Government and policy

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Valarian raised $50m to help governments use US cloud without losing control of it

A London startup co-founded by a former Palantir executive has raised $50m to help governments and companies use American cloud and AI without letting America reach inside. The fear driving it stopped being hypothetical this year. Valarian, a London-based sovereignty startup, has raised a $50m (£37m) Series A led by the US venture fund NEA, […]

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The EU has stopped sanctioning Russian hackers and started sanctioning the machine that makes them

The European Union and the United Kingdom have jointly sanctioned Russia’s cyber apparatus for the first time. The EU listed nine individuals and four entities, while the UK went further with 24, Politico reports. The language is what matters here. The EU’s High Representative Kaja Kallas denounced not a group but an ecosystem, spanning intelligence services, […]

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Meta’s Hyperion data centre hit $50bn, and split a Louisiana town in two

Meta’s Hyperion data centre in rural Louisiana has ballooned from $10bn to more than $50bn in under two years. In a parish of 20,000 people, it has made some locals a fortune and priced others out of their homes. Meta just made its biggest AI bet bigger. On Monday the company said its Hyperion data […]

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200 economists just admitted they can’t see where AI is taking the economy

Two hundred economists, sixteen of them Nobel laureates, have signed a statement on AI and the economy. The punchline: the smartest people in the room are telling you they cannot see the road. Economists do not usually panic in public. This week, more than 200 of them did it together. On Monday a group of […]

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Decoupling from China would cost the West $23.6tn

Cutting the West’s reliance on China would carry a staggering price. A new study puts the cost of decoupling from China at $23.6tn over 25 years, and warns the bill would land hardest on the industries building Europe’s tech future. The West has spent three years talking about reducing its dependence on China. A new […]

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France thinks cheap power is its AI edge. Now it must decide who plugs in

France believes its cheap, low-carbon electricity is Europe’s overlooked advantage in AI. A debate has now opened over that power. Should it go to homegrown AI firms, or to the American giants building data centres on French soil? When the head of Europe’s biggest AI lab arrived at last month’s G7 working lunch on artificial […]

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Australia’s AI copyright fight now has a datacentre price tag

The fight over Australia AI copyright has a price tag: tens of billions in datacentres. The prize for AI firms is the right to train on the country’s books, music and journalism. Australia has become the latest test of a question every government now faces. How much of a nation’s creative work can AI companies […]

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EU to propose limits on children’s social media access, Ursula von der Leyen says

The European Union will propose limits on children’s access to social media, Commission president Ursula von der Leyen said on Monday, hours after an expert panel she convened delivered its recommendations on how the bloc should shield minors from harmful content. She has been building towards this since May, when she first told MEPs a […]

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Zhipu’s founder says frontier AI should stay open to everyone. His own government may disagree.

The founder of China’s most prominent AI lab has made an unambiguous case for openness. Frontier AI should stay broadly accessible rather than controlled by a select few, Zhipu’s Tang Jie wrote in an internal memo reviewed by Bloomberg. His argument inverts the usual security logic. Real safety comes from broad participation, sharing, and oversight, he […]

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Most Americans now say the public should own half of the big AI companies

An idea that sounded radical a year ago is now a majority position. Nearly seven in ten Americans support forcing AI companies to transfer half their stock to a public sovereign wealth fund, CNBC reports. The figure comes from a Verasight survey of 1,690 US adults, conducted in June. It found 69% backing for the policy. […]

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