Artificial Intelligence

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Lovable CEO says Europe’s AI startups have a confidence problem, not a talent problem

Lovable CEO Anton Osika says European AI startups do not have a talent shortage, they have a confidence deficit. In a post on X over the weekend, Osika argued that founders were repeatedly told to move to San Francisco if they wanted to build a serious AI company, but that the real barrier was never […]

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Google invests $75 million in A24 as DeepMind launches AI filmmaking research partnership

Google is investing roughly $75 million in A24, the independent studio behind recent hits including Backrooms and Obsession, as part of a new AI research partnership between the studio and Google DeepMind. The deal, first reported by the Wall Street Journal, marks Google’s first equity stake in a film studio. The partnership gives A24 filmmakers […]

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The AI memory crisis just hit DDR2, a standard from 2003, with 60% price hikes

The AI-driven memory shortage has now reached the oldest DRAM standard still in production. DDR2 contract prices rose 55 to 60 percent in the second quarter of 2026, according to Taiwanese market intelligence firm TrendForce, with a further 35 to 40 percent increase forecast for the third quarter. The price surge is being driven by […]

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OpenAI’s suspiciously clean balance sheet is about to get a hard look

OpenAI’s books show zero debt and just $46mn of quarterly capital spending. The catch, reported by The Information: around $665bn of commitments sitting just off the balance sheet, now heading for regulators’ desks. On paper, OpenAI looks like a lean software business. The reality is far heavier. As at 31 March, the ChatGPT maker had […]

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SpaceX taps the bond market for the first time to fund AI

Fresh from a record IPO that helped make Elon Musk a trillionaire, SpaceX is raising at least $20bn in its debut bond sale to bankroll a vast AI build-out. SpaceX is about to do something none of Elon Musk’s companies has done before. It is borrowing money from public bond investors. On Monday the rocket […]

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Meta buys a fifth of Cred, and a new WhatsApp boss

Meta is paying $900mn for a fifth of Cred, an Indian fintech. The bigger prize is its founder, Kunal Shah, who will now run WhatsApp. Meta has found its next WhatsApp boss the way it now likes to find people: by writing a cheque. On Monday, the company said it would invest $900mn in Cred. […]

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JD.com says robots will replace its 700,000 couriers

JD.com robots will eventually replace the company’s 700,000 couriers, its founder says. It is a rare admission that automation is coming for blue-collar jobs. Most tech bosses hedge when asked whether machines will take people’s jobs. Richard Liu just said it plainly. He chairs JD.com, one of China’s biggest e-commerce groups. At the APEC China […]

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Microsoft’s Nadella turns on the AI giants he helped build

In a blunt interview, Satya Nadella warned that the AI giants cannot keep promising mass job losses while demanding the power to build whatever they want. Microsoft’s answer: cheaper models, more control for customers, and a pitch for the public’s trust. Satya Nadella helped start the AI boom. Now he has a warning for the […]

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Microsoft turns to Chevron’s gas to power a Texas data centre

The Chevron Microsoft gas deal hands the oil major a 20-year contract to power a giant West Texas data centre. For a company that built its AI plans on renewables and nuclear, that is a sharp turn. Chevron will power one of the largest data centres in the United States by burning natural gas. The […]

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Indonesia turns to AI to deliver Prabowo’s biggest promises

The most expensive promise Prabowo Subianto made on his way to Indonesia’s presidency was lunch. His free-meals programme, budgeted at roughly $15bn to feed some 83 million children and pregnant women across an archipelago of thousands of islands, is the kind of undertaking that lives or dies on logistics. Now Jakarta wants to point artificial […]

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