Intel is committing 5 billion euros, around $5.7bn, to expand its campus at Leixlip in Ireland. The money is aimed at data-centre processors for AI and high-performance computing, Bloomberg reports. It is a serious share of the company’s budget. The su…
A London startup co-founded by a former Palantir executive has raised $50m to help governments and companies use American cloud and AI without letting America reach inside. The fear driving it stopped being hypothetical this year. Valarian, a London-ba…
The European Union and the United Kingdom have jointly sanctioned Russia’s cyber apparatus for the first time. The EU listed nine individuals and four entities, while the UK went further with 24, Politico reports. The language is what matters here. The…
Munich’s Helsing has raised $1.8bn at an $18bn valuation, making it Europe’s largest defence startup. The round is a bet on sovereign AI. A lot of the money paying for it is American. Europe’s biggest defence startup just got a lot bigger. On Monday He…
Tom Blomfield built two of Britain’s best-known fintech companies. Now the Monzo founder is joining Anthropic, and his job is to help crack the AI industry’s hardest problem: compute. One of the biggest names in UK tech is heading to one of the most va…
Cutting the West’s reliance on China would carry a staggering price. A new study puts the cost of decoupling from China at $23.6tn over 25 years, and warns the bill would land hardest on the industries building Europe’s tech future. The West has spent …
France believes its cheap, low-carbon electricity is Europe’s overlooked advantage in AI. A debate has now opened over that power. Should it go to homegrown AI firms, or to the American giants building data centres on French soil? When the head of Euro…
A shiny new VC firm named the AI pioneer as a partner on Friday morning. By Friday night, the fund did not exist. Yann LeCun has had a busy year. Now he has had a strange one. On Friday, a new venture firm called Extelligence Invest named the man often…
A panel of experts has recommended that the European Union bar children under 13 from social media, with looser rules for teens up to 18.
The European Union will propose limits on children’s access to social media, Commission president Ursula von der Leyen said on Monday, hours after an expert panel she convened delivered its recommendations on how the bloc should shield minors from harm…