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IBM Reports $17 Billion Preliminary Revenue As AI Bookings Top $12 Billion
Capital & PolicyFunding
REGULATION WATCH:

IBM Reports $17 Billion Preliminary Revenue As AI Bookings Top $12 Billion

IBM's preliminary second-quarter revenue came in at roughly $17 billion, below the $18 billion analyst estimate cited by The Next Web, while cumulative AI bookings surpassed $12 billion. Full results are due later this month, but the update did not name the large deals that failed to close or split AI bookings into recognised revenue.

July 15, 2026Read More →
Google DeepMind CEO Proposes Frontier AI Standards Body
Capital & PolicyFunding
FUNDING GAP:

Google DeepMind CEO Proposes Frontier AI Standards Body

SiliconANGLE reported that Google DeepMind chief executive Demis Hassabis proposed a frontier AI standards body that could begin with voluntary model reviews 30 days before release. The proposal names quarterly risk-test refreshes and a launch goal before the end of the year, but does not identify first participating labs, funding commitments or a supervising US agency.

July 15, 2026Read More →
Swiss Regulator Opens Google Android Choice-Screen Probe
Capital & PolicyFunding
REGULATION WATCH:

Swiss Regulator Opens Google Android Choice-Screen Probe

TNW reported that Switzerland’s Competition Commission opened a preliminary investigation after Google removed the Android search-engine choice screen from Swiss phones while keeping it in the European Economic Area. COMCO said the change could affect rival search and digital-service providers, while Google has not published a rationale for the Swiss withdrawal.

July 14, 2026Read More →
Apple Complaint Alleges OpenAI Coached Staff Around Exit Checks
Capital & PolicyFunding
REGULATION WATCH:

Apple Complaint Alleges OpenAI Coached Staff Around Exit Checks

Apple’s 41-page trade-secret complaint alleges OpenAI coordinated recruitment of Apple employees and coached candidates around exit procedures, TechCrunch reported. OpenAI’s cited statement said it has no interest in other companies’ trade secrets, and the court record cited by the outlet does not include a ruling on Apple’s claims.

July 14, 2026Read More →
AICB Survey Says 44% Of Malaysian Banks Are Developing AI Readiness
Fintech & Digital PaymentsNews
AI SHIFT:

AICB Survey Says 44% Of Malaysian Banks Are Developing AI Readiness

TechNode Global, citing source-owned material from AICB, reported that AICB’s Malaysian banks AI readiness survey put 44% of banks and development finance institutions in the developing stage of AI readiness. AICB said the survey drew on responses from 87 senior leaders, but the public source record did not name individual banks, provide production deployment counts, publish institution-level budgets or customer-impact metrics, or set out a timetable for closing the governance gaps.

July 13, 2026Read More →