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BELGIUM SINT-TRUIDEN TESLA SYNCHRONIZED LIGHT SHOW
Picture of a world record attempt for the highest number of Tesla vehicles putting on a perfectly synchronized light show in Europe (Natacha Freisen/Getty Images)

What the first FSD approval in Europe means for Tesla

Elon Musk has blamed the lack of Full Self-Driving approval for struggling sales on the continent.

Rani Molla

On Friday, Dutch regulators approved a version of Tesla’s supervised Full Self-Driving (FSD) software, making the Netherlands the first country in Europe where the technology can be used. Tesla has long argued the driver assistance system is key to its future growth.

The regulators said they are also submitting an application to expand approval across the European Union.

CEO Elon Musk has blamed the lack of FSD approval for making Europe its “weakest market.”

“It’s worth noting that we do not actually yet have approval for supervised FSD in Europe,” Musk said during an earnings call last year. “So our sales in Europe, we think, will improve significantly once we are able to give customers the same experience that they have in the US.” At the World Economic Forum in January, Musk said he expected European approval in February. It’s now April, and that process is only just beginning.

That doesn’t mean Tesla’s European sales will immediately rebound. The Netherlands is a relatively small market for Tesla, which itself sells a modest share of its cars in Europe. Tesla sold about 16,700 cars in the Netherlands in 2025, out of roughly 240,000 across Europe and 1.6 million globally.

There are also key differences between the US and European versions of the technology. Dutch regulators said the US version is “not comparable” to the one approved in Europe, which comes with stricter safety requirements and closer driver monitoring.

Upcoming sales data will test whether access to FSD is actually what’s holding Tesla back in Europe. But it’s worth noting that the company’s global deliveries have declined for two straight years, even as the company has offered FSD in its largest market, the US.

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Google DeepMind’s Hassabis: AGI is 3 to 4 years away

Google DeepMind CEO and Nobel Prize winner Demis Hassabis shortened his prediction for when the era of AGI would be upon us.

tech

Meta jumps after announcing paid subscriptions for Instagram, WhatsApp, Facebook, and AI

On Wednesday, Meta announced that it’s rolling out Meta One, a suite of paid versions of its most popular apps that offer extra features like profile customization, super reactions, and story insights. Instagram Plus and Facebook Plus will cost $3.99 a month, while WhatsApp Plus is going for $2.99, according to TechCrunch.

The company is also launching two AI subscription tiers — one for $7.99 and another for $19.99 for more advanced users. People can continue using the Meta AI chatbot for free, but will now run into limits.

Together, these represent Meta’s first large-scale attempt to monetize everyday consumer use of its flagship apps through subscriptions rather than relying solely on advertising.

The stock is up nearly 3% on the news.

Meta’s head of product, Naomi Gleit, said in an Instagram post that the company has “more plans on the way for creators, businesses, and Meta AI power users.”

Meta has struggled to justify its enormous AI capital expenditure to investors since it lacks the recurring cloud revenue of its peers. New subscription revenue streams could help reassure investors that Meta has additional ways to monetize its AI investments beyond advertising.

TechCrunch reported earlier this year that Meta had been testing premium subscriptions.

Together, these represent Meta’s first large-scale attempt to monetize everyday consumer use of its flagship apps through subscriptions rather than relying solely on advertising.

The stock is up nearly 3% on the news.

Meta’s head of product, Naomi Gleit, said in an Instagram post that the company has “more plans on the way for creators, businesses, and Meta AI power users.”

Meta has struggled to justify its enormous AI capital expenditure to investors since it lacks the recurring cloud revenue of its peers. New subscription revenue streams could help reassure investors that Meta has additional ways to monetize its AI investments beyond advertising.

TechCrunch reported earlier this year that Meta had been testing premium subscriptions.

37%

Uber raised its stake in Germany-based Delivery Hero to nearly 37%, up from the 19.5% the companies disclosed earlier this month, according to reporting by the Financial Times. The rapid share accumulation follows a takeover bid Uber extended to the struggling food delivery company over the weekend, offering essentially no premium over where the stock is trading, a move aimed at aggressively countering DoorDash in international markets.

DoorDash is also circling, with reports suggesting it is primarily interested in carving out Delivery Hero’s lucrative Middle Eastern businesses like Talabat and HungerStation.

tech

Anthropic’s revenue continues to surge, shooting past OpenAI

The drip, drip, drip of leaked financials from OpenAI and Anthropic is turning into a steady flow as the two AI giants jockey for position ahead of their planned IPOs later this year.

The companies’ soaring valuations and annualized recurring revenue (ARR) have been running neck and neck for months, and The Information now reports that Anthropic is generating an estimated 35% more revenue than OpenAI.

According to The Information’s reporting, Anthropic is close to a staggering $45 billion ARR, while OpenAI is at an estimated $33 billion ARR.

Anthropic Nears $45 billion in ARR
(Chartr)

Last month, Anthropic announced that its ARR had reached $30 billion — tripling since the end of 2025. That put it ahead of OpenAI’s $24 billion ARR, which the ChatGPT maker reported at the end of March.

Then last week it was reported that OpenAI held a $1 billion lead in Q1 revenue over Anthropic.

That $45 billion ARR is a whopping 5x the $9 billion Anthropic reported at the end of 2025.

According to The Information’s reporting, Anthropic is close to a staggering $45 billion ARR, while OpenAI is at an estimated $33 billion ARR.

Anthropic Nears $45 billion in ARR
(Chartr)

Last month, Anthropic announced that its ARR had reached $30 billion — tripling since the end of 2025. That put it ahead of OpenAI’s $24 billion ARR, which the ChatGPT maker reported at the end of March.

Then last week it was reported that OpenAI held a $1 billion lead in Q1 revenue over Anthropic.

That $45 billion ARR is a whopping 5x the $9 billion Anthropic reported at the end of 2025.

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