Larry Ellison has cancelled his plan to sell $7.5bn of Oracle stock, a day after it surfaced
Artificial Intelligence
Anthropic’s Dario Amodei says the AI industry must slow down
Artificial Intelligence
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 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.
ARTIFICIAL INTELLIGENCE
Sam Altman backs Dario Amodei’s call to slow down, and says OpenAI will do the same
Amodei wants Washington to permit safety talks between rivals. Brussels has not granted that kind of clearance since 2004, and nobody has asked it to.