Amazon has built its 1,000th broadband satellite and says service is weeks away, having cut production from 27 satellites in six months to 27 a week, while the number in orbit is still 396. That shortfall cost it spectrum priority in July, and the FCC will hand it back early if Amazon proves it has […]

Apple is moving its mergers and acquisitions team back under chief financial officer Kevan Parekh, who ended the company’s net cash neutral policy in May in a move analysts read as room to buy things. It also promoted Carson Oliver to run the App Store, a job that is now mostly about European regulation. Apple […]

Europe’s venture-backed companies could be worth more than its industrial base within five years, Dealroom founder and chief executive Yoram Wijngaarde said. He spoke at Wave by Vento in Turin on Thursday. “I think that the VC-backed ecosystem is going to overtake our industrial base in terms of total value created within the next five […]

Five American technology companies are pledging $2.4B in AI tools and compute credits to federal science at a White House summit, with Nvidia giving $1B and Google the smallest share at $150M. The same administration suspended Microsoft from a residency programme hours earlier, and Britain’s regulator named three of the five donors that morning. Five […]

Established software companies have to rebuild their products around AI, not add it as one more feature, SAP’s chief AI strategy officer Sean Kask said. He spoke at Wave by Vento in Turin on Thursday. “Like the famous quip that every company is becoming a software company, every software company has to become an AI […]

Oracle is trucking compressed natural gas to AI data centres that cannot yet connect to a pipeline, at roughly four times the price of gas at a hub. Europe has the same grid bottleneck and is answering it the other way, with Spain proposing to refuse connections to any data centre not on 80% renewables […]

Legora co-founder and chief executive Max Junestrand says calls for European sovereignty in software are an excuse for companies that are not bold enough to go global. He spoke at Wave by Vento in Turin on Thursday. “I think sovereignty in enterprise applications, or sovereignty in consumer apps, or sovereignty at the software layer is […]

AI makes it possible to build a company from anywhere, but founders are still choosing to sit together, Station F director Roxanne Varza and Anthropic’s Aiden Blake said. They spoke on a panel at Wave by Vento in Turin on Thursday. “What’s really interesting is we’re seeing more and more people coming since the ‘AI […]

Greg Joswiak, Apple’s senior vice president of worldwide marketing, posted a teaser video on X on Thursday. It shows the old rainbow Apple logo, embroidered, and sets a launch for Tuesday 13 October. “Welcome home. October 13,” Joswiak wrote. Apple invited the press to an “Apple Experience” in Tribeca, New York, at 9am Eastern time, […]

Arena has raised $200M at a $3.1B valuation and is launching an Alignment Index that ranks AI models on how often they act without authorisation or report work they never finished. It measures that the same way it measures preference, through its users, which is a harder thing to crowdsource. Arena has raised $200M at […]