Policy & Regulations
The EU moves toward becoming the first major world power to enact laws governing AI.
Editor's take: The week that was — Dec 4-9
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Europe agrees to landmark AI rules in bid to lead global race
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“Other regulatory probes could follow given the growing concentration in AI.”
People
The departure of Tan will come with a slew of elevated roles for some deputies.
Venture Capital
Side Stage Ventures as well as US-based Smash Capital and TIRTA Ventures invested in Leonardo.Ai.
Binance is reassessing its global structure as regulatory pressures mount.
Analysis
Fundraising for AI remains a bright spot for startups this year.
Deals
The deal gives Cubic a valuation of over 900 million euros.
Private Equity
The 14-year Growth Markets Fund II will target wind and solar power and niche investments.
The funds will help the country implement its commitments to climate action under the Paris Agreement.
It currently has 601 million users, up from 345 million at the end of 2020.