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Ineffable Intelligence names six cofounders, Fortune reports

Ineffable Intelligence has handed the title of cofounder to six people who did not found it. Four come from Google DeepMind, one from InstaDeep, and one from the Seattle venture firm that wrote the company’s first cheque. The London startup is ten months old, has no product, and carries a $5 billion valuation. Jeremy Kahn […]

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Europe’s top carriers in talks to take on Starlink, Bloomberg reports

Deutsche Telekom, Orange, Vodafone and Telefónica are in early talks to form a consortium that would bid for European satellite spectrum and offer calls, texts and data to ordinary phones from orbit, Bloomberg reported on Monday. The service would compete with Starlink on its home continent. Paula Doenecke, Gian Volpicelli and Clara Hernanz Lizarraga cited […]

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Belgian chip researcher held since May over secrets allegedly sent to China

Belgian prosecutors have held a 52-year-old man in pre-trial detention since 10 May on suspicion of passing chip-making secrets to China. He holds Belgian and Chinese nationality. Police arrested him at Brussels Airport as he was about to board a flight to Beijing, the Federal Prosecutor’s Office said in a statement on Monday. That is […]

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Jensen Huang says AGI has arrived, and 400,000 more GPUs are coming

Jensen Huang said it in four words. “AGI has arrived,” the Nvidia chief executive wrote on X late on Sunday, congratulating OpenAI on GPT-6 Astra. By Monday morning the post had passed 10 million views. The rest of the post is the part worth reading. Huang wrote that OpenAI trained Astra on more than 100,000 […]

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Dubai is training 14,000 companies to run AI agents, on a two-year clock

Dubai Chambers is putting more than 14,000 companies through training in agentic AI, the kind of software that carries out tasks on its own rather than answering questions. The body launched the courses on 1 September in front of 90 chairpersons of its business groups and councils. It sent the announcement out on the international […]

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Cognizant put $4.5tn on AI job exposure, then hired 1,500 graduates

Cognizant announced on Monday that it will hire 1,500 American college graduates this year and build a new job family for the AI era. The company’s own research says AI could take on $4.5tn worth of work Americans currently get paid to do. Both numbers come from the same firm, on the same day. Reading […]

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Jaguar Land Rover cuts 4,000 jobs and resets break-even to 300,000 cars

The number that matters in Monday’s Jaguar Land Rover announcement is not 4,000. It is 300,000. That is the annual sales volume at which the company now intends to break even. Its brands have historically sold well over 400,000 vehicles a year. Just Auto made that comparison in its report on the statement. JLR is […]

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Cato raises €6m to sell AI into Italy’s €309.7bn tender market

The investment case for Cato is unusual. Most software sells on the promise of making a hard thing easy. Cato’s backers are betting that a hard thing stays hard. The Milan startup has raised €6m in seed funding to sell AI to companies bidding for Italian public tenders. Keen Venture Partners, the Amsterdam and London […]

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NEURA and SECO will build robot compute modules in Europe

A German company designs the robot. An Italian company builds the board that goes inside it. An American company designs the chip that goes on the board. That is the European Physical AI stack as it actually exists. On Monday, two thirds of it signed a partnership. NEURA Robotics and SECO said in a joint […]

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Audi built an efficient EV in Germany. It is 12cm too long for the rules meant to help

Audi has revealed the A2 e-tron, its cheapest electric car, built in Ingolstadt and priced from EUR 38,200 with up to 646km of WLTP range. At 4.32 metres it is 12 centimetres too long for M1E, the small-car category the Commission proposed in December to make affordable European EVs viable. Audi has revealed the A2 […]

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