Google Cloud study shows AI agents driving global business growth

A new Google Cloud study indicates that more than half of global enterprises are already using AI agents, with many reporting consistent revenue growth and faster return on investment.

The research, based on a survey of 3,466 executives across 24 countries, suggests agentic AI is moving from trial projects to large-scale deployment.

The findings by Google Cloud reveal that 52% of executives said their organisations actively use AI agents, while 39% reported launching more than ten. A group of early adopters, representing 13% of respondents, have gone further by dedicating at least half of their future AI budgets to agentic AI.

These companies are embedding agents across operations and are more likely to report returns in customer service, marketing, cybersecurity and software development.

The report also highlights how industries are tailoring adoption. Financial services focus on fraud detection, retail uses agents for quality control, and telecom operators apply them for network automation.

Regional variations are notable: European companies prioritise tech support, Latin American firms lean on marketing, while Asia-Pacific enterprises emphasise customer service.

Although enthusiasm is strong, challenges remain. Executives cited data privacy, security and integration with existing systems as key concerns.

Google Cloud executives said that early adopters are not only automating tasks but also reshaping business processes, with 2025 expected to mark a shift towards embedding AI intelligence directly into operations.

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Coinbase relies on AI for nearly half of its code

Coinbase CEO Brian Armstrong said AI now generates around 40 per cent of the exchange’s code, expected to surpass 50 per cent by October 2025. He emphasised that human oversight remains essential, as AI cannot be uniformly applied across all areas of the platform.

Armstrong confirmed that engineers were instructed to adopt AI development tools within a week, with those resisting the mandate dismissed. The move places Coinbase ahead of technology giants such as Microsoft and Google, which use AI for roughly 30 per cent of their code.

Security experts have raised concerns about the heavy reliance on AI. Industry figures warn that AI-generated code could contain bugs or miss critical context, posing risks for a platform holding over $420 billion in digital assets.

Larry Lyu called the strategy ‘a giant red flag’ for security-sensitive businesses.

Supporters argue that Coinbase’s approach is measured. Richard Wu of Tensor said AI could generate up to 90 per cent of high-quality code within five years if paired with thorough review and testing, similar to junior engineer errors.

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Perplexity AI teams up with PayPal for fintech expansion

PayPal has partnered with Perplexity AI to provide PayPal and Venmo users in the US and select international markets with a free 12-month Perplexity Pro subscription and early access to the AI-powered Comet browser.

The $200 subscription allows unlimited queries, file uploads and advanced search features, while Comet offers natural language browsing to simplify complex tasks.

Industry analysts see the initiative as a way for PayPal to strengthen its position in fintech by integrating AI into everyday digital payments.

By linking accounts, users gain access to AI tools and cash back incentives and subscription management features, signalling a push toward what some describe as agentic commerce, where AI assistants guide financial and shopping decisions.

The deal also benefits Perplexity AI, a rising search and browser market challenger. Exposure to millions of PayPal customers could accelerate the adoption of its technology and provide valuable data for refining models.

Analysts suggest the partnership reflects a broader trend of payment platforms evolving into service hubs that combine transactions with AI-driven experiences.

While enthusiasm is high among early users, concerns remain about data privacy and regulatory scrutiny over AI integration in finance.

Market reaction has been positive, with PayPal shares edging upward following the announcement. Observers believe such alliances will shape the next phase of digital commerce, where payments, browsing, and AI capabilities converge.

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UK factories closed as cyberattack disrupts Jaguar Land Rover

Jaguar Land Rover (JLR) has ordered factory staff to work from home until at least next Tuesday as it recovers from a major cyberattack. Production remains suspended at key UK sites, including Halewood, Solihull, and Wolverhampton.

The disruption, first reported earlier this week, has ‘severely impacted’ production and sales, according to JLR. Reports suggest that assembly line workers have been instructed not to return before 9 September, while the situation remains under review.

The hack has hit operations beyond manufacturing, with dealerships unable to order parts and some customer handovers delayed. The timing is particularly disruptive, coinciding with the September release of new registration plates, which traditionally boosts demand.

A group of young hackers on Telegram, calling themselves Scattered Lapsus$ Hunters, has claimed responsibility for the incident. Linked to earlier attacks on Marks & Spencer and Harrods, the group reportedly shared screenshots of JLR’s internal IT systems as proof.

The incident follows a wider spate of UK retail and automotive cyberattacks this year. JLR has stated that it is working quickly to restore systems and emphasised that there is ‘no evidence’ that customer data has been compromised.

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Fintech CISO says AI is reshaping cybersecurity skills

Financial services firms are adapting rapidly to the rise of AI in cybersecurity, according to David Ramirez, CISO at Broadridge. He said AI is changing the balance between attackers and defenders while also reshaping the skills security teams require.

On the defensive side, AI is already streamlining governance, risk management and compliance tasks, while also speeding up incident detection and training. He highlighted its growing role in areas like access management and data loss prevention.

He also stressed the importance of aligning cyber strategy with business goals and improving board-level visibility. While AI tools are advancing quickly, he urged CISOs not to lose sight of risk assessments and fundamentals in building resilient systems.

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EASA survey reveals cautious optimism over aviation AI ethics

The European Union Aviation Safety Agency (EASA) has published survey results probing the ethical outlook of aviation professionals on AI deployment, released during its AI Days event in Cologne.

The AI Days conference gathered nearly 200 on-site attendees from across the globe, with even more participating online.

The survey measured acceptance, trust and comfort across eight hypothetical AI use cases, yielding an average acceptance score of 4.4 out of 7. Despite growing interest, two-thirds of respondents declined at least one scenario.

Their key concerns included limitations of AI performance, privacy and data protection, accountability, safety risks and the potential for workforce de-skilling. A clear majority called for stronger regulation and oversight by EASA and national authorities.

In a keynote address, Christine Berg from the European Commission highlighted that AI in aviation is already practical, optimising air traffic flow and predictive maintenance, while emphasising the need for explainable, reliable and certifiable systems under the EU AI Act.

Survey findings will feed into EASA’s AI Roadmap and prompt public consultations as the agency advances policy and regulatory frameworks.

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WhatsApp fixes flaw exploited in Apple device hacks

WhatsApp has fixed a vulnerability that exposed Apple device users to highly targeted cyberattacks. The flaw was chained with an iOS and iPadOS bug, allowing hackers to access sensitive data.

According to researchers at Amnesty’s Security Lab, the malicious campaign lasted around 90 days and impacted fewer than 200 people. WhatsApp notified victims directly, which urged all users to update their apps immediately.

Apple has also acknowledged the issue and released security patches to close the cybersecurity loophole. Experts warn that other apps beyond WhatsApp may have been exploited in the same campaign.

The identity of those behind the spyware attacks remains unclear. Both companies have stressed that prompt updates are the best protection for users against similar threats.

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Record funding and new assurance measures mark fresh UK AI push

Private backing for UK AI companies has reached £2.9 billion, with average deals of £5.9 million, driving record growth across the sector. Ministers say investment is spreading regionally, with the number of firms in the Midlands, Yorkshire, Wales, and the North West doubling in just three years.

At Mansion House, Technology Secretary Peter Kyle urged industry to cut red tape, expand data centres, and attract global talent. He emphasised that public trust, supported by AI assurance measures, is crucial for growth.

The assurance roadmap aims to add billions to the economy by creating a dedicated profession to review AI systems for safety, ethics, and accountability. Independent experts will be tasked with certifying systems, while a consortium of professional bodies develops a code of ethics to guide standards.

Further initiatives include £2.7m to boost regulator capacity and AI projects for Ofgem, the Civil Aviation Authority, and the Office for Nuclear Regulation, covering energy, aviation, and nuclear waste.

Officials say these measures will help position the UK as a world leader in AI innovation, while ensuring growth is matched with robust oversight and public confidence in the technology.

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CNIL fines Google and SHEIN in ongoing cookie compliance crackdown

France’s data protection authority, CNIL, has fined Google 350 million euros and SHEIN 150 million euros as part of a broader enforcement effort targeting non-compliant use of advertising cookies under Article 82 of the French Data Protection Act.

The action stems from CNIL’s 2019 guidelines, aimed at ensuring that internet users are adequately informed and give valid consent for the placement of cookies.

The CNIL’s restricted committee, responsible for imposing penalties, raised ongoing concerns such as unauthorised cookie placement and the growing use of ‘cookie walls’ where users must accept cookies to access services.

Although not illegal by default, such practices require consent, with all choices presented clearly and without bias.

In Google’s case, CNIL also cited a breach of Article L.34-5 of the French Postal and Electronic Communications Code for displaying promotional emails in Gmail’s ‘Promotions’ and ‘Social’ tabs without prior user consent. High-traffic platforms remain a key focus of the authority’s compliance strategy.

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Latvia launches open AI framework for Europe

Language technology company Tilde has released an open AI framework designed for all European languages.

The model, named ‘TildeOpen’, was developed with the support of the European Commission and trained on the Lumi supercomputer in Finland.

According to Tilde’s head Artūrs Vasiļevskis, the project addresses a key gap in US-based AI systems, which often underperform for smaller European languages such as Latvian. By focusing on European linguistic diversity, the framework aims to provide better accessibility across the continent.

Vasiļevskis also suggested that Latvia has the potential to become an exporter of AI solutions. However, he acknowledged that development is at an early stage and that current applications remain relatively simple. The framework and user guidelines are freely accessible online.

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