From the Vatican stage, Anthropic’s Chris Olah says AI cannot be steered by AI labs alone
From the Vatican stage, Anthropic’s Chris Olah says AI cannot be steered by AI labs alone

Sitting alongside Pope Leo XIV at the launch of Magnifica humanitas, the company’s interpretability lead conceded that frontier-lab incentives can pull researchers away from doing the right thing. Christopher Olah, Anthropic’s co-founder and the head o…

Pope Leo XIV tells the Vatican to disarm AI, in the first encyclical of his pontificate
Pope Leo XIV tells the Vatican to disarm AI, in the first encyclical of his pontificate

Magnifica humanitas calls for breaking up monopolistic control of the technology, rules out algorithmic warfare, and is being presented alongside Anthropic co-founder Chris Olah. Pope Leo XIV used the first encyclical of his pontificate, published in R…

Ericsson is leaving Kista for central Stockholm, in the largest office lease in Swedish history
Ericsson is leaving Kista for central Stockholm, in the largest office lease in Swedish history

The 71,000-square-metre Hagastaden campus, signed with Atrium Ljungberg and Castellum, ends more than two decades in the suburb once branded Sweden’s Silicon Valley. Ericsson is moving its global headquarters out of Kista. The Swedish telecoms-equipmen…

UK venture funding doubled to $10.5bn in the first four months of 2026, on the back of three giant rounds
UK venture funding doubled to $10.5bn in the first four months of 2026, on the back of three giant rounds

GlobalData’s count puts the country well clear of the rest of Europe and inside the global top five, but more than 40% of the total came from just three companies: Nscale, Wayve, and Ineffable Intelligence. UK-domiciled companies raised $10.5bn of vent…

Schneider Electric expects its India data-centre business to outgrow the rest of the company
Schneider Electric expects its India data-centre business to outgrow the rest of the company

On a base of 1.5 gigawatts of installed capacity and a national plan to reach six to eight, the French infrastructure group sees its India unit becoming its single biggest business within five years. Schneider Electric expects its India data-centre bus…

Starbucks pulls its AI inventory tool nine months in, after it kept confusing the milks
Starbucks pulls its AI inventory tool nine months in, after it kept confusing the milks

The chain is reverting to manual counts across North America, ending one of CEO Brian Niccol’s more visible technology bets and adding another data point to the file marked “enterprise AI pilots that did not survive contact with the real store.” Starbu…

Kawasaki Heavy ties up with Nvidia on physical AI, and the rideable robot horse gets a foundation model
Kawasaki Heavy ties up with Nvidia on physical AI, and the rideable robot horse gets a foundation model

Shares jumped 12% as the Japanese industrial group opened a San Jose development base with Nvidia, Analog Devices, Microsoft, and Fujitsu, with its four-legged CORLEO mobility concept as the first showcase. Kawasaki Heavy Industries said on Friday it w…

SpaceX used a $20 billion bridge loan to slash Musk’s debt costs in half, IPO filing reveals
SpaceX used a $20 billion bridge loan to slash Musk’s debt costs in half, IPO filing reveals

Elon Musk’s strategy of folding his companies into one conglomerate is already paying off. Regulatory documents filed ahead of SpaceX’s historic IPO reveal that the company secured a $20 billion bridge loan from a group of major banks. That loan was us…

Europe’s go-to-market accelerator for AI Startups launches
Europe’s go-to-market accelerator for AI Startups launches

AcceleratorX, a new breed of startup accelerator purpose-built for AI founders opens Cohort 1 applications – offering startups unprecedented access to a pan-European network of 2,000+ marketing and communications professionals across 30 countries as re…

Grok’s federal stall is undercutting SpaceX’s IPO growth story
Grok’s federal stall is undercutting SpaceX’s IPO growth story

Downloads have fallen from 20m in January to 8.3m in April, paid conversion is a fifth of ChatGPT’s, the $0.42-per-agency GSA deal is now stalled, and SpaceX has rented out the Memphis Colossus 1 cluster to Anthropic for $1.25bn a month. SpaceX’s S-1 f…