Controversial proposal backed by Big Tech had caused split within Republican party

Rift between two men over flagship tax and spending bill deepens

Plus, Meta’s big private credit talks and what next at BP?

In AI, the message ‘act now or miss out’ has more in common with high-pressure sales than business strategy

Brussels unveils new strategy in effort to boost funding for start-ups and reduce dependence on the US

OpenAI says it will review its compensation to high-profile engineers after being targeted by Meta

The story behind the Facebook founder’s turn toward Trump

Initial rollout will be in ‘beta’ mode that connects to existing websites

Data centre group says business from unnamed new client will start to generate revenue by 2028

Research is first initiative from Big Tech group’s AI health unit formed by ex-DeepMind co-founder Mustafa Suleyman

Plus central bank digital currencies

Also in this newsletter: Could late entrants to the Eurogroup race take Paschal Donohoe’s crown?

US and European industry executives say high electricity prices are holding back efforts to rekindle domestic industry

FSB agents offer money on messaging apps for ‘quests’ to photograph targets and plant bombs

Despite its prowess, China has not been able to overcome dozens of ‘choke points’ that are the essential building blocks of modern manufacturing

US administration has repeatedly delayed deadline for Chinese owner to sell social media platform’s US operations

Rising capital expenditure raises fears of higher energy prices for consumers

Assault marks sharp escalation in campaign, as Zelenskyy calls for more western help with defence systems

Chief executive Jensen Huang leads wave of insider selling as AI demand boosts stock to record high

New president’s pledge to allow won-based stablecoins has led to huge gains in related shares this month