Financial Times - August 27
META•Andy Burnham wants to take pressure off business ahead of October Budget
UK Prime Minister Andy Burnham told the FT that he wanted to “add percentage points” to Britain’s growth rate by building closer ties with the EU, starting at a summit pencilled in for November.
Anthropic agrees $45 billion AI data center deal with UK start-up Nscale
Anthropic has struck a deal with UK cloud computing start-up Nscale to rent capacity from its flagship data centre in West Virginia in an agreement worth roughly $45 billion over six years.
Ministers tell Bank of England to boost innovation in digital currencies
The Bank of England will be set a new official objective of boosting innovation in digital currencies and payments, in a strong sign that ministers want the central bank to go further to promote the UK as a hub for stablecoins and other digital assets.
Meta agrees to pay up to $18 billion to settle children’s social media harm case
Meta META.O has agreed to pay up to $18 billion to settle its blockbuster legal battle with US states over alleged failures of child protection and social media addiction, in one of the largest legal settlements ever made by an individual US company.
