Intel is putting 5 billion euros into Ireland, and Europe just got one of the few EUV fabs on the continent
Intel is putting 5 billion euros into Ireland, and Europe just got one of the few EUV fabs on the continent

Intel is committing 5 billion euros, around $5.7bn, to expand its campus at Leixlip in Ireland. The money is aimed at data-centre processors for AI and high-performance computing, Bloomberg reports. It is a serious share of the company’s budget. The su…

Nadella says you pay for AI twice, and Microsoft helped build the trap
Nadella says you pay for AI twice, and Microsoft helped build the trap

Microsoft’s Satya Nadella says every firm using AI is paying for it twice, once in cash, and once in the secrets it hands over to make the thing useful. He calls it the Reverse Information Paradox. He also runs the company that helped build the trap. S…

AI is ending older workers’ careers early, and it is coming for the well-paid ones first
AI is ending older workers’ careers early, and it is coming for the well-paid ones first

The debate about AI and jobs has focused on graduates. New research suggests it should also be looking at people in their late fifties, CNBC reports. Workers aged 55 and over in AI-exposed occupations are now exiting work at higher rates than before Ch…

The web is now mostly bots. Cloudflare is rebuilding its defences around that
The web is now mostly bots. Cloudflare is rebuilding its defences around that

For the first time, bots generate more than half of all web traffic. Cloudflare Precursor, the company’s new tool, stops checking IDs at the door and starts watching how visitors behave once they are inside. The internet just passed a strange milestone…

Valarian raised $50m to help governments use US cloud without losing control of it
Valarian raised $50m to help governments use US cloud without losing control of it

A London startup co-founded by a former Palantir executive has raised $50m to help governments and companies use American cloud and AI without letting America reach inside. The fear driving it stopped being hypothetical this year. Valarian, a London-ba…

Helsing raises $1.8bn at an $18bn valuation, and its cap table tells a story
Helsing raises $1.8bn at an $18bn valuation, and its cap table tells a story

Munich’s Helsing has raised $1.8bn at an $18bn valuation, making it Europe’s largest defence startup. The round is a bet on sovereign AI. A lot of the money paying for it is American. Europe’s biggest defence startup just got a lot bigger. On Monday He…

Meta’s Hyperion data centre hit $50bn, and split a Louisiana town in two
Meta’s Hyperion data centre hit $50bn, and split a Louisiana town in two

Meta’s Hyperion data centre in rural Louisiana has ballooned from $10bn to more than $50bn in under two years. In a parish of 20,000 people, it has made some locals a fortune and priced others out of their homes. Meta just made its biggest AI bet bigge…

What Anthropic’s latest AI discovery does—and doesn’t—show

This story originally appeared in The Algorithm, our weekly newsletter on AI. To get stories like this in your inbox first, sign up here. Anthropic—currently the world’s most valuable AI company, with a nearly $1 trillion valuation—has a reputation for publishing strange and heady research. It’s looking into whether AI models can feel pain, for example,…

Tesla’s AI5 with 2nm-class node tapes out at Samsung Foundry — production starts soon, months after TSMC tape out
Tesla’s AI5 with 2nm-class node tapes out at Samsung Foundry — production starts soon, months after TSMC tape out

Samsung Foundry soon to join TSMC in production of Tesla’s AI5 processor, a LinkedIn post reveals.

200 economists just admitted they can’t see where AI is taking the economy
200 economists just admitted they can’t see where AI is taking the economy

Two hundred economists, sixteen of them Nobel laureates, have signed a statement on AI and the economy. The punchline: the smartest people in the room are telling you they cannot see the road. Economists do not usually panic in public. This week, more …