AI Boom Hits $80B Revenue But OpenAI and Anthropic Dominate the Market
LSEC Bromley Published: May 18, 2026Category: Artificial Intelligence / Business / Tech Industry Overview A new industry analysis shows that…
Artifical intelligence
Samsung Union Strike Threatens AI Chip Supply
Negotiations between Samsung Electronics and its labour union have broken down, raising the prospect of a major 18-day…
Artificial Intelligence and Machine Learning
Cybersecurity Trends and Innovations
Tech Industry Developments
Meta’s New Reality: Soaring Profits, Sinking Morale
As layoffs loom on May 20, morale inside Meta is at a breaking point—employees say almost everyone is…
HMRC to use AI from British tech firm to spot fraud and tax return errors
HM Revenue and Customs is preparing to roll out new artificial intelligence tools developed by a British technology…
General Motors Cuts Hundreds of IT Roles to Double Down on AI Talent
General Motors has cut about 600 IT jobs, over 10% of the team, not just to shrink, but…
Robinhood Eyes Second Retail Venture IPO Amid AI-Driven Market Surge
Just two months after turning venture capital into a tradable ticker, Robinhood is spinning up round two, and…
Google’s Pentagon Partnership Forces a Reckoning on AI Ethics
Google’s reported agreement to supply artificial intelligence to the U.S. Pentagon places the company at the centre of…
China halts Meta’s $2 Billion acquisition of AI start-up ‘Manus’
Meta’s $2bn takeover of AI start-up Manus has been blocked by Chinese regulators, adding fresh tension to the…
Anthropic’s new AI could accelerate cyberattacks, and it’s urging companies to strengthen defences first
Anthropic just dropped a serious power move in the AI security race — but it’s keeping things tightly…
Cerebras Moves Ahead With IPO Plans
Cerebras has filed for an initial public offering, positioning itself as one of the most closely watched AI…