New York freezes new data centres for a year, the first US state to pull the brake
Government and policy
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BUSINESS
Moneybox is Europe’s newest unicorn, and it’s testing London’s new private market to prove it
Moneybox, the UK savings and investing app, is Europe’s newest unicorn at £800m (US$1.1bn). But no fundraise set the price: a £45m staff share sale did, on the London Stock Exchange’s new Pisces market, an early test of whether Britain can keep its fastest-growing tech companies liquid at home.
BUSINESS
Pasqal’s SPAC filings reveal a $2bn French quantum bet, and a French kill switch
Pasqal, France’s neutral-atom quantum champion, is listing on Nasdaq via a SPAC at a $2bn valuation, about 100 times its revenue. Its filings are candid: commercial quantum may never arrive, and any foreign investor wanting a big stake needs the blessing of the French government.
ARTIFICIAL INTELLIGENCE
Half of Gen Z feel guilty using AI at work. Employers now rank it above a degree
Half of Gen Z workers say AI makes them feel guilty, even as employers start to rank AI skills above a university degree. A new global survey reveals a generation racing to learn the tools while unsure they are allowed to use them.
ANTHROPIC
Demis Hassabis wants a Wall Street-style referee for AI, with the power to hit pause
Demis Hassabis, the Nobel laureate behind Google’s AI, says AGI is “a few short years away” and the world is not ready. His fix, laid out in a manifesto on Tuesday: a US-led Standards Body modelled on Wall Street’s FINRA, funded by the labs, that vets frontier models before release and can coordinate an industry-wide slowdown if they get too dangerous.
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