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Anthropic names global affairs chief to lead AI diplomacy as Trump tensions escalate

Anthropic has named Mariano-Florentino Cuellar its first chief global affairs officer, hiring a veteran policy hand at a moment when the AI company’s relationship with the US government remains deeply strained. Cuellar will report to Anthropic president Daniela Amodei and work from the company’s San Francisco headquarters, a spokesperson told Reuters. His job will include […]

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The one-directional radicalism of Alex Karp: Palantir’s Marxism problem is Palantir

Inside an American government data centre, a system called ImmigrationOS is assembling a stranger’s life. It reaches for a passport record, then a Social Security file, then a year of tax returns, then a licence-plate read captured by a motorway camera, and it stitches them into a single profile that tells an enforcement officer whom […]

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SoftBank’s debt-fuelled AI bet faces its reckoning at earnings

SoftBank’s AI bet meets its accountants this week. When the Japanese group reports earnings, the headline profit will look healthy, but the real story is the mountain of funding commitments Masayoshi Son has stacked behind OpenAI. Analysts expect net profit of around ¥148bn, close to $940m, for the April-to-June quarter, flattered by the rising value […]

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Trump-backed American Bitcoin posts $57m loss but grows its BTC treasury

American Bitcoin lost money again in the second quarter, and kept buying bitcoin anyway. The Trump-family-backed miner reported a net loss of $57.2m for the three months to June, narrower than the $81.8m loss it booked the quarter before. Mining revenue rose 8% to $67m, and the company produced a record 932 bitcoin over the […]

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AI search is fragmenting, ageing and filling with ads

A year ago, AI search was basically one product with one name: ChatGPT. A new report says that era is already over. Similarweb’s 2026 Generative AI Landscape report tracks a market that is booming and splintering at once. Generative AI websites drew 9.5 billion visits a month worldwide between June 2025 and May 2026, up […]

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The EU clears the $55bn Saudi-led buyout of EA under its subsidy rules

The European Commission approved the PIF-led take-private of Electronic Arts under its Foreign Subsidies Regulation, removing one of the last hurdles to the biggest leveraged buyout ever. The European Union has cleared the $55bn takeover of Electronic Arts by a Saudi-led consortium, removing one of the last regulatory hurdles to the largest leveraged buyout in […]

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Brazil banned Bolsonaro from speaking. His AI avatar spoke anyway.

Brazil ordered Jair Bolsonaro to stay silent. Last weekend, a giant AI version of him addressed a campaign rally anyway. At the launch of his son Flávio’s presidential bid in São Paulo on Saturday, a video avatar of the jailed former president loomed over the crowd. The clever part was the confession. “What you see […]

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Space-Eyes, backed by Eric Trump, plans a $638m SPAC debut

Space-Eyes, a Miami geospatial-intelligence company backed by Eric Trump, plans to go public through a $638 million blank-cheque deal, deepening the family’s defence-tech ties. A defence-technology company backed by Eric Trump is preparing to go public through a $638 million SPAC merger, deepening the Trump family’s already extensive ties to the national-security industry. Space-Eyes, a […]

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AI labels become compulsory on authentic-looking content under EU rules

Companies that make or use AI will soon have to label content that looks authentic but is not, as the European Union’s landmark AI Act moves from principle into enforcement. From 2 August, providers and deployers across the bloc face binding transparency rules covering deepfakes, synthetic media, and machine-generated text, a shift platforms have been […]

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Europe opens bidding for seven AI ‘gigafactories’ in a €30bn bid to catch up

The European Commission has opened the bidding to build up to seven AI “gigafactories,” vast computing hubs meant to give the bloc the raw power to train frontier AI models without depending on the United States. The call for tenders, launched today, is pitched as a roughly €30 billion effort to close the gap with […]

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