European tech has a confidence problem that has little to do with its results. The companies are there, the exits are there, and yet the dominant story has long been one of catching up to Silicon Valley. Balderton Capital wants to change the register. …
The fight over who makes the world’s chips is increasingly a fight over the parts of a chip nobody photographs. India has just landed one of them. Intel and 3D Glass Solutions have signed an agreement to build a roughly $3.3 billion substrate-manufactu…
The world’s largest sovereign wealth fund does not often pick a fight with a company it owns. When it does, the size of the holder makes the gesture hard to ignore. Norges Bank Investment Management, which runs Norway’s $2.3 trillion oil fund, will vot…
Leica makes cameras that cost more than most people’s cars and are bought, in large part, for the red dot on the front. So there is a certain logic to a brand built on scarcity and prestige now being courted by a buyer with a taste for both. HSG, the A…
The way to read the latest Anthropic financing is to notice who is not borrowing the money. Apollo Global Management and Blackstone are arranging roughly $36 billion of debt, but the loan does not sit on Anthropic’s balance sheet. It buys chips, and th…
Meta’s $7.99-and-$19.99 chatbot tiers and OpenAI’s push into advertising mark the moment the AI revenue-model question becomes a cross-cutting collision. Meta’s decision to begin selling consumer subscriptions to its Meta AI chatbot at $7.99 and $19.99…
Three days after the Vatican called for AI to be ‘disarmed’, the Mistral CEO defended his company’s defence-AI work, arguing Europe cannot afford unilateral restraint. Arthur Mensch, the chief executive of French AI startup Mistral, pushed back directl…
At its first annual conference in Paris, Mistral formally rolled out the physics-aware AI stack it built around the Emmi acquisition, with Airbus, BMW and EDF as launch customers. Mistral AI used its first annual conference in Paris on Thursday to form…
Liu Qiangdong’s pledge to safeguard JD.com’s workforce from automation sits uncomfortably with his own ‘unmanned era’ vision and a flagship warehouse already running on four employees. Liu Qiangdong, the founder of Chinese e-commerce giant JD.com, vowe…
The Nvidia CEO accepts a seat on Tsinghua’s School of Economics and Management board alongside Musk, Dell, Nadella, Zuckerberg, Dimon and Fink, days after travelling to China with Trump. Jensen Huang has accepted an invitation to join the advisory boar…