AI researcher and engineer shaping vision, OpenAI and Tesla veteran
Scotland’s top 500 companies show rising private equity involvement, with US and international investors accounting for nearly 60% of PE stakes. Owners face retirement pressures and calls to derisk wealth as technology and tax changes bite. The data, drawn from Companies House filings and Insider interviews, highlights a shift toward PE-backed growth and governance enhancements.
Pope Leo XIV has issued a 42,000‑word encyclical, Magnifica Humanitas, calling for AI to be "disarmed," urging legal frameworks, independent oversight and protections for workers and children, and declaring that lethal decisions must not be entrusted to algorithms. The Vatican has involved Anthropic co‑founder Chris Olah in the launch, prompting debate about church‑industry ties.
SoftBank founder Masayoshi Son has argued data centers in space offer little cost benefit and that the AI race will be decided by Earth-based compute. He cites power costs, transport, and delays as barriers to orbital data centers, while emphasising the ongoing importance of on-Earth infrastructure.
Emergent has raised $300 million in a Series C, valuing the Bengaluru-based AI coding startup at $1.5 billion. The round, led by Creaegis and joined by Claypond and Sentinel Global, comes as India accelerates its AI ambitions amid growing investor interest and a larger ecosystem.