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Five AI labs now let the US government test their models before release. The arrangement is voluntary, has no legal basis, and is the closest thing America has to AI oversight.

The Mythos crisis forced the United States government to confront a question it had been avoiding: what happens when an AI model is powerful enough to threaten national security and the government has no formal mechanism to evaluate it before the public gets access? On Tuesday, the Commerce Department announced that Google, Microsoft, and xAI […]

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Five AI labs now let the US government test their models before release. The arrangement is voluntary, has no legal basis, and is the closest thing America has to AI oversight. Read More »

A crypto miner became Europe’s most valuable AI startup in two years. Now it is spending $812 million to prove the model scales.

Two years ago, Nscale was a cryptocurrency mining operation. On Tuesday, the company announced €695 million ($812 million) in new infrastructure investment in Portugal, an expansion of its partnership with Microsoft that will deliver more than 66,000 Nvidia Rubin GPUs to a site with 1.2 gigawatts of permitted capacity. Nscale is now valued at $14.6 […]

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A crypto miner became Europe’s most valuable AI startup in two years. Now it is spending $812 million to prove the model scales. Read More »

The IronSource founders sold an ad tech company for $4.4 billion. Their next bet is that AI agents will replace the ad buyers their old company served.

The founders of IronSource spent a decade building tools that helped mobile app developers monetise their products through advertising. They sold that company to Unity for $4.4 billion in 2022, watched Unity dismantle the ad network they had built, left in 2024, and have now returned with a company whose premise is that the entire […]

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The IronSource founders sold an ad tech company for $4.4 billion. Their next bet is that AI agents will replace the ad buyers their old company served. Read More »

Fervo Energy launches $1.33bn IPO, the largest climate-tech listing of 2026

On Monday, Fervo Energy formally launched its IPO roadshow, offering 55,555,555 shares of Class A common stock at an indicated range of $21 to $24 each. At the high end of the range, the geothermal-energy developer would raise as much as $1.33bn and become the largest climate-tech IPO of 2026 to date. The company has […]

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Fervo Energy launches $1.33bn IPO, the largest climate-tech listing of 2026 Read More »

Tesla’s FSD rollout in Europe runs into the regulator scepticism Musk has been projecting through

Elon Musk’s public confidence about Tesla’s Full Self-Driving rollout in Europe is, on the available evidence, not shared by the European regulators who would actually have to approve it. Reuters published an exclusive analysis of regulator emails and records on Tuesday, showing that several EU national authorities have expressed sustained skepticism toward FSD’s claimed safety […]

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Tesla’s FSD rollout in Europe runs into the regulator scepticism Musk has been projecting through Read More »

Intel hires Qualcomm veteran Alex Katouzian to lead a new Client Computing and Physical AI group

Lip-Bu Tan’s leadership of Intel has, since the early months of his tenure, run on a single recognisable pattern: hire from rivals, restructure around the new hires, and rebuild the bench. On Monday Intel announced its latest such move. Alex Katouzian, a 25-year Qualcomm veteran most recently running its mobile, compute, and extended-reality businesses, joins […]

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Intel hires Qualcomm veteran Alex Katouzian to lead a new Client Computing and Physical AI group Read More »

Meta is raising $13bn for one Texas data centre, a new ceiling for single-site AI financings

The financing scaffolding around AI infrastructure keeps growing. Bloomberg reported on Sunday that Meta Platforms is working with Morgan Stanley and JPMorgan Chase on a financing package of roughly $13bn for a single data centre in El Paso, Texas. If completed at the size discussed, it would be one of the largest single-site digital-infrastructure financings […]

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Meta is raising $13bn for one Texas data centre, a new ceiling for single-site AI financings Read More »

Musk settles SEC Twitter-disclosure case for $1.5m, the maximum penalty for the violation

After four years of litigation, Elon Musk has agreed to pay a $1.5m civil penalty over his late 2022 Twitter stake disclosure. The harm to other shareholders, the SEC alleged, was $150m. Elon Musk has, after nearly four years of litigation, settled the Securities and Exchange Commission’s case against him over his late disclosure of […]

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Musk settles SEC Twitter-disclosure case for $1.5m, the maximum penalty for the violation Read More »

Apple explores Intel and Samsung for chipmaking, ending TSMC’s solo run on M-series

Bloomberg reports Apple is in early-stage discussions with Intel and Samsung about producing some of its M-series chips. The talks are exploratory; the signal is significant. Apple’s silicon strategy has, for nearly a decade, run on a single foundry relationship. Bloomberg reported on Tuesday that the company is now exploring early-stage discussions with Intel and […]

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Apple explores Intel and Samsung for chipmaking, ending TSMC’s solo run on M-series Read More »

Three months after raising $30bn, Alphabet taps the euro market again

Three months after a $30bn multi-currency raise, Google’s parent is back. The euro tranches expand one of the most active corporate borrowing programmes of the AI cycle. Three months after raising more than $30bn in a multi-currency global debt issue, Alphabet is back at the bond market. Bloomberg reported on Tuesday that Google’s parent has […]

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Three months after raising $30bn, Alphabet taps the euro market again Read More »

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