Big tech

Microsoft has dropped its deal for Nscale's Loughton site, billed as the UK's largest AI supercomputer, with 23,040 Nvidia GPUs. Grid power is the cause.

SpaceX capped Ukraine's military Starlink and two missile warnings never came, as 600,000 lost power. Zelensky says he feels betrayed. Kyiv's allies fear the aim is a forced deal.

In the flight to quality, quality stocks beat momentum by the widest margin since 2023. The money went into tech: McDonald's and Home Depot are down this year.

Meta's Muse Wonder Full scores 56 on an independent index, behind Claude Opus 5.5 at 58 and ahead of OpenAI's best at 53. More labs at the top test safety rules.

AI agents that shop for us will make the biggest platforms stronger, ING says. Amazon has blocked Meta's Muse agent, Shopify has let it in, and Amazon's ad business shows why.

Musk asked if Mukesh Ambani is ‘the real boss of India’ as Starlink waits to launch there. Jio and Airtel hold 77% of India's mobile users. The government denies any bias.

An early independent test ties Google's new model with OpenAI's best, behind Anthropic. Google may not need to lead. It sells computing power to its rivals, and owns part of one.

Oracle, Amazon and Microsoft have cut thousands of jobs and named AI as a reason. Apple cut just over 200. John Ternus now wants fewer managers and flat headcount, and he has looked at what AI could do instead.

John Stankey calls a SpaceX mobile network “not a viable strategy” and bets another $3bn on fibre. Starlink has 12 million subscribers, and four in ten US homes still cannot get fibre.