Artificial Intelligence

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Intel is putting 5 billion euros into Ireland, and Europe just got one of the few EUV fabs on the continent

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 sum represents roughly 30% of Intel’s $17bn capital expenditure planned for 2026, with most of it […]

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Nadella says you pay for AI twice, and Microsoft helped build the trap

Microsoft’s Satya Nadella says every firm using AI is paying for it twice, once in cash, and once in the secrets it hands over to make the thing useful. He calls it the Reverse Information Paradox. He also runs the company that helped build the trap. Satya Nadella has a warning for everyone buying AI. […]

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AI is ending older workers’ careers early, and it is coming for the well-paid ones first

The debate about AI and jobs has focused on graduates. New research suggests it should also be looking at people in their late fifties, CNBC reports. Workers aged 55 and over in AI-exposed occupations are now exiting work at higher rates than before ChatGPT launched. The finding comes from Geoffrey Sanzenbacher at Boston College’s Center for […]

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The web is now mostly bots. Cloudflare is rebuilding its defences around that

For the first time, bots generate more than half of all web traffic. Cloudflare Precursor, the company’s new tool, stops checking IDs at the door and starts watching how visitors behave once they are inside. The internet just passed a strange milestone. Bots now generate more web requests than people do. By Cloudflare’s count, automated […]

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Valarian raised $50m to help governments use US cloud without losing control of it

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-based sovereignty startup, has raised a $50m (£37m) Series A led by the US venture fund NEA, […]

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Meta’s Hyperion data centre hit $50bn, and split a Louisiana town in two

Meta’s Hyperion data centre in rural Louisiana has ballooned from $10bn to more than $50bn in under two years. In a parish of 20,000 people, it has made some locals a fortune and priced others out of their homes. Meta just made its biggest AI bet bigger. On Monday the company said its Hyperion data […]

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200 economists just admitted they can’t see where AI is taking the economy

Two hundred economists, sixteen of them Nobel laureates, have signed a statement on AI and the economy. The punchline: the smartest people in the room are telling you they cannot see the road. Economists do not usually panic in public. This week, more than 200 of them did it together. On Monday a group of […]

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Monzo founder Tom Blomfield joins Anthropic’s compute team

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 valuable companies in AI. Tom Blomfield co-founded the digital bank Monzo […]

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France thinks cheap power is its AI edge. Now it must decide who plugs in

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 Europe’s biggest AI lab arrived at last month’s G7 working lunch on artificial […]

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Cursor is building a Claude Cowork rival, and Musk may decide its fate

The race to automate the office just gained a third runner. Cursor is building Sand, a general-purpose agent to rival Claude Cowork. Whether it ever ships may come down to Elon Musk. Cursor made its name as a tool for people who write code. Now it is building one for people who do not. According […]

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