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Larry Ellison has cancelled a trading plan that would have let him sell up to 50 million Oracle shares by 24 October, a day after the plan was disclosed and with no stock sold under it. The instrument is a Rule 10b5-1 plan, an American safe harbour with no European counterpart, because EU market abuse […]
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The US transportation secretary has told Ford to cut ties with CATL and Geely, objecting among other things to the joint venture the carmaker is building with Geely at its plant in Valencia. The European Parliament is tightening a law that would require exactly that arrangement, forcing Chinese investors in strategic sectors into EU joint […]
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The US transport secretary told Ford to cut its Chinese ties, including one in Valencia Read More »
Dario Amodei has called on the AI industry to slow the pace at which it improves models, committing Anthropic to embedded third-party evaluators and asking Washington for an antitrust waiver so competitors can coordinate on safety. Much of what he describes has been binding on general-purpose models with systemic risk in the EU since August […]
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Anthropic’s Dario Amodei says the AI industry must slow down Read More »
Oracle has raised the cost of its 2026 restructuring by $700M to about $2.8B, covering actions it says it expects to take, and disclosed a plan letting Larry Ellison sell 50 million shares by 24 October. Roughly 92,000 of its 141,000 staff work outside the US, and in the EU collective redundancies require consultation, written […]
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Oracle has set aside $700M more for job cuts it has not made yet Read More »
China’s AI industry is moving from competing on models to deploying agents, and the China Telecom Research Institute expects inference to reach 80% of the country’s compute market by 2029. Europe’s answer is seven gigafactories whose bids close in November and whose machines are due to run by mid-2028, on a EUR 30bn budget of […]
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China’s AI industry is moving from models to agents, a state report says Read More »
Li Auto will show the Li 6 at next month’s Paris Motor Show and start selling in Europe in the fourth quarter, six years earlier than its founder said it would. It is bringing only its battery models, because the EU’s duty on Chinese electric cars explicitly covers extended-range vehicles, the type that make up […]
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Li Auto will launch in Europe this quarter, six years earlier than it said it would Read More »
A US congressman has asked federal regulators what they intend to do about Tesla drivers who sleep while Full Self-Driving is switched on, demanding answers from the transportation secretary by 30 September. Raja Krishnamoorthi, who represents an Illinois district, wants to know whether Tesla’s cabin camera still works when a driver wears sunglasses or covers […]
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Lawmaker demands federal action after 43 Tesla drivers were filmed asleep at the wheel Read More »
China exported more than 6.2 million passenger cars in the first eight months of this year, beating its full-year total for 2025 with four months to spare, while domestic sales fell 25.6% in August. Europe absorbed much of the growth through plug-in hybrids, which the EU’s tariff on Chinese cars does not cover, and BYD’s […]
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China’s car exports beat last year’s record with four months to go Read More »
Pony.ai and Verne have started fully driverless passenger rides in Zagreb, the first anywhere in Europe, with nobody in the driver’s seat and Uber taking the bookings. The pair want more than 2,000 robotaxis on European roads, but the only EU-wide approval route for a fully automated car is capped at 1,500 units a year […]
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Europe’s first truly driverless robotaxi is running in Croatia, on Chinese software Read More »
Five ElevenLabs services are listed on the software lot of G-Cloud 15, the UK government’s cloud buying framework, according to the Digital Marketplace. They cover conversational agents, transcription, dubbing and text-to-speech. Three months ago the same government signed an agreement with the company that committed it to buying nothing. TNW reported in June that the […]
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ElevenLabs lists five services on the UK government’s GBP 14B cloud framework Read More »