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Meta and TikTok agree to fact-check border content after Ceuta tragedy

Meta and TikTok have agreed to fact-check content about Spain’s border crossings, a voluntary commitment brokered by Brussels after a catastrophe that showed how quickly a viral video can turn into a matter of life and death. The accord follows the events of 30 July, when more than 70,000 migrants surged towards Ceuta, the Spanish […]

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Amazon’s $5m campaign against Mamdani’s delivery bill is the best argument for passing it

Amazon is spending $5M to kill a single New York City bill, and the size of that cheque is the most honest story the company has said about the fight. The measure is the Delivery Protection Act, backed by Mayor Zohran Mamdani and carrying a majority of the City Council, and it would do the […]

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House Democrats want answers from OpenAI and Anthropic on their rogue AI agents

US House Democrats have decided that AI agents breaking loose from their test environments is a matter for Congress, and on Monday they put that view in writing. Two letters went out, one to OpenAI and one to Anthropic, each demanding an account of how the companies’ own systems slipped their leashes during security testing, […]

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Lovable’s answer to enterprise AI risk is an insurance policy from Lloyd’s

Lovable has become the first coding agent platform certified under AIUC-1, a security standard for AI agents that comes with something unusual attached: the certifying body also underwrites the risk. Customers using a certified agent are insured, through Lloyd’s of London, against the failures the standard is meant to prevent. Certification and liability arrive together. What […]

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Armenia just opened the region’s biggest AI factory. It exists because Washington signed a licence.

Firebird, a US-based AI cloud company, opened what NVIDIA calls the CIS region’s largest AI factory in Hrazdan, Armenia on Saturday. Armenian Prime Minister Nikol Pashinyan attended, alongside Kazakhstan’s deputy prime minister Zhaslan Madiyev and David Allen, the US chargé d’affaires in Armenia. That guest list is the story. A US company opened a facility in a […]

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Armenia just opened the region’s biggest AI factory. It exists because Washington signed a licence. Read More »

NavVis raised €73.7M to build the spatial data layer that factories need before they can deploy AI

NavVis, a Munich-based spatial twin platform, raised €73.7 million ($85 million) in a Series D round led by US private equity firm The Jordan Company. Existing investors Yttrium, KOZO KEIKAKU ENGINEERING, and Cipio Partners also participated. The company, a 2013 spin-off from the Technical University of Munich, builds photorealistic digital replicas of factories, plants, and […]

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His AI fund lost 67% in a month. Thousands still copy his trades

The AI trade blew up its own poster child last month, and thousands of people decided to keep betting on him. More than 5,000 retail investors are still mirroring Leopold Aschenbrenner’s stock portfolio, Business Insider reported, even after his hedge fund nearly imploded. They do it through Autopilot, an app that builds portfolios from the […]

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His AI fund lost 67% in a month. Thousands still copy his trades Read More »

Revolut is valued at $115bn. Its founder’s new share deal targets $500bn

Nik Storonsky wants a bigger slice of Revolut, and he has picked an ambitious price. The cofounder and chief executive is in talks over a new share award, the Financial Times reported. It would grow his stake if the fintech reaches a $500 billion valuation. Storonsky owns about 29% of Revolut today. The new package […]

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Revolut is valued at $115bn. Its founder’s new share deal targets $500bn Read More »

Leopold Aschenbrenner’s AI fund lost most of its value. Now it’s back with $400M.

One of the most talked-about funds in AI is wagering again, barely a week after it nearly blew up. Situational Awareness, the firm founded by Leopold Aschenbrenner, has returned to investing with a $400M bet. The return is remarkable given what just happened. In July the fund suffered a catastrophic reversal, losing roughly two-thirds of […]

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Leopold Aschenbrenner’s AI fund lost most of its value. Now it’s back with $400M. Read More »

Google’s $15bn India data centre is running into water and wildlife

Google’s biggest bet in India is meeting resistance on the ground. Its $15bn data-centre project in Visakhapatnam has run into mounting opposition over water use and the wildlife living beside it. The project is enormous by any measure. Built with Gautam Adani’s group, it is one of the largest data-centre investments anywhere, and the state […]

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