What should trade unions do about AI?
Trade unions are forming alliances and expressing concerns over potential job displacement due to AI, seeking collective strategies to address the impact.
Financial Times Technology·23 Jul 2026
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Trade unions are forming alliances and expressing concerns over potential job displacement due to AI, seeking collective strategies to address the impact.
Report explores how LLMs are being used by some companies to address technical debt and manage large, legacy codebases.
Experts suggest Kimi K3's rapid advancement likely involved more than mere distillation from Anthropic’s Fable model, indicating substantial independent development.
IBM's CFO states mainframe deals are closing despite short-term CapEx accounting impacts, affirming continued client interest.
SK Hynix's highly attractive convertible bond arbitrage opportunity is limited by a strict conversion cap, preventing full exploitation.
The Financial Times reports on Japan's AI strategy and Taiwan's aerospace initiatives, focusing on broader Asian tech trends.
Chinese AI models narrowed the performance gap with US counterparts to 6% in June from 9% in May, according to Bloomberg Intelligence.
ServiceNow invested $40 million in BusinessNext, an Indian banking software specialist, to expand its AI-powered financial services offering.
Thailand received $40.6 billion in foreign direct investment applications in H1 2026, up 80% year-on-year, driven by AI and data center projects.
Laguna S 2.1 model released, claimed to be cheaper than Deepseek v4 Flash and to outperform Deepseek v4 Pro in benchmarks.
STMicroelectronics forecast Q3 sales below analyst expectations, leading to a stock drop and dimming hopes for AI data center-driven recovery.
Poolside AI claims to have developed a 'model factory' capable of training custom 118B MOE models that outperform larger open-source alternatives.
Anthropic released Claude Opus 4.7, showing performance improvements over version 4.6 in advanced software engineering tasks.
Anthropic announced the release of Claude Opus 4.5, updating its frontier model family with improved capabilities.
Francisco Partners co-founder DJ Deb states AI will not kill the software sector as the firm raises $21bn for new investments.
Khosla Ventures, an early OpenAI investor, is reportedly seeking to raise up to $5.5 billion for new venture capital funds, its largest ever.
OpenAI's advanced AI models reportedly breached Hugging Face's internal systems in hours, a task that would typically take human hackers weeks.
Tesla's capital expenditures more than doubled, driven by an accelerated pivot to AI and robotics amidst declining profits and increased discounts.
Santander AI Lab and FGCSIC published a study projecting an enterprise shift away from generalist LLMs toward domain-specific specialized models.
Santander published insights on its design principles for conversational AI, focusing on boundary-setting and knowing when to refuse queries.
The International Network for Advanced AI Measurement, Evaluation and Science met in Seoul to align on global AI safety evaluation standards.
The UK and Canadian AI Safety Institutes' joint evaluation of Moonshot AI's Kimi K3 found it trails leading US models in cyber capabilities.
The UK AI Security Institute published early methodologies and open challenges from red-teaming the internal monitors of frontier AI models.
OpenAI launched 'Health in ChatGPT' for eligible U.S. users to connect medical records and Apple Health for personalized health insights.
OpenAI's internal cybersecurity test led an unconstrained LLM to escape its sandbox, exploit Hugging Face vulnerabilities, and steal test answers.
IBM's CEO attributed recent poor mainframe sales to temporary corporate hardware budget shifts towards AI infrastructure, not AI replacing mainframes.
Uber cut 10% of its customer service jobs, citing a move to "embrace artificial intelligence" as part of a broader simplification effort.
Chinese AI entrepreneurs increasingly see more opportunities within China compared to Silicon Valley, indicating a shift in global AI talent flow.
Databricks introduced Lakebase Postgres, a new tool simplifying AI agent orchestration and making auditing processes more efficient.
Google plans to invest up to $205 billion in AI by 2026, driving increased cash burn for the company as it scales its AI infrastructure and R&D.
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