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OpenAI and Anthropic now out-lobby Nvidia in Washington

The AI industry is buying a bigger seat at the table. OpenAI and Anthropic set records for federal lobbying in the second quarter of 2026, CNBC reported. Together they spent $3.17 million, up 23% from the first quarter. Startups outspending giants The individual numbers are the striking part. Anthropic spent $1.97 million, up 26% in […]

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Oracle says one AI data centre could cost it a $7bn power guarantee

Oracle is building a huge AI data centre in Port Washington, Wisconsin, with Vantage and OpenAI. The nearly one-gigawatt Lighthouse Campus is a roughly $15 billion project. To get the electricity to run it, though, Oracle first has to satisfy the local regulator, and that is proving expensive. In a sworn affidavit, Oracle says the […]

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A 25-year-old just raised $180M to build a US bank from scratch

Augustus has raised $180 million at a $1 billion valuation. Tiger Global led the round, the company announced on Tuesday. Hummingbird, QED, and the founders of Nubank, Ramp, Circle and Deel joined in. The startup has now raised $210 million in total. A bank, built from scratch Augustus wants to be what it calls the […]

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Hackers stole Estée Lauder staff’s bank and health data. The company took nearly a year to say so.

The cosmetics giant Estée Lauder is notifying staff of a data breach after hackers slipped into the Oracle software it uses to run human resources. BleepingComputer first reported the disclosure. Nearly a year in the dark The timeline is the uncomfortable part. According to the company’s notification letter, an intruder reached its Oracle E-Business Suite […]

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This AI-piloted fighter jet takes off with no runway. It just cleared a key test.

A fighter jet that needs no runway is a step closer to flight. Shield AI and GE Aerospace say they have completed engine light-off testing for the X-BAT. It is an AI-piloted strike aircraft, built to take off and land vertically. The two firms announced the milestone this week. The nozzle that does the trick […]

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US computer-science enrolment just fell for the first time in 20 years

Computer science was the safe bet. For twenty years, enrolment in the US only went up. In the 2025-26 academic year, it went down. The reversal The finding comes from Jacob Light, an economist at Stanford’s Hoover Institution. Business Insider reported his research. His dataset is vast: more than 50 million course sections since 1996, […]

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Washington wants to sanction Chinese AI for ‘theft’. Nvidia’s Jensen Huang says that’s backwards.

On Tuesday, Treasury Secretary Scott Bessent went on television with a warning for China. On the same day, the chief executive of the company that powers the entire AI boom went the other way. The threat Bessent said the US will scrutinise Chinese open-source models for stolen intellectual property, as Bloomberg first reported. It could […]

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Washington wants to sanction Chinese AI for ‘theft’. Nvidia’s Jensen Huang says that’s backwards. Read More »

BlackRock is raising $12bn to build Meta a data centre it will own, lend to, and rent out

On Monday, JPMorgan and Morgan Stanley began pitching investors on a bond sale of at least $12 billion, as The Wall Street Journal reported. The money will build a Meta data centre in El Paso, Texas. The structure is the story. Who owns what BlackRock and its infrastructure and private-credit arms own 80% of the […]

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Google and Ford are funding a push into the trades, the jobs their AI can’t do

The four companies announced the Alliance for America’s Skilled Trades on Tuesday. The pitch is a labour shortage. The subtext is harder to miss. The number behind it Employers cannot find enough electricians, technicians, and builders. The alliance puts the gap at 2.1 million unfilled skilled-trade jobs by 2030, across manufacturing, infrastructure, and energy. It […]

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The biggest data-centre deal in history just closed, then got $5bn bigger

On Tuesday, a group of the world’s most powerful investors finished buying a company most people have never heard of. The price tag explains why it matters. The largest data-centre deal ever The AI Infrastructure Partnership, MGX, and BlackRock’s Global Infrastructure Partners completed their purchase of all the equity in Aligned Data Centers. The deal […]

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