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GRIP Extra: SEC to cut enforcement staff by 17%, Wells Fargo freed from asset cap
Our in-brief roundup also includes Bristol Myers Squibb and BioNTech in a drug partnership, Reddit suing Anthropic for using its data, and BlackRock being removed from Texas blacklist.
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Humain: The AI company reflecting Saudi’s future ambition
The project aims to bring all AI functions and infrastructure, from data centres to cloud support and LLMs, under a single umbrella.
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GRIP Extra: CrowdStrike, Carahsoft investigated over IRS deal, SEC settles with Ripple
Other news includes the UK and US agreeing to a trade deal to reduce tariffs, NSO group being ordered to pay $167m in damages for WhatsApp hack, and Chinese regulators announcing a 10-step plan to calm markets.
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FCA work in review: April 23 – May 2, 2025
Our at-a-glance guide to a busy week of FCA activity.
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Tech Corner: Backfiring legal AI tools, AI coding in retail, data centers
The legal profession has to be extra-cautious about any use of AI research and writing tools, partly because of AI hallucinations, as these lawyers can attest.
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Data centers – the promise, debate, innovation and competition in 2025
Data centers are in significant demand and offer great opportunities. But challenges lurk in maintaining and securing them, and in meeting energy consumption considerations.
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Deloitte report predicts AI ‘gap year’ for tech, media and telecoms
Divergence between AI expectations and reality predicted to shape 2025, with implications for other ecosystems hoping to leverage the tech.
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Microsoft to invest $3 billion in AI and cloud infrastructure in India
India is a key part of Microsoft’s ambition to become a global leader in AI technology.