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The company that wires AI data centres is raising prices because hyperscalers have no alternative

Fujikura, the Tokyo-based fibre-optic cable manufacturer, is raising prices on the cables that connect servers inside AI data centres. CEO Naoki Okada told Bloomberg the company is on track to beat its own forecast thanks to sustained demand from nearly every major US hyperscaler. “We supply a valuable product,” Okada said. “We will raise prices a […]

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A Florida startup is building a thorium fuel supply chain from scratch, starting with an Australian mine

Ampera, a Florida-based nuclear energy startup, announced on Monday that it has established an Australian subsidiary to secure thorium supply for its advanced reactor programme. The company formed Ampera Australia Pty Ltd in February 2026 to procure and import thorium to the United States. The move is part of a strategy to vertically integrate the […]

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Cipher Digital raises $810 million in junk bonds to build another Amazon data centre in Texas

Cipher Digital is raising $810 million from a junk-bond sale to finance a data centre in West Texas that Amazon will lease for 15 years, according to Bloomberg. The deal, pitched at a yield of about 6.25 per cent, will fund the remaining construction costs of Cipher’s Stingray Facility, a 100-megawatt computing campus in Andrews […]

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Pentagon adds Alibaba, Baidu, BYD, and Unitree to its Chinese military companies list

The Pentagon has added Alibaba, Baidu, BYD, and robotics company Unitree to a list of entities it says support the Chinese military, the Department of Defense announced on Monday. The updated 1260H list now names 188 companies that the Pentagon identifies as operating in the United States and contributing to China’s military-civil fusion strategy. The […]

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China just approved the world’s first commercial brain implant. The race with Neuralink is no longer theoretical.

Controlling a machine with your mind used to be science fiction. Now it is a regulated medical product, at least in China. Earlier this year, China’s National Medical Products Administration approved NEO, a coin-sized brain-computer interface developed by Shanghai-based NeuraMatrix and Tsinghua University researchers, for commercial use in patients with spinal cord injuries. It is the […]

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FCC gives Amazon Leo more time on satellite deployment but strips its spectrum priority

The Federal Communications Commission has freed Amazon from a requirement to deploy the first 1,616 satellites in its Amazon Leo broadband constellation by 30 July, issuing a conditional waiver instead of the two-year extension Amazon requested in January. The compromise keeps the final deadline intact: all 3,232 planned Gen 1 satellites must still be in […]

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Britain’s Cosine rallies BT, HSBC, and BAE to build a “sovereign” AI model and cut its reliance on US tech

Britain’s banks, telecoms, and weapons-makers have a new shared anxiety: that the AI they increasingly run on is built, owned, and controlled in the United States. A startup barely three years old is betting they will pay to fix it. Cosine, a UK frontier-AI lab, has assembled a coalition of blue-chip British institutions to co-design […]

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A UK startup says it can cut data centre network power by 81% by replacing every electrical switch with light

For decades, the networks inside data centres have run on electrical switches. They are power-hungry, generate enormous heat, and are increasingly the bottleneck that limits how fast AI systems can process and exchange data. Oriole Networks, a UK startup, says it has a fix: replace every electrical switch in the core network with nanosecond-scale optical […]

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PhysicsX hits $2.4bn valuation as Temasek leads $300m round for the AI startup that cuts simulation times from days to seconds

London-based PhysicsX has raised $300 million in a Series C round led by Singaporean sovereign wealth fund Temasek, more than doubling its valuation to $2.4 billion, less than a year after its Series B priced the company at just under $1 billion. The round was oversubscribed. Alongside Temasek, which first invested in PhysicsX during its […]

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UK plans to buy AI chips from British firms to stop them leaving for the US

The UK government will offer to buy AI chips directly from British technology companies in a bid to keep them in the country. Technology Secretary Liz Kendall will outline plans for “strategic purchases” of semiconductor equipment from UK-based firms at London Tech Week this week, the Telegraph reported. The initiative includes access to taxpayer-backed funding […]

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