Oracle has set aside $700M more for job cuts it has not made yet
Artificial Intelligence
Nvidia may put $10bn into Anthropic’s IPO, more than Europe’s largest AI round in full
Artificial Intelligence
Amazon Quick is now available on desktop, with a new mobile activity feed
Artificial Intelligence
OpenAI pauses $200 ChatGPT Pro sign-ups as Astra demand strains its systems
Artificial IntelligenceLatest news
INVESTORS AND FUNDING
HelmGuard raises $7.3m to replace compliance paperwork with AI agents
London startup HelmGuard has raised $7.3m in a seed round co-led by Infinity Ventures and Frontline. Its AI agents collect risk data directly from company systems instead of relying on questionnaires. The money will fund US expansion, hiring and a layer that checks how AI agents behave.
GOVERNMENT AND POLICY
The UAE plans to invest €40bn in Germany, including 1GW of data centres
The United Arab Emirates plans to invest €40bn in Germany, including in new data centres with about one gigawatt of capacity. The two countries announced the package during Sheikh Mohamed bin Zayed’s state visit. They also agreed to explore ‘data embassies’ and closer defence ties.
ARTIFICIAL INTELLIGENCE
Abu Dhabi says $100bn of AI capital sits in its financial centre. Its own announcement cannot decide whether that money is held there or spent.
Nearly half the figure is one state-backed fund. The category also stretches to cover a reinsurance agreement.
BUSINESS
The US transport secretary told Ford to cut its Chinese ties, including one in Valencia
MEPs would force Chinese investors into EU joint ventures capped at 49% with technology transfer attached, and Ford and Geely already clear two of the three tests
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