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    Startups and technology

    Airbnb’s Chesky helped put Sam Altman back in power. Now he’s building an AI lab to compete with him. ARTIFICIAL INTELLIGENCE

    Airbnb’s Chesky helped put Sam Altman back in power. Now he’s building an AI lab to compete with him.

    The Airbnb CEO plans to back a new AI research lab focused on user interaction and design, while remaining in charge of Airbnb. It marks the latest sign that Silicon Valley’s biggest founders no longer trust frontier labs to build what they need.

    Investors and funding

    Swiss startup GR3N raises €15.5M to build the world’s first microwave-powered PET recycling plant DEEP TECH

    Swiss startup GR3N raises €15.5M to build the world’s first microwave-powered PET recycling plant

    The MADE technology can process 100% of PET waste, including textiles, films, and coloured materials that mechanical recycling cannot touch

    Corporates and innovation

    Intel is bringing a chip to every computing category at Computex. The last time it could do that, it was the company everyone was trying to catch. CORPORATES AND INNOVATION

    Intel is bringing a chip to every computing category at Computex. The last time it could do that, it was the company everyone was trying to catch.

    Government and policy

    Bank of England governor warns AI may need to be rationed because of energy limits ARTIFICIAL INTELLIGENCE

    Bank of England governor warns AI may need to be rationed because of energy limits

    Andrew Bailey says AI capabilities are outpacing the power supply needed to run them, forcing governments into "very big social choices"

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