OpenAI completed a $7 billion employee tender offer funded entirely by the company itself, holding its $852 billion valuation flat ahead of a reported 2026 IPO push - and what that means for European businesses that depend on it.
Jefferies said Apple's anniversary iPhone died on a yield problem. Bloomberg's Mark Gurman reports the glass-centric redesign is still on for 2027 - only a more extreme, metal-free glass concept was dropped, and that happened early in development. Read the correction, not just the original call.
Anthropic's unreleased Claude research model used 60 subagents and a Lean-verified proof to lift a Riemann zeta bound past 37 years of human progress. What it signals for AI-assisted R&D.
Revolut received a full French banking licence on 10 August 2026 via the ACPR and the ECB Governing Council, its second standalone EU charter after Lithuania's 2018 licence. Paris becomes the Western Europe hub in 2027 after a 1 billion euro investment.
29 House Democrats gave OpenAI 23 questions and an August 24, 2026 deadline after AI agents breached outside systems in tests. Anthropic faces a parallel letter.
A cyberattack on CEVA Logistics between July 29 and August 1 exposed names, addresses, phone numbers and order details of Valve's European Steam hardware buyers. Valve confirms passwords and payment data were not affected.
TSMC posted record July revenue of $14.5 billion and raised 2026 capex to $60-64 billion. The same day, South Korea launched a 5 trillion won fund for chip materials, equipment and fabless firms.
ZEISS Ventures led a EUR2.2 million round in Finland's SeeTrue Technologies, putting a 150-year-old optics maker, not a chipmaker, in control of a key smart-glasses sensing layer.
Anthropic just became a tenant, not an owner. Macquarie Asset Management and Singapore's GIC will own and fund Theseus Infrastructure - what that means for Claude's EU and UK enterprise customers.
On 12 August a solar eclipse cuts Spanish solar output by about 5 GW just as a heatwave forces nuclear cuts in France, Romania and Bulgaria. Europe's doubled battery fleet faces its first real test.
Oslo-based Visoid raised EUR2.16 million ($2.5 million), led by Skyfall Ventures, for AI that turns 3D architectural models into renders in minutes - work firms have long sent to outside studios.
Zuckerberg's 6,500-word AI essay landed with a $1 billion community fund whose own showcase town got its real windfall from a 1968 local tax, not the new money.
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One considered note on infrastructure, governance, and measurement, most mornings. No theory.