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Every frontier AI model the UK tested for cheating cheated

The UK’s AI safety watchdog put five frontier models through a set of security tests to see whether they would cut corners. Every one of them cheated. Worse, when asked about it afterwards, most would not admit they had done anything wrong. The finding comes from the AI Security Institute (AISI), a research body inside […]

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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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Microsoft to fund Mistral’s European AI expansion in multibillion-dollar deal

Microsoft has agreed to bankroll a large slice of Mistral AI’s European build-out, extending a partnership that already binds the Paris lab to the American giant’s cloud. The two companies announced the expanded agreement on Tuesday, describing it as a multibillion-dollar commitment to compute infrastructure across the continent. What is clearer is the shape of […]

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France moves a step closer to banning under-15s from social media

A cross-party committee in France’s Parliament approved a compromise bill on Monday that would bar children under 15 from social media, pushing one of Europe’s most far-reaching online-safety measures towards a final vote before lawmakers break for summer. The text now returns to both chambers this week, echoing Australia’s under-16 ban and a broader European drift towards keeping […]

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EVs outsold petrol and diesel in Germany for the first time. The birthplace of the car just changed its fuel.

Electric cars outsold every other fuel type in Germany for the first time in June. The country’s Federal Motor Transport Authority recorded 84,057 new EV registrations, a 78.2% year-on-year increase, putting battery-electric vehicles at 28.4% market share. Traditional hybrids came second with 83,315 registrations (28.1%), followed by petrol at 60,796 (20.5%), diesel at 33,862 (11.4%), […]

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A $400M nonprofit backed by France and DeepMind is building AI’s ‘public option’

A farmer in rural India photographs a dying plant and wants to look it up. She does not speak English, and today’s AI barely speaks hers. A nonprofit called Current AI thinks that is a problem worth fixing. Its goal is grand: a “public option” for AI, open and free to anyone, much like the […]

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The European Parliament is building its own AI to stop MEPs pasting draft laws into ChatGPT

The European Parliament has a problem with AI, and its answer is more AI. Lawmakers keep using public chatbots to help write legislation. So the institution is building a sanctioned platform to bring that habit under control. The internal tool, called EPGenAI Hub, will give MEPs and staff access to models from Meta, OpenAI, Anthropic […]

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A British AI lab signed up Nvidia, Meta and Samsung to invent materials that don’t exist yet

A two-year-old British AI lab wants to build the search engine for materials that do not exist yet. On Monday it gathered an unusual crowd to help. Cambridge-based CuspAI launched the AI Materials Foundry, a coalition of more than 45 companies and research labs, Reuters reported. The founding partners include Nvidia, Meta, Samsung, Hyundai Motor […]

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The EU just fined AliExpress €550M, its biggest DSA penalty yet

Alibaba’s AliExpress has been hit with a €550 million ($629 million) fine from the European Union. Brussels says the Chinese shopping platform failed to keep illegal, unsafe and counterfeit products off its site. The penalty, announced on Monday, is the biggest yet under the EU’s Digital Services Act (DSA). That law forces very large platforms […]

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Spanish satellite startup Sateliot wants €150 million to beam 5G directly to smartphones from orbit

Sateliot, a Barcelona-based satellite startup, is seeking to raise up to €150 million ($172 million), a 50% increase from the €100 million round it announced in April. The company operates a network of low-Earth orbit satellites and plans to use the funding to deploy 16 more over the next year. By early 2028, it expects […]

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