surged 91% in the last twelve months.
Hansen Technologies flags leadership change as FY26 margins hit 31%
Hansen Technologies reported FY26 underlying EBITDA margin of 31%, exceeding its 30% target, while announcing a CEO transition effective November 2026. FY27 outlook indicates margin normalization as investments rise.
Cerebras unveils AI inference server with faster chatbot response chips
New CS-4 system uses 5nm WSE-3 Turbo chips to cut AI query latency, targeting Anthropic’s Claude workloads. Hardware arrives Q3, next-gen due 2027.
Pennsylvania imposes strict rules on AI data centers amid growing scrutiny
Governor Josh Shapiro signs executive order requiring environmental safeguards, local approvals and transparency for new AI data centers. Amazon’s $20 billion investment in Pennsylvania is affected.
Shaires Holdings delays retail share offer deadline to Aug 24
London-based investment firm extends closing date for $20 share offer to Aug 24, 2026, at 4:30 pm, maintaining trading pause until further notice.
Pure Storage shares hit all-time high of $118.93
Pure Storage stock rose to $118.93, its highest level, with analysts setting targets up to $150 and noting strong AI‑driven demand.
Savox posts 12% H1 2026 revenue growth as stock falls 2.85%
Finnish communications firm Savox Communications reported a 12% year-over-year revenue increase for the first half of 2026, while its shares declined 2.85% to $10.24. Order intake surged 92% including options.
China's humanoid robots transition from exhibition stunts to commercial testing
Chinese robotics developers are shifting their focus from marketing stunts like marathons and backflips toward practical commercial applications.
Uber, Zipline expand drone deliveries for Uber Eats in U.S.
Partnership aims to scale autonomous drone delivery for food orders across multiple U.S. cities starting this year.
Pony AI posts widening losses as robotaxi expansion accelerates
Chinese autonomous driving firm Pony AI reports deeper losses despite rapid expansion of its robotaxi fleet, raising questions over long-term profitability.
Silvio Denz, Peter Spuhler revive historic Zurich villa as luxury hospitality hub
The Villa Florhof, once home to 48 owners, reopens under Silvio Denz and Peter Spuhler as a high-end restaurant and hotel after a three-year restoration. The project blends gastronomy with hospitality innovation in Zurich’s historic landscape.
Alibaba debuts AI music model HappyShrimp to compete in digital audio
Tech giant Alibaba enters the AI-generated music sector with its new model, positioning itself against established players in the digital audio space.
Workday buyout buzz sparks European software stocks
Speculation over a potential acquisition of Workday lifts European software shares, with investors eyeing sector consolidation amid market volatility.
PicPay integrates ChatGPT for customer queries in Brazil
Brazilian fintech PicPay partners with OpenAI to deploy AI-driven customer service for account-related questions, aiming to enhance efficiency and reduce operational costs.
Serve Robotics, Grubhub launch autonomous food delivery service
Partnership integrates Serve Robotics' robots with Grubhub's platform to expand autonomous delivery in Los Angeles and San Francisco.
Madison Air Solutions to acquire ebm-papst for $5.4 billion
German industrial ventilation firm ebm-papst to be taken private in cash-and-stock deal valuing the company at $5.4 billion.