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Workers inspect the Repository in ONKALO, a deep geological disposal underground facility, designed to safely store nuclear waste, on May 2, 2023, on the island of Eurajoki, western Finland.

Jonathan Nackstrand | Afp | Getty Images

Finland is on the cusp of burying spent nuclear fuel in the world’s first geological tomb, where it will be stored for 100,000 years.

The pioneering project has been hailed as both a watershed moment for the long-term sustainability of nuclear energy and “a model for the entire world.”

At some point either next year or in early 2026, highly radioactive spent nuclear fuel will be packed in watertight canisters and deposited into bedrock more than 400 meters below the forests of southwest Finland.

The durable copper canisters will be isolated, separated from humans and kept underground for thousands of years.

“Onkalo,” which is the trademark name of the long-term disposal facility, is the Finnish word for a small cave or pit. It is an apt name for the repository, which sits atop a warren of tunnels and is situated next to three nuclear reactors on the island of Olkiluoto, approximately 240 kilometers from the capital of Helsinki.

A worker walks at the turbine room linked to the OL3, the latest among three reactors at the nuclear power plant Olkiluoto on May 2, 2023, on the island of Eurajoki, western Finland.

Jonathan Nackstrand | Afp | Getty Images

Established in 1995, Posiva is tasked with the responsibility of handling the final disposal of spent nuclear fuel rods at Onkalo. The Finnish company is jointly owned by nuclear power company TVO and utility Fortum.

“Basically, the Onkalo project is that we are building an encapsulation plant and disposal facility for spent fuel. And it’s not temporary, it’s for good,” Pasi Tuohimaa, head of communications for Posiva, told CNBC via videoconference.

The fact that Finland [has] built a repository now and in the next year or two we’re going to be operating it and start the disposal process … I don’t want to call it a miracle, but it wouldn’t be a bad way of framing it in the global context.

Gareth Law

Professor of radiochemistry at the University of Helsinki

Tuohimaa said the first-of-its-kind geological disposal facility had received a lot of interest from industry players, citing what he described as a nuclear “renaissance” in recent years and an energy crisis that gripped Europe and parts of Asia from mid-2021 through to late 2022.

“Having a solution for the final disposal of spent fuel was like the missing part of the sustainable lifecycle for nuclear energy,” Tuohimaa said.

The role of nuclear power

The Onkalo project has stoked debate about whether anyone can guarantee the long-term safety of spent nuclear waste and the extent to which atomic power should be used in the fight against the climate crisis.

Nuclear energy currently provides about 9% of the world’s electricity, according to the World Nuclear Association.

As it’s low-carbon, advocates argue that nuclear energy has the potential to play a significant role in helping countries generate electricity while slashing emissions and reducing their reliance on fossil fuels.

Some environmental groups, however, say the nuclear industry is an expensive and harmful distraction to cheaper and cleaner alternatives.

Finland is poised to bury spent nuclear fuel in the world’s first geological tomb. The Onkalo site is situated next to three nuclear reactors on the island of Olkiluoto in southwest Finland.

Credit: Posiva

“I work both in nuclear waste disposal and nuclear accidents and I have experienced the best and worst of what the nuclear industry can offer,” Gareth Law, professor of radiochemistry at the University of Helsinki, told CNBC via videoconference.

“Clean energy, cheap energy, good baseload but then I have seen the bad side too, accidents, waste creation and the problems that we have there,” he continued.

“To have a country now that’s demonstrating that you can actually take this very dangerous waste that’s going to be here for 100,000-odd years into the future, and we actually have a disposal solution for it, I think that shows it can be done.”

Finland ‘at least a decade ahead’

Law described the Onkalo project as a “big milestone” for both Finland and the international nuclear power industry.

“Posiva are very correct in selling this as a world first. It is going to be the first repository to take spent nuclear fuel and dispose of it in what I think is going to be a very safe and robust manner into the future.”

Law said that while many countries will want to follow in Finland’s footsteps when it comes to the geological disposal of spent nuclear fuel, the Nordic country is “at least a decade” ahead of neighboring Sweden, the next country that’s likely to achieve such a feat.

Visitors are shown the Repository in ONKALO, a deep geological disposal underground facility, designed to safely store nuclear waste, on May 2, 2023, on the island of Eurajoki, western Finland.

Jonathan Nackstrand | Afp | Getty Images

“Scientifically and engineering-wise, it is a very difficult thing to put it into place and to enact, but also politically, it is very, very difficult to get the impetus to do this disposal scenario,” Law said.

“There are many countries in the world that are still very much in the planning stages and even just trying to find somewhere to put the waste. So, the fact that Finland [has] built a repository now and in the next year or two we’re going to be operating it and start the disposal process … I don’t want to call it a miracle, but it wouldn’t be a bad way of framing it in the global context.”

‘A model for the entire world’

The Onkalo project is based on the so-called “KBS-3” method developed by the Swedish Nuclear Fuel and Waste Management Company, which is working on what could be the world’s second final repository.

KBS-3 is based on a multi-barrier principle, where several engineered barriers seek to ensure the long-term safety of the spent nuclear fuel. In practice, it means that if one of the barriers were to fail, the isolation of the radioactive waste is not compromised.

“It is a way to showcase that such a small nation sometimes is able to solve one of humankind’s maybe top 20 problems or challenges,” Finnish Climate Minister Kai Mykkänen told CNBC via videoconference.

“As we have seen during the past 10 years, nuclear seems to be required in a very important way for the green deal in Europe … but especially if we want to see Asia and the U.S. get rid of fossil electricity production,” he added.

The Repository in ONKALO, a deep geological disposal underground facility, designed to safely store nuclear waste, is pictured on May 2, 2023, on the island of Eurajoki, western Finland.

Jonathan Nackstrand | Afp | Getty Images

Asked whether the Onkalo project could be seen as a solution to the sustainability of nuclear waste, Mykkänen replied: “Yes, definitely.”

He added, “I am sure that the clear majority of the Finnish population, and also an even larger population near to Onkalo, they are seeing it in a similar way. People really see it as a solution that replaces more harmful energy.”

Mykkänen said he hoped the Onkalo project would be “a model for the entire world.”

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Anthropic to triple international workforce in global AI push

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Anthropic to triple international workforce in global AI push

Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images

Anthropic is stepping up its global enterprise ambitions.

The $183 billion artificial intelligence startup has grown its business customer base from under 1,000 to more than 300,000 in just two years, as demand for Claude‘s models accelerates across industries and regions.

On Friday, the company announced it will triple its international workforce and expand its applied AI team fivefold in 2025, as it scales beyond the U.S. and intensifies competition with OpenAI, Microsoft and Google.

That expansion comes as international demand increasingly drives the company’s momentum.

Claude’s global usage has reached an inflection point: nearly 80% of activity now comes from outside the United States. On a per-person basis, adoption in countries like South Korea, Australia and Singapore has already surpassed that of the U.S.

In an exclusive interview, Chief Commercial Officer Paul Smith told CNBC that Anthropic’s international growth is outpacing even their most ambitious forecasts, with major customers coming online well before boots hit the ground. 

“What is amazing is we haven’t, up until recently, had significant human presence in Europe, in Japan, in our international markets, and yet we already have a very, very significant business over there,” said Smith. 

He pointed to rapid adoption in sectors like life sciences and sovereign wealth management.

At Novo Nordisk, the Danish pharmaceutical giant behind Ozempic, Claude helped compress what’s typically a three-month analysis and reporting phase at the end of a drug development cycle into just a few days.

Smith said Anthropic is now ramping up hiring across its priority global markets.

The company is recruiting country leads for India, Australia and New Zealand, Korea, and Singapore, with broader expansion underway across the UK, northern and southern Europe, Germany, Austria, and Switzerland.

As part of its international push, Anthropic is opening its first Asia office in Tokyo and scaling operations across Europe — including more than 100 new roles in Dublin and London and a research-focused hub in Zurich. Additional locations are expected to follow in the coming months.

The global expansion is being spearheaded by Chris Ciauri, who recently joined Anthropic as managing director of international. A longtime enterprise veteran, Ciauri previously served as CEO of Unily and held senior roles at Google Cloud and Salesforce, where he worked alongside Smith and helped grow EMEA revenue from $200 million to more than $3 billion. 

“G20 governments are approaching us about doing really, really interesting things at a citizen enablement level,” he told CNBC, adding that large companies across Europe and Asia are also now engaging Anthropic on industry-specific use cases.

Anthropic hits $183 billion valuation

A new front in the AI wars

Anthropic’s push abroad comes as the enterprise AI race enters a more mature and competitive phase.

The company recently hit a $5 billion revenue run-rate, up from $87 million at the start of 2024, fueled by growing demand for its Claude family of models in enterprise environments.

That milestone puts Anthropic squarely in competition with the incumbents. 

OpenAI this week launched an $850 billion global infrastructure expansion with Oracle, Nvidia, and SoftBank to support continued growth. Microsoft and Google, meanwhile, are embedding AI into every layer of their productivity, cloud, and developer ecosystems — making it easier for CIOs to tack on tools like Copilot or Gemini without overhauling their stack.

Anthropic is betting that companies want more than an add-on.

The pitch is a pure-play AI experience, with direct access to Claude’s frontier models — not just a wrapper inside legacy software. That strategy has become a key point of differentiation as enterprises shift from experimentation to implementation at scale.

Across sectors, organizations are now embedding AI into core workflows, not just for summarization or chat, but for tasks like customer service, fraud detection, regulatory analysis, code review, and complex decision-making.

Still, Smith said most large enterprises are adopting hybrid strategies combining direct access to Claude with integrations through AWS, Google Cloud, and other third-party platforms, and emphasized that these partnerships are additive, not competitive.

“There’s a very good reason why, if you’re an AWS customer, you should also consume Anthropic through Bedrock — and if you’re a great Google customer, through Vertex,” he said. 

Ultimately, he said, an enterprise will have a multi-faceted relationship with a player like Anthropic.

Anthropic’s applied AI team, which helps customers deploy Claude at scale, is set to grow fivefold in the next year.

Unlike some rivals, the company doesn’t rely on productivity suite integration or a legacy install base. Its focus is on building deep, domain-specific systems tailored to verticals like telecom, pharmaceuticals, financial services, and government.

“You need the applied AI team that understands their particular industry context,” Smith said.

He explained that true enterprise deployment also requires a broader ecosystem: both large global systems integrators and niche consultancies trained to implement Claude Code and build custom agents.

Anthropic is also investing in 24/7 support and infrastructure for data sovereignty — especially important for customers in regulated sectors.

OpenAI accelerates global expansion to win enterprise deals directly from customers

“We’re meticulously working through everything that you need that removes the barriers to adoption in these very large enterprises,” Smith said, emphasizing that enterprise isn’t just one part of their business, it’s the entire focus.

At the same time, OpenAI has been aggressively scaling its international enterprise efforts.

OpenAI Chief Operating Officer Brad Lightcap has grown the company’s go-to-market team from about 50 to more than 700 over the past 18 months, spanning sales, customer success, developer relations, and strategic partnerships. 

Last month, OpenAI opened offices in Brazil, India, and Australia — and this week in Abilene, Texas, CEO Sam Altman told CNBC that usage of ChatGPT has surged roughly tenfold over the past 18 months, thanks in large part to growth on the enterprise side.

That momentum continued on Thursday, when OpenAI deepened its enterprise reach with a formal integration into Databricks — signaling a new phase in its push for commercial adoption.

Anthropic taps Gulf wealth: $13B raise brings in Qatar’s sovereign fund at $183B valuation

Claude’s global customer base

As enterprise AI adoption accelerates, so too does scrutiny.

A recent MIT study found that many so-called deployments have shown little to no measurable impact — raising real questions about how deeply these tools are actually being integrated. But Anthropic executives say Claude is already delivering tangible results at scale.

Across Europe and Asia-Pacific, Claude is powering core enterprise operations.

At Norway’s Norges Bank Investment Management, the world’s largest sovereign wealth fund, Claude helps analyze multi-billion-dollar investments and has already saved 213,000 hours, a 20% productivity gain across 9,000 portfolio companies.

Novo Nordisk cut clinical documentation time from more than 10 weeks to 10 minutes and halved review cycles. SK Telecom, which is deploying Claude in Korea as part of a company-wide AI overhaul, boosted customer service quality by 34%. The European Parliament made millions of historical documents searchable and translatable, and the Commonwealth Bank of Australia slashed scam losses by 50%.

“The demand signal we’ve got is unprecedented. It’s like nothing I’ve ever seen,” said Smith. “There isn’t a single enterprise in the world where they don’t have some kind of software development backlog.”

Smith said Claude Code, launched in May, is already a $500 million product, with usage up 10x in just three months.

“It’s one of the fastest-growing products that’s ever been launched,” he said. “It’s an entry point. Happens to be an incredibly popular entry point right now.”

But the impact goes well beyond software development.

Localization — both linguistic and cultural — is part of what Ciauri sees as a key differentiator. He pointed to Panasonic’s Claude integration as an example, with the Japanese conglomerate using their models tailored to local language and cultural context.  

“That’s a super important differentiator as you think about how you really maximize results for enterprise,” said Ciauri.

“You get these pockets of success,” Smith added, “that you can then start to scale.”

WATCH: AI firms pull in $65 billion so far this year, claiming 77% of venture dollars

AI firms pull in $65 billion so far this year, claiming 77% of venture dollars

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XPeng (XPEV) continues global expansion, announcing entry into five additional EU markets

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XPeng (XPEV) continues global expansion, announcing entry into five additional EU markets

XPeng Motors is making good on previously shared plans to expand to 60 global markets this year, many of which already include countries in the EU. The Chinese automaker announced five new markets and some pop-ups in additional regions as it continues its quest to become a household name in BEVs.

As we reported in late 2024, an internal letter from XPeng Motors ($XPEV) founder and CEO He Xiaopeng outlined the company’s goals for 2025 and long-term targets to continue global growth in hopes of becoming a household name in EVs. Per the letter, XPeng is striving to become a leading global AI car company in products, business, organization, and globalization within the next ten years.

At the end of last year, XPeng Motors had already entered 30 countries and regions, but the company shared goals to boost that number to over 60 countries by the end of 2025. XPeng’s current footprint in the EU includes Belgium, the Czech Republic, Denmark, France, Germany, Iceland, Ireland, Luxembourg, the Netherlands, Norway, Poland, Portugal, Slovakia, Spain, Sweden, and the UK.

Europe has and will continue to play a massive role in XPeng’s expansion plans, which, until today, most recently included the addition of Italy. Today, XPeng announced plans to sell its EVs in five additional EU markets, bringing the total to over 20 regional markets.

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XPeng EU
Source: XPeng Motors/Weibo

XPeng expands EU footprint with entry into Austria, more

XPeng Motors shared details of its latest EU expansion in a Weibo post on Thursday evening local time. Here’s what it said.

XPeng Motors accelerates its European expansion! It has officially launched in five markets: Switzerland, Austria, Hungary, Slovenia, and Croatia, with the simultaneous debut of several popular new models, accelerating its globalization efforts.

Going forward, XPeng will continue its expansion into Europe, redefining the driving experience with intelligent technology and allowing more users to experience the exceptional charm of ‘Made in China.’

I could have sworn XPeng already has a presence in Switzerland, but it’s certainly official now alongside four other gorgeous markets in the EU. Per CnEVPost, the Chinese automaker has partnered with European mobility service provider Hedin Group in Switzerland. It plans to launch its 2025 G6 and G9 SUV models first, followed by the P7+ sedan in the first half of 2026.

In Austria, XPeng plans to use the same dealership network strategy it deployed in Germany. Sales will begin in October with ten locations before expanding to 20 next year. Lastly, operations in the remaining three EU markets (Croatia, Hungary, and Slovenia) will be managed by a joint venture with XPeng, AutoWallis Group, and Salvador Caetano Group.

XPeng also shared plans for pop-up stores in Budapest, Ljubljana, and Zagreb this fall, where it will showcase its 2025 G6 and G9 BEVs. Perhaps we will see official entry into those markets next. It’s very possible!

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Lucid and NFL star Travis Kelce turn EV test drives into $87 donations for a good cause

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Lucid and NFL star Travis Kelce turn EV test drives into  donations for a good cause

The Kelce Car Jam is back, baby. Hosted by one of the NFL’s hottest stars (and Taylor Swift’s new fiancé), Travis Kelce, Lucid Motors (LCID) will be at the event, offering the chance to test drive its luxury electric vehicles. For every EV test drive, Lucid pledges to donate $87 to Kelce’s Eighty-Seven and Running Foundation.

Lucid donates to Travis Kelce Foundation for test drives

With Gravity production ramping up at its plant in Arizona, luxury EV maker Lucid plans to put the electric SUV to good use this weekend.

Fresh off his first win of the season, Chiefs tight end Travis Kelce announced on his New Heights podcast that the Kelce Car Jam will kick off in Kansas City this Friday.

Kelce is promising to bring out some “new old schools,” including a ’99 Jeep Wrangler with woodgrain on the side, but a new generation of vehicles will also make an appearance.

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Lucid will be at the event offering the chance to test drive two all-electric luxury vehicles, the Air and its new Gravity SUV.

“Lucid is a technology company looking to drive change around the world,” the company’s senior vice president of marketing, Akerho Oghoghomeh, said, adding that “our tour stop with Eighty-Seven & Running at the Kelce Car Jam in Kansas City is one way we’re leaving our mark in the community.”

Lucid-Gravity-Travis-Kelce
The Lucid Gravity SUV (Source: Lucid)

For every test drive, Lucid said it will donate $87 to Kelce’s Eighty-Seven & Running Foundation, which is designed to help underserved youth in Kansas City and his hometown of Cleveland Heights, Ohio.

Kelce founded Eighty-Seven & Running in 2015 to mentor disadvantaged youth, help develop their skills, and motivate them to reach their full potential. He said that after growing up in the diverse suburbs of Cleveland Heights, Ohio, he wanted to help those who weren’t fortunate enough to have the same support or opportunities as others.

Lucid-Travis-Kelce
The Lucid Air luxury electric sedan (Source: Lucid)

The Eighty-Seven & Running Foundation hosts fundraising events, athletic programs, mentoring initiatives, and outreach programs to support the cause.

Since it started offering test drives, Lucid’s interim CEO Marc Winterhoff said the Gravity SUVs’ daily order rate has nearly doubled. Winterhoff claimed this week during an interview with Brew Markets that the Gravity has “so many orders,” it’s honoring the $7,500 federal tax credit until the end of the year.

The Kelce Car Jam kicks off Friday, September 26, 2025, at 5 pm. Are you attending the event? Tag us on social media if you find the Lucid booth. You can find Lucid at the following locations:

  • Friday, Sept 26, 7 am – 11 am
    Messenger Coffee – Grand Blvd
  • Saturday, Sept 27, 8 am – 3 pm
    City Market – Farmers Market
  • Monday, Sept 29, 7 am – 11 am
    Messenger Coffee – Grand Blvd

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