Larry Ellison steps back from the Oracle spotlight as the AI pivot takes over
Larry Ellison steps back from the Oracle spotlight as the AI pivot takes over

Larry Ellison has been absent from Oracle’s earnings calls this year and is not on the billing for next month’s user conference, a year after the company promoted Clay Magouyrk and Mike Sicilia to co-chief executives. Magouyrk built the cloud business …

Nvidia may put $10bn into Anthropic’s IPO, more than Europe’s largest AI round in full
Nvidia may put $10bn into Anthropic’s IPO, more than Europe’s largest AI round in full

Nvidia is in talks to invest up to $10bn in Anthropic’s initial public offering, which seeks as much as $100bn at a valuation near $2trn and would be the largest listing in history. Three days earlier it returned as an investor in Mistral’s EUR 3bn rou…

Saudi Arabia weighs merging EA with Savvy into one gaming giant
Saudi Arabia weighs merging EA with Savvy into one gaming giant

Saudi Arabia’s Public Investment Fund is weighing a merger of Electronic Arts with Savvy Games, which would put Madden NFL and Pokemon Go under one roof. Brussels cleared the EA takeover on competition and foreign subsidy grounds six weeks ago, and com…

More Americans are warming to EVs, a new study finds
More Americans are warming to EVs, a new study finds

The HERE-SBD EV Index finds positive American perceptions of charging infrastructure rose from 28% to 47% in a year, and 60% now expect it to keep improving, even as US battery-electric market share fell to 5.37%. HERE is headquartered in Amsterdam and…

Boston Dynamics spinoff looks to build robots for entertainment
Boston Dynamics spinoff looks to build robots for entertainment

Dynamic Creatures, a Boston Dynamics spinoff, has launched to build robots for theme parks and retail, writing software and buying hardware from Unitree, AgiBot and Boston Dynamics. Europe’s Machinery Regulation covers AI safety functions from January …

Reid Hoffman joins Mosaic Ventures as an advisory partner
Reid Hoffman joins Mosaic Ventures as an advisory partner

Reid Hoffman says he is joining Mosaic Ventures, a London seed and Series A firm that now describes AI in Europe as its sole focus, as an advisory partner. His stated contribution is US connectivity from Silicon Valley, meaning talent, company connecti…

Tech companies are scouting Argentine Patagonia for AI data centres, Reuters reports
Tech companies are scouting Argentine Patagonia for AI data centres, Reuters reports

A stretch of Argentina that mostly exports wind, gas and sheep is being pitched to the companies building AI infrastructure, and some of them are listening. Developers and energy firms are courting hyperscalers for data centre projects across Patagonia…

Volkswagen plans 50,000 more job cuts, taking the total to 100,000
Volkswagen plans 50,000 more job cuts, taking the total to 100,000

Volkswagen’s supervisory board unanimously approved cutting a further 50,000 jobs, bringing planned reductions to 100,000, and left four German plants without secured production from 2031 to 2034. Half that board represents the workforce and Lower Saxo…

New Jersey just legalised cheap plug-in balcony solar panels
New Jersey just legalised cheap plug-in balcony solar panels

New Jersey has legalised plug-in balcony solar up to 1,200W, barring local governments from requiring approvals and stopping landlords from blocking installation. Germany wrote the same right into its civil code in October 2024 and now has 1.31 million…

T-Mobile’s Gopalan turns to home internet and AI after a 25% slide
T-Mobile’s Gopalan turns to home internet and AI after a 25% slide

T-Mobile US chief executive Srini Gopalan declined to comment on a possible merger with parent Deutsche Telekom, days after Elliott built a stake to oppose it. A full combination would put the holding company outside Germany and cut the German state an…