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The building at 1001 Third Avenue South in downtown Minneapolis used to be an office. Now it is a data centre, and its anchor tenant is not a Silicon Valley hyperscaler but Core42, the cloud and AI infrastructure subsidiary of Abu Dhabi’s G42 Group. The lease, reported by Bloomberg on Wednesday, covers 20 megawatts of […]
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OpenAI built a ten billion dollar consulting company. Anthropic built a 1.5 billion dollar consulting company. Google is writing a licensing agreement. The difference in approach may determine which AI lab captures the largest new enterprise distribution channel to emerge since the birth of cloud computing itself: the portfolio companies of the world’s biggest private […]
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Justice Elena Kagan denied Apple’s emergency stay application on Wednesday on behalf of the court, declining to refer the request to the full bench. Apple now returns to Judge Yvonne Gonzalez Rogers in Oakland to argue over what commission, if any, it can lawfully charge on external-link app purchases. The US Supreme Court on Wednesday […]
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Supreme Court refuses to pause the order holding Apple in contempt in the Epic case Read More »
Claude Code’s five-hour rate limits double across Pro, Max, Team, and seat-based Enterprise plans from Tuesday, with peak-hours throttling removed for Pro and Max. The capacity behind the change is a new Anthropic agreement to take all of SpaceX’s Colossus 1 data centre. Anthropic raised the rate limits on Claude Code and the Claude Opus […]
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Anthropic raises Claude Code and Opus API rate limits, citing SpaceX Colossus 1 deal Read More »
The London-based AI expert-matching platform, founded by ex-DeepMind and ex-McKinsey alumni, is being valued at the moment hiring is becoming the part of the labour market AI has most visibly degraded. Andreessen Horowitz now leads the round; General Catalyst, the seed lead, is back in. Generative AI has, in the space of about 30 months, […]
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Ethos lands $22.75m Series A to fix what AI broke about hiring Read More »
The deal pairs a 15-million-share warrant at $180 with a pre-funded warrant for 3 million more, against a Corning commitment to build three new US optical-connectivity plants and grow capacity tenfold. Corning shares closed up roughly 14 per cent. NVIDIA is taking an equity-linked stake of $500m in fibre-optics manufacturer Corning as part of a […]
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The Terafab project sits alongside the existing Bastrop packaging operation. Combined, the two facilities could anchor a $119bn Texas chipmaking footprint. SpaceX has not yet disclosed the process technology Terafab will run, or the construction timeline. SpaceX has filed paperwork for a semiconductor fabrication facility in rural Texas with a planned investment of approximately $55bn. […]
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A KPMG-conducted study commissioned by the CCCEU estimates that phasing Chinese suppliers out of 18 critical EU sectors between 2026 and 2030 would cost €367.8bn. Reuters’ headline rounds that down. The actual figure is materially higher. China’s chamber of commerce in the EU has put a number on the cost of the European Commission’s plan […]
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Chinese chamber of commerce puts a $432bn price tag on the EU’s cybersecurity overhaul Read More »
The Berlin geospatial-AI company has closed the first slice of a new round, with defence VC Helantic alongside Nordic Ninja, MMC, and the EIC. Most of the money funds the same product. The strategic shift is who else gets to buy it. European defence-tech rounds, in 2026, are no longer being raised on a pure-defence […]
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After selling Silo AI to AMD for $665m, the Helsinki entrepreneur is doing it again. Qutwo’s angel round prices a quantum-classical orchestration layer with no quantum hardware shipping yet, and customers already paying tens of millions for it. There is a particular kind of European startup story that is not supposed to happen at this […]
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Peter Sarlin’s Qutwo hits $380m valuation in an angel round Read More »