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Tesla’s Full Self-Driving software is creeping into Europe Read More »
A Scaleway-led AION consortium, with backing from Iliad, GENCI, Inria, Eviden, SiPearl, Hugging Face, and Mistral-adjacent partners, is positioning France as a single-country bidder against multi-state proposals from Spain, Germany, and the Netherlands. A consortium of French companies led by Iliad’s cloud subsidiary Scaleway has bid roughly $10bn to build one of the European Union’s […]
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French companies bid $10bn for one of the EU’s five planned AI gigafactory sites Read More »
Pope Leo XIV used a historic visit to Europe’s largest university to denounce the growing role of artificial intelligence in warfare, warning that investments in AI-directed weaponry are driving the world toward what he called a “spiral of annihilation.” Speaking at Rome’s La Sapienza University on Wednesday, the pontiff called for tighter monitoring of […]
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Digital transformation minister Óscar López says ‘the profit of four tech companies cannot come at the expense of the rights of millions’ as Madrid’s regulatory package moves through parliament. Spain’s digital transformation minister, Óscar López, said on Wednesday that Madrid would press ahead with a slate of rules targeting social media platforms and high-risk artificial […]
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Spain holds the line on social media and AI rules as US tech lobbying intensifies Read More »
Europe’s external dependency exposes more than its AI sovereignty. It also affects its data sovereignty and creates political exposure. In a previous article, we discussed how Europe is heavily dependent on external providers for AI development, particularly through GPUaaS and the semiconductor industry. US companies such as Nvidia and AMD provide the GPU chips powering […]
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Europe’s cloud dependency is a political risk, not just a technical one Read More »
The Grand Chamber of the CJEU heard ByteDance’s appeal in Case C-627/24 P on Tuesday, the first DMA gatekeeper challenge to reach the bloc’s highest court. ByteDance’s TikTok went before the Grand Chamber of the Court of Justice of the European Union on Tuesday in a last attempt to escape its designation as a “gatekeeper” […]
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TikTok asks Europe’s top court to scrap its gatekeeper status Read More »
Tomoro was created in 2023 in alliance with OpenAI. The Edinburgh and London-based firm built AI concierges for Virgin Atlantic, in-game support agents for Supercell, and deployment systems for Fidelity International, Tesco, Red Bull, Mattel, and the NBA. It grew monthly revenue tenfold in 12 months. It pledged 10 million pounds to Scottish AI […]
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The European Commission president said an EU age-verification app is technically complete and that bloc-level rules on minimum social-media ages are next. France, Spain, and several others are already moving alone. European Commission President Ursula von der Leyen on Tuesday set out the EU’s plan to extend protections for children online, telling MEPs the bloc’s […]
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Ursula Von der Leyen pushes EU-wide social-media age protections for children Read More »
New AutoMotive’s data tracker, reported by Reuters on Sunday, marks the threshold and puts the question to industrial policy: how much of the headline number will end up producing cells at scale, given that roughly 600 GWh of announced European battery capacity has already been delayed or cancelled. Europe has now invested cumulatively €200bn into […]
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Europe’s cumulative EV investment passes €200bn Read More »
BNP Paribas, Deutsche Bank and JPMorgan have the mandate. Maturities run from three years to 25 years. The trade follows Alphabet’s record Swiss issuance in February and Amazon’s $37bn dollar deal in March, and is the latest demonstration that hyperscalers are now multi-currency borrowers. Amazon is preparing its first-ever Swiss franc bond issuance, Bloomberg reported […]
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Amazon prepares its first Swiss franc bond in six-part AI-capex push Read More »