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ARTIFICIAL INTELLIGENCE
Mistral’s Mensch warns Europe of ‘leftovers’ if it quits frontier AI
DeepL’s chief executive says Europe needs its own models to keep AI’s value at home. Von der Leyen and Legora’s boss argue the gains lie in using frontier AI, not building it.
INVESTORS AND FUNDING
Nous raises $17M to expand its household AI agent beyond the UK
The London startup’s agent handles bills for almost 250,000 UK homes, with Heartcore Capital and Mosaic Ventures backing the round.
MICROSOFT
Microsoft nominates Stripe’s Collison to its board and trims Nadella’s pay
Disney finance chief Hugh Johnston and LinkedIn co-founder Reid Hoffman leave the board in December. A 5% fall in Xbox content revenue also pulled down Satya Nadella’s cash bonus, The Information reports.
FUTURE OF WORK
Amazon pledges 30,000 entry-level UK jobs to young people by 2030
The Amazon Youth Promise pays from £15.10 an hour and asks for no CV. It comes as around a million young people in the UK are out of work, education and training.
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