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DeepSeek pauses its second fundraising round after founder’s leaked investor comments go viral
Artificial Intelligence
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Reach founders, executives, and tech decision-makers across the US and Europe.
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ARTIFICIAL INTELLIGENCE
A development bank just built a €1.4bn insurer in two years
Ominimo sells car insurance in four countries. Two years after its first policy, investors just put €1.4bn on it. It is profitable, which is rare. It also does not carry its own insurance risk, which is the interesting part.
ARTIFICIAL INTELLIGENCE
Nvidia may guarantee $250bn so OpenAI can afford the data centre that will house its chips
The reported backstop would be the largest financial guarantee ever discussed between two private companies. Michael Burry, who is short Nvidia, called it “around and around we go.”
ARTIFICIAL INTELLIGENCE
Orange is building a €3bn French data centre business, funded from New Zealand
The 50/50 joint venture with infrastructure manager Morrison targets 400MW, nearly ten times Orange’s current capacity. Both companies are calling it a European sovereignty play.
ANTHROPIC
Anthropic’s Dario Amodei says the company has never called for banning open-weight AI models
Amodei says he supports three measures instead: keeping chips from authoritarian hands, stopping industrial-scale distillation, and mandatory safety testing for all capable models.
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