Author: precious

I’m Precious Amusat, Phronews’ Content Writer. I conduct in-depth research and write on the latest developments in the tech industry, including trends in big tech, startups, cybersecurity, artificial intelligence and their global impacts. When I’m off the clock, you’ll find me cheering on women’s footy, curled up with a romance novel, or binge-watching crime thrillers.

Millions of Australians are waiting to find out whether their personal information was caught up in one of the country’s biggest cyber incidents this year after Origin Energy confirmed that customer data was accessed by an unauthorized party. The company, which serves around 4.8 million customer accounts across Australia, said the compromised information may include names, home addresses, dates of birth, phone numbers, account details, and the last few digits of customers’ bank account or credit card numbers. Origin, however, stressed that the exposed financial information is incomplete and cannot be used to make transactions. What Happened Origin first disclosed…

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Nvidia has made one of its biggest AI investments yet with a reported $5 billion commitment to Safe Superintelligence, the startup founded by former OpenAI chief scientist Ilya Sutskever. The deal gives the secretive company a huge financial boost and access to Nvidia’s next generation Vera Rubin computing platform, increasing its available computing power by roughly ten times. The investment comes just over two years after Sutskever left OpenAI following a turbulent period that included the brief removal and return of CEO Sam Altman. Soon after his departure, Sutskever launched Safe Superintelligence with a single goal of building AI that…

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Nvidia is discussing a deal that could make it much more than OpenAI’s biggest chip supplier. The chip maker is reportedly in talks to guarantee as much as $250 billion in financing that would allow OpenAI to lease computing capacity at a massive AI data center planned for southern Ohio. If completed, it would rank among the largest financial commitments ever linked to AI infrastructure and deepen one of the technology industry’s closest partnerships. The proposal also stands out because Nvidia would be helping finance the infrastructure that will eventually buy huge volumes of its own AI chips. While the…

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Anthropic has introduced Claude Opus 5, a new AI model that delivers performance close to its flagship Claude Fable 5 while costing half as much to use. This launch is the company’s fourth Claude model release in less than two months and shows that Anthropic is now competing as much on price and efficiency as it is on raw performance. According to the AI safety company, Opus 5 is designed for everyday work such as software development, office tasks, research, and knowledge work. It keeps the same API pricing as the earlier Opus 4.8 model at $5 per million input…

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Tesla is generating more revenue than ever, but that growth is no longer enough to satisfy investors. The electric vehicle maker reported second quarter revenue of $28.24 billion, up 26% from a year earlier and above Wall Street expectations. Yet adjusted earnings came in at 33 cents per share, well below the 51 cents analysts expected. The company also posted negative free cash flow of about $1.1 billion for the first time in more than two years as spending on artificial intelligence, robotics, manufacturing, and data centers accelerated. This has become a growing challenge for Tesla, especially as Elon Musk…

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Alphabet has delivered one of its strongest quarters in years, with revenue beating expectations and Google Cloud recording another surge in growth. Yet investors are focused on something else. The Google parent company raised its 2026 capital spending forecast to between $195 billion and $205 billion, pushing expected investment beyond the $200 billion mark. However, the announcement sent Alphabet shares down about 7% as Wall Street questioned how quickly those massive AI investments will translate into stronger profits and cash flow. The reaction highlights a broader shift across the technology industry. While investors are still backing artificial intelligence, they are…

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Just a week after ordering Google to open Android to rival AI assistants under the Digital Markets Act (DMA), the European Commission has now taken a much tougher step by issuing its largest DMA fine against the company. The EU has fined Google €890 million for breaking the Digital Markets Act, marking the largest penalty issued under the law so far. In response to this, the Trump administration announced plans to investigate whether the EU unfairly targets American technology companies and warned that new tariffs could follow. What began as a competition enforcement case is now spilling into trade policy,…

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A critical security flaw in ServiceNow’s AI Platform is now being exploited by attackers, raising the risk for thousands of organizations that depend on the software to run IT, HR, customer service, and other core business operations. Security researchers say the vulnerability allows attackers to execute malicious code without first logging in, making it one of the most serious threats facing ServiceNow customers this year. Tracked as CVE-2026-6875, the vulnerability is a pre authentication remote code execution vulnerability with a CVSS score of 9.5. It affects the ServiceNow AI Platform and allows an attacker to break out of the platform’s…

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The U.S. says it has found signs that some Chinese AI models may contain “watermarks” linked to American AI systems. According to Treasury Secretary Scott Bessent, these findings have raised concerns that some companies may have used American AI models through unauthorized distillation. While these claims have prompted Washington to review whether intellectual property laws were violated, it hasn’t resulted in formal action. But this has added another point of tension in the growing AI rivalry between the U.S. and China. What’s behind the claim? Why does it matter? What happens next? The investigation is still in its early stages.…

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The European Union has taken one of its strongest steps yet to reshape competition in the tech industry, ordering Google to open key Android features to rival AI assistants and share valuable Google Search data with competing search engines. The move comes under the Digital Markets Act (DMA) and is the clearest sign yet that Europe’s landmark tech law is moving beyond promises into enforcement. Google Must Open Android to Rival AI Assistants The European Commission issued two legally binding specification measures that require Google to give competing AI assistants the same access to Android features that its own Gemini…

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