Signal

Good morning. The Starmer government is facing serious turbulence over Peter Mandelson's appointment as US ambassador, with the Foreign Office's top civil servant Olly Robbins forced out after security vetting was overruled despite Mandelson's ties to Jeffrey Epstein. The prime minister is reportedly furious about how the whole affair has been handled, and he's now accused of misleading MPs about the appointment process. Meanwhile, Trump is signaling potential diplomatic engagement with Iran, saying the conflict "should be ending pretty soon" as a Lebanon ceasefire takes hold, with possible US-Iran talks scheduled for this weekend. The AI boom is hitting some serious infrastructure roadblocks, with nearly 40% of US data center projects facing delays that could throttle expansion plans for Microsoft, OpenAI and others. On a more concerning note, finance ministers and banking leaders are raising alarms about a new AI model called Mythos that apparently has unprecedented capabilities to identify and exploit cybersecurity vulnerabilities. In tech developments, Netflix is making a major shift toward vertical video with a mobile app overhaul, while Sequoia has raised $7 billion for AI investments and Factory just hit a $1.5 billion valuation building AI coding tools for enterprises.