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01

Europe's Night Trains Are Back, but the Tunnel Bill Is Still Coming

Europe's December 2023 timetable change restored direct overnight links between city pairs that had been unconnected for years, from Paris to Berlin and Munich to Warsaw. The same network is now waiting on base tunnels whose costs have risen by an average of 82%, according to the European Court of Auditors.

Travel27 September 20266 min read
02

AI and the job market: what the data actually shows

US employers shed 23,000 jobs in July, the Bureau of Labor Statistics said on Aug. 7, the first monthly decline since February, while the unemployment rate slipped to 4.1%. The weakening labour market is being blamed on AI, but the evidence is more mixed than the headlines suggest.

Economy27 September 20264 min read
03

Small language models move on-device: Apple, Google, Imbue and Cactus push local AI

Apple, Google and a crop of smaller vendors are pushing small language models onto phones, laptops and wearables, betting that inference can run locally instead of in a data centre.

AI & models27 September 20265 min read
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