French state investment bank Bpifrance sold a 2.5% stake in Orange for approximately €1.1 billion, but maintained its position as the operator’s largest shareholder.

In a statement, the investment bank disclosed it successfully placed 66.5 million shares at a price of €16.57 each, a move made in conjunction with the state.

Following the transaction, it separately holds approximately 7.1% of share capital and 5.9% voting rights.

Acting jointly as the group’s shareholder with the French state, the duo hold a stake of approximately 20.4% and 27% of voting rights. Board representation remains unchanged.

Reuters first reported the French stake was planning to sell a small stake in Orange yesterday (30 July).

“Bpifrance reiterates its support and confidence in the Orange management team and in the strategy pursued within the framework of its Trust the Future plan,” the investment bank added.

Orange CEO Christel Heydemann laid out the five-year strategy in February, focusing priorities on customer growth, AI investment and monetising infrastructure assets.

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Anthropic disclosed it is investigating three instances of its Claude AI models conducting hacks into companies during a testing process, a week after OpenAI revealed a similar incident.

The company explained its Claude models “reached the internet” from within or while interacting with a third-party evaluation environment and then gained access to the real systems of three different organisations.

Anthropic blamed a “misunderstanding” between it and a partner, which resulted in the model being able to access the internet during a cybersecurity testing process.

This then led the model’s search to real systems on the open internet, treating them as part of the exercise.

“Operating under the false belief that all accessible entities were intended to be in-scope for the exercise, Claude compromised the impacted organisations’ infrastructure using basic techniques, such as exploiting weak passwords and unauthenticated endpoints,” Anthropic stated.

Anthropic added it did not find or “exploit any complex weaknesses”.

It did not reveal which companies had been attacked.

Review
The company stated the OpenAI incident, in which two models attacked Hugging Face, prompted it to conduct a large-scale retrospective review of its own cybersecurity evaluations.

In particular, it looked for evidence Claude, like the OpenAI models, was able to access “the internet from the testing environments that should have been sealed off”.

It found the breaches after reviewing 141,006 evaluation runs where Claude could have obtained internet access.

The incidents occurred on Claude models Opus 4.7, Mythos 5 and an internal research test model.

“Ultimately, many factors contributed to these incidents, but consistent with a blameless post mortem culture, we’re approaching the fixes as if the responsibility were ours alone,” the company added.

Nvidia this week led the way in the formation of an AI safety coalition in response to the OpenAI incident.

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The European Union (EU) outlined plans to provide €10 billion in funding to build seven AI gigafactories in addition to unlocking €20 billion in private investment for the project.

In its latest push to accelerate Europe’s technological sovereignty and close the gap to the US and China, the EU stated the initiative would expand AI compute capacity and give start-ups, SMEs, industry and others access to infrastructure for training, inference and tuning of advanced frontier AI models.

It explained the gigafactories would be used to combine advanced AI processors, software and cloud technology stacks, high-speed connectivity and energy-efficient data centres.

They will add to Europe’s network of 19 AI gigafactories with the aim of ensuring the continent can develop advanced AI on its own infrastructure in line with EU rules, following standards on data protection, security and ethics.

The first step is a call for tenders, with the EU inviting consortiums or special purpose vehicles bringing companies, public entities, investors and other partners to apply.

It explained the facilities can be established in a single member state, either on one site or across several locations.

They may also include cross-border developments in several member states through distributed AI computing facilities.

Applications will undergo a competitive valuation to select successful projects. The application process closes on 12 November, with successful bidders to be announced in 2027.

Facilities will need to become operational within 18-months of contracts being signed.

Henna Virkkunen, EVP for Tech Sovereignty, Security and Democracy at the European Commission, said “access to the raw scale of computing power within AI gigafactories is a strategic necessity for Europe as AI development accelerates”.

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Singtel confirmed it was in discussions over selling a stake in Australian subsidiary Optus following media speculation infrastructure investor Morrison is eyeing a holding in the business.

In a brief announcement, Singtel stated it is in talks with interested parties, but added there is no certainty any transaction would occur.

It pointed to a previous statement indicating a willingness to collaborate with “an Australian minority partner” while reinforcing its commitment to Optus following a series of high-profile network outages which damaged the unit’s reputation.

Singtel’s latest statement appears to be a response to an Australian Financial Review report claiming New Zealand-based investor Morrison had entered a seven-week exclusivity period to acquire a 30% stake in Optus.

The outlet reported Morrison is looking for additional investors to take part in the project, pitching a potential deal as a way to “bring Optus home”.

This week, Morrison struck a deal with Orange to set up a data centre joint venture in France at a cost of around €3 billion.

ACMA probe
Separately, the Australian Communications and Media Authority (ACMA) commenced court proceedings over an Optus network outage in September 2025 which affected users’ ability to contact emergency services.

ACMA alleges Optus breached two separate legal obligations on 1,005 occasions, failing to: give end users who made emergency calls access to emergency services; and ensure those emergency calls were carried to the relevant termination point.

If found guilty, Optus could be in line to pay a maximum penalty of AUD250,000 ($174,413) per contravention.

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US chip company Marvell Technology committed to invest $250 million in India over the next three years, expanding its facility in Bangalore to drive next-generation technology development.

Marvell stated the pledge coincides with its 20th anniversary in the country, during which it focused on advancing the semiconductor ecosystem and engineering talent.

It established operations in Bangalore in 2006, a site which has since become the company’s second-largest R&D organisation worldwide.

Through the $250 million outlay, Marvell stated it plans to double headcount, scaling up its site in Bangalore and expanding its presence in Hyderabad. It expects the expansion to strengthen its global innovation network, supporting the design and development of advanced semiconductors for AI, cloud and data infrastructure applications.

Navin Bishnoi, VP and India country manager, said the nation plays a critical role in helping Marvell advance infrastructure technologies which power leading global hyperscale companies and cloud providers.

“As we celebrate 20 years in India, we remain committed to expanding R&D investments, strengthening the country’s semiconductor ecosystem and developing the next-generation of technology talent.”

India has made a big push around boosting its semiconductor sector in recent years.

Earlier this month, the government committed to invest around $20 billion to boost chip and smartphone production as part of a long-term goal to become 100% self-reliant.

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Verizon CEO Dan Schulman revealed in the company’s Q2 earnings call it had struck a deal worth more than $1 billion with Google for data centre connectivity, while teasing other agreements will be announced before the end of the year.

Schulman said it will provide dark fibre connectivity for Google’s data centres, before adding it expects to announce other deals which together will be worth “multiple billions of dollars in revenue over the next several years”.

Details about the Google partnership were not disclosed in its second quarter earnings statement.

Over the period, Schulman stated its results provide “clear, compelling evidence” a recent shake-up to its consumer plans “is driving a structural inflection point across our entire business”.

“We are accelerating across our key metrics, achieving a step-change in churn reduction while lowering our customer acquisition and retention costs,” he said, while adding its core connectivity business is gaining momentum and the emergence of AI infrastructure revenue was helping reshape its growth trajectory.

Simplified service plans and a new loyalty rewards programme helped the company draw 184,000 postpaid phone net additions during the quarter, representing the highest gains in the segment in the past five years. Mobile and broadband net additions tallied up to 550,000, up 230,000 year-on-year.

Total revenue was broadly flat at $34.4 billion. Mobility and broadband service revenue hit $23.4 billion, a 2.8% increase, but this was offset by a nearly 20% decline in equipment revenue due to lower upgrade volumes.

Net income dropped 22.9% to $3.9 billion, primarily driven by a $1.8 billion hit in pre-tax special items including a $746 million loss related to its international wireline and managed network services business.

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Indian IT company HCLTech teamed with AI start-up Sarvam to build a data centre in the eastern state of Odisha, tapping increasing demand for the technology and cloud computing.

The project is expected to cost around INR142.6 billion ($1.5 billion), with financial assistance from the government of Odisha, HCLTech stated.

It pitched the data centre as central to boosting sovereign AI and the local developer ecosystem, employing the full-stack of its capabilities with the technology along with Sarvam’s foundation models to tailor services for private and public sector enterprises.

The company stated the data centre would also help to deliver multi-lingual AI-based services in line with calls from Indian Prime Minister Narendra Modi for the technology to benefit all citizens.

HCLTech is building its relationship with Sarvam AI after acquiring a 10.5% stake in the business for $150 million.

This month, it struck a $1.1 billion deal with an unnamed European company.

HCLTech CEO and MD C Vijayakumar said the data centre in Odisha is an important milestone in its full stack AI play, explaining the state offers “a progressive policy environment backed by excellent infrastructure”.

In November 2025, rival Tata Consultancy Services also announced plans to develop AI data centres in partnership with private equity company TPG and investing around $2 billion.

HCLTech separately outlined a plan to open a technology centre in the city of Bhubaneswar, also in Odisha.

It intends for the site to be operational by 2028, housing around 5,000 employees.

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T-Mobile US CEO Srini Gopalan (pictured) insisted its second quarter earnings are proof its strategy is working, highlighting the success of customer-focussed initiatives which are leading to a surge in adoption of its premium packages.

Gopalan stated the company’s strategy is simple: “give customers the best network, the best value and the best experience, all in one place.”

“That’s how we eliminate trade-offs for our customers, and that’s what sets us apart, and our results represent another proof point that our strategy is working,” he added.

Since taking on the role in November 2025, Gopalan has changed the reporting structure in results announcements to no longer reveal changes in wireless customer additions.

However, it recorded net account additions of 277,000 in Q2, a 13% decrease year-on-year but up quarterly by 60,000.

Speaking to Reuters, COO Jon Freier stated a push towards more lucrative subscriber plans, which include customer loyalty incentives, unlimited data and device upgrades, is beginning to pay-off.

“We are seeing new customers really kind of adopt our most premium plans at a rate of about 60% of total sales,” he said.

Total sales for the quarter increased 8% to $22.8 billion, with total service revenue up the same amount to just shy of $19 billion. Net income was broadly flat at $3.2 billion, due to the impact of related costs on its UScellular merger.  

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GSMA Intelligence estimated the cost of replacing equipment made by so-called high risk vendors (HRV) from telecoms networks in Europe will cost between €30 billion to €40 billion, based on data from operators representing almost half of the market.

In the study, independently commissioned and sponsored by seven operator groups, GSMA Intelligence put the cost of replacing mobile networks at €16 billion to €22 billion, equating to around €30 to €42 per mobile connection. This is driven by high exposure to HRV equipment and the cost of replacing equipment such as base stations.

Fixed network costs will hit up to €5 billion, representing the costs of fibre terminals, gateways and fixed wireless equipment. Transport networks, which includes optical switches, multiplexers and amplifiers will cost between €9 billion and €12 billion.

The figures cover only direct equipment replacement and exclude write-offs of existing assets, disruption cost, capacity constraints and broader impacts on future investment plans.

Higher prices
GSMA Intelligence further warned excluding HRV’s could reduce competitive pressure, leading to a 24% price increase in mobile network equipment, 19% in fixed network equipment and 10% in transport network equipment.

Higher prices would therefore raise operator investment costs by €8.5 billion between 2027 and 2030, with current budgets for mobile networks set at nearly €42 billion.

The European Commission outlined a proposal making it mandatory to “de-risk” European mobile telecoms networks from high-risk third party suppliers in January, as part of revisions to its Cybersecurity Act.

Over a five year period, it estimated phasing out equipment could lead to annual costs of €3.4 billion to €4.3 billion for operators, while investment in “trusted suppliers” could grow up to €2 billion per year.

Operators Deutsche Telekom, Fastweb, MEO, Orange, Telefonica, United Group and Vodafone Group took part in the GSMA Intelligence study, which was based on limited datasets provided by third parties.

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AMD outlined plans to invest up to $5 billion in Anthropic as part of a wider deal for the AI company to add 2 gigawatts of computing capacity to its platform, with deployment set to begin in the first half of 2027.

The duo stated it had struck the strategic partnership to address the extraordinary pace of AI adoption, which is driving rapid growth in demand for training and inference capacity,

Anthropic said it was scaling up its compute infrastructure to serve strong and growing demand for Claude and acquiring AMD’s latest AI server chips “represents a major expansion of AMD’s position at the centre of the global AI infrastructure buildout”.

Deployment of the first gigawatt of AMD’s Helios platform will begin in the first half of 2027. No timescale was given to complete deployment.

In addition, the pair stated they are launching a multiyear engineering collaboration to accelerate AMD software deployment with Claude and the company will adopt the model across its engineering and product development teams.

Details on the $5 billion commitment from AMD into Anthropic were sparse, but it will be dependent on meeting certain milestones. Anthropic has also secured billions in investment from Google and Amazon.

Lisa Su, CEO and chair at AMD, said the deal will help it establish “Helios as a major platform for the next generation of AI infrastructure”.

Chief compute officer and co-founder of Anthropic Tom Brown added access to compute is “central to keeping Claude at the frontier and meeting demand from our customers”.

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China President Xi Jinping (pictured) set out his vision for the country to assume a leadership role in AI, calling for increased international cooperation and promotion of open-source technology while taking aim at the US over attempts to govern the sector.

Xi made the comments in a speech at the World AI Conference in Shanghai, where it was announced China, Brazil, Russia and Indonesia are among 30 countries to have joined the World Artificial Intelligence Cooperation Organisation.

Chinese state media describe the new group as an intergovernmental organisation headquartered in Shanghai to promote global AI governance.

Of the new group, Xi said AI should not be a “solo performance by one country, but rather a symphony of global cooperation”.

He said the initiative is a response to the call of the Global South to unite the international community in promoting development and governance of AI, “and it will become a major milestone in the history of artificial intelligence development”.

To further support this, Xi said China will provide 5,000 training opportunities in AI-related fields for developing countries, in addition to establishing AI application cooperation centres.  

In his speech, Xi noted that as AI continues to develop at “staggering speed”, there was a greater need for positive direction.

“We must more precisely grasp the scale of oversight and governance, and more promptly refine measures to forestall loss of control.”

Overstretch
While not naming the US directly, Xi said countries should oppose “overstretching the national security concept in the field of AI, or placing one country’s security over that of others”.

The US has notably placed several restrictions on China, impacting companies in the country from accessing high-end technology.

XI continued to state he was committed to promoting cooperation, bridging the digital divide, promoting sustainable development and avoiding “creating new historical injustices in the field of artificial intelligence”.

Finally, he called on the countries to “seize this rare historical opportunity, encourage open source and open collaboration”, in turn upgrading traditional industries and ensure AI can “empower all sectors”.

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The European Commission (EC) ordered Google to ensure rival AI platforms can compete better with the company’s own services on Android and laid out data sharing requirements for its search engine.

The EC stated the measures fall under its Digital Markets Act and are the result of a six-month probe against the company to ensure compliance with the legislation.

In the field of AI, the EC noted competing AI assistants currently have only restricted access to key functions on the current Android OS. This means systems including OpenAI’s ChatGPT and Anthropic’s Claude “are not competing on an equal footing” with Google’s own services such as Gemini which have full access.

As a result, third party AI assistants are 60% less attractive to EU users who have an Android device, the EC stated.

The EC stated the measure means users would be able to activate their preferred AI assistant through voice commands.

Third-party users would also be able to employ AI assistants to perform actions in apps on their behalf.

The EC also included safeguards to ensure privacy, device integrity and security.

In total, it will open 11 features on Android to rival AI companies.

Google is also required to share data it collects from its search services with rivals including OpenAI, allowing “for the development and optimisation of third-party search engines”.

The EC stated the move would create a more level playing field with Google Search, although it will be allowed to assess whether rivals pose cybersecurity and data protection risks before opening data to them. The EC stated the measure provides “a fair formula to calculate the price of the shared data”.

Google is required to begin implementing the search measures by January 2027 and the changes to Android from July 2027.

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TSMC raised its investment budget in the US by a further $100 billion, driven by strong demand for AI technology through to 2030.

In an announcement tied to its quarterly results, the Taiwanese chipmaker revealed it would spend the sum in the US state of Arizona, adding to an investment of $165 billion which it has already committed.

TSMC has pledged to build eight manufacturing sites in Arizona, and with the additional investment, could now set up another four focused on manufacturing advanced 2nm chips, in addition to facilities for advanced packaging.

CEO CC Wei stated its raised outlook was based on demand mainly from cloud service providers, which provide a “strong signal and positive outlook”.

“Thus, our conviction in the multi-year AI mega-trend remains very high.”

He added the investment “will help further foster the development of the US semiconductor ecosystem, strengthen the supply chain and support an increasing number of high-tech, high-paying jobs” in the country.

In Q2 2026 the company reported a year-on-year revenue increase of 36% to TWD1.3 trillion ($40.4 billion), with net income increasing 77% to TWD706.6 billion.

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India committed to spend an additional INR1.9 trillion ($19.7 billion) on boosting chip and smartphone production in the country, accelerating an initiative first laid out five years ago.

Prime Minister Narendra Modi’s government has allocated around INR1.3 trillion to provide state aid for semiconductors and a INR625 billion outlay on smartphones.

The latest investment builds on the Semicon 1.0 initiative outlined in 2021 to invest around INR1 trillion on starting and establishing the country’s semiconductor sector.

In a statement, Ashwini Vaishnaw, minister for Electronics and Information Technology, explained under the refreshed Semicon 2.0, the nation would focus on ensuring chips are being designed in India that can meet all its needs, and by the end of the programme, “we will be 100% self-reliant”.

He added every major industry leader wants to establish a presence in the country “given the growing interest in India’s semiconductor programme”, pointing to partnerships already established with the US, Japan, the European Union (EU), Netherlands, Singapore and Germany.

The minister added the investment and incentives will be aimed at projects around chip design, fabrication of machinery, R&D and talent creation.

Under the Mobile Phone Manufacturing Scheme, Vaishnaw said it would create around 60,000 direct jobs, while it will look to incentivise domestic companies with Chinese suppliers currently dominating the market.

India’s semiconductor advancement adds to similar moves in the US, which has a funding programme in place worth $52 billion. The EU recently unveiled a revamp to its own Chips Act.

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The US government launched a cybersecurity coordination group allowing AI developers and service providers a formal way to work together to respond to threats emerging from the technology.

The White House stated it, along with the Department of the Treasury, Homeland Security, Department of War and the Cybersecurity and Infrastructure Security Agency worked closely with industry partners to detect threats faster and develop a rapid and prioritised response to cyber vulnerabilities across critical infrastructure sectors.

The group, called Gold Eagle, has been spearheaded by President Donald Trump as part of his vision to secure and accelerate American AI innovation.

It was first revealed as part of Trump’s executive order in June to promote advanced AI innovation and security, which includes plans for the release of a new operational model for cyber defence.

The model aims to tap into frontier AI capabilities to continue advancing faster than adversaries, reduce duplicative scanning efforts and “deliver prioritised and actionable threat and remediation information to defenders” across the government and private sector.

The White House statement explained Gold Eagle will help government and industry collectively identify risks, prioritise action and strengthen the resilience of systems that power the economy, national security and daily life.

Companies involved in the coordination group were not disclosed.

Trump’s administration has taken a hands-on approach to AI regulation.

In May it unveiled a legislative framework to create uniform security and safety guardrails. This followed another executive order at the end of 2025 to secure control of AI regulation away from individual states.

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The European Commission (EC) approved €659 million in German state aid to finance four new semiconductor facilities, in line with the bloc’s Chips 2.0 Act.

Europe’s executive arm stated the measures would contribute to strengthening the European Union’s (EU) position and autonomy in the semiconductor value chain by supporting “the construction of first-of-a-kind facilities”.

Germany will provide direct grants of €353 million, €214 million, €74.4 million and €17.9 million, respectively, to build the four semiconductor facilities.

The biggest sum will be invested in Baesweiler in North Rhine-Westphalia, on a site to manufacture silicon carbide epi-wafers. The EC explained this new type of semiconductor is expected to be used in various sectors including automotive, industrial, telecoms and energy, enabling improvements in the manufacturing process.

Positive effect
All beneficiaries of the investments have agreed to ensure the broader impact of the projects have positive effects on the EU semiconductor value chain, and strengthens collaboration with universities and research institutions. They also pledged to fulfil orders on a priority basis, develop specialised training programmes and share project-related profits with Germany.

The EC explained an assessment of the plan indicated the measures would promote development of economic activities by creating capacity in Europe, had limited impact on competition and trade in the EU, and had a positive effect on the region’s semiconductor sector.

It stated the awards are the 15^th to 18^th under its Chips Act 2.0 adopted last month and the original Chips Act.

Under the initiatives, it has provided cumulative aid of around €14.2 billion.

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Outgoing Ericsson CEO Borje Ekholm (pictured) warned higher component costs would impact profitability from its Networks business, as the vendor reported drops across its top line in Q2.

Ekholm highlighted Ericsson took action to mitigate component cost inflation and pledged the company would “continue to pursue internal measures and pricing action to help offset the effect” of likely continued increases in the coming quarters.

“We also expect some pressure on Networks adjusted gross margin in Q3 due to higher volumes of network rollout projects.”

Revenue declined 6% year-on-year to SEK52.7 billion ($5.4 billion) and net income 12% to SEK4 billion. The company attributed the decreases to lower IPR licensing revenue, reflecting a non-recurring benefit from a partial settlement in the comparable period of 2025.

Sales from Networks fell 8% to SEK33 billion due to negative currency impacts and declines in Europe and the Americas.

Its Enterprise division recorded a 19% sales drop.

The picture was brighter in Cloud Software and Services, with sales growing 3% to SEK14.7 billion.

Strength
The Q2 earnings report is the last to be overseen by Ekholm, who is due to leave at the end of September. His successor Per Narvinger will present Q3 figures.  

Ekholm signed-off by stating Ericsson enters the next phase of facing pressures “from a position of strength”.

“Over recent years, we have strengthened our portfolio to capture the next wave of AI-driven connectivity. Building on our technology leadership in mobile networks, we have expanded into attractive growth areas, positioning Ericsson to capitalise as AI increasingly moves into the physical world,” he said.

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SK Hynix outlined plans to go public in the US to raise KRW45.5 trillion ($29.4 billion), which would be the second-biggest IPO in history after SpaceX’s listing earlier this month.

The South Korean high bandwidth memory (HBM) chip company filed for the proposed IPO with the Securities and Exchange Commission to list American Depositary Receipts on the Nasdaq.

In total it plans to issue 17.79 million new shares to raise more than $29 billion, giving it a company valuation of $1.2 trillion. It expects to start trading on 10 July.

It will use the cash to fund the buildout of chip factories in South Korea and acquire chipmaking equipment including extreme ultraviolet lithography (EUV) scanners. It already has an order in place with ASML worth KRW12 trillion.

A supplier to Nvidia and Google, SK Hynix has been a big winner of the AI boom, with its shares quadrupling in value this year. It competes in the HBM segment with Samsung Electronics and US-based Micron.

Indrani De, global head of investment research at financial company FTSE Russell, told Bloomberg SK Hynix’s outperformance reflects its early move in HBM and strong demand for its chip.

“Supply shortages in HBM where Korean firms dominate with 80% market share are expected to last for years,” she said.

The size of the proposed IPO would see SK Hynix surpass Saudi company Aramco’s IPO in 2019, when it raised $25.6 billion, which is currently the second largest behind SpaceX’s $75 billion.  

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Meta Platforms deepened its smart glasses push with the launch of a set of lower-priced models under its own brand name for the first time.

Called Meta Glasses, the company stated it is introducing three styles in partnership with manufacturer EssilorLuxottica, at a starting price of $299.

At the lower end of the price point are the Meta Adventurer and Meta Fury options, while a fashion-inspired variant designed in collaboration with celebrity Kylie Jenner costs $399.

The moves marks a change from Meta’s strategy which has made the company a leading smart glasses provider, with it previously launching eyewear in partnership with well-known brands in the segment such as Ray-Ban and Oakley.

Recent Ray-Ban and Oakley ranges had starting prices of $799 and $499 respectively when they were launched in September 2025.

Competition
Meta stated is offering 26 styles through the new line-up, and like with all the glasses in its portfolio they offer a range of AI features, open ear speakers, an advanced multi-mic array, over 8 hours of battery life and advanced privacy settings.

It also highlighted compatibility with Muse Spark, its first model from Meta Superintelligence Labs built specifically for its products, powering the Meta AI platform.

Competition is ramping up in the smart glasses sector, with Apple reportedly due to launch its own offering later this year, as is Google and Samsung Electronics.

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The Five Eyes intelligence agency called for urgent action to respond to the evolving AI landscape, warning while the technology would help improve defences over time, it also accelerates the speed, scale and sophistication of attacks.

Five Eyes is a global intelligence-sharing alliance between the UK, Canada, US, Australia and New Zealand: it stated frontier models are expected to exceed current industry expectations, transforming offensive and defensive cyber capabilities.

The timeline for this “is not years, it is months”, meaning action must be swift “to remain ahead”.

“In this environment, cyber resilience is integral to advancing business continuity, market confidence and long-term value,” it stated.

As part of a number of recommendations, the alliance urged leaders to understand and assess, risk, readiness and accountability; prioritise foundational cybersecurity practices and controls; empower cyber leaders with authority and resources; and actively engage as threats evolve.

“Success will come from getting the basics right, acting quickly and integrating cybersecurity into core business strategy. Those that do not will face growing operational and strategic disadvantage.”

It emphasised cyber risk cannot be treated purely as a technical issue, but rather a core business risk, arguing ensuring systems are secure by design should become standard industry practice, resilience should depend on a single solution or technology and there must be an understanding fresh vulnerabilities would emerge as AI systems evolve.

Five Eyes also called for better processes to swiftly patch faulty software, address legacy systems, and limit unnecessary system access and external connectivity.

On the flip side, the alliance stated AI should be used to bolster defences, explaining organisations integrating AI tools into security operations can detect vulnerabilities faster, improve quality, monitor unusual behaviour and respond to threats swiftly.

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