MI5 says over 100 UK academics worked on projects funded by China’s spies
MI5 says over 100 UK academics worked on projects funded by China’s spies

MI5 has told UK universities to review any work with the China General Technology Research Institute (CGTRI). It says the institute funds research for China’s Ministry of State Security (MSS). More than 100 UK-linked academics have worked on its projec…

Bank of England’s Bailey warns the AI boom could bring market shocks
Bank of England’s Bailey warns the AI boom could bring market shocks

AI could set off shocks in financial markets, and the UK has to be ready for them, Bank of England governor Andrew Bailey told the BBC on Thursday. He said the Bank is watching the money flowing into AI “very carefully”. Mitchell Labiak and Faisal Isla…

Oura postpones its $2.2bn IPO, citing market uncertainty
Oura postpones its $2.2bn IPO, citing market uncertainty

Oura has postponed its Nasdaq IPO, citing “uncertainty in the IPO market”. The Finnish-founded smart ring maker said so in a statement on Tuesday, a week after it launched the offering. It said it is postponing “despite strong demand”, and gave no new …

ElevenLabs doubles its valuation to $22bn in a $300m share sale
ElevenLabs doubles its valuation to $22bn in a $300m share sale

ElevenLabs is now worth $22bn, double its $11bn valuation in February. Employees and existing investors sold $300m of shares, the voice AI company said in a blog post on Wednesday. Wellington Management and T. Rowe Price led the deal. Six investors bou…

ElevenLabs opens Brussels office and plans to triple its Belgian team
ElevenLabs opens Brussels office and plans to triple its Belgian team

ElevenLabs has launched in Belgium and opened an office in Brussels, the voice AI company said on Wednesday. The office is in the European District, close to the main EU buildings. ElevenLabs has named Falke Van Onacker to lead its Belgian business and…

Complaint accuses EU of hiding data centres’ energy and water use
Complaint accuses EU of hiding data centres’ energy and water use

Lighthouse Reports, a Dutch non-profit newsroom, lodged a complaint this week, saying the European Commission keeps the public from seeing how much power and water each data center uses. They classified it under the Aarhus Convention, a binding treaty …

Mistral CEO tells CNBC US AI safety debate covers rivals’ ‘negligence’
Mistral CEO tells CNBC US AI safety debate covers rivals’ ‘negligence’

Mistral chief executive Arthur Mensch said the US debate over AI safety has been a cover for the “negligence” of some of his rivals. He made the comments to Annette Weisbach in an interview with CNBC on Tuesday. “The debate that we’ve seen in the U.S. …

The Dutch government is building its own Linux desktop on NixOS
The Dutch government is building its own Linux desktop on NixOS

The Dutch government is building its own open source workplace for civil servants, with a desktop operating system built on the Linux distribution NixOS. Eight municipalities are now testing the project, called DAWO, Dutch tech site Tweakers reported l…

France says Google fines should cut what EU countries pay into the budget
France says Google fines should cut what EU countries pay into the budget

France wants the billions of euros Google has paid in EU fines to lower what member states pay into the bloc’s budget. Benjamin Haddad, the Minister Delegate for European Affairs, made the case in an interview with the TV channel Franceinfo on Tuesday,…

Google takes EU to court over orders to share search data with AI rivals
Google takes EU to court over orders to share search data with AI rivals

Google has gone to court to challenge two EU orders that would require it to open Android to rival AI assistants and share search data with other search engines, Reuters reported. It filed both cases at the EU General Court in Luxembourg on Monday. In …