Volkswagen sold 1,421 electric cars in the United States in the third quarter, a 90% fall, after ending ID.4 production and halting imports of its electric minivan. In Europe battery electric cars took 29% of new registrations in August.
Jio Platforms has drawn more than $20B in bids for what would be India’s largest listing, with Fidelity, Allianz and Capital Group indicating interest. The company is now seeking about $108B, against the $170B bankers discussed last November.
Apple has launched HomeView, a $299 smart display built around Siri AI, with shipping from 13 November in eight markets. The European Union is not one of them, because Siri AI is still blocked on iOS there.
Jensen Huang says Nvidia will announce $2B of European investments within a week, on top of $8B over the past year, and named four French startups in Paris. Nvidia committed more than $40B to AI equity in the first four months of this year alone.
Executives from NTT Data, Brookfield and Infosys say electricity and skilled labour, not chips, now limit how fast AI data centres get built. In Europe the binding constraint is worse, with grid connections in congested markets running to ten years.
Microsoft is on pace for its first record close since October 2025, having gained more than 50% from a June low and added roughly $1.5T in market value. The AI-disruption panic that caused the fall also hit SAP, which has not recovered.
The next phase of enterprise software adoption is giving employees capabilities that once required dedicated engineering teams. AI tools can now help workers build applications, automate processes, and create agents.
KuCoin Nigeria Limited has received conditional Approval-in-Principle (AIP) from the Securities and Exchange Commission, Nigeria (SEC Nigeria), for admission into its Accelerated Regulatory Incubation Programme (ARIP).
Every day, a manager approves a time-off request, signs off on an expense report, resolves a scheduling conflict and weighs in on a performance review. None of it feels monumental. Together, it adds up to something behavioral researchers call “decision fatigue.”
The New York Times, Agence France-Presse, and The Economist have joined a coalition that wants AI companies to stop using news without permission, the group said on Monday.
DeepSigma has launched a paper-trading demo covering 77 traditional financial markets, using patented blockchain technology to bring crypto-style perpetual futures to stocks, commodities and other real-world assets.
The Pentagon has already replaced Anthropic’s AI models, with no operational impact, Palantir’s chief technology officer, Shyam Sankar, said on CBS’s Face the Nation on Sunday. “It’s already been replaced,” Sankar said.
Clueso has raised a $10M Series A led by Dharana Capital for AI agents that script, record and maintain corporate video, bringing total funding to $12M. The market it is entering is led by London’s Synthesia, which was valued at $4B in January after a $200M round.
Hundreds of people in Batam, an Indonesian island near Singapore, have protested outside a data centre park. They say their homes have had no running water for months while the facilities have kept their servers cool, the BBC reported.
Broadcom chief executive Hock Tan compared many AI investors to gamblers who have little idea what they are betting on. He spoke on Monday at the DBS Asia Future Forward Conference in Singapore, Bloomberg reported. “A lot of investors have no clue what they are investing in,” Tan said.
A correction in AI-related stocks and debt could set off market turmoil, the International Monetary Fund said on Tuesday. It named the AI risk as one of three that could sharply tighten financial conditions. The other two are a sharp rise in government bond yields and cyber threats.
Microsoft’s president, Brad Smith, has called for global safety rules for AI. They include a legal duty to tell victims when a rogue AI agent breaks into their systems. He set out his case on the BBC’s Big Boss Interview podcast with Will Bain, released on 11 October.
Aramco Digital, the tech arm of Saudi oil giant Aramco, has teamed up with start-up OrbitronAI to build and sell AI tools for heavy industry, the two firms said. The tools are aimed at oil and gas, power, mining, transport, and factory firms.
Amazon is in talks to buy the AI startup Decart in a deal that could value it at about $7bn, The Wall Street Journal reported on Sunday. Kate Clark and Lauren Thomas reported the talks, citing people familiar with the matter.
Anthropic and OpenAI have pushed for a big say over what outside reviewers of their AI models can make public, Reuters reported today, citing two people who know about the talks. Both companies worry that the findings could expose trade secrets.
ChatGPT leans on news sites more than any other major AI platform, in both the UK and the US, Semrush said on Tuesday. From January to July, news took a bigger share of ChatGPT’s cited sources every month. Gemini, Google’s AI Mode and AI Overviews all trailed it. The pull is stronger in the UK.
Alibaba has started selling its new Qwen Glasses N1 smart glasses in China, at prices from 2,999 yuan ($450) before discounts, Bloomberg reported from a launch event in Hangzhou on Tuesday. Several Chinese outlets put the starting price slightly lower, at 2,899 yuan.
Mozilla has launched Firefox Enterprise, a version of its browser for companies and public bodies that must meet strict security and compliance requirements. The product pairs the Firefox browser with a management console that organisations can host on their own servers.
Visa has won approval to start preparing a domestic bank card clearing business in China, the company said on Tuesday. The People’s Bank of China approved its “Application to Prepare”, which lets Visa begin formal preparations. It does not yet let Visa process domestic payments.
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