Google DeepMind has reportedly disbanded the team behind its Nobel Prize-winning Alpha Fold AI system. That's according to a report Wednesday (July 29) from the Financial Times (FT), which frames the move as Google overhauling a research strategy that made DeepMind one of the top AI laboratories.
Team Internet Group PLC (AIM:TIG, OTCQX:TIGXF, FRA:4CN) said it expects to return to year-on-year earnings growth in the second half after its Search division returned to profitability in June, completing its transition away from legacy AdSense for Domains revenue. Adjusted EBITDA fell 21% year on year to US$19.5 million in the six months to June, though this represented an 8% improvement on the second half of 2025.
Archer Aviation (NYSE:ACHR | ACHR Price Prediction) shares are trading higher in Monday morning action, up 14% to $5.06.
Israel-based software company Wix has launched a partnership with U.S. Bank-owned payment processor Elavon. The collaboration, announced Tuesday (July 7), is designed to enhance the recently launched Elavon Business Solutions (EBS) platform by combining the company's small business payments/software capabilities with Wix's website creation and unified commerce technology.
Team Internet Group PLC (AIM:TIG, OTCQX:TIGXF, FRA:4CN), which earns recurring revenue from powering online identity and discovery, said its year of transition was complete as it set its sights firmly on growth in 2026. Publishing its audited results for 2025, chief executive Michael Riedl said the group had reshaped itself and strengthened its financing through amended facilities and extended maturities, with its growth segments carrying real momentum into the new year.
Financial services platform Mercantile has joined forces with American Express and the American Bar Association (ABA). The collaboration, announced Wednesday (June 24), is designed to give legal professionals who are part of the bar association (ABA) greater access to credit solutions.
TXG collaborates with the Cleveland Clinic to advance bladder cancer diagnostics using Flex Apex, Xenium and potentially Atera.
Team Internet Group PLC (AIM:TIG, OTCQX:TIGXF, FRA:4CN) expects to announce the outcome of a potential disposal of its Domains, Identity & Software division in the first half of the third quarter of 2026, as the group's strategic review to unlock shareholder value progresses. It said discussions with selected parties were continuing and that it would pursue a sale where it delivers fair value, though it cautioned that no certainty existed that any transaction would be agreed or as to its terms.
Arcus Biosciences teams up with Bristol Myers Squibb to test casdatifan combinations in kidney cancer, expanding its ccRCC development strategy.
BASFY teams up with Arva to help biofuel producers source verified low-carbon grain and maximize benefits from the Section 45Z tax credit.
Team Internet Group PLC (AIM:TIG, OTCQX:TIGXF, FRA:4CN) this week outlined continued progress across its search, AI and international expansion initiatives, while also updating investors on refinancing discussions and strategic interest in its DIS business. Speaking with Proactive from New York, chief executive Michael Riedl said the company had now completed its transition from Google's longstanding AdSense for Domains model to the newer “Related Search on content” framework.
META is cutting 8,000 jobs and shifting thousands into AI roles as massive infrastructure spending reshapes its workforce.