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AI CEOs Converge at G7 as Europe Pushes for Sovereignty
4 sources1 min read
Top AI CEOs join G7 summit amid European sovereignty push OpenAI’s Sam Altman, Google DeepMind’s Demis Hassabis, and Anthropic’s Dario Amodei are attending a G7 working lunch on safe AI deployment, highlighting European concerns over American tech dominance. 1
OpenAI burned through $3.7 billion in Q1 2026 The Information reports that OpenAI’s cash burn reached $3.7 billion in the first quarter of 2026, reflecting the steep cost of developing and running frontier AI models. 2
Hitachi deepens OpenAI tie-up for AI-driven cybersecurity and modernization Hitachi will use OpenAI’s Codex agent to analyze legacy system code and gain access to OpenAI’s models for cyber defense under the Trusted Access for Cyber program, expanding their strategic partnership. 3
HSBC and Google Cloud ink multi-year AI banking partnership HSBC will collaborate with Google DeepMind engineering teams and use Gemini models to deliver over 200 new AI use cases, aiming for more than $100 million in benefits, including hyper-personalised wealth management and financial crime risk tools. 4
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