Europe's AI firms, playing catch-up, challenge US calls for slowdown - The Economic Times

• US cybersecurity researchers used Anthropic’s Claude chatbot to ethically hack OpenAI's systems. • The researchers stated that the scope of what they could theoretically access during the breach was huge.

• The European Innovation Council identified 25 technology signals to help investors find emerging markets before they fully form. • Recent funding rounds included a €1.2 billion Series C for NEURA Robotics and a €93 million Series B for Sereact.

• AI industry leaders and world governments are divided over whether to slow the development of increasingly powerful artificial intelligence to avoid catastrophic risks. • Executives from OpenAI, Anthropic, and SpaceX are calling for a coordinated slowdown, while Meta CEO Mark Zuckerberg advocates for safeguards driven by the market.

• Village Media and several Nordic newsbrands, including VG and Aftenposten, have entered agreements to provide their content to OpenAI. • The partnership allows OpenAI to use articles from brands like Aftonbladet and Svenska Dagbladet to provide attributed, up-to-date news summaries.

• Leading European artificial intelligence firms rejected recent calls from the United States to slow the pace of AI progress. • These companies are advocating for accelerated development and fair regulation to challenge the current dominance of US-based AI firms.

• Five startups across the AI, semiconductor, enterprise software, HR tech, and interactive content sectors raised a combined USD 310.7 million this week. • The funding wave was driven primarily by companies specializing in artificial intelligence and semiconductor technology.

• Moxin Technology, an AI startup led by Zhejiang University graduate Chen Tianrun, is nearing the completion of a new funding round. • Insiders report the funding amount could reach the billion-yuan level, pushing the company's total valuation to nearly 10 billion yuan.

• South Korea implemented an expanded espionage law this week to prevent the overseas leak of strategic semiconductor technology. • LG Chem and China's Jianghua Micro are collaborating to build a local supply chain for ultra-high-purity isopropyl alcohol used to clean silicon wafers.

• Quantum Foundry Copenhagen and the Novo Nordisk Foundation announced the establishment of a quantum chip fabrication facility in Denmark on September 4, 2026. • The new facility will cover 5,300 square meters and is scheduled to be fully operational by 2027.

• Singapore's electronics exports reached record highs recently as demand surged for AI-related servers, chips, and disk drives. • Export volumes for electronics grew by 132%, leading to an increase in overall economic growth forecasts.

• Salesforce is adopting a headless architecture and API-first strategy to decouple its frontend from its backend services. • This shift allows developers to use their own preferred tools to build the user interface, known as the "head," rather than relying on a built-in suite.