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Tesla sets 1 October for the next-generation Roadster reveal

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Tesla says it will reveal the next-generation Roadster on 1 October, the first firm date since it showed the car as a concept in 2017 and promised production for 2020. European reservations cost EUR 43,000 paid within ten days, no customer anywhere has taken delivery, and the reveal lands while Tesla’s European registrations are falling […]

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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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The US transport secretary told Ford to cut its Chinese ties, including one in Valencia

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The US transportation secretary has told Ford to cut ties with CATL and Geely, objecting among other things to the joint venture the carmaker is building with Geely at its plant in Valencia. The European Parliament is tightening a law that would require exactly that arrangement, forcing Chinese investors in strategic sectors into EU joint […]

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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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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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Li Auto will launch in Europe this quarter, six years earlier than it said it would

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Li Auto will show the Li 6 at next month’s Paris Motor Show and start selling in Europe in the fourth quarter, six years earlier than its founder said it would. It is bringing only its battery models, because the EU’s duty on Chinese electric cars explicitly covers extended-range vehicles, the type that make up […]

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