European data centre sales surge amid AI boom

Private capital firms are accelerating sales of European data centres, aiming to capitalise on the US-led AI boom. Deals valued at around €17 billion are expected within weeks, highlighting growing investor interest in digital infrastructure.

Oaktree Capital Management has started selling part of Pure DC, its European and Middle Eastern data centre company, valued at up to €5 billion.

Other firms are joining the rush. Swiss investor Partners Group may raise €4 billion from selling Nordic operator atNorth, while Swedish firm EQT has begun selling GlobalConnect, its Nordic broadband and data centre business, potentially worth €8 billion.

Deutsche Bank’s asset manager DWS and telecoms firm Orange are also reported to be selling stakes in European data centres.

The surge in sales reflects strong demand for assets that offer stable, long-term revenues while enabling current owners to fund infrastructure upgrades. So far in 2025, 162 data centre deals worth $46 billion have closed, with 45 more deals valued at $35 billion pending, according to Synergy Research Group.

Analysts note that the trend mirrors last year’s record activity, which saw 287 deals totalling more than $77 billion. Investors remain focused on Europe as AI-driven growth fuels the need for robust digital infrastructure across the continent.

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A new AI strategy by the EU to cut reliance on the US and China

The EU is preparing to unveil a new strategy to reduce reliance on American and Chinese technology by accelerating the growth of homegrown AI.

The ‘Apply AI strategy’, set to be presented by the EU tech chief Henna Virkkunen, positions AI as a strategic asset essential for the bloc’s competitiveness, security and resilience.

According to draft documents, the plan will prioritise adopting European-made AI tools across healthcare, defence and manufacturing.

Public administrations are expected to play a central role by integrating open-source EU AI systems, providing a market for local start-ups and reducing dependence on foreign platforms. The Commission has pledged €1bn from existing financing programmes to support the initiative.

Brussels has warned that foreign control of the ‘AI stack’ (the hardware and software that underpin advanced systems) could be ‘weaponised’ by state and non-state actors.

These concerns have intensified following Europe’s continued dependence on American tech infrastructure. Meanwhile, China’s rapid progress in AI has further raised fears that the Union risks losing influence in shaping the technology’s future.

Several high-potential AI firms have already been hosted by the EU, including France’s Mistral and Germany’s Helsing. However, they rely heavily on overseas suppliers for software, hardware, and critical minerals.

The Commission wants to accelerate the deployment of European AI-enabled defence tools, such as command-and-control systems, which remain dependent on NATO and US providers. The strategy also outlines investment in sovereign frontier models for areas like space defence.

President Ursula von der Leyen said the bloc aims to ‘speed up AI adoption across the board’ to ensure it does not miss the transformative wave.

Brussels hopes to carve out a more substantial global role in the next phase of technological competition by reframing AI as an industrial sovereignty and security instrument.

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Labour market remains stable despite rapid AI adoption

Surveys show persistent anxiety about AI-driven job losses. Nearly three years after ChatGPT’s launch, labour data indicate that these fears have not materialised. Researchers examined shifts in the US occupational mix since late 2022, comparing them to earlier technological transitions.

Their analysis found that shifts in job composition have been modest, resembling the gradual changes seen during the rise of computers and the internet. The overall pace of occupational change has not accelerated substantially, suggesting that widespread job losses due to AI have not yet occurred.

Industry-level data shows limited impact. High-exposure sectors, such as Information and Professional Services, have seen shifts, but many predate the introduction of ChatGPT. Overall, labour market volatility remains below the levels of historical periods of major change.

To better gauge AI’s impact, the study compared OpenAI’s exposure data with Anthropic’s usage data from Claude. The two show limited correlation, indicating that high exposure does not always imply widespread use, especially outside of software and quantitative roles.

Researchers caution that significant labour effects may take longer to emerge, as seen with past technologies. They argue that transparent, comprehensive usage data from major AI providers will be essential to monitor real impacts over time.

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Meta unveils Candle cable to boost Asia-Pacific connectivity

Meta has announced Candle, a new submarine cable system designed to enhance digital connectivity across East and Southeast Asia. The 8,000-kilometre network will link Japan, Taiwan, the Philippines, Indonesia, Malaysia, and Singapore by 2028, offering a record 570 terabits per second (Tbps) of capacity.

Developed with regional telecommunications partners, Candle will use advanced 24 fibre-pair technology to deliver Meta’s largest bandwidth performance in the Asia-Pacific region.

The company also confirmed progress on several other subsea infrastructure projects. The Bifrost cable now connects Singapore, Indonesia, the Philippines, and the United States, with Mexico expected to join by 2026, adding 260 Tbps of new capacity.

Meanwhile, Echo currently links Guam and California with the same bandwidth, and Apricot has gone live between Japan, Taiwan, and Guam, with future extensions planned to Southeast Asia.

Together, Candle, Bifrost, Echo, and Apricot will improve intra-Asian connectivity and strengthen digital bridges between Asia and the Americas. These projects are part of Meta’s global network investments, including Project Waterworth and 2Africa, aimed at expanding access to AI and digital infrastructure.

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Bezos predicts gigantic gains from the current AI investment bubble

Jeff Bezos has acknowledged that an ‘AI bubble’ is underway but believes its long-term impact will be overwhelmingly positive.

Speaking at Italian Tech Week in Turin, the Amazon founder described it as an ‘industrial bubble’ rather than a purely financial.

He argued that the intense competition and heavy investment will ultimately leave society better off, even if many projects fail. ‘When the dust settles and you see who the winners are, societies benefit from those investors,’ he said, adding that the benefits of AI will be ‘gigantic’.

Bezos’s comments come amid surging spending by Big Tech on AI chips and data centres. Citigroup forecasts that investment will exceed $2.8 trillion by 2029.

OpenAI, Meta, Microsoft, Google and others are pouring billions into infrastructure, with projects like OpenAI’s $500 billion Stargate initiative and Meta’s $29 billion capital raise for AI data centres.

Industry leaders, including Sam Altman of OpenAI, warned of an AI bubble. Yet many argue that, unlike the dot-com era, today’s market is anchored by Nvidia and OpenAI, whose products form the backbone of AI development.

The challenge for tech giants will be finding ways to recover vast investments while sustaining rapid growth.

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AI industry faces recalibration as Altman delays AGI

OpenAI CEO Sam Altman has again adjusted his timeline for achieving artificial general intelligence (AGI). After earlier forecasts for 2023 and 2025, Altman suggests 2030 as a more realistic milestone. The move reflects mounting pressure and shifting expectations in the AI sector.

OpenAI’s public projections come amid challenging financials. Despite a valuation near $500 billion, the company reportedly lost $5 billion last year on $3.7 billion in revenue. Investors remain drawn to ambitious claims of AGI, despite widespread scepticism. Predictions now span from 2026 to 2060.

Experts question whether AGI is feasible under current large language model (LLM) architectures. They point out that LLMs rely on probabilistic patterns in text, lack lived experience, and cannot develop human judgement or intuition from data alone.

Another point of critique is that text-based models cannot fully capture embodied expertise. Fields like law, medicine, or skilled trades depend on hands-on training, tacit knowledge, and real-world context, where AI remains fundamentally limited.

As investors and commentators calibrate expectations, the AI industry may face a reckoning. Altman’s shifting forecasts underscore how hype and uncertainty continue to shape the race toward perceived machine-level intelligence.

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Future of work shaped by AI, flexible ecosystems and soft retirement

As technology reshapes workplaces, how we work is set for significant change in the decade’s second half. Seven key trends are expected to drive this transformation, shaped by technological shifts, evolving employee expectations, and new organisational realities.

AI will continue to play a growing role in 2026. Beyond simply automating tasks, companies will increasingly design AI-native workflows built from the ground up to automate, predict, and support decision-making.

Hybrid and remote work will solidify flexible ecosystems of tools, networks, and spaces to support employees wherever they are. The trend emphasises seamless experiences, global talent access, and stronger links between remote workers and company culture.

The job landscape will continue to change as AI affects hiring in clerical, administrative, and managerial roles, while sectors such as healthcare, education, and construction grow. Human skills, such as empathy, communication, and leadership, will become increasingly valuable.

Data-driven people management will replace intuition-based approaches, with AI used to find patterns and support evidence-based decisions. Employee experience will also become a key differentiator, reflecting customer-focused strategies to attract and retain talent.

An emerging ‘soft retirement’ trend will see healthier older workers reduce hours rather than stop altogether, offering businesses valuable expertise. Those who adapt early to these trends will be better positioned to thrive in the future of work.

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EU kicks off cybersecurity awareness campaign against phishing threats

European Cybersecurity Month (ECSM) 2025 has kicked off, with this year’s campaign centring on the growing threat of phishing attacks.

The initiative, driven by the EU Agency for Cybersecurity (ENISA) and the European Commission, seeks to raise awareness and provide practical guidance to European citizens and organisations.

Phishing is still the primary vector through which threat actors launch social engineering attacks. However, this year’s ECSM materials expand the scope to include variants like SMS phishing (smishing), QR code phishing (quishing), voice phishing (vishing), and business email compromise (BEC).

ENISA warns that as of early 2025, over 80 percent of observed social engineering activity involves using AI in their campaigns, in which language models enable more convincing and scalable scams.

To support the campaign, a variety of tiers of actors, from individual citizens to large organisations, are encouraged to engage in training, simulations, awareness sessions and public outreach under the banner #ThinkB4UClick.

A cross-institutional kick-off event is also scheduled, bringing together the EU institutions, member states and civil society to align messaging and launch coordinated activities.

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Diag2Diag brings fusion reactors closer to commercial viability

Researchers have developed an AI tool that could make fusion power more reliable and affordable. Diag2Diag reconstructs missing sensor data to give scientists a clearer view of plasma, helping address one of fusion energy’s biggest challenges.

Developed through a collaboration led by Princeton University and the US Department of Energy’s Princeton Plasma Physics Laboratory, Diag2Diag analyses multiple diagnostics in real time to generate synthetic, high-resolution data. It improves plasma control and cuts reliance on costly hardware.

A key use of Diag2Diag is improving the study of the plasma pedestal, the fuel’s outer layer. Current methods miss sudden changes or lack detail. The AI fills these gaps without new instruments, helping researchers fine-tune stability.

The system has also advanced research into edge-localised modes, or ELMs, which are bursts of energy that can damage reactor walls. It revealed how magnetic perturbations create ‘magnetic islands’ that flatten plasma temperature and density, supporting a leading theory on ELM suppression.

Although designed for fusion, Diag2Diag could also enhance reliability in fields such as spacecraft monitoring and robotic surgery. For fusion specifically, it supports smaller, cheaper, and more dependable reactors, bringing the prospect of clean, round-the-clock power closer to reality.

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Former Google CEO backs Antarctic drone venture

A reported investment by former Google CEO Eric Schmidt aims to deploy advanced drone systems to navigate Antarctic waters under extreme conditions. The project involves autonomous aerial and underwater drones tailored for polar environments.

Schmidt’s initiative would target the Southern Ocean’s carbon cycle, ice dynamics, and climate modelling. Designers intend drones to operate where traditional vessels cannot, gathering otherwise unreachable data to refine climate models.

Technologies under development reportedly include cold-resistant batteries, autonomous navigation systems, satellite or acoustic communications, and ice-penetrating radar for subsurface mapping. The designs emphasise minimal human intervention.

There is room for application beyond research, including maritime logistics in polar routes and environmental monitoring. If real, the investment could reshape the future of work on how scientists and explorers gather data in remote, hostile regions.

On the other hand, there are criticisms to exploring the area with technologies that could disturb the ecosystem and native species already under other threats. Therefore, careful consideration will have to be made of the ecological impact of this initiative.

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