Microsoft starts swapping OpenAI and Anthropic out for its own AI in some apps
Microsoft starts swapping OpenAI and Anthropic out for its own AI in some apps

Microsoft has begun replacing OpenAI and Anthropic models with its own AI in some product features, Bloomberg reports. The shift routes selected tasks to Microsoft’s in-house MAI models where cost or data residency favours them. The change is increment…

Romania leads its first private ESA mission with CyberCUBE launch
Romania leads its first private ESA mission with CyberCUBE launch

A Falcon 9 rocket lifted off from Vandenberg Space Force Base in California on the morning of 7 July, carrying a satellite roughly the size of a loaf of bread that will spend the next year probing how European spacecraft can be attacked. The payload, c…

AI data centres are driving up power bills at America’s Rust Belt factories
AI data centres are driving up power bills at America’s Rust Belt factories

For years, electricity costs at the Belden Brick Company in Sugarcreek, Ohio, barely moved. Last year they jumped by 90%, driven largely by the data centres multiplying across the region to feed the AI boom. The 141-year-old manufacturer, whose bricks …

BAE-backed Expeditions raises €197M fund for European defence startups
BAE-backed Expeditions raises €197M fund for European defence startups

Expeditions, the Warsaw-based venture firm backed by BAE Systems and the NATO Innovation Fund, has closed a €197m ($225m) fund to back the next wave of European defence startups. The raise caps a boom that has seen defence prime BAE commit €50M to outs…

Ex-Tesla Optimus scientist launches UMA to build Europe’s humanoid robot
Ex-Tesla Optimus scientist launches UMA to build Europe’s humanoid robot

A former Tesla scientist who helped build the intelligence behind Elon Musk’s Optimus robot wants to do it all again from Paris, only this time for Europe. Rémi Cadene, chief executive and co-founder of the startup UMA, has unveiled plans for a lightwe…

Nscale closes a $900m revolving credit facility to fund its data-centre build-out
Nscale closes a $900m revolving credit facility to fund its data-centre build-out

Nscale has closed a $900m revolving credit facility, a standing pool of borrowing it will draw on to speed up its data-centre build-out across the US, Europe, and Asia-Pacific, the company said on Tuesday. The London firm, which raised $2bn in a Series…

Gyre Energy raises $1.3m to make the world’s cold stores work less when power costs most
Gyre Energy raises $1.3m to make the world’s cold stores work less when power costs most

Across a scorching European summer, the least glamorous machines in the economy have been quietly straining. In cold stores and distribution depots, compressors run harder as the mercury climbs, pulling more power at exactly the hours power is dearest….

Judge upholds the verdict that Musk defrauded Twitter investors
Judge upholds the verdict that Musk defrauded Twitter investors

A federal judge has refused to overturn a jury’s finding that Elon Musk defrauded Twitter investors during his $44bn takeover of the platform in 2022. US District Judge Charles Breyer denied Musk’s motion to set aside the verdict in most respects on Mo…

An AI agent just ran a full ransomware attack with no human at the keyboard
An AI agent just ran a full ransomware attack with no human at the keyboard

Security firm Sysdig says it has documented the first ransomware attack run end to end by an AI agent, first reported by Business Insider. A large language model planned, executed, and adapted the entire operation, which Sysdig has named JadePuffer. Th…

WEF founder Klaus Schwab says he found a hidden listening device in his home
WEF founder Klaus Schwab says he found a hidden listening device in his home

Klaus Schwab, founder of the World Economic Forum, says a routine security inspection found a covert listening device in his home office in Geneva, Bloomberg reports. The 88-year-old has filed a criminal complaint against persons unknown. The device wa…