Europe is rewriting the privacy laws

Europe prepares to rewrite its own rules

The EU once told the world how to handle data. Now it’s rethinking its own lesson.

On November 10, Brussels will unveil the “Digital Omnibus,” a package of reforms that rewrites key parts of the GDPR, the AI Act, and ePrivacy rules. Officials call it simplification. Privacy experts call it surrender.

Leaked drafts show the Omnibus would narrow what counts as personal data, let companies process European data for AI training under a “legitimate interest” clause, and move cookie consent from opt-in to opt-out. It’s a bureaucratic tweak with global consequences. If Europe lowers its guard, every privacy law modeled on the GDPR from Brazil’s LGPD to California’s CCPA, starts to wobble.

The timing isn’t subtle. A year after Mario Draghi warned that red tape was throttling innovation, EU officials have been quietly assuring Silicon Valley that Europe is open for business again.

The GDPR took six years to build. The Omnibus could start dismantling it in six months.

The AI buildout is running on credit

The cash river behind the AI boom is starting to dry up.

Bank of America says major tech firms borrowed $75 billion in just two months to keep building data centers. That’s more than double the annual average of the past decade. Meta took on $30 billion for a Louisiana site. Oracle’s debt hit $96 billion. Even with cash mountains and fat margins, capital spending now eats 94% of operating cash flow across the sector.

The numbers mark a turning point. AI once ran on profits. Now it runs on leverage. With $3 trillion in data center spending projected by 2028, the question isn’t whether AI will scale, it’s who can afford to.

For now, Nvidia stays clear, funding growth from chip cash. The rest are playing a dangerous balance-sheet game in a market priced for perfection.

You can almost hear the hum of the servers and the debt clock ticking beside them

The Snap alum behind Kaltura’s new AI

An old video player just bought itself a voice.

Kaltura is acquiring eSelf.ai, an Israeli startup known for photorealistic conversational avatars, for $27 million. The move folds in a 15-person team led by Alan Bekker, who sold his last startup to Snap in 2020.

Kaltura isn’t chasing hype. It’s chasing interaction. With eSelf’s low-latency speech-to-video tech, Kaltura can add avatars that watch your screen, talk back, and react like a live person. It shifts the company from hosting video to hosting human-like agents inside it.

That means new roles for avatars: a sales rep who explains a dashboard, a teacher who pauses when you do, a support agent who actually looks you in the eye. It’s a quiet pivot from video delivery to digital presence.

The deal is small in dollars, but big in direction. You can almost hear the next webinar breathe.

Prohuman team

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