
EU AI Act Omnibus Pushes High-Risk Deadline to 2027
The EU Parliament and Council agreed on May 7 to delay high-risk AI compliance to December 2027, add a nudifier app ban, and give the machinery sector a permanent carve-out.
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The EU Parliament and Council agreed on May 7 to delay high-risk AI compliance to December 2027, add a nudifier app ban, and give the machinery sector a permanent carve-out.

Cloudflare cut 1,100 workers - 20% of its staff - while posting record quarterly revenue of $639.8 million, saying AI has made those roles obsolete in just three months.

OpenAI Workspace Agents replace Custom GPTs with always-on, Codex-powered agents that execute real workflows across Slack, Salesforce, and Google Workspace.

SAP buys German tabular AI startup Prior Labs and commits €1B to build Europe's first frontier AI lab, while also acquiring data lakehouse Dremio in a two-front push on structured enterprise data.

Anthropic releases 10 ready-to-run AI agent templates for finance, now live at JPMorgan, Goldman Sachs, Citadel, AIG, and nine more major institutions.

Sierra raised $950M at a $15.8B valuation to put AI agents in charge of customer service for some of the world's largest insurers and banks - and the safety questions are just beginning.

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Microsoft's Q3 FY2026 earnings show its AI business running at $37 billion annually - up 123 percent - while Copilot enterprise seats hit 20 million, demolishing the low-adoption narrative.

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Cohere acquires Germany's Aleph Alpha at a $20B combined valuation, backed by a €500M Schwarz Group commitment, to build a transatlantic challenger for sovereign enterprise AI.