Cryptocurrency exchange Binance temporarily suspended its blockchain following a sophisticated cyberattack that siphoned off digital assets worth approximately £5.2 billion. The breach targeted the Binance Smart Chain, prompting immediate action to contain the financial damage.
Nvidia has completed the acquisition of Hugging Face, a prominent open-source artificial intelligence platform, in a deal valued at $12.9 billion. This strategic move grants Nvidia control over a significant AI developer community and its vast repository of models and datasets, further solidifying the company's position within the rapidly evolving AI landscape.
Jaguar Land Rover has announced the elimination of 300 agency staff positions across its Halewood and Solihull manufacturing facilities. This move is part of the company's broader strategy to reduce operational costs by approximately £1.7 billion over the next two years. The redundancies follow a period of production adjustments and a notable decline in vehicle demand.
