Next week, Paris will host the AI Action Summit, where representatives from nearly 100 nations, including the US and China, will gather to discuss the future of AI. With the backing of both France and India, the summit aims to address AI development’s safe deployment, focusing on areas where France has a competitive edge, such as open-source systems and clean energy for powering data centres. The summit will also look at AI’s impact on labour markets and the promotion of national sovereignty in the increasingly global AI landscape.
Key industry figures, including top executives from Alphabet and Microsoft, are expected to attend. Discussions will involve a range of topics, including a potential non-binding communiqué that could reflect a global consensus on AI principles. However, it remains uncertain whether the US will align fully with other countries, given the Trump administration’s policies and tensions over issues like AI chip exports to China.
Unlike previous AI summits, which focused on safety regulations, the Paris event will not be creating new rules. Instead, the emphasis will be on how to ensure the benefits of AI reach developing nations, particularly through affordable AI models. In addition, France plans to showcase its clean energy capabilities, leveraging its nuclear power sector to address the growing energy demands of AI technologies, with some commitments expected from businesses and philanthropies to support public-interest AI projects globally.
Belgium‘s new government, led by Prime Minister Bart De Wever, has announced plans to utilise AI tools in law enforcement, including facial recognition technology for detecting criminals. The initiative will be overseen by Vanessa Matz, the country’s first federal minister for digitalisation, AI, and privacy. The AI policy is set to comply with the EU’s AI Act, which bans high-risk systems like facial recognition but allows exceptions for law enforcement under strict regulations.
Alongside AI applications, the Belgian government also aims to combat disinformation by promoting transparency in online platforms and increasing collaboration with tech companies and media. The government’s approach to digitalisation also includes a long-term strategy to improve telecom infrastructure, focusing on providing ultra-fast internet access to all companies by 2030 and preparing for potential 6G rollouts.
The government has outlined a significant digital strategy that seeks to balance technological advancements with strong privacy and legal protections. As part of this, they are working on expanding camera legislation for smarter surveillance applications. These moves are part of broader efforts to strengthen the country’s digital capabilities in the coming years.
The new OpenBusiness information system launched on Monday, replacing the previous NotifyBusiness system, which is now accessible only in a read-only format. The Greek Ministry of Development highlighted that OpenBusiness streamlines business procedures, significantly cutting costs, installation time, and startup delays for both private and public sector enterprises.
Minister Takis Theodorikakos praised the system, stating that it simplifies processes, reduces costs and time for starting economic activities, and enhances public administration efficiency.
OpenBusiness supports the licensing of 57 key economic activities and covers around 2,500 codes, offering businesses a more modern and accessible platform for their operations. It is designed to reduce bureaucracy, improve transparency, and foster a better business environment.
Dubai-based startup Qeen.ai has raised $10 million in a seed funding round led by Prosus Ventures to scale its AI-powered e-commerce platform. Founded by former Google and DeepMind researchers, the company develops autonomous AI agents that help businesses automate marketing, content creation, and sales, allowing smaller merchants to compete more effectively without relying on costly agencies or ad expertise.
Qeen.ai’s proprietary AI technology, which continuously learns from consumer interactions, has already generated over a million product descriptions and helped boost merchant sales by 30%. Its AI-powered Dynamic Content agent personalises online shopping experiences, adjusting marketing strategies in real time based on user behaviour. Since launching in mid-2024, the platform has served 15 million users, with notable clients including Dubai Store, 6th Street, and Jumia.
The startup plans to use the fresh funding to expand its team and enhance its AI capabilities, focusing first on the Middle East before expanding globally. With the e-commerce market in the MENA region expected to reach $50 billion by 2025, Qeen.ai aims to establish itself as a key player in AI-driven retail automation.
OpenAI has announced a new partnership with Kakao to develop AI products for South Korea. This marks OpenAI’s second major alliance in Asia this week, following a similar deal with SoftBank for AI services in Japan. OpenAI CEO Sam Altman, who is on a tour of Asia, also met with leaders from Samsung Electronics, SoftBank, and Arm Holdings. The partnership with Kakao is seen as part of OpenAI’s broader strategy to expand its AI presence in the region, with a focus on messaging and AI applications.
Kakao, which operates South Korea’s dominant messaging app KakaoTalk, plans to integrate OpenAI’s technology into its services as part of its push to grow its AI capabilities. Although Kakao has lagged behind rival Naver in the AI race, the company is positioning AI as a key growth engine. Altman highlighted the importance of South Korea’s energy, semiconductor, and internet sectors in driving demand for AI products, noting that many local companies will play a role in OpenAI’s Stargate data centre project in the US.
In addition to his work with Kakao, Altman met with executives from SK Group and Samsung to discuss AI chips and potential cooperation. SK Hynix, a key player in the production of AI processors, has been in discussions with OpenAI regarding collaboration in the AI ecosystem. Altman also indicated that OpenAI is actively considering involvement in South Korea’s national AI computing centre project, which is expected to attract up to $1.4 billion in investment.
Following the announcement, Kakao’s stock fell by 2%, after a 9% surge the previous day.
US telecom giant AT&T and Finnish network equipment maker Nokia have signed a multi-year agreement to upgrade AT&T’s voice services and 5G network automation. This deal comes after Nokia lost a significant contract to Swedish rival Ericsson in 2023, which led to Ericsson securing a $14 billion deal to build a network for AT&T covering 70% of its US wireless traffic by 2026. Nokia, however, remains involved with AT&T through a smaller agreement for fibre network development and a new contract focused on cloud-based voice applications and network automation.
The deal will enhance AT&T’s core network, enabling new voice services, including the integration of AI and machine learning. Although the financial details of the agreement were not disclosed, Nokia’s involvement is seen as crucial in bolstering its long-standing relationship with AT&T. Nokia’s president of Cloud and Network Services, Raghav Sahgal, emphasised that this agreement will allow for the deployment of new 5G functionalities.
Nokia recently reported stronger-than-expected earnings, driven by higher demand for telecoms equipment, particularly in North America and India. The company remains optimistic about its prospects in 2025, especially with plans to capitalise on the AI boom. Last year, Nokia also agreed to acquire Infinera for $2.3 billion to strengthen its position in the growing data centre and AI markets.
Waabi, a self-driving technology company, announced a partnership with Volvo’s driverless systems unit on Tuesday to develop autonomous big rigs. The collaboration aims to integrate Waabi’s virtual driver system, sensors, and computing into Volvo’s VNL Autonomous truck, which will be produced at Volvo’s New River Valley factory in Virginia.
The partnership comes as truck manufacturers and fleets look for ways to address driver shortages and reduce operational costs. Waabi, backed by Nvidia and Uber, uses its digital simulator, Waabi World, for testing and validation, with plans to launch commercial pilots in Texas within four years.
Unlike Tesla, which relies on a vision-only approach for its self-driving technology, Waabi uses a unique system to simulate real-world driving situations. The company also indicated that the deal with Volvo is not exclusive and they aim to integrate their technology with other truck manufacturers.
Volvo’s venture capital arm invested in Waabi in 2023, joining other backers such as Khosla Ventures and Porsche Automobil Holding. Waabi’s CEO Raquel Urtasun said trucking was a natural starting point for their technology, with plans to expand into areas like robotaxis and humanoid robots in the future.
Young people in Guernsey are being offered a free six-week course on AI to help them understand both the opportunities and challenges of the technology. Run by Digital Greenhouse in St Peter Port, the programme is open to students and graduates over the age of 16, regardless of their academic background. Experts from University College London (UCL) deliver the lessons remotely each week.
Jenny de la Mare from Digital Greenhouse said the course was designed to “inform and inspire” participants while helping them stand out in job and university applications. She emphasised that the programme was not limited to STEM students and could serve as a strong introduction to AI for anyone interested in the field.
Recognising that young people in Guernsey may have fewer opportunities to attend major tech events in the UK, organisers hope the course will give them a competitive edge. The programme has already started but is still open for registrations, with interested individuals encouraged to contact Digital Greenhouse.
Norwegian-founded startup Tana has raised $25 million to fuel its AI-powered productivity platform, which has already drawn significant attention with a waitlist of over 160,000 users. The company’s software uses AI to streamline task management, automatically capturing, organising, and acting on information from meetings, notes, and conversations. With an approach reminiscent of object-oriented programming, its ‘Supertag’ feature transforms unstructured data into actionable insights.
Led by Tola Capital, the latest funding round brings Tana’s valuation to $100 million, with backing from investors such as Lightspeed Venture Partners and Northzone. Angel investors include notable tech figures like Google Maps co-founder Lars Rasmussen and Dropbox co-founder Arash Ferdowsi, highlighting the growing interest in AI-driven workplace tools. The startup, headquartered in Palo Alto with operations in Norway, is spearheaded by ex-Googlers Tarjei Vassbotn and Grim Iversen, the latter having worked on the now-defunct Google Wave.
Tana integrates with multiple workplace tools like Zoom and is designed to evolve as it processes more data, aiming to address long-standing challenges in productivity software. While currently best suited for tech-savvy professionals, the founders believe their AI knowledge graph will reshape how businesses handle information in the future. Investors are betting on Tana’s long-term vision, with some already using the platform to manage their own operations.
SoftBank Group CEO Masayoshi Son announced on Monday that he has agreed with OpenAI CEO Sam Altman to establish a joint venture in Japan, called SB OpenAI Japan, to offer AI services to corporate clients. This venture will be jointly owned by OpenAI and a company set up by SoftBank and its telecoms arm. In addition, SoftBank will pay $3 billion annually to integrate OpenAI’s technology across its group companies.
Son’s involvement with OpenAI is deepening, with reports indicating that SoftBank plans to invest between $15 billion and $25 billion in the company. SoftBank is also committing $15 billion to Stargate, a joint venture with OpenAI and Oracle to build AI capacity in the US. Son’s support for OpenAI follows a period of retrenchment for the investment giant, but he is reasserting his influence in the tech sector after setbacks in SoftBank’s tech portfolio.
In the context of rising competition, China’s DeepSeek has prompted some investors to question the immense funds being poured into US-based AI companies. However, Altman believes global demand for AI computing power will continue to surge. Son and Altman also met with Japanese Prime Minister Shigeru Ishiba on Monday to discuss further developments.
