Cyberattacks jump as AI targets weak security, says IBM February 25, 2026 Cybercriminals are leaning harder on the simplest ways into company networks, and using AI tools to do it quicker, IBM has warned. In its 2026 X-Force Threat Intelligence Index published on Wednesday, IBM said it saw a 44 per cent rise in attacks that started by breaking into internet-facing systems, like public websites and online [...]
US giants dominate AI payments race amid Wall Street jitters February 25, 2026 US giants continue to lead the charge in the payments industry’s AI acceleration even as the sector gets swept up in Wall Street’s tech jitters. Visa led a three-horse race followed by Mastercard, then Paypal in the Evident AI’s inaugural index for the payments sector. The three towered above their peers, thanks largely to consistently [...]
Anthropic ditches AI safety policy to keep up with OpenAI February 25, 2026 Anthropic, the booming tech firm that built its reputation around responsibly developing AI systems, is now loosening its flagship AI safety policy. In an update to its ‘Responsible Scaling Policy 3.0’ published on Tuesday, the OpenAI rival said it would no longer actively stop the development of a model deemed potentially dangerous if a competitor [...]
Accountancy firms face margin squeeze as AI disrupts compliance services February 25, 2026 Most UK accountancy firms admit margins on traditional compliance services are under pressure from automation, as professional services firms rethink strategies in the age of AI. According to a report shared exclusively with Morning Wire by Ravical, while most British firms believe margins have increased over the last three years, the majority (63 per cent) [...]
Meta strikes AMD chip deal as AI spend continues to boom February 24, 2026 Meta has agreed a multiyear deal to buy up to six gigawatts of AI computing power from AMD, in an agreement valued at more than $100bn (£74.5bn) that could see the social media group take a stake of up to 10 per cent in the US chip giant. The companies said on Tuesday that Meta [...]
Big Four consulting giants pivot to ‘high-growth verticals’ amid AI disruption February 24, 2026 Following news of Deloitte’s latest expansion, experts predict a wave of restructuring and a “high-growth vertical” focus across the Big Four giants. On Monday, Deloitte revealed its plans to launch a Europe, Middle East, and Africa (EMEA) firm, aiming to build a regional powerhouse that keeps pace with rapid technological change. The new firm will [...]
‘I see people doing dumb things’: Jamie Dimon warns of crisis-style AI reckoning February 24, 2026 The world’s most influential banker has drawn parallels to the time before the global financial crisis amid inflated asset prices and peers doing “dumb things”. Jamie Dimon, the top boss of Wall Street behemoth JP Morgan, said: “Unfortunately we did see this in ‘05, ‘06, ‘07, almost the same thing. “The rising tide lifts all [...]
UK tech faces hiring crunch despite AI visa push February 23, 2026 Applications from overseas tech workers wanting to move to the UK have dropped significantly, adding to concerns over talent shortages in one of the economy’s faster growing sectors. New data by accountancy firm RSM UK found the number of international workers applying for a UK visa to work in tech dropped 11 per cent from [...]
Nearly 100 per cent of sport organisations plan to increase AI use February 19, 2026 Nearly 100 per cent of sports organisations plan to increase their use of AI in the next year, according to the 2026 Global SportsTech Report. The data comes as artificial intelligence’s presence across sport has increased monumentally over recent seasons. The study, undertaken by SportsPro and Sportradar using sports organisations across the industry, states that [...]
Big Tech buries billions in AI debt as bubble fears mount February 19, 2026 Meta is paying roughly $6.5bn (£4.82bn) in extra financing costs to keep $27bn of AI infrastructure borrowing off its balance sheet, a costly accounting choice that captures the mood in Big Tech’s race to build the pipes of AI without spooking investors. The arrangement, known as special purpose vehicle financing (SPV), allows an external entity [...]