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Xi pitches open-source AI to BRICS as Beijing weighs curbs on its own models

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Xi Jinping used the BRICS summit to propose a China-led community for open-source AI and to invite members into the World AI Cooperation Organization, a Beijing-founded body of 29 countries with no EU state among them. Europe drew its line in the AI Act, which exempts genuinely open models but not those carrying systemic risk, […]

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China’s data regulator plans standards for embodied AI, ten days after industry asked

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China’s National Data Administration said it will develop standards for embodied AI data and guide local authorities on the work, ten days after seven companies asked it for exactly that. Europe regulates who may reach the data a machine generates but has no programme producing it, and the data labs promised in its Data Union […]

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Sam Altman backs Dario Amodei’s call to slow down, and says OpenAI will do the same

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OpenAI has said it will match Anthropic’s safety commitment, a day after Dario Amodei asked the industry to slow down. “I agree with Dario that we need to pace the frontier,” Sam Altman wrote, as Axios reported. He called independent evaluators with employee-like access a great idea, said OpenAI would do the same, and promised […]

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Larry Ellison has cancelled his plan to sell $7.5bn of Oracle stock, a day after it surfaced

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Larry Ellison has cancelled a trading plan that would have let him sell up to 50 million Oracle shares by 24 October, a day after the plan was disclosed and with no stock sold under it. The instrument is a Rule 10b5-1 plan, an American safe harbour with no European counterpart, because EU market abuse […]

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Larry Ellison steps back from the Oracle spotlight as the AI pivot takes over

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Larry Ellison has been absent from Oracle’s earnings calls this year and is not on the billing for next month’s user conference, a year after the company promoted Clay Magouyrk and Mike Sicilia to co-chief executives. Magouyrk built the cloud business whose European proposition is a sovereign region operated by EU legal entities, a product […]

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Anthropic’s Dario Amodei says the AI industry must slow down

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Dario Amodei has called on the AI industry to slow the pace at which it improves models, committing Anthropic to embedded third-party evaluators and asking Washington for an antitrust waiver so competitors can coordinate on safety. Much of what he describes has been binding on general-purpose models with systemic risk in the EU since August […]

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Oracle has set aside $700M more for job cuts it has not made yet

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Oracle has raised the cost of its 2026 restructuring by $700M to about $2.8B, covering actions it says it expects to take, and disclosed a plan letting Larry Ellison sell 50 million shares by 24 October. Roughly 92,000 of its 141,000 staff work outside the US, and in the EU collective redundancies require consultation, written […]

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China’s AI industry is moving from models to agents, a state report says

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China’s AI industry is moving from competing on models to deploying agents, and the China Telecom Research Institute expects inference to reach 80% of the country’s compute market by 2029. Europe’s answer is seven gigafactories whose bids close in November and whose machines are due to run by mid-2028, on a EUR 30bn budget of […]

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Nvidia may put $10bn into Anthropic’s IPO, more than Europe’s largest AI round in full

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Nvidia is in talks to invest up to $10bn in Anthropic’s initial public offering, which seeks as much as $100bn at a valuation near $2trn and would be the largest listing in history. Three days earlier it returned as an investor in Mistral’s EUR 3bn round, the largest ever raised by a European technology company […]

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Amazon Quick is now available on desktop, with a new mobile activity feed

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Amazon has made its Quick desktop assistant generally available on macOS and Windows, pitching it to enterprise IT as the governed alternative to shadow AI. Quick runs in ordinary European AWS regions with inference kept inside Europe, but it is not on the published service list for the sovereign cloud AWS opened in Brandenburg in […]

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