Apple reclaims title of world’s largest company after historic stretch of outperformance

Honeywell Technologies has completed its acquisition of Johnson Matthey’s Catalyst Technologies business for £1.325 billion in an all-cash transaction. The acquisition expands Honeywell Technologies’ portfolio across refining, petrochemicals and renewable fuels. Johnson Matthey’s catalyst capabilities will be combined with Honeywell Technologies’ existing process technologies, automation products and digital solutions. The transaction is intended to create…

submitted by /u/AdSpecialist6598 [comments]

Underperforming staff at accounting software company Xero will be offered an immediate voluntary severance package instead of a performance improvement plan as the ASX-listed tech giant tries to keep pace with the AI revolution. Under an “Opt Out Program” revealed to Xero employees last month, workers who are not performing well will be given a…

Australian and New Zealand startups have raised more than $3.6 million this week. All of the fresh capital is flowing into AI platforms, tackling everything from agent development and ESG reporting to geospatial intelligence. BlueNexus: $2 million Sydney startup BlueNexus has raised $2 million in seed funding led by M31 Capital, with participation from Antler,…

GPU memory is the most expensive resource in production AI, and it’s also the one running out fastest. Long context windows and multi-turn conversations force AI models to repeatedly recompute information they’ve already processed, consuming GPU memory and compute that could otherwise serve additional users or generate new responses. Instead of treating GPU memory as…

While Kylie Jenner serves as a human billboard for Meta’s AI glasses, pop star Lorde isn’t buying it. During a set at the Mad Cool Festival in Madrid last week, Lorde had some choice words about the new technology, which many security experts have deemed a privacy nightmare. “Increasingly in our world, it gets harder…