Why Cohere is tripling its London bet

Good morning from the only place in France I can the internet, a supermarket cafe.

News In Brief 🩳

Raising: Chip startup Fractile is in talks to raise fresh funds at a valuation of $6.5 billion, Bloomberg reports.

Info action: The prime minister should lead a new 'information resilience' strategy, challenge digital regulators to act faster and take charge of the Defending Democracy Taskforce, Demos argues in a report out this week. The document, which has been sent to No.10, includes wide-ranging recommendations to place information security at the centre of government.

Full briefs: The Department for Business, Innovation, Science and Technology (BIST) has published the exact responsibilities of its individual ministers. Kate Dearden will look after competition policy, Liz Lloyd has the Regulatory Innovation Office, Anas Sarwar, digital trade, while Kanishka Narayan leads on pretty much everything AI related. Narayan has also hired two SpAds; Tom Blake, who used to work for his parliamentary office will lead on policy, while Ben Craig will lead on the comms side.

Working on it: BIST has also been tasked by the Cabinet Office to look at the economic impact of UK businesses being blocked from the latest frontier AI models, the FT first reported.

No ban: The SNP has stopped short of a data centre moratorium in Scotland, but councils will have to instead alert Holyrood when it receives a data centre application of more than 50MW, The Times reports. Meanwhile, a massive 180MW data centre is being planned for a former industrial site in Charlton.

Congrats: Callosum, founded by two Cambridge scientists to work on compute bottlenecks, has raised a $100m seed round led by Atomico with investment also coming from Plural and the Sovereign AI Unit.

And finally: An AI receptionist is struggling to understand Yorkshire accents.