Ex-Tesla Optimus scientist launches UMA to build Europe’s humanoid robot
Ex-Tesla Optimus scientist launches UMA to build Europe’s humanoid robot

A former Tesla scientist who helped build the intelligence behind Elon Musk’s Optimus robot wants to do it all again from Paris, only this time for Europe. Rémi Cadene, chief executive and co-founder of the startup UMA, has unveiled plans for a lightwe…

Nscale closes a $900m revolving credit facility to fund its data-centre build-out
Nscale closes a $900m revolving credit facility to fund its data-centre build-out

Nscale has closed a $900m revolving credit facility, a standing pool of borrowing it will draw on to speed up its data-centre build-out across the US, Europe, and Asia-Pacific, the company said on Tuesday. The London firm, which raised $2bn in a Series…

Gyre Energy raises $1.3m to make the world’s cold stores work less when power costs most
Gyre Energy raises $1.3m to make the world’s cold stores work less when power costs most

Across a scorching European summer, the least glamorous machines in the economy have been quietly straining. In cold stores and distribution depots, compressors run harder as the mercury climbs, pulling more power at exactly the hours power is dearest….

Judge upholds the verdict that Musk defrauded Twitter investors
Judge upholds the verdict that Musk defrauded Twitter investors

A federal judge has refused to overturn a jury’s finding that Elon Musk defrauded Twitter investors during his $44bn takeover of the platform in 2022. US District Judge Charles Breyer denied Musk’s motion to set aside the verdict in most respects on Mo…

An AI agent just ran a full ransomware attack with no human at the keyboard
An AI agent just ran a full ransomware attack with no human at the keyboard

Security firm Sysdig says it has documented the first ransomware attack run end to end by an AI agent, first reported by Business Insider. A large language model planned, executed, and adapted the entire operation, which Sysdig has named JadePuffer. Th…

WEF founder Klaus Schwab says he found a hidden listening device in his home
WEF founder Klaus Schwab says he found a hidden listening device in his home

Klaus Schwab, founder of the World Economic Forum, says a routine security inspection found a covert listening device in his home office in Geneva, Bloomberg reports. The 88-year-old has filed a criminal complaint against persons unknown. The device wa…

Pegasus hack of the EU’s own spyware investigator sparks calls for urgent action
Pegasus hack of the EU’s own spyware investigator sparks calls for urgent action

Pressure is mounting on the European Commission to act on spyware, after forensic evidence showed one of the EU’s own spyware investigators was hacked with Pegasus. Civil society groups issued a joint statement demanding the abuse be met with accountab…

Hedge funds sold chip stocks for a fourth week, but not the AI trade
Hedge funds sold chip stocks for a fourth week, but not the AI trade

Hedge funds cut their holdings of semiconductor stocks for a fourth straight week, according to Goldman Sachs prime brokerage data, in a run of selling that has made chipmakers and their equipment suppliers the most heavily net-sold corner of the US ma…

The UN says AI is moving faster than the rules, and it has a report to prove it
The UN says AI is moving faster than the rules, and it has a report to prove it

The United Nations has put a number of its concerns about artificial intelligence into a single document, and the headline finding is not subtle. AI capabilities, the organisation says, are accelerating faster than any government’s ability to understan…

Judge grants Alibaba a reprieve from the lobbying ban tied to the Pentagon’s blacklist
Judge grants Alibaba a reprieve from the lobbying ban tied to the Pentagon’s blacklist

A federal judge has ordered the Pentagon to give Alibaba temporary relief from a law that stripped it of every lobbyist it had in Washington, Bloomberg reports. The reprieve stands while the court considers whether the measure is constitutional. The ca…