🛰️ White House launches Genesis Mission to supercharge AI science
A new executive order stands up a cross-government push to turn federal data into discoveries-think national labs, universities, and industry all piping into one AI platform. The Department of Energy is steering, with national-security guardrails baked in.
Critics are already muttering about energy demand and centralisation, but the pitch is bold and moonshot-y… which is kind of the point.
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🏛️ Lagarde warns Europe is missing the AI boat
In a candid speech, the ECB chief warned Europe risks dependency if it just buys AI from abroad-calling for homegrown compute, chips, and data centres. She also nudged for integrated capital markets to finance the heavy lift.
It’s a politely spiky message… diversify or drift.
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🏗️ Amazon pledges up to $50bn for AI and supercomputing for US agencies
AWS plans to expand dedicated capacity for thousands of public-sector customers, promising tailored AI, serious HPC, and cost savings-yes, that old chestnut.
Big cheque, big footprint, and, honestly, big questions about where all that power and water come from.
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🧪 UK opens Sovereign AI call for autonomous labs
The government kicked off market engagement to map what industry and researchers can deliver for autonomous labs-a building block for domestic AI capability.
It’s early stage, but the signal is clear: more sovereign stack, fewer surprises later.
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🧮 PRA hosts AI model risk roundtable
The Bank of England’s regulator convened banks to grind through model risk on AI and ML under SS1/23-not glamorous, deeply necessary.
Expect more plumbing like this as boards realise prompt vibes are not a control framework.
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📉 UK study says AI could displace 3m low skilled roles by 2035
Trades, machine ops, admin-the usual suspects-top the risk list, with the kicker that reskilling needs to run faster than anyone feels comfy with.
Grim on paper, but the nuance is in job churn and wage ladders… or so it seems.
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🌍 TechScape: EU loosens AI reins while US tries to preempt state rules
A spicy column tracks Brussels softening its stance as investments swell, while Washington eyes limiting state-level AI laws-symmetry of sorts, or just lobbying gravity.
There’s market color too-chip giants riding the boom, antitrust tides shifting, and a nagging sense the guardrails keep moving.
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