Swiss study finds fewer job ads for career starters as AI reshapes entry-level work
Swiss study finds fewer job ads for career starters as AI reshapes entry-level work

An analysis of 7.3 million job advertisements shows entry-level postings down sharply since the years before generative AI, with the steepest declines in roles the tools can most readily take on. The number of Swiss job advertisements aimed at career s…

ByteDance seeks a record $20bn offshore loan to fund its AI build-out
ByteDance seeks a record $20bn offshore loan to fund its AI build-out

ByteDance is in preliminary talks with banks about an offshore loan of roughly $20bn, which would be the largest the TikTok owner has ever raised, Bloomberg reported on Wednesday, citing people familiar with the discussions. The company is said to be s…

SoftBank’s Son says calling AI a bubble is ‘an insult’
SoftBank’s Son says calling AI a bubble is ‘an insult’

At SoftBank Group’s annual shareholders’ meeting in Tokyo on Wednesday, the founder and chief executive was asked, as he is asked at almost every public appearance now, whether the artificial intelligence boom that has driven his fortune to record high…

ByteDance unveils Seedance 2.5, a 30-second native 4K AI video model that accepts 50 reference inputs
ByteDance unveils Seedance 2.5, a 30-second native 4K AI video model that accepts 50 reference inputs

ByteDance unveiled Seedance 2.5 on Tuesday at its Volcano Engine FORCE conference in Beijing, a video generation model that produces 30-second clips at native 4K resolution from a single prompt. The company skipped four intermediate versions entirely, …

Anthropic launches Claude Tag, an always-on AI teammate that lives in your Slack channels
Anthropic launches Claude Tag, an always-on AI teammate that lives in your Slack channels

Anthropic is launching Claude Tag in research preview, an “always-on Claude” that lives inside Slack and acts as a persistent AI teammate. The feature lets users tag @Claude to get insights in conversations and assign tasks. It is available to Claude E…

A fake AI agent skill passed every security scanner and reportedly reached 26,000 agents
A fake AI agent skill passed every security scanner and reportedly reached 26,000 agents

Security firm AIR built a fake AI agent skill, pushed it through a popular skill marketplace and promoted it with an Instagram ad, and says it reached roughly 26,000 agents, including some on corporate accounts. Every skill security scanner the firm te…

Oracle cut 21,000 jobs this year and its SEC filing explicitly blames AI
Oracle cut 21,000 jobs this year and its SEC filing explicitly blames AI

Oracle’s global workforce fell to 141,000 full-time employees as of 31 May 2026, down from 162,000 a year earlier, a net reduction of roughly 21,000 people. The company’s annual regulatory filing stated plainly that “the adoption and deployment of AI t…

Google is simultaneously the most dominant and most vulnerable it has ever been
Google is simultaneously the most dominant and most vulnerable it has ever been

Google’s financial performance has never been stronger. Alphabet posted $109.9 billion in revenue in the first quarter of 2026, up 22 per cent year on year, the fastest growth rate in any quarter since 2022, with search advertising revenue climbing 19….

South Korea’s chip worker bonuses are so large the central bank is treating them as an inflation risk
South Korea’s chip worker bonuses are so large the central bank is treating them as an inflation risk

The semiconductor super-cycle has made South Korea’s chip workers extraordinarily well paid, and the country’s central bank is now worried about what happens when that money hits the wider economy. The Bank of Korea warned this month that performance b…

Stark bags €500M in new funding

Stark, the German defence tech startup which makes weaponised drones, has today confirmed it has raised €500 million in new funding.Sequoia, Founders Fund, the NATO Innovation Fund, Project A, Air Str…