Went

• Mistral AI hosted its first AI summit in Paris, signaling a growing momentum for artificial intelligence development within Europe. • Despite a valuation of approximately $13.6 billion, Mistral remains significantly smaller than US giants like OpenAI, Anthropic, and Google's Gemini. • The event highlighted Europe's struggle to compete with American rivals who possess vastly superior funding and infrastructure networks.

• Only 19 venture-backed European startups went public in 2025, according to data from PitchBook. • This stagnation in the IPO market has triggered a liquidity crisis, forcing founders and investors to keep companies private for longer periods. • To combat this, participants are increasingly turning to Europe's emerging secondary market, which is currently valued at $226 billion.

Mariyah Symone Collington and Kendrick Lamont Key Jr, who also died, had fallen off a cliff during an off-duty hikeThe remains of the second US army soldier who went missing during military exercises in Morocco have been recovered, the army said on Wednesday, ending a multinational search operation that deployed air, naval and artificial intelligence assets.The soldier was identified as Spc Mariyah Symone Collington of Taveres, Florida, the US Army Europe and Africa said in a statement. She was 19 years old. Continue reading...

Keir Starmer’s plan for full state ownership marks latest chapter in Scunthorpe plant’s troubled historyFull nationalisation of British Steel expected in king’s speechNils Pratley: More questions than answers on the futureFour queens – blast furnaces named after Anne, Bess (Elizabeth), Victoria and Mary – loom over the British Steel works at Scunthorpe. Within days the queens could be under public ownership, after Keir Starmer on Monday promised legislation to nationalise the plant.“Strong nations in a world like this need to make steel,” Starmer said on Monday in a speech. The prime minister was hoping decisive action would fend off challenges to his leadership. Continue reading...

Quintessentially almost quadrupled staff in Middle East and Asia less than year before wealthy began to flee GulfThe embattled luxury concierge service co-founded by Queen Camilla’s nephew Ben Elliot embarked on what appeared to be an inopportune hiring spree in the Middle East and Asia before wealthy individuals began fleeing the region because of the US-Israel war on Iran.Quintessentially almost quadrupled staff in the regions from 22 to 84 during its financial year to 30 April 2025, according to newly released annual accounts, which again reported multimillion-pound losses and warned of “material uncertainty” about its future. Continue reading...

Lawmakers and reporters in shock after Washington press event abruptly ends following gunshotsTrump evacuated after shots fired at White House correspondents’ dinner – what we knowWhite House correspondents’ dinner – latest updatesLawmakers and journalists were in shock after a Washington media tradition turned violent on Saturday night, halting the White House correspondents’ dinner while the first course of burrata and greens sat on their plates.“We thought that some of the plates for the dinner fell, and next thing you know, we all went under the table screaming,” said Jamie Raskin, a Maryland congressman who was among the 2,000 attendees gathered to celebrate press freedom. It was the first time that Donald Trump chose to attend the annual Washington event. Continue reading...

Lack of a sustained plan to end the war has convinced US allies that the White House is running out of ideasNearly eight weeks after Donald Trump launched his assault on Iran, the White House has shifted from a strategy of shock-and-awe bombardments and leadership decapitation to a plan of sustained economic pressure as it tests the wills of a regime practiced over decades at wars of attrition.Since the negotiations stalled, the White House has begun to shift its messaging to say it is willing to wait to strike a more durable deal with Iran – despite the growing economic toll inflicted on the world economy by the closure of the strait of Hormuz. The reason, senior officials have said, is because of the joint US-Israeli strikes were so successful that they have fractured Iran’s leadership and prevented a new consolidation of power. Continue reading...

HMRC owed more than £640,00 by company that advised clients such as TikTok, GSK and PalantirPeter Mandelson’s former consultancy business, Global Counsel, went bust owing £4.6m – including more than £600,000 to the taxman – a report by the group’s administrators reveals.The company, which provided advice to high-profile clients including Chinese-owned TikTok, US tech business Palantir and UK pharmaceutical firm GSK, collapsed into administration in February, after it lost a series of accounts over the peer’s relationship with the convicted child sex offender Jeffrey Epstein. Continue reading...

Sgt Celestino Chavez Jr, accounted for in 2025, given full burial honors and posthumous medals in New MexicoThe remains of a US soldier who went missing in action during the Korean war were identified by DNA analysis, and he was recently laid to rest in his hometown of Gallup, New Mexico, authorities said.US army Sgt Celestino Chavez Jr’s burial ended a decades-long saga that began with him being wounded while defending his post near the Changjin (Chosin) Reservoir in North Korea and then being taken to an aid station on 30 November 1950. Chavez, 19, was then reported missing in action three days later, when enemy fighters attacked his convoy. Continue reading...

Christina Marie Plante was reported missing in May of 1994 from Star Valley when she was just 13 years oldSign up for the Breaking News US email to get newsletter alerts in your inboxA woman in Arizona who went missing 32 years ago, when she was just 13 years old, has been found alive, authorities said this week.Christina Marie Plante was reported missing in May of 1994 from Star Valley, Arizona, after she “vanished without a trace from her community”, according to a statement released Wednesday by the Gila county sheriff’s office. Continue reading...

Jess Wilson tried to create a united front – and it worked for a minute. But they just couldn’t help themselvesFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastFor months, a plan has been under way by moderates within the Victorian Liberal party to dislodge a group of conservative women from their prized, top positions on the upper house ballot ahead of the November state election.While they failed to move Bev McArthur and Renee Heath, and Ann-Marie Hermans held on in the second spot, they did claim one major victory by ousting Moira Deeming – by far the most high-profile of the group. Continue reading...

Triple J signed off with the hip-hop anthem Express Yourself while other radio and TV networks filled the air with BBC broadcasts, re-runs and soothing musicSign up for Guardian Australia’s free weekly media newsletter hereBroadcasters had warned their audiences that the ABC would look “a bit different” on Wednesday – and as the clock struck 11am, they weren’t wrong.As more than 2,000 ABC staff walked off the job for the first time in two decades in protest of their working conditions, the public broadcaster’s news channel switched over to the BBC.Sign up to get Guardian Australia’s weekly media diary as a free newsletter Continue reading...