Latest AI News

Major tech companies are investing billions to expand AI infrastructure in 2025, competing to dominate the growing market for services like ChatGPT and Gemini. They're building data centers, sourcing specialized chips from Nvidia and AMD, and investing in renewable energy to power AI operations. OpenAI, Microsoft, Google, and AWS are all making strategic investments in AI-specific facilities. This competition has global implications for supply chains, energy consumption, and cybersecurity. Analysts predict record spending on AI infrastructure in 2025 as businesses increasingly adopt generative AI tools.

ASML International reported Q2 2025 net sales of €7.7 billion with a 53.7% gross margin. While maintaining its full-year 2025 growth projection of 15%, the company warned of increased uncertainties for H2 2025 due to geopolitical tensions and export controls affecting Chinese orders. Despite these challenges, ASML upholds its long-term 2030 revenue outlook of €44-60 billion, supported by strong AI-driven demand.

Swiss AI startup Giotto.ai is seeking funding that would value it above $1 billion. The Lausanne-based company has developed advanced reasoning technology that outperforms major competitors on key benchmarks, achieving a 25% ARC-AGI score with only 200 million parameters at $0.20 per task. Their platform surpasses systems from larger companies while requiring fewer resources. Initially focusing on compliance solutions for healthcare, Giotto.ai combines machine learning with B2B SaaS offerings. The company aims to bridge the gap between current AI and Artificial General Intelligence.

Bank of England Governor Andrew Bailey emphasized AI's crucial role in financial supervision, calling it an asset for detecting regulatory "smoking guns" in complex investigations. AI analytics enhance oversight efficiency for both traditional finance and digital assets, helping detect anomalies that might otherwise escape notice. Regulators are investing in these technologies to track market abuse and suspicious transactions more effectively than manual monitoring. While boosting regulatory capabilities, AI also introduces cybersecurity challenges, with recent surveys ranking cyber threats among top financial sector risks. The Bank of England is participating in global initiatives to standardize safe AI adoption in financial markets, positioning the UK at the forefront of AI-powered financial regulation.