Palantir says that neither the company nor the US government has a "kill switch" for its Maven platform that NATO uses, after Ukraine's Starlink disruptions (Andrew Gray/Reuters)

More in Technology

• Nebius gets $3.5 billion Citi facility for data center growth

  Nebius, an AI cloud services firm, has secured a $3.5 billion financing facility from Citi to fund its continued development of data centers and GPU purchases. The announcement comes amid a sell-off in shares related to AI infrastructure, following CoreWeave's bonds falling in value. The new Nebius facility matures in 364 days and carries an initial interest rate of 2.75% over the SOFR benchmark rate.

  1 min read
• IMF, OECD warn AI could widen rich-poor country divide

  The International Monetary Fund (IMF) and the Organisation for Economic Co-operation and Development (OECD) warn that artificial intelligence (AI) could exacerbate the rich-poor country divide, with poorer nations, smaller companies, and younger workers facing significant risks if access to power, digital infrastructure, and skills improves. The IMF predicts AI could add up to 0.5% to annual global growth, while the OECD expects it could add 0.4% to 1.2% to productivity growth across member countries, with limited…

  1 min read
• In a first, Australia's Ghost Shark submarine turns into aerial drone launchpad

  Australia's Ghost Shark submarine has demonstrated its capability to launch aerial drones for military applications, marking a significant milestone in underwater warfare. The platform, equipped with advanced communication systems, has successfully launched 12 aerial drones from its uncrewed submarine, showcasing its potential for extending operational reach into the skies. The demonstration, captured in footage by manufacturer Anduril, shows Ghost Shark surfacing, opening its upper hull compartments, and raising…

  1 min read