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US utilities plan to spend $1.4 trillion by 2030 to power the AI boom

A report analysing capital spending plans from 51 investor-owned utilities finds the $1.4 trillion figure is double what was invested in the prior decade. More than 30 utilities cited data centres as a top growth driver. Average residential electricity prices are already projected to rise 5.1% this year. US investor-owned utility companies are planning to […]

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Anthropic, OpenAI, and the Pentagon: a cautionary tale for democratic AI governance

On the afternoon of 27 February 2026, Pete Hegseth picked up his phone and posted to X. The US Secretary of Defense had just designated Anthropic, a San Francisco AI company, a “supply chain risk to national security.” The label, under 10 USC 3252, had previously been applied to Huawei and ZTE, Chinese firms accused […]

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Stanford’s annual AI report finds a widening gap between AI insiders and everyone else

The 2026 AI Index from Stanford’s Institute for Human-Centered AI documents a deepening disconnect between expert optimism and public anxiety. Gen Z anger about AI is rising fast. Employment in AI-exposed fields among younger workers is already declining. And the US has the lowest trust in its government to regulate AI of any country surveyed. […]

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OpenAI’s $852 billion valuation is under scrutiny from its own investors as the company pivots to enterprise

Some backers say OpenAI has revised its product roadmap twice in six months and risks losing focus ahead of an IPO expected as early as Q4 2026. OpenAI’s new CRO has accused Anthropic of overstating its $30B run rate by $8B through gross accounting on cloud partner revenue. Both companies say they follow standard accounting […]

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Europe is dismantling its own rulebook to compete with America

On 19 November 2025, the European Commission published its Digital Omnibus package, a legislative proposal to amend the AI Act, the GDPR, the ePrivacy Directive, the Data Act, and several cybersecurity frameworks in a single stroke. The word “simplification” appeared 23 times in the accompanying press release. Six days earlier, a coalition of 127 civil […]

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Anthropic is exploring building its own AI chips as Claude revenues surge past $30 billion run rate

The plans are early-stage and Anthropic may still decide to only buy chips rather than design them. The exploration comes days after the company signed a long-term deal with Google and Broadcom for 3.5 gigawatts of TPU compute starting in 2027. A company spokesperson declined to comment. Anthropic is exploring the possibility of designing its […]

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Revolut launches its new AI assistant AIR to UK customers

Revolut, the British virtual bank platform, has just launched its new AI financial assistant named AIR (AI by Revolut) to its more than 13 million customers in the UK.  The new AI assistant allows customers to manage their finances through in-app chat, their spending insights, investment tracking, subscription monitoring, and card management. It also provides […]

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Eight, the Portuguese dating app,is raising a €3M seed round

The app goes live each night between 8 and 9pm, connecting verified users through 30-second video intros and instant live calls. It is currently available in Portugal and the UK. CEO Afonso Simão previously founded Miofar, a fitness brand he grew to over $1.2M in revenue. Eight, a Portuguese video-first dating app, is raising a […]

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Canva acquires Simtheory and Ortto in a twin deal aimed at turning a design tool into an end-to-end work platform

Both companies were built by brothers Chris and Mike Sharkey, who previously co-founded Australian holiday rental site Stayz. Financial terms were not disclosed. Canva will preview what it calls the biggest transformation in its history at Canva Create on 16 April. Canva has acquired two companies simultaneously: Simtheory, an agentic AI collaboration platform, and Ortto, […]

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Utah let AI prescribe medicine

The case for AI prescription renewals is real. So is the case against trusting a state sandbox to catch the risks. In January, a security research firm called Mindgard sat down with a chatbot. The chatbot had been built by Doctronic, a health technology startup that had just become the first company in American history […]

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