AI firm Anthropic has released Claude Opus 5, a new model designed for enterprise use that offers performance comparable to its most advanced offering at a 50% lower price point, addressing growing market competition and cost sensitivity.
Meta Platforms is rolling out new capabilities for its Meta AI service, enabling the chatbot to autonomously complete tasks like summarizing daily schedules and creating recurring plans. The update is powered by a new AI model and comes ahead of the company's Q2 earnings report.
The aerospace and defense industry is grappling with a significant shortage of young engineers, as lucrative opportunities in artificial intelligence and technology lure top talent away, threatening the sector's ability to manage a record order backlog.
German logistics firm Beumer Group has filed a lawsuit against the European Commission, challenging its refusal to review Vanderlande's €300 million acquisition of Siemens' airport logistics division.
President Donald Trump announced the U.S. will initiate an investigation into the European Union under Section 301 of the Trade Act of 1974, following the bloc's €890 million fine against Alphabet's Google.
Gasoline refining margins in Northwest Europe rose on Friday, benefiting from a pullback in crude oil prices that had surged on concerns over Middle East shipping disruptions.
The smartphone chipmaker reportedly informed clients of significant price increases effective September 1, citing the inability to absorb rising supplier costs amid a broader memory chip shortage.
The Finnish benchmark stock index closed in positive territory on Friday, buoyed by significant gains in the industrial and technology sectors. Valmet Oyj was the session's standout performer with a surge of over 21%.
Sweden's benchmark stock index, the OMX Stockholm 30, rose 1.03% on Friday, driven by advances in the industrial, financial, and basic materials sectors. The gains came despite a sharp drop in global oil prices.
