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Poland produced one of the world’s most valuable AI companies almost by accident. Now it is spending public money to make sure the next one stays closer to home. Vinci, the venture arm of Poland’s state development bank BGK, has taken an $11mn stake in ElevenLabs, the AI-voice firm valued at $11bn. The same day, […]
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Poland bought a stake in ElevenLabs to grow its next AI champion Read More »
The US government has just become a shareholder in an AI startup, in exchange for a bet that artificial intelligence can break China’s hold on the materials inside every chip factory. The Department of Commerce has awarded SandboxAQ $500mn under the CHIPS Act to develop new chemicals and metals for domestic semiconductor manufacturing, Reuters reported. […]
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The US is paying an AI startup $500M to break China’s grip on chip materials Read More »
When an AI agent does something on your behalf today, it usually has to become you. It logs in as you, with your access to everything. Estonia wants to end that. The country plans to issue personal identification numbers to AI assistants, the first nation to do so, prime minister Kristen Michal said. The idea […]
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Estonia wants to give every AI agent its own ID number Read More »
The Pentagon says Grok helped strike 2,000 targets in 96 hours, and that the polluting power plant behind it is a matter of paramount national security. The two claims belong in the same sentence, and that is the problem. The admission did not come in a press release or a Pentagon briefing, it came in […]
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Grok helped strike 2,000 targets at Iran. Now its pollution is ‘national security’. Read More »
Amazon’s advertising business has become its quiet money machine. It may also be its next big regulatory headache. The US Federal Trade Commission has drafted a potential complaint accusing Amazon of misleading advertisers, a case that could lead to billions of dollars in civil penalties, Bloomberg reported on 16 June, citing people familiar with the […]
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Amazon could face billions in fines as the FTC eyes its ad business Read More »
Helion has become the first company in the world licensed to operate a fusion power plant. On 16 June, the Washington-based firm said it had received two licences from the state’s Department of Health, clearing a regulatory bar no fusion company has reached before. It is a real milestone. It is also a regulatory one, […]
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Helion just got the world’s first licences to run a fusion power plant Read More »
On Wednesday, Arthur Mensch took his seat at a G7 working lunch in Evian alongside Sam Altman, Demis Hassabis, and Dario Amodei. Days earlier, the US government had ordered Amodei’s company to cut foreign nationals off from its most capable models, and Anthropic had pulled them worldwide. For the one European founder at the table, […]
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The exemption is narrower than the announcement makes it sound. On Tuesday the US Federal Communications Commission said it would again allow new models of Chinese toy drones to be imported, six months after it barred new foreign-made drones outright. The relief is real, but it has been defined so tightly that the word ‘toy’ […]
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The FCC reopens the door to Chinese toy drones, but only the tiniest ones Read More »
The decision had, in effect, already been made. According to people familiar with the matter, reports Reuters, a US interagency committee approved adding the Chinese AI startup DeepSeek, the memory-chip maker CXMT and more than 100 other companies flagged as national-security risks to the Commerce Department’s Entity List last year. What has not happened, and […]
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US holds off blacklisting DeepSeek and 100-plus Chinese firms Read More »
The US Army has commissioned three more technology executives into Detachment 201, the reserve unit that gives Silicon Valley leaders the rank of lieutenant colonel and a direct advisory line to senior military officials. Dane Knecht, chief technology officer of Cloudflare, Sam Pullara, CTO and managing director of Sutter Hill Ventures, and Serkan Piantino, a […]
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