Trump is breaking the Turnberry deal over cars. Semiconductors are next in line.
Trump is breaking the Turnberry deal over cars. Semiconductors are next in line.

The Turnberry Agreement was supposed to be the floor. Signed at Donald Trump’s golf resort in Scotland last July, the deal between the United States and the European Union set a 15 per cent tariff ceiling on nearly all EU goods entering America, includ…

Europe’s finance ministers are about to discuss an AI model none of them can access
Europe’s finance ministers are about to discuss an AI model none of them can access

Euro-area finance ministers will discuss Anthropic’s Mythos AI model with banking supervisors on Monday, according to a senior EU official. The technology that will be on the agenda is one that no government in the European Union has access to, built b…

SPRIND opens applications for €125M competition to build Europe’s first frontier AI labs
SPRIND opens applications for €125M competition to build Europe’s first frontier AI labs

The Next Frontier AI Challenge, announced at EurIPS in December, explicitly tells applicants not to try to catch up with OpenAI, but to leapfrog to the next architectural S-curve, with up to €1 billion in follow-on funding dangled for the three winning…

Italy’s antitrust authority closes probes into DeepSeek, Mistral, and Nova AI over AI hallucination disclosures
Italy’s antitrust authority closes probes into DeepSeek, Mistral, and Nova AI over AI hallucination disclosures

The AGCM accepted binding commitments from all three chatbot providers, establishing a concrete benchmark for what ‘adequate’ hallucination transparency must look like in practice, and a 120-day compliance window before potential fines. Italy’s competi…

Earlybird closes €360M Fund VIII, its largest ever, with a new perpetual ownership model and a deeptech-first thesis
Earlybird closes €360M Fund VIII, its largest ever, with a new perpetual ownership model and a deeptech-first thesis

The Berlin firm, founded in 1997, has raised a new fund every three to four years through every market cycle. Fund VIII is oversubscribed, manages €2.5 billion across strategies, and bets heavily on AI infrastructure, foundation models, and deeptech. E…

China threatens the EU with broad retaliation if Huawei and ZTE are banned from European networks
China threatens the EU with broad retaliation if Huawei and ZTE are banned from European networks

Beijing’s commerce ministry has formally submitted a 30-page document warning the European Commission that its draft Cybersecurity Act, which would make vendor removal mandatory for the first time, could trigger reciprocal measures against European com…

Spain’s Solaria raises €300m to power data centres with solar and battery storage
Spain’s Solaria raises €300m to power data centres with solar and battery storage

The Spanish solar developer is betting that co-locating renewable generation with battery storage adjacent to data centres is the answer to AI’s power hunger, and investors are oversubscribed at 6.7x. Europe has a data centre problem. Electricity grids…

Meta found in breach of EU law for failing to keep children off Facebook and Instagram
Meta found in breach of EU law for failing to keep children off Facebook and Instagram

The European Commission has issued preliminary findings that Meta has violated DSA obligations requiring it to prevent underage children from accessing its platforms, a charge previously levelled only at adult content sites. The European Commission has…

EU and Parliament fail to agree on AI Act changes after 12 hours of talks, pushing deal to next month
EU and Parliament fail to agree on AI Act changes after 12 hours of talks, pushing deal to next month

The collapse of Tuesday’s trilogue exposes deep divisions over whether high-risk AI systems embedded in consumer products should be exempt from the world’s strictest AI rules After 12 hours of negotiations on Tuesday, EU member states and European Parl…

Tesla promises FSD V14 Lite for HW3 cars internationally to appease growing tensions
Tesla promises FSD V14 Lite for HW3 cars internationally to appease growing tensions

Tesla posted on X that it plans to expand FSD V14 Lite to HW3 vehicles in international markets — but only after the US rollout is complete and with no timeline attached.

The vague commitment comes as HW3 owners across Europe and other international…