The Bloomberg Tech event looked ahead to new balance of power in US

The UK is “extremely likely” to experience a serious cybersecurity breach in the near future, according to the country’s AI minister Kanishka Narayan.

Sheryl Sandberg says the 32-year-old executive reminds her of Mark Zuckerberg. Josh Payne must now take his startup public at a tumultuous moment for the AI industry. 

Amazon.com Inc. said it will invest more than €16 billion ($17.9 billion) next year in Germany for operations including data centers, satellite program and Prime Video media production.

Elon Musk vowed to distribute a share of SpaceX to each child in the US, a multibillion-dollar pledge that adds to a string of sizable donations from the tech industry for the benefit of the American public.

More than $3.5 trillion of AI infrastructure spending could be at risk of impairment by 2030 as the industry’s investment boom threatens to outpace the revenue required to justify it, according to an analysis by market research firm Gartner Inc.

Anthropic PBC’s top sales executive outside the US argued that open alternatives to its AI models carry “more risk” of cybersecurity incidents or other dangers.

The UK will now be able to evaluate leading artificial intelligence models before they are released, reversing a US policy that required White House approval first.

OpenAI has appointed Ismail Elmas as vice president for sales in Europe, the Middle East and Africa, the AI developer’s second sales hire from Elon Musk’s SpaceX since September.

Isomorphic Labs, an Alphabet Inc. company using artificial intelligence to discover drugs, is in early talks to raise new funds at a valuation of at least $40 billion, according to people familiar with the matter.

European defense startups raised a record amount of capital this year, turning to US investors more than local funds for the first time.

When a group of 15 Google DeepMind employees and alumni met for a breakfast this month in central London, the conversation quickly turned to how to raise money for an artificial intelligence startup.

Company wants to be seen as a hyperscaler in its own right

Microsoft Corp. pledged about $2 billion in additional spending in the Middle East, providing the first significant update on its business in the region since the outbreak of the US war with Iran.

Nscale’s 1,000-fold increase in contracts over the last three years is mainly due to two clients thirsty for artificial intelligence computing capacity: Microsoft Corp. and Anthropic PBC.

Palantir Technologies Inc. has hired Tom Watson, a former Labour deputy leader, as a new executive in the UK, where it faces a barrage of criticism threatening a major contract.

Titans of the artificial intelligence industry gathered in Scotland to hear Britain’s monarch challenge them to control their inventions.

AI leaders loosely agree to pace development, but China and Trump have something else in mind

The Persian Gulf’s richest states are pushing forward with plans for a massive build-out of artificial intelligence infrastructure, even though data centers have become repeated targets in the US war with Iran.

The government is helping fund some promising startups to gain a domestic foothold in the industry