Meta has cut Manus off from its internal systems and told staff to sunset the AI platform
Artificial Intelligence
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FINANCE
BNP Paribas says the $3.6 trillion US tech IPO pipeline will pull European startups towards public markets
SpaceX, OpenAI, and Anthropic have all filed to go public. A top BNP Paribas banker says the excitement will spill over into European tech listings.
ARTIFICIAL INTELLIGENCE
ShopAgentic raises €1.9M to build commerce infrastructure for AI shopping agents
The German startup, founded by the team behind NewStore, wants to rebuild the online store for a world where AI agents, not humans, do the buying. May Ventures and Greenfield Capital co-led.
ARTIFICIAL INTELLIGENCE
Meta signs its first India data-centre deal, leasing a 168MW AI facility from Reliance
Reliance will build and run the Jamnagar site on renewable power and desalinated seawater. Meta is the latest hyperscaler sending AI compute to India.
ARTIFICIAL INTELLIGENCE
The US-Philippines AI hub now has a price tag, $10bn, and a 99-year lease on the table
An official says the Pax Silica site could draw $10bn in initial investment, with Manila weighing a lease to Washington of up to 99 years. The number, and the term, sharpen the sovereignty questions already around the project.
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