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Bank of England shows openness to stablecoins in wholesale markets. Sasha Mills, Executive Director of Financial Market Infrastructure, indicated a potential role for stablecoins in wholesale markets, signalling a shift from the Bank’s cautious stance, amidst industry feedback.
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The EU has launched a five-pillar quantum plan. The Commission wants Europe to become a “quantum industrial powerhouse” by 2030 — and is drawing up a Quantum Act to boost investment, secure infrastructure, and scale start-ups. Six pilot chip lines and a new quantum academy will launch by 2026.
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Europe’s AI future hinges on grid speed. A new report warns that poor electricity grid planning could result in 13-year connection delays for data centres, pushing billions in investment away from the continent’s traditional tech hubs and towards more agile markets in southern and central Europe.
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Quantum innovation programme to power advanced connectivity in the UK.
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Bengio says AI now needs watchdogs smarter than the models themselves.
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Jensen Huang warns that restrictions have backfired, accelerating Chinese innovation and costing US firms billions.
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New benchmarks show smaller AI models delivering near-equivalent performance to GPT-4 — at a fraction of the compute cost.
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Cambridge-based battery innovator Nyobolt has raised $30 million, with aims to expand into sectors like autonomous warehouse robots, heavy-duty vehicles, and mainstream electric vehicles.