EP TECH PULSE

Alice Huang, the woman at the centre of an alleged Chinese espionage operation involving Nvidia CEO Jensen Huang, reportedly pitched investors a multi-million-dollar data centre project in Southeast Asia, promising access to the US company’s advanced artificial intelligence chips. According to a Financial Times report, Alice Huang and her business partner, Kang Wei, told prospective […]

Anthropic, the artificial intelligence company behind Claude, has withdrawn pricing details for its proposed initial public offering after circulating inaccurate figures to bankers. The company said it would provide an updated filing, according to a Reuters report. The figures initially shared indicated that Anthropic planned to raise as much as $69.3 billion by selling approximately

Google has expanded its voluntary employee exit programme to five countries, offering severance packages as it seeks to control costs while increasing investment in artificial intelligence. The latest round covers teams in Canada, France, Germany, Japan and Switzerland. Google has not disclosed how many employees have accepted the offers. A company spokesperson confirmed the expansion

Canva is laying off 1,271 employees, cutting 22% of its global workforce, as the design platform restructures amid slowing growth and intensifying competition from artificial intelligence tools. In an internal memo to staff on Tuesday, CEO Melanie Perkins described the decision as “without doubt the hardest moment” in the company’s 13-year history. The Australian company

Supermarkets across Sweden, Belgium, Luxembourg, Ireland and Estonia faced disruptions to their refrigeration systems on Monday following suspected cyberattacks, forcing several stores to remove fresh and frozen products from sale. The incidents follow a similar attack in France last month, when hackers reportedly gained remote control of refrigeration systems at hundreds of supermarkets and independent

Elon Musk’s artificial intelligence company xAI is reportedly seeking to buy hundreds of homes in Southaven, Mississippi, as residents complain about persistent noise from nearby data centre infrastructure. According to The Guardian, real estate agents hired by xAI have been approaching residents with offers to purchase their properties. The proposed sales reportedly come with agreements

Cathedral, a cybersecurity startup founded by former members of Elon Musk’s disbanded Department of Government Efficiency (DOGE), claims its artificial intelligence agents accessed internal systems used by AI company Anthropic, raising concerns about vulnerabilities in third-party business software. According to reporting by The Washington Post, Cathedral said its AI agents exploited weaknesses in business software

Apple’s new foldable iPhone Duo is facing complaints over cracked inner displays, raising questions about its hinge design, which the company says was developed using artificial intelligence algorithms. The premium device, priced at more than $2,000, has reportedly developed screen cracks along the folding mechanism, with some customers reporting damage within hours of unboxing. The

Amazon has cut approximately 250 jobs in its devices and services division as the technology giant seeks to streamline operations and align its workforce with product development priorities. The company confirmed the job reductions on Wednesday following an inquiry by Reuters. A person familiar with the matter said the cuts affected no more than 250

Microsoft is offering voluntary exit packages to approximately 60,000 employees as the technology company seeks to manage its workforce while continuing to invest heavily in artificial intelligence. The programme covers eligible employees at vice-president level and below across selected teams in the United States, Canada, India and Britain, a Microsoft spokesperson said. Certain groups, including