Defence giants to maintain grip on weapons market despite drone boom
A report indicates that established defense contractors will retain an 80% market share despite growth in drone technology.
Financial Times Technology·19 Jul 2026
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A report indicates that established defense contractors will retain an 80% market share despite growth in drone technology.
Many generative AI pilots fail due to poor data quality, not model limitations, as enterprises mistakenly use RAG to fix bad data.
Author Dave Eggers told OpenAI staff that ChatGPT was 'silencing an entire generation,' raising concerns about AI's impact on creative work.
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VC Neil Rimer predicts the historic wealth generated by AI will be redistributed, voluntarily or involuntarily.
US Wall Street banks are seeing record equities growth in Asia, driven by investments in semiconductors related to AI.
Author Dave Eggers criticizes AI-generated novels as 'gullible and ridiculous,' expressing frustration with new technology adoption while noting San Francisco's unchanged character.
China dismissed claims by US firms, including Anthropic PBC, that Chinese rivals illicitly extract results from top American AI models.
A joint taskforce, including the FCA, continues to remove misleading car finance claims adverts, with 170 removed by CMCs in June.
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TikTok is testing an opt-in AI likeness detection tool to allow creators to report synthetic media to the platform, starting with US creators.
Databricks published a blog post outlining principles and practical guidance for responsible AI governance.
Fireworks AI raised $1.5 billion, leading a week of significant funding rounds for enterprise AI companies despite the summer period.
Databricks blog post discusses the differing priorities between technology companies focused on AI building and financial institutions prioritizing margin protection.
SpaceX is reportedly negotiating with the US Department of Defense to sell computing power, indicating growing demand for specialized AI infrastructure.
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AWS introduced "Amazon Quick," an agentic AI solution for sales organizations, aiming to automate and optimize the entire sales cycle.
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Brex developed an internal platform, CrabTrap, to observe AI agent behavior with credentials and establish policy post-hoc, addressing OpenClaw's enterprise limitations.
Apple has filed a trade secrets lawsuit against OpenAI, alleging a pattern of misconduct involving over 400 former Apple employees.
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