FERC orders a fast lane for data centre grid connections, but the electricity to fill them is another matter
FERC orders a fast lane for data centre grid connections, but the electricity to fill them is another matter

The Federal Energy Regulatory Commission on Thursday ordered six major grid operators to fast-track interconnection requests from data centres and other large electricity users. Under the directive, approved unanimously, grid operators must demonstrate…

The EU is about to declare AWS and Azure gatekeepers under the Digital Markets Act
The EU is about to declare AWS and Azure gatekeepers under the Digital Markets Act

The European Commission is set to unveil preliminary findings as early as next week stating that Amazon Web Services and Microsoft Azure appear to meet the requirements to be designated as gatekeepers under the Digital Markets Act, Bloomberg reported. …

California expected a tax bonanza from AI IPOs. Modern compensation structures may blunt the windfall.
California expected a tax bonanza from AI IPOs. Modern compensation structures may blunt the windfall.

SpaceX is now valued at $2.5 trillion. OpenAI and Anthropic are expected to go public later this year at valuations approaching $1 trillion each. California, where all three companies are based or have significant operations, should be looking at the l…

Attackers cracked 75,000 Fortinet firewalls with old passwords, not a zero-day
Attackers cracked 75,000 Fortinet firewalls with old passwords, not a zero-day

Security researchers have uncovered a sprawling cache of stolen credentials for Fortinet firewalls, exposing login details for tens of thousands of organisations around the world. The dataset, dubbed “FortiBleed,” contains plaintext usernames, emails a…

EU tells Big Tech to align AI data centres with climate goals or stay away
EU tells Big Tech to align AI data centres with climate goals or stay away

The European Union’s energy chief has told the AI industry it is welcome in Europe, but only on the bloc’s terms. In an interview with Politico, Energy Commissioner Dan Jørgensen said companies must demonstrate commitment to the EU’s energy, climate, a…

ECB’s Lagarde says AI could trigger financial crises and calls for Cold War-style non-proliferation governance
ECB’s Lagarde says AI could trigger financial crises and calls for Cold War-style non-proliferation governance

ECB President Christine Lagarde warned on Wednesday that artificial intelligence could trigger dangerous financial crises and called for global AI governance modelled on the Cold War-era non-proliferation agreements that kept the world safe from nuclea…

China pitches free AI for the developing world as the G7 debates who gets access to American models
China pitches free AI for the developing world as the G7 debates who gets access to American models

China’s top diplomat Wang Yi announced on Wednesday that Beijing is “accelerating the establishment of a global AI cooperation organization” and invited all countries to join. The comments came as the G7 summit in France wrapped up with discussions abo…

FTC freezes sprawling subscription enterprise built on Cyprus and Delaware shells
FTC freezes sprawling subscription enterprise built on Cyprus and Delaware shells

A federal court has temporarily shut down what the US Federal Trade Commission describes as a sprawling enterprise of deceptive subscription apps, freezing the operations of 15 corporations and eight individuals accused of charging consumers without pe…

France breaks EDF’s grip on hydropower with law to auction 6 GW a year
France breaks EDF’s grip on hydropower with law to auction 6 GW a year

France’s Parliament adopted a bill on Tuesday that dismantles the monopoly Électricité de France has held over the country’s hydropower market for decades, according to Bloomberg. The law converts EDF’s hydropower concessions into permits and requires …

Anthropic and Google DeepMind called for a US-led AI coalition at the G7, and Canada said yes
Anthropic and Google DeepMind called for a US-led AI coalition at the G7, and Canada said yes

Anthropic CEO Dario Amodei and Google DeepMind’s Demis Hassabis used a closed-door lunch at the G7 summit on Wednesday to call for a US-led coalition that would shape international rules and standards for artificial intelligence, according to two peopl…