Nvidia may guarantee $250bn so OpenAI can afford the data centre that will house its chips
Artificial Intelligence
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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.
INVESTORS AND FUNDING
ZuriQ raises $25.5M to scale its 2D quantum architecture
The ETH Zürich spin-out is building trapped-ion processors on a natively two-dimensional design it says is easier to scale.
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.
GOVERNMENT AND POLICY
Sam Altman and Jensen Huang to meet Senate Intelligence’s top Democrat after OpenAI’s rogue-agent breach
Mark Warner has invited the two chief executives to Washington the same week Congress reached for an AI kill switch.
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