Section
Future
Future on Europa Now: AI, climate tech and the long bets that will decide what Europe builds next.
AI
SoftBank Completes OpenAI Bet With Final $10 Billion Payment
The Japanese investment giant has now deployed $64.6 billion into OpenAI, securing a 13% stake after settling the last instalment of its $30 billion commitment.
Climate Tech
SK On Locks in $800M LFP Supply Deal with POSCO Future M Through 2029
South Korea's POSCO Future M has secured a multi-year contract to deliver lithium iron phosphate cathode material to battery maker SK On, marking the supplier's first cathode agreement with the manufacturer.
AI
Japan launches $140bn AI data centre programme with Dell and JERA
Japan's largest power utility is partnering with Dell and UK developer RHAELM to construct artificial intelligence data centres nationwide, with the initial 400MW facility near Tokyo carrying a price tag exceeding $15bn.
AI
OpenAI Dismisses Three Employees Over Unauthorized Information Sharing
The company terminated staff members accused of disclosing sensitive details to an external AI testing organization, marking another setback in a difficult period for the firm's safety operations.
AI
US Consumer Finance Watchdog Left Unsecured IT Equipment in Four Shuttered Offices
When the CFPB closed regional hubs in early 2025, it abandoned technology infrastructure without confirming whether sensitive data remained protected. Federal auditors have flagged the security lapse as an urgent management concern.
Climate Tech
GM's Electric Sales Plummet as US Subsidy Ends, While Europe Maintains EV Momentum
General Motors saw its third-quarter sales decline 5.5% with electric vehicle purchases collapsing after the American federal tax credit expired, contrasting sharply with Europe's sustained EV adoption driven by regulatory mandates.
Climate Tech
Northvolt's Recycling Legacy Lives On as Refinyx Launches with 134 Patents
A new Swedish venture built by former Northvolt Revolt executives has acquired the battery recycling technology and intellectual property that underpinned the defunct division's work, backed by Qarlbo Energy and already securing a major U.S. customer.
AI
Musk, Luckey and Gingrich Lead Pentagon's 120-Day Push to Map Future Warfare Technology
The US Department of War has tasked three high-profile figures with identifying the weapons and capabilities needed for next-generation combat. Project Meridian will deliver findings by January 2027, spanning domains from underground to cislunar space.