China launched WAICO on July 16, a new 29-nation AI cooperation body, at the Shanghai World AI Conference as Beijing challenges US-led governance frameworks.
Tag: artificial intelligence
Posted inTech
Intel Commits €5 Billion to Ireland Fab to Scale AI Chip Supply
The Leixlip campus expansion will scale up Intel Xeon 6 production on the Intel 3 node, adding to more than €30 billion Intel has invested in Ireland since 1989.
Posted inTech
Helsing Raises $1.8 Billion at $18 Billion Valuation in Europe’s Largest Defense-AI Round
Munich-based defense-AI startup Helsing closed a $1.8 billion Series E on July 13, reaching an $18 billion valuation with backing from JPMorganChase and Goldman Sachs in the largest European defense-startup round on record.
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Google delays Gemini 3.5 Pro to July 17 for a ground-up architectural rebuild
Google DeepMind abandoned the Gemini 2.5 Pro base architecture and pushed the 3.5 Pro launch to July 17, opting for a complete rebuild to close performance gaps in mathematical reasoning and SVG generation before competing releases from OpenAI and Anthropic.
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EU AI Act’s GPAI penalty powers take effect August 2 — what changes in 33 days
On August 2 the EU AI Act activates penalty enforcement powers over AI model providers — up to €15m or 3% of global turnover — alongside new chatbot transparency rules and revised high-risk system deadlines.
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Anthropic says Alibaba used 25,000 fake accounts to run 28.8 million Mythos queries for Qwen training
Anthropic disclosed that operators linked to Alibaba’s Qwen lab ran 28.8 million interactions through 25,000 fraudulent accounts over 45 days, harvesting its Mythos model’s outputs to train rival AI systems.
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Reflection AI takes $6.3bn SpaceX compute deal as AI infrastructure concentrates
Reflection AI will pay SpaceX $150 million a month for Nvidia GPU access at Colossus 2, in a contract worth up to $6.3 billion through 2029.
Posted inMarkets
Micron guides Q4 revenue to $50 billion as AI memory demand outruns supply
Micron reported Q3 FY2026 revenue of $41.46 billion — smashing guidance by $8 billion — and guided Q4 to $50 billion as AI memory demand outpaces chip supply.
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Forty-two state attorneys general subpoena OpenAI days after its IPO filing
A coalition of 42 states subpoenaed OpenAI just four days after its IPO filing, targeting ChatGPT’s health data practices, treatment of minors, and a design flaw called model sycophancy.
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EU picks Domyn’s EUROPA to build a 400-billion-parameter open-source AI in all 24 EU languages
The EU selected Italian startup Domyn’s EUROPA consortium to build a 400-billion-parameter open-source AI model covering all 24 official EU languages.