All articles by Swagath Bandhakavi

Swagath Bandhakavi

UK report uncovers serious security flaws in business IoT devices

One key finding of the report is that outdated software, including bootloaders over 15 years old, poses substantial security risks due to exploitable vulnerabilities.

Lloyd’s insurers introduce protection against financial losses from AI

Armilla has developed insurance policies to protect businesses from legal claims arising when customers or third parties suffer harm due to the inadequate performance of AI systems.

OpenAI and Microsoft engage in discussions to enable funding and IPO

A primary discussion point is the equity Microsoft will retain in OpenAI’s for-profit entity for its $13bn investment, with Redmond reportedly open to reducing its stake.

Multimodal AI models pose increased risks for abuse and harmful content, study finds

Enkrypt AI’s study reveals that new jailbreak techniques exploit multimodal models’ media processing, bypassing filters and producing harmful outputs without visible prompts.

Microchip anticipates higher revenue and profit in Q1 FY26 amid chip demand recovery

The Arizona-based semiconductor company anticipates net sales between $1.02bn and $1.07bn, surpassing analysts’ average estimate of $987.6m.

NHS digitisation may cost £21bn over five years, says Health Foundation

The report underscores that investment must go beyond digital infrastructure, extending to staff training, software maintenance, and long-term system optimisation.

Trump administration to overhaul Biden-era AI chip export controls

The upcoming policy is expected to balance national security with US chip industry competitiveness, with current export controls remaining until new rules are finalised.

AMD faces $1.5bn setback due to US limits on China-bound AI chips

China accounts for more than 24% of AMD’s overall revenue, representing a key market for its AI and data centre offerings.

OpenAI to rework Microsoft partnership, reduce revenue share

The planned revenue cut forms part of OpenAI’s wider restructuring, which strengthens nonprofit control and may limit CEO Sam Altman’s role in strategic decision-making.

OpenAI drops plan to become for-profit, retains nonprofit oversight

OpenAI reversed its restructuring plans following legal pressure, including a lawsuit from co-founder Elon Musk over its nonprofit charter.