Established

• Contrary to expectations that AI would primarily benefit new model-builders, recent earnings indicate that established European technology groups are emerging as key winners. • Airbus is leading this trend by integrating AI tools from Mistral and utilizing Scaleway, a subsidiary of the French telecoms group Iliad, for sensitive industrial and defense applications. • This shift matters because it demonstrates how legacy industrial giants can leverage AI to enhance specialized operations rather than being disrupted by new startups.

• Established European tech firms, including SAP, Capgemini, Sopra Steria, and OVHcloud, are seeing a surge in demand and faster growth. • This trend is driven by a market shift as businesses transition from merely experimenting with artificial intelligence to deploying it across their core operations. • The growth is significant enough that several of these companies have upgraded their financial outlooks, positioning them as unexpected winners in the AI race.

Move for greater prominence on social media comes as ministers warn online misinformation risk becoming ‘existential for our democracy’Plans to hand established broadcasters and media companies greater prominence on digital platforms like YouTube and TikTok have been unveiled, as ministers warned online misinformation risked becoming “existential for our democracy”.In proposals that set up a new clash with global tech companies, content from the likes of the BBC, ITV and Channel 4 would have to be awarded more promotion by their algorithms – with special rules considered for times of social unrest or crisis. Continue reading...

Margaret Hodge concerned over use of taxpayers’ money after revelations about former prince’s sublettingUK politics live – latest updatesA former chair of an influential parliamentary committee said it was “shocking” that the public spending watchdog had not established Andrew Mountbatten-Windsor’s income from subletting properties.Dame Margaret Hodge, who previously led the public accounts committee told BBC Radio 4’s Today programme she was “very concerned” that the National Audit Office (NAO) was not able to find how much money the former prince had made from letting properties. Continue reading...