Capgemini Beats Revenue Target on AI Push

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Capgemini reported stronger-than-expected 2025 revenue, driven by accelerating demand for AI-powered business services following the integration of newly acquired WNS.

The French IT services group posted revenue of 22.47 billion euros, surpassing its own growth guidance as fourth-quarter sales jumped 10.6%. Contributions from WNS and Clou4C played a major role in boosting performance.

Generative and agentic AI made up more than 10% of total bookings in the final quarter, doubling from earlier in the year. Capgemini has already identified around 100 cross-selling opportunities with WNS and secured a major intelligent operations contract valued at over 600 million euros.

Looking ahead, the company expects revenue growth of up to 8.5% in 2026, with acquisitions contributing nearly five percentage points. Operating margins are also forecast to improve slightly.

Capgemini plans to invest heavily in restructuring to align its workforce with rising demand for AI-driven services, positioning itself as a key enabler of enterprise-wide AI adoption.

Iraq-UAE Plan $700M AI Data Cable Route

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An Iraqi-UAE consortium is preparing a $700 million data cable project linking the United Arab Emirates to Turkey through Iraq, aiming to strengthen regional connectivity as demand for AI infrastructure accelerates.

The project, known as WorldLink, will combine a subsea cable from the UAE to Iraq’s Faw peninsula with a land route running north to the Turkish border. It is being backed by Tech 964, DIL Technologies and UAE-based Breeze Investments.

Planned as a privately funded five-year rollout, the system is designed to ease congestion on existing data routes and provide a faster alternative to traditional connections passing through the Suez Canal.

The initiative reflects intensifying regional competition to become digital and AI infrastructure hubs, with Gulf states investing heavily in data centers and connectivity.

WorldLink follows closely on the announcement of a Saudi-backed fibre-optic network in Syria, part of a broader push to position the region as a strategic data bridge between Asia and Europe.

Musk’s X Back Online After Brief US, UK Outage

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Elon Musk’s social media platform X returned to normal operations after experiencing a brief outage that affected users in both the United States and the United Kingdom.

According to outage tracking service Downdetector, reports of disruptions in the U.S. peaked at nearly 40,000 before dropping significantly to around 730 by late morning. In the UK, more than 11,000 users reported issues at the height of the disruption.

The figures are based on user-submitted reports, meaning the total number of affected users may have varied.

X did not immediately comment on the cause of the outage.

The disruption comes amid ongoing structural changes within Musk’s business ecosystem. Earlier moves included folding X into his artificial intelligence venture xAI through a share swap, followed more recently by SpaceX acquiring the AI startup.