2025 Had 8,200 AI-Linked Job Cuts. 7 Months Into 2026, It’s 70,000

AI-linked layoffs across fintech and financial services were relatively modest in 2025, with seven announcements affecting around 8,200 roles over the entire year. Quite a number, but not that eye-opening. Now, roughly seven months into 2026, the tally has made the figure seem a little dwarfed. Between January and July, our Fintech News Network AI [...] The post 2025 Had 8,200 AI-Linked Job Cuts. 7 Months Into 2026, It’s 70,000 appeared first on Fintech Singapore.

Gotta be bonds: Australian investors wanted to tip $20 billion into Alphabet’s $5.5bn debt raise

Alphabet’s A$5.5bn Kangaroo bonds unleashed a $20bn Aussie feeding frenzy for AI debt—see why Amazon may be next.

A SpaceX rocket smashed into the Moon — NASA just revealed the crater

A discarded SpaceX Falcon 9 stage crashed into the Moon on Aug. 5, leaving behind a newly formed crater about 60 feet wide. NASA’s Lunar Reconnaissance Orbiter captured detailed images showing bright and dark streaks of debris blasted across the surrounding surface. The impact even exposed fresh material buried beneath the Moon’s weathered exterior.

AI-based science research startup Bower bags $2 million pre-Seed

Bower grabs $2M to turn lab goggles into an AI research OS, capturing experiments before knowledge vanishes.

Business hopes for continuity after 'mixed bag' Zambian election

From travel warnings to visa fees: why Chinese tourism to Japan is in free fall

Mainland Chinese tourist arrivals in Japan fell for an eighth consecutive month in July, as group tours slumped and visa costs rose amid deteriorating ties between Beijing and Tokyo. Mainland China has traditionally been a major source of visitors for Japan, but tourist arrivals plunged 56.1 per cent year on year in July, extending a downward trend that began in December 2025, according to data released by the Japan National Tourism Organisation (JNTO) on Wednesday. Overall foreign arrivals to..

Hesai rides on lidar growth as smart cars gain ground despite China’s struggling market

Chinese carmakers’ reinforced push to produce more smart vehicles could sustain growth for hi-tech component suppliers, even as the broader automotive market remains lacklustre, according to Hesai Group chief financial officer Andrew Fan. “Orders for our lidar sensors [this year] were higher than in the same period last year,” Fan told the South China Morning Post on Wednesday. “An increasing percentage of new [car] models are now fitted with lidars as brands make them more intelligent.” Hesai –

This total solar eclipse looked strangely golden — here’s why

Spain’s total solar eclipse delivered an unexpected sight: a corona glowing gold instead of its usual pearly white. Because the Sun was setting, its light passed through more atmosphere, while smoke from nearby wildfires filtered out even more blue light. The result was a dramatic golden eclipse, punctuated by a bright pink solar prominence.

China’s supernodes go mainstream as AI model sizes grow

Supernodes were everywhere at last month’s World Artificial Intelligence Conference (WAIC) in Shanghai. Assemblies of dozens or hundreds of computer chips and associated hardware, supernodes are China’s way around the United States’ ban on the export of the most advanced artificial intelligence (AI) chips. Using greater quantities of domestic chips to deliver world-class computing power, they allow China to dodge the chokehold the US is trying to place on its AI aspirations. At this year’s WAIC,

Oman’s Automobile City to start operations next year

Oman will open the first phase of the Automobile City project in Salalah in the second quarter of 2027, with nearly half of the work completed, according to a senior executive of the contracting company. The project aims to serve as an integrated destination for the automotive sector, Faisal Al Dheeb, managing director of Al […]

Nigeria's APC in major election scare ahead of 2027 vote