All articles by Swagath Bandhakavi
Swagath Bandhakavi
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.
Palantir shares drop 8% following new 2025 revenue projections
For the full year of 2025, the company has raised its revenue forecast to a range of $3.89bn to $3.9bn.