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Australia’s NEXTDC launches A$2.2 billion capital plan

The ASX-listed data centre operator is raising A$1.5 billion in a fully underwritten equity offering and expanding its hybrid securities programme by A$700 million, with La Caisse de dépôt et placement du Québec now committed to a total of A$1.7 billion. The raise will fund accelerated development of the S4 Western Sydney campus, where contracted […]

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EU awards its €180 million sovereign cloud contract to four European providers

Post Telecom (with CleverCloud and OVHcloud), StackIT, Scaleway, and Proximus (with S3NS, a Thales – Google Cloud joint venture, plus Clarence and Mistral) have won the European Commission’s six-year sovereign cloud framework contract. The Proximus consortium’s inclusion signals that non-European technology can qualify as ‘sovereign’ under the Commission’s framework if operated within a sufficiently strict […]

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Musk is asking chip suppliers to move at ‘light speed’ for his Terafab AI chip plant

According to Bloomberg, teams from SpaceX and Tesla have approached Applied Materials, Tokyo Electron, Lam Research, and Samsung for price quotes and delivery times on chipmaking equipment.  Teams working for Elon Musk have reached out to major chip industry suppliers including Applied Materials, Tokyo Electron, and Lam Research, as well as chip manufacturing partner Samsung […]

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The Axie Infinity co-founder who survived a $620M North Korean hack is now building AI drone detection for Europe’s defence

Stendr, a Norwegian counter-drone startup led by Aleksander Leonard Larsen, who co-founded blockchain gaming unicorn Sky Mavis, has raised a $5.4M oversubscribed pre-seed from RainFall, ACME, SkyFall, and a consortium of European defence and tech investors. Stendr, a Norwegian defence technology startup developing AI-driven systems to detect and track drones, has raised $5.4 million in […]

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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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