ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Russia
Ukraine hits Russian data centres in blow to Moscow's AI capabilities
Drones hit three Yandex facilities, a Sber centre and a VKontakte server farm across five Russian regions, causing persistent failures in payments, navigation and cloud services. Experts say restoring the infrastructure could take months or years.
Markets
Turning mercury into gold? A US start-up says it has just done it
Little-known San Francisco start-up Marathon Fusion says it has turned mercury into stable gold at ten times the rate of CERN's record, raising a question that has haunted the diamond trade: could lab-made gold one day sink the price of the mined metal?
Business
Why Musk wants to merge Tesla and SpaceX before Trump leaves office
Elon Musk has opened the door to merging Tesla and SpaceX into a $3.5 trillion (€3.1tn) giant, the latest step in years of folding his companies into one another, with a deal reportedly aimed at closing before US President Donald Trump leaves the White House.
Business
Anthropic revenue jumps 46% ahead of $2 trillion IPO bid
AI developer Anthropic grew its sales by about 46% to $16.8 billion (€15bn) last quarter and turned an adjusted profit, it told investors on Wednesday, weeks before a November stock market debut that could value it at up to $2 trillion (€1.79bn).
Business
Samsung flags 783% profit jump to record $80bn as AI chip boom surges
Samsung Electronics estimated on Thursday that its third-quarter operating profit jumped almost ninefold to a record 107.4 trillion won, or $80.2 billion, while sales at Taiwan's TSMC hit a quarterly record, as the AI boom keeps demand for chips strong.
Business
UBS only European bank in AI adoption top 10 led by JPMorgan Chase
UBS is now the only European lender among the top 10 banks judged most advanced in adopting artificial intelligence, after HSBC dropped out of the top tier of the Evident AI Index, while JPMorgan Chase widened its lead and North American banks tightened their grip.
Business
Moonshot AI eyes Hong Kong IPO in early 2027 after a $50bn valuation
Chinese AI start-up Moonshot AI is targeting for a Hong Kong listing in early 2027 after its valuation hit $50 billion (€44.6bn), while rival DeepSeek is raising between ¥80 billion (€10.6bn) and ¥100 billion (€13.3bn) in a round led by Tencent and CATL, fuelling bets on its own market debut.
Europe News
Google’s €13bn Finland push transforms and divides a quiet rural town
A €13 billion Google data centre investment is set to transform the Finnish municipality of Muhos and the wider Oulu region. While many locals welcome new jobs and economic activity, environmental campaigners say more than 300 hectares of forest were cleared without a required assessment.
Markets
Why ordinary investors struggle to buy into the robotics boom
Most of the companies building the robots of the future are still private, leaving ordinary investors with limited options such as Tesla, diversified industrial groups or new vehicles like RoboStrategy, a Nasdaq-listed fund whose shares trade at more than twice the value of its assets.
Business
Anthropic IPO filing warns AI may pose 'existential risks to humanity'
Anthropic has devoted almost a third of its IPO prospectus to risk factors, warning that its AI may pose "existential risks to humanity", while the filing also reveals a $42 billion (€36.9bn) net loss last year and a heavy reliance on just two customers.
Business
Five million robots now work in factories as humanoid hype is tested
Over five million industrial robots now work in factories worldwide, the highest total ever recorded, even as Boston Dynamics shelves a stock listing and Chinese regulators slow a rush of humanoid IPOs, showing a widening gap between practical machines and the humanoids capturing headlines.
Money
North Korean hackers suspected in €332.8m crypto heist as it leads global hacks
North Korea, one of the world’s most closed-off countries, has been linked to some of this year’s largest cryptocurrency thefts. Proceeds from such attacks help fund its nuclear weapons and ballistic missile programmes, according to the US government.
Russia
AI serves up content from Russia's sanctioned state outlets, RSF finds
Reporters Without Borders tested six AI chatbots by requesting news from RT, Sputnik, and other EU-sanctioned Russian outlets, and found that three produced full summaries with links and quotes, sometimes after encountering web pages explicitly stating the outlets were under sanctions.
Europe Today
Canada welcomes EU's 'associate member' offer, but what next?
Europe Today digests what Canada's new EU associate member status actually means, as EU finance ministers meet in Dublin over spiralling energy costs. Also on the show: Fresh reactions to the EU's new Kids Act, which aims to restrict social media and AI chatbots for children under 15.
Markets
Anthropic priced above $2 trillion as markets eagerly await IPO filing
Traders are pricing Anthropic above $2 trillion (€1.73tn) in pre-IPO markets, more than double the company's valuation in its last private funding round, as investors wait for the public release of the S-1 filing that could open the way to the largest flotation in history.
Russia
Russia used Claude AI for espionage, disinformation and drone swarms
Anthropic's latest report on the abuse of its AI model found that a Russian-linked hacking group used Claude to automate attacks on more than 20 organisations, including Ukrainian defence ministries and drone suppliers, while separate operators ran pro-Kremlin disinformation in Africa and Moldova.
Europe News
EU moves toward restricting social media access for under-15s
The European Commission will propose barring under-15s from social media without parental consent, President von der Leyen said on Wednesday. A leaked draft also covers safety-by-design rules for risky online services, like AI chatbots and video games.
Business
Trump concedes on ethics rules as major US crypto bill nears vote
US President Donald Trump has accepted ethics restrictions he had long resisted, removing the final obstacle to the CLARITY Act, the most significant crypto legislation ever attempted in the US, which now faces a decisive Senate vote on Tuesday.
Europe News
3D-printed food: from niche technology to a potential future
3D printers can now transform more than two dozen types of food into edible shapes. While the technology remains costly and impractical for everyday use, experts see significant potential in clinics, care homes and personalised nutrition.
Economy
Anthropic says AI could bring both 15% growth and mass unemployment
Anthropic has published an economic model projecting how AI might reshape the US economy by 2030, and its three scenarios range from barely perceptible to a boom with no historical precedent, including one in which GDP grows 15% a year while nearly a fifth of office workers are out of a job.
Business
French start-up Mistral AI raises €3 billion in Samsung-led round
French artificial intelligence company Mistral AI has raised €3 billion in a round led by Samsung Electronics, nearly doubling its valuation to more than €21 billion in what the company says is the largest equity fundraising ever completed by a European technology firm.
Most read
ADVERTISEMENT
ADVERTISEMENT