How Mitel Is Applying AI to Modernize Customer Experience

The UK Budget 2025 has elicited mixed reactions from tech leaders, with some praising the government's commitment to AI infrastructure and innovation, while others express concerns over insufficient investment and cyber resilience. This reflects ongoing debates about the balance between technological advancement and regulatory oversight.

HP has announced plans to lay off up to 6,000 employees by 2028 as part of a significant restructuring strategy focused on enhancing productivity through increased use of artificial intelligence and automation. This decision comes amid challenges related to rising chip costs.

The UK Labour government's Budget for 2025 emphasizes a commitment to support artificial intelligence (AI) and startups, although it lacks a cohesive digital strategy. This indicates a focus on innovation and technology as key components of economic growth.

Harmonic, the AI startup co-founded by Robinhood CEO Vlad Tenev, has achieved a valuation of $1.45 billion following a $120 million Series C funding round led by Ribbit, bringing its total funding to $295 million. This milestone underscores the growing interest in AI technologies that focus on mathematical accuracy and reliability.

Echelon Iberdrola Digital Infra has announced a significant investment of $2.3 billion to develop data centers in Spain, with the first project being the Madrid Sur complex, which will span 160,000 square meters and provide 144 MW of processing capacity.

New York has introduced the RAISE Act, a legislative measure aimed at regulating frontier AI developers who invest over $100 million in training, mandating them to prevent critical harm and report safety incidents. This act reflects growing concerns about the safety and ethical implications of advanced AI technologies.

Google has indicated that the Google Assistant will be phased out in Android Auto by March 2026, as the company shifts focus towards its new AI model, Gemini. This transition marks a significant change in how users will interact with AI in their vehicles, moving away from the established Assistant framework.

Insurers are reducing coverage for artificial intelligence (AI) systems due to concerns over potential billion-dollar claims arising from AI errors. This shift reflects a growing unease among insurers about the financial implications of AI's integration into business operations.