The EU and US make a deal, AI model poses in Vogue, datacentres cause spike in energy bills, and more.
News from 24 July - 31 July 2025
The EU and US Make a Deal
This Sunday, the European Union agreed to a trade deal with the US at Donald Trump’s golf resort in Scotland after a tense three-month standoff.
Under the terms of the deal, the US will reduce its tariffs on EU goods to 15%, except for steel, which will still be taxed at 50%, while the EU will remove all tariffs on US goods altogether. The EU also committed to buying £560 billion in energy from the US over the next 3 years and promises to invest £450 billion into the country.
Several prominent European politicians criticised the deal, including the French prime minister, François Bayrou, who said it was a dark day for the EU. European trade commissioner Maroš Šefčovič: “It’s quite obvious that the world that was there before 2 April has gone.”
Brits Get VPNs En Mass
According to Swiss company Proton VPN, VPN sign-ups in the UK have increased by 1,400% since websites started verifying the ages of British users, so that now, half of the top ten apps in the Apple App Store offer VPN services.
To comply with the new Online Safety Bill, sites must ensure users are over the age of 18. Users can verify their ages by uploading selfies or government IDs.
However, privacy campaigners are concerned that this will make sites more vulnerable to hackers. The dating safety service app, Tea, was hacked last week, with thousands of selfies and photo IDs used during verification leaked to 4chan. Ofcom spokesperson: “Age checks are not a silver bullet, and some determined teenagers may get around them.”
Sam Altman Warns of AI Fraud
OpenAI CEO Sam Altman warned of a looming AI-generated fraud crisis, arguing that the banking industry will have to undergo significant reforms.
This comes after a rise in sophisticated phishing and social engineering attacks, including an incident earlier this month when a fraudster used synthetic AI to imitate the voice of Secretary of State Marco Rubio to contact three foreign ministers, a US governor, and a US Member of Congress to access classified information.
Sam Altman: "A thing that terrifies me is apparently there are still some financial institutions that will accept a voice print as authentication for you to move a lot of money or do something else."
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