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The Valuation Explosion: From $7.5B to $18BFluidstack is currently in advanced talks to secure a $1 billion funding round that would value the AI infrastructure startup at $18 billion. This represents a more than doubling of its valuation from the previous round in December, which reportedly raised around $700 million at a $7.5 billion valuation. The potential lead investor for this new round is Jane Street, a major trading firm expanding into venture capital.Previous Round Details: Led by Situational Awareness, an AGI-focused fund founded by former OpenAI researcher Leopold Aschenbrenner.Supporters: The round was backed by the Collison brothers from Stripe, former GitHub CEO Nat Friedman, and entrepreneur Daniel Gross.Google's Interest: Reports indicate Google was considering a $100 million contribution to the round in February.The Anthropic Partnership: A $50 Billion Bet on InfrastructureThe primary driver behind Fluidstack's skyrocketing valuation is its strategic partnership with Anthropic. In November, Anthropic signed a massive $50 billion deal with Fluidstack to build custom-designed data centers in Texas and New York.Custom Infrastructure: Unlike hyperscalers like AWS or Google Cloud that offer general-purpose computing, Fluidstack builds specialized hardware specifically for AI workloads.Strategic Independence: This deal allows Anthropic to bypass the capacity constraints of public cloud providers and gain greater control over its infrastructure.Market Context: Anthropic primarily relies on AWS and Google Cloud for Claude, but the rapid growth of AI models necessitates bespoke solutions.Strategic Pivot: Relocating HQ and Exiting European ProjectsThe deal with Anthropic has fundamentally altered Fluidstack's global strategy, shifting its focus entirely toward the United States.Headquarters Move: The startup, originally spun out of Oxford and a rising star in Europe, has relocated its headquarters from the U.K. to New York.European Exit: Fluidstack pulled out of a key €10 billion AI project in France to focus exclusively on U.S. opportunities.Client Base: Beyond Anthropic, the company counts Meta, Poolside, Black Forest Labs, and Mistral as key customers.The Future of AI Infrastructure: Specialization Over GeneralizationFluidstack's rapid ascent signals a critical shift in the AI industry. As AI models become more complex and compute-intensive, general-purpose cloud providers are struggling to keep up with demand. The market is increasingly favoring specialized infrastructure providers that can offer bespoke hardware and dedicated capacity, a trend that validates Fluidstack's aggressive expansion strategy.

U.S. Defense Secretary Pete Hegseth announced a "major defence cooperation partnership" with Indonesia during a ceremony at the Pentagon, describing it as a boost to regional stability in the Asia‑Pacific. Indonesian Defence Minister Sjafrie Sjamsoeddin signed the agreement alongside Hegseth, highlighting the depth of the bilateral security relationship. The partnership commits both nations to co‑develop sophisticated asymmetric capabilities and to pioneer next‑generation defence technologies in the maritime, subsurface and autonomous‑systems domains, while also enhancing operational readiness. According to the U.S. Department of Defense, the two armed forces already conduct more than 170 joint exercises each year, a figure that underscores an "active and growing" security tie. Minister Sjafrie expressed enthusiasm, stating that the cooperation should be "enduring for our next generation" and serve the "mutual respect and benefit" of both nations. One day after the signing, Indonesian media reported that Washington is seeking "blanket" overflight access for its military aircraft through Indonesian airspace, a proposal reportedly approved by President Prabowo Subianto. The Indonesian Defence Ministry clarified that discussions are limited to a non‑binding Letter of Intent and that any final agreement must respect Indonesia’s sovereign control over its airspace. Rico Ricardo Sirait, the minister’s spokesperson, emphasized that "authority, control, and oversight over Indonesian airspace rest entirely in our country" and that any regulation will guarantee Indonesia’s right to approve or reject such activities. President Prabowo is slated to meet French President Emmanuel Macron in Paris, following recent talks with Russian President Vladimir Putin on oil matters. Earlier this month, his administration introduced fuel‑rationing measures and a work‑from‑home policy for civil servants to conserve energy amid rising global oil prices. Analysts view the new defence pact as a strategic move to strengthen deterrence against potential regional threats while balancing Indonesia’s insistence on maintaining full sovereignty over its airspace. The outcome of the overflight negotiations will likely shape the future scope of U.S. military operations in Southeast Asia.

The UK's National Energy System Operator (Neso) is set to launch a new initiative urging households to boost their consumption of renewable energy during periods of high production. This move aims to balance the power grid and reduce energy bills, which are expected to rise to almost £2,000 a year from July. Under the plan, households may be encouraged to run appliances like dishwashers and washing machines, or charge electric vehicles, during times when there is a surplus of wind and solar power. Energy suppliers may offer discounted or free electricity during these periods. The goal is to avoid making costly payments to turn off wind and solar farms when demand is low, which ultimately affects energy bills. This approach could prove popular as households face rising energy costs. Great Britain has recently set records for solar power and is expected to have a summer where the grid could run entirely on zero-carbon electricity. The country is also anticipated to be a net importer of electricity from continental Europe. The abundance of low-carbon electricity supplies poses a risk of grid overload on breezy summer weekends, potentially leading to unplanned blackouts. However, future grid upgrades and increased power consumption by electric vehicles and green technologies are expected to mitigate this issue. Businesses and manufacturers will also be able to increase their electricity demand during certain times in exchange for better rates. Additionally, the UK is expected to have sufficient gas supplies to meet its needs this summer, primarily relying on North Sea gas from Norway and the UK.

The latest analysis by HR consultancy Hamilton Nash shows that 54 employment tribunals in England, Scotland and Wales cited remote‑working issues in 2025 – a 13% decline from the previous year and the first drop since the pandemic began.This marks the end of a six‑year upward trend during which tribunal filings related to remote work surged tenfold from the pre‑COVID baseline of 2019. The number of cases peaked at 62 in 2024 but fell sharply to just six in 2025.According to the Office for National Statistics, 28% of working‑age adults in Great Britain now operate in a hybrid model, splitting time between a traditional office and another location such as home. Yet many large employers, notably financial giants Goldman Sachs and JPMorgan Chase, have intensified return‑to‑office mandates, with some demanding five days a week on site.Employment experts attribute the unexpected dip to broader labour‑market dynamics. The UK unemployment rate rose to a near five‑year high of 5.2% in Q4 2025, while job vacancies have continued to fall, shifting bargaining power back toward employers. As Jim Moore, employee‑relations partner at Hamilton Nash, explains, “Top talent did vote with their feet for a while, but that has changed because of wider issues in the labour market and people saying: ‘I am going to stay put and keep my head down.’”Legislative changes may also be curbing tribunal filings. The amended Employment Relations Act, which introduced a right to request flexible working from day one of a new job in April 2024, appears to encourage employees to resolve disputes internally rather than through the courts.Moore warns that tribunal numbers represent “the tip of the iceberg,” noting that much workplace conflict never reaches a public hearing. Adding to employer confidence, a 2024 tribunal decision rejected a senior manager’s claim against the Financial Conduct Authority for the right to work entirely from home, a ruling that, according to Hill Dickinson partner Padma Tadi‑Booth, “may give some encouragement to employers” to tighten office‑attendance policies.Consequently, some firms are already planning to raise on‑site requirements, moving from two to three days a week or mandating a higher percentage of total working hours in the office.Nevertheless, the backlog of employment tribunals remains a significant hurdle. Over 500,000 cases were pending last year, and claimants can expect waits of up to three years for a hearing, potentially deterring future filings.

The new academic term began in Gaza in late March, but the usual bustle of students catching buses to campus has been replaced by the stark reality of displacement.Israel’s relentless campaign has turned most university buildings into rubble and shelters, forcing a shift to online learning that many students in tents cannot access due to lack of electricity, water, food and reliable internet.Against this backdrop, a glimmer of hope has emerged. In the overcrowded al‑Mawasi district of Khan Younis, the US‑based NGO Scholars Without Borders has erected a makeshift “University City,” a wooden and metal structure designed to bring students back into a real lecture hall."Our mission is to bring education closer to students in a better environment," said Hamza Abu Daqqa, the organisation’s Gaza representative.The facility houses six halls that can accommodate up to 600 students each day. Powered by solar panels, it offers internet access, improvised green spaces and even a small business incubator to help students explore entrepreneurial ideas.University City operates on a rotating weekly schedule, allocating each day to a different institution so that multiple universities can share the limited space. Priority is given to courses that require hands‑on instruction, such as practical labs and discussion‑based classes.Prominent Gaza institutions—including the Islamic University, Al‑Azhar University and the Palestine College of Nursing—have already begun using the site.For many students, this is the first time in years they have set foot in a space that feels like a real university. "When I saw this place, I was amazed," said 20‑year‑old nursing student Mariam Nasr, who fled Rafah and now travels four kilometres on foot to attend classes.Another first‑year student, Amr Muhammad, echoed the sentiment: "Being here with other students, discussing and engaging in class makes a huge difference."The broader picture remains grim. UN experts have labeled Israel’s systematic targeting of Gaza’s academic sector as “scholasticide.” More than 7,000 university students and staff have been killed or injured, and over 60 university buildings have been completely demolished, according to the Euro‑Med Human Rights Monitor.Materials for University City were sourced entirely within Gaza, a testament to the community’s resilience amid soaring costs and scarce resources. Yet the initiative is hampered by the same blockade that restricts reconstruction supplies, fuel and safe transport.Students still face daily hurdles: damaged roads, limited cash, and unreliable transport—often relying on worn‑out vehicles, donkey carts or long walks. "My father could only give me eight shekels (about $2.64) for a ride," Mariam explained, highlighting the economic strain.Even once inside the halls, challenges persist. Power outages and unstable internet make it difficult to print materials or follow online lectures, forcing many to rely on old phones and intermittent connections.Nevertheless, the atmosphere inside University City is one of determination. "For medical education, in‑person learning is essential," said Dr Essam Mughari of the Palestine College of Nursing. "Seeing students gather again restores something vital."For students like Mariam, the drive to continue studying is deeply personal. "My cousin, a nurse, was killed when an airstrike destroyed her family’s house. I study to heal others and honor her memory," she said.While University City now serves hundreds daily, thousands of Gaza’s students remain without comparable facilities. Abu Daqqa stresses that the project is only the beginning: "We have built dozens of makeshift schools, but the need is far greater. Imagine what could be done if the needed resources were allowed through."

Netflix's vast library of content often includes films that were initially intended for theatrical release but end up being off-loaded to the streaming platform. The latest example is 'Thrash', a shark thriller that was previously known as 'Beneath the Storm' and 'Shiver'. Despite its promising premise, the film fails to deliver, with critics calling it a messily made, choppily edited and entirely misfiring cavalcade of bad decisions and dodgy accents.The film, directed by Norwegian director Tommy Wirkola, tells the story of a hurricane that destroys a town while also thrusting a pack of bull sharks into the streets and homes of those unlucky enough to still be there. However, the film's distracting sense of inauthenticity and lack of suspense make it a disappointing watch. The cast, including Bridgerton's Phoebe Dynevor and Djimon Hounsou, struggle to elevate the poorly written characters and lackluster dialogue.'Thrash' is now available on Netflix, but it's unlikely to be a hit with viewers. The film's cheap production values and lack of originality make it feel like a low-budget B-movie, rather than a film that was once intended for theatrical release. With Netflix spending around $18bn on content last year, it's surprising that they would accept a film of such poor quality.

The UK government’s latest proposal to ease planning restrictions for large‑scale chicken operations has drawn sharp criticism for being short‑sighted and potentially jeopardising the nation’s food resilience.Advocates of the change argue that lower stocking densities constitute a modest welfare improvement, yet critics contend this is a minor concession that does little to address the systemic cruelty of intensive poultry systems. Moreover, the fast‑growing, low‑welfare breeds used in these units depend almost entirely on imported soy for feed, creating a strategic vulnerability to trade disruptions – a risk highlighted by the ongoing conflict in Iran.Beyond ethical concerns, the model is increasingly economically unsustainable. Frequent disease outbreaks, soaring energy prices and extreme weather events such as heatwaves and flooding are already eroding profitability and further degrading animal welfare. These pressures underscore the fragility of a sector that remains heavily reliant on a single, high‑intensity production model.Local communities have also voiced strong opposition, with recent planning objections succeeding and legal actions launched against producers and retailers for alleged environmental damage. This grassroots resistance signals a growing public demand for a more nature‑friendly agricultural framework.Stakeholders, including World Animal Protection’s UK country director Ruth Tanner, call for an immediate halt to the proposed deregulation. They propose capping the number of industrial units and investing in alternatives such as agroforestry and regenerative farming, which promise a more resilient, high‑welfare, and equitable future for British agriculture.

Liverpool's Champions League hopes were dealt a significant blow as they were outplayed by PSG in a disappointing performance, leaving them to face a tough second leg. The Reds created almost nothing throughout the game and were fortunate to escape with only a two-goal deficit.In a dramatic turn of events at Barcelona, Pau Cubarsi's red card and a stunning Julián Alvarez free-kick handed Atlético Madrid a crucial advantage in their quarter-final tie. This pivotal moment shifted the momentum entirely in favor of Atlético, setting up an intense second leg in Madrid.The podcast also previews huge Premier League games at both the top and bottom of the table, discusses Fifa's new partnership, and answers listener questions.

Cornish film-maker Mark Jenkin has brought his latest film, Rose of Nevada, to his hometown of Newlyn in Cornwall. The film, a ghostly time travel tale, has received excellent early reviews and features Jenkin's signature authentic storytelling.Jenkin, who is from Newlyn, expressed his pride in Cornwall, stating, “This is the greatest town in the world. I see Cornwall as being at the centre of the world.” He emphasized the importance of showcasing Cornwall's culture and community in his films.The film was shot entirely in Cornwall, using a clockwork Bolex camera and featuring a working fishing boat. Jenkin's vision for his homeland is central to the film, rather than using it as a backdrop.Jenkin's success has put a spotlight on Cornwall, with other filmmakers, such as Brett Harvey and Dan Simpkins, highlighting the growing recognition of regional film-making. Laura Giles of Screen Cornwall noted that Jenkin is a “talisman for Cornish film-making” and that there are other emerging filmmakers in the region.The film's producer, Denzil Monk, emphasized the importance of sustainability and inclusivity in the production, stating, “We try to step very lightly” in terms of impact on the environment and community.