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Getlink warns unstable EU software could delay Channel Tunnel biometric borders

Yann Leriche, chief executive of Getlink, has a blunt diagnosis for why Europe’s new biometric border regime is still not running end to end at the Channel Tunnel. The problem, he says, is not the terminals, the staff, or the queues, it is the code. Getlink, which operates the Eurotunnel shuttle carrying cars and lorries […]

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Nokia Q2 profit climbs 18% as AI data-centre demand doubles cloud sales

Nokia reported comparable operating profit of €434mn for the second quarter of 2026, up 18% on the same period last year and comfortably ahead of the €382mn that analysts polled by LSEG had forecast. Net sales rose 8% to €4.82bn, or 9% at constant currency, lifted by the companies racing to build AI data centres. […]

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Most Americans don’t want an AI data centre next door. Virginia shows why some say yes

Americans want the AI boom. They just do not want it on their street. A new poll finds most US residents would rather not live near an AI data centre. Yet the same buildings quietly bankroll schools where they cluster. More than half of US residents, 53%, oppose building an AI data centre in their […]

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OpenAI adds two banking CEOs to its board as an IPO looms

The ChatGPT maker has put two banking chiefs on both its nonprofit and for-profit boards: Nubank’s David Vélez and BNY’s Robin Vince. It is the kind of Wall Street ballast a company assembles when it is getting ready to face public investors. OpenAI is not a public company yet. Its latest board picks suggest it […]

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AI firms are buying up old books because they are the last slop-free data left

The pitch from data broker ISBNdb is blunt: the world’s best AI training data is sitting on a shelf. The catch is that getting at it means slicing the spine off millions of books, then never admitting which lab paid for the job. AI has a pollution problem of its own making. So much of […]

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OpenAI and Anthropic now out-lobby Nvidia in Washington

The AI industry is buying a bigger seat at the table. OpenAI and Anthropic set records for federal lobbying in the second quarter of 2026, CNBC reported. Together they spent $3.17 million, up 23% from the first quarter. Startups outspending giants The individual numbers are the striking part. Anthropic spent $1.97 million, up 26% in […]

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Oracle says one AI data centre could cost it a $7bn power guarantee

Oracle is building a huge AI data centre in Port Washington, Wisconsin, with Vantage and OpenAI. The nearly one-gigawatt Lighthouse Campus is a roughly $15 billion project. To get the electricity to run it, though, Oracle first has to satisfy the local regulator, and that is proving expensive. In a sworn affidavit, Oracle says the […]

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A 25-year-old just raised $180M to build a US bank from scratch

Augustus has raised $180 million at a $1 billion valuation. Tiger Global led the round, the company announced on Tuesday. Hummingbird, QED, and the founders of Nubank, Ramp, Circle and Deel joined in. The startup has now raised $210 million in total. A bank, built from scratch Augustus wants to be what it calls the […]

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Moonshot is chasing a $50bn valuation, and it wants two funding rounds to get there

China’s Moonshot AI is raising money at a pace that would make most startups dizzy. The lab should close a round that values it at $31.5 billion in the coming days, Bloomberg reported. It then plans to open another almost immediately, targeting a valuation of as much as $50 billion. Two rounds, one summer The […]

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