Every government has an AI strategy. Dubai just gave its private sector a deadline.
Every government has an AI strategy. Dubai just gave its private sector a deadline.

Every major government now has an AI strategy. Most involve pilot programmes, task forces, and multi-year roadmaps that promise transformation without specifying a deadline. Dubai has taken a different approach. On Sunday, Crown Prince Sheikh Hamdan bi…

Apple spent a decade waiting for developers to build Wallet passes. Now it is letting users build their own.
Apple spent a decade waiting for developers to build Wallet passes. Now it is letting users build their own.

Apple has spent more than a decade trying to get every gym, cinema, airline, and transit system on Earth to build native passes for its Wallet app. Most have not. The gym down your street still gives you a QR code in a standalone app. The cinema chain …

A crypto VC raised $1 billion to fund AI agents. The bet is that finance, not models, is what they need.
A crypto VC raised $1 billion to fund AI agents. The bet is that finance, not models, is what they need.

  Katie Haun has raised $1 billion for two new venture funds at Haun Ventures, split evenly between early and later-stage vehicles to be deployed over the next two to three years. The capital will go into crypto and blockchain companies, which have bee…

Space weather could cost the satellite industry $40 billion in a single storm. A 15-person startup is building the forecast.
Space weather could cost the satellite industry $40 billion in a single storm. A 15-person startup is building the forecast.

There are more than 8,000 active satellites in orbit. By 2030, there will be more than 25,000. A single geomagnetic storm, the kind the sun produces several hundred times during a solar maximum, could cost the satellite industry $40 billion. In Februar…

STMicroelectronics targets more than $3bn from space, riding the satellite constellation boom
STMicroelectronics targets more than $3bn from space, riding the satellite constellation boom

The Geneva-based chipmaker has shipped over 5 billion RF antenna chips to Starlink and now expects its low-Earth-orbit business alone to deliver more than $3bn in cumulative revenue between 2026 and 2028. Orbital data centres are an option for later. W…

Musk tried to settle the OpenAI case two days before trial. Then he promised to make Brockman the most hated man in America.
Musk tried to settle the OpenAI case two days before trial. Then he promised to make Brockman the most hated man in America.

  Elon Musk texted Greg Brockman two days before trial to ask about settling. Brockman suggested Musk drop all claims against the individuals. Musk replied: “By the end of this week, you and Sam will be the most hated men in America. If you insist, so …

GameStop wants to buy eBay for $55.5 billion. Its own revenue fell 27 per cent last year.
GameStop wants to buy eBay for $55.5 billion. Its own revenue fell 27 per cent last year.

Ryan Cohen announced on Saturday that GameStop has submitted an unsolicited, non-binding proposal to acquire eBay for $125 per share, a cash-and-stock offer valuing the e-commerce company at approximately $55.5 billion. GameStop’s market capitalisation…

SAP buys Prior Labs to anchor a European frontier AI lab around tabular foundation models
SAP buys Prior Labs to anchor a European frontier AI lab around tabular foundation models

Eighteen months after a €9m pre-seed, the Freiburg-based pioneer of TabPFN is being acquired by SAP and will receive more than €1bn over four years. The terms are not disclosed; the strategic intent is unmistakable. When Frank Hutter, Noah Hollmann, an…

Brussels reissues its Huawei warning, six years on, and prepares to make it stick
Brussels reissues its Huawei warning, six years on, and prepares to make it stick

The European Commission has formally recommended that member states keep Huawei and ZTE out of their connectivity infrastructure. The same restrictions are now moving toward becoming legally binding. China has already threatened to retaliate. When the …

Europe’s finance chiefs want Mythos access to defend their banks. Washington has so far said no.
Europe’s finance chiefs want Mythos access to defend their banks. Washington has so far said no.

An Anthropic AI model that can find zero-days in every major operating system has become a geopolitical and prudential question. The Eurogroup met in Brussels on Monday with no answer in hand. Brussels on a Monday morning in early May is not, by tradit…