FTI Consulting News Bytes Although UK temperatures are cooling down this week, the tech world has been heating up. We begin with the news of Bill Gates’ 6,000-word essay, warning world leaders about the dangers of AI and the risks the technology poses to the labour force. Then, we cover the news that Anthropic is set to spend $45bn to rent AI computing power from Nscale’s West Virginia Data Centre, marking another step in the company’s build-up to an autumn IPO. Also in the U.S., Meta has agreed to an $18bn settlement in its lawsuit against 29 U.S. states regarding child protection on the company’s platforms, after being found liable for breaching several federal and state privacy laws. From courts to cars, autonomous vehicle company Waymo is starting a third venture into Europe, having announced plans to begin phased testing in Germany. Finally, British business leaders are calling out overseas tech giants and the stifling impact they’re having on promising UK-based digital infrastructure and AI firms, advocating for stronger backing from the CMA. This week’s news The AI floodgates are open Tech Billionaire Bill Gates has published a 6,000-word essay warning that AI will introduce “one of the most turbulent times in human history,” reports the Financial Times. Gates issued the warning to world leaders and governments who, in his view, are not prepared for the “turbulent times” the technology will bring. The Microsoft co-founder warned that the response to AI is too slow, calling for certain jobs to be “human reserved” to stop them being replaced by AI. While Gates’ essay contained sweeping concerns about the labour force, the intervention comes amid growing anxiety over the societal and economic impacts of AI, particularly the lack of policies to govern the technology and mitigate risk. U.S. AI frontrunners Anthropic and