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The UK just collected billions in AI pledges on day one of London Tech Week

London Tech Week opened the way these events increasingly do: with a leaderboard of investment pledges. By the end of the first morning, the UK had collected several billion pounds in AI commitments, most of it aimed at the unglamorous machinery of compute. Prime Minister Keir Starmer kicked off the keynotes with a new national […]

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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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The US wants NATO allies to spend their new defence budgets ripping out Huawei

The US has found a new use for Europe’s swelling defence budgets: tearing out Huawei. Whether its allies are listening is another matter. The State Department’s China coordinator, Joshua Young, told officials in Brussels last month that NATO members should use defence-related funding, the spending that counts towards the alliance’s targets, to rip out Huawei […]

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The lawsuits that could give AI its Big Tobacco moment are already here

In the 1990s, almost every US state sued the tobacco industry. The resulting settlements cost hundreds of billions of dollars and transformed how cigarettes were marketed, sold, and regulated. Senator Ed Markey said in March that Big Tech’s Big Tobacco moment has arrived. He was talking about social media. But the legal machinery he described is […]

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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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Trump signs memo putting ‘most advanced AI’ into military hands and banning vendors from pulling the plug

President Trump signed a national security presidential memorandum on Friday ordering the US military and intelligence agencies to accelerate their adoption of cutting-edge AI. The directive, NSPM-11, establishes a framework for “rapid onboarding of the most advanced AI models from multiple vendors.” It also bars any company from disabling, degrading, or modifying an AI system […]

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Trump’s top AI adviser Sriram Krishnan is stepping down from the White House

Sriram Krishnan, the White House’s senior policy adviser on artificial intelligence, is stepping down. The former Andreessen Horowitz partner was tapped by President Donald Trump to help shape the administration’s AI strategy during his second term. He will leave at the end of June, according to the Washington Post. Krishnan played a central role in […]

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Bank of England governor warns AI may need to be rationed because of energy limits

Bank of England Governor Andrew Bailey warned on Friday that artificial intelligence may need to be rationed because the power supply cannot keep up with its capabilities. He said companies and governments face “very big social choices” as energy constraints force trade-offs between sectors. The question is not whether AI can do more, but whether […]

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EU trade chief wants a new tool to break Europe’s dependence on Chinese chips and rare earths

EU trade commissioner Maroš Šefčovič has called for a new “diversification instrument“ to reduce Europe’s dependence on single suppliers of chips and rare earths. He made the proposal at the European Policy Center’s Brussels Economic Security Forum on Friday. The tool would force companies in sensitive sectors to source from at least three different suppliers. […]

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Trump wants the American public to own a piece of OpenAI. Nobody knows how that would work.

President Donald Trump said on Thursday that he will likely meet with AI companies at the White House next week to discuss what he called a federal government “partnership” that would let the American public profit from the industry’s success. “There are concepts where pieces could be given to the American public, where the American […]

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