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Here Are the 5 Best VPNs in 2022

The best VPNs for private streaming, gaming and torrenting rated by our expert staff.

At CNET we rigorously test virtual private networks to determine which service is worthy of the title best VPN. We use a combination of the latest real-world research from industry experts and our own hands-on testing with these services to see how they compare against each other. To earn the crown, a VPN needs to demonstrate excellent speed, privacy and overall value in our evaluation. Currently, ExpressVPN is our Editors’ Choice for best overall VPN. Most recently, ExpressVPN passed its latest set of third-party audits, contributing to a growing record of industry-leading transparency efforts.


The best VPNs deliver unprecedented digital privacy without compromising performance. Though many people forego VPNs in favor of other types of network connections, we highly recommend using a good VPN for work, especially if you work with sensitive information.

A well-tested and reliable VPN is a cornerstone tool for protecting your digital privacy online, and getting the best value out of your online gaming and streaming. A VPN service is a mobile app or other software that — once you switch it on — encrypts the connection between your device and the internet, preventing your internet service provider from seeing what mobile apps or websites you are using. It also prevents most of those websites and apps from seeing what geographic location you’re connecting from. If configured correctly, VPNs can also stop your internet service provider from throttling your speeds.

A VPN can also give you an added layer of security on public Wi-Fi networks, even though they’re far less of a security threat than they were in previous years. And with football season now in full swing, it’s a good time to note that VPNs can also be used to correct wrongly applied league blackouts and geographic restriction glitches. A VPN service also lets you bypass content blocks in some countries to access critical news and educational information, while also opening up your streaming entertainment options.

While we believe the best VPN overall is ExpressVPN, we’re also eager to find the best VPNs for different uses. That’s why we also recommend Surfshark VPN as the best cheap VPN for the budget-savvy. Each VPN in the list below has an excellent value for a specific use case, and we point out the ideal user for each one. We’re also in the process of re-evaluating ProtonVPN and will update our recommendations based on that review in the coming months. In the meantime, keep an eye out for Black Friday VPN deals, which have started on some providers, including many of our top picks.

Read more: Casual vs. Critical: When Your VPN Is a Matter of Life or Death, Here’s How to Pick One

Over the past several years, a flood of VPN providers has entered the marketplace, and that comes with both benefits and drawbacks. On one hand, the array of affordable VPN options now available means that — no matter how critical or casual your privacy needs — there’s a VPN service suited to your purpose. But it also means consumers have to wade through even more VPN advertising hype.

How we test VPNs

Our hands-on testing and review process is designed to cut through that hype. When we look at each VPN service, we’re not just examining them for their technical weaknesses, but we’re also scrutinizing their individual performance strengths. We want to know what each service does best. We test each VPN across over 20 factors, and we’re continually improving our methodology as we learn more.

We test VPNs for browsing and streaming speed in multiple countries as well as their connection stability and even the smallest potential privacy leaks. By testing across multiple devices and platforms, we’re able to assess which VPNs are best for gaming versus those best for streaming, torrenting or sharing sensitive information. Most importantly, we focus on doing the deep-dive research necessary to vet each VPN’s historical credibility and its ownership in a notoriously murky market.

The VPNs on this list earn our recommendation for more than just boosting their digital privacy strengths — they enable easy streaming to overcome geoblocked media, have torrenting-friendly servers, and are fast enough to support gaming globally. Based on those continued evaluations, you’ll see a few bullet points on each entry in our list, highlighting each VPN’s strengths and the uses we recommend it for most. And because we strive to keep on top of a fast-changing market, you’ll notice that the rank of each VPN service changes as we learn more and retest.

Best VPN services in 2022

Let’s look at each of our VPN vendors below in more depth. Keep in mind that this list is constantly being updated. We’re actively working on more VPN testing and research, so expect this guide to change throughout the year as we put each VPN through its paces.

The list below presents our favorites overall in 2022 so far. We’ll call out when specific traits make for a better choice in a more narrow evaluation.

Other VPNs we’ve tested

Not every VPN can be a favorite. These are ones we reviewed, but they’re not full-throated recommendations for one reason or another, including limited features and concerns over adequately hiding your identity.


Hotspot Shield

  • Servers: 1,800-plus in 80-plus locations
  • Country/Jurisdiction: US (Five Eyes member)
  • Platforms: Windows, Android, MacOS, iOS, Linux, Amazon Fire TV
  • Price: $8 per month or $95.88 billed annually. Month-to-month plan at $13

Hotspot Shield VPN’s TLS-based Hydra Catapult protocol, US jurisdiction, 128-bit AES encryption support and large percentage of virtual servers might strip away our trust in its ability to provide more privacy protections than its competitors — but those are all key components to its ability to achieve the blazing speeds it delivered during its most recent speed tests.

It’s the second-fastest VPN I’ve tested, effortlessly delivers smooth-streaming media and can dance between server connections without missing a beat, no matter how many interruptions you throw at it. A 26% speed loss puts it in second place, falling behind Surfshark — which lost just 16.9% of its speed the last time I tested it — and knocking ExpressVPN down to third place with a 51.8% speed loss at last measurement. Speed losses on UK connections were under 8%. Gaming, torrenting, browsing, streaming — these speed-dependent services won’t be slowed down for Hotspot Shield users.

We’re not excited about Hotspot’s privacy and security, though. Since the services uses a closed-source proprietary Catapult Hydra protocol, instead of the more transparent open-source OpenVPN protocol, we’d like to see Hotspot give the public more third-party audits — a necessary step to bring Hotspot up to speed with routinely audited VPNs like TunnelBear. As recently as April 2021, review site VPNMentor discovered a DNS leak in Hotspot Shield’s plug-in for Google Chrome. Hotspot acknowledged the issue at the time and aimed to improve the product.

We’re also not thrilled about the amount of user data Hotspot collects, and its privacy policy. With its premium product, it gathers and retains much more information about users than most other VPNs. And if you’re using the free version of its product, it shares that information — along with even more finite data, including your MAC address and specific phone identifier — with advertising companies.

While its interface is user-friendly and its speeds are thrilling, spending time with Hotspot is going to leave your wallet a little lighter than you might prefer. Its current price is higher than its nearest competitors, its speeds slightly slower and its privacy more questionable. If you’re looking for a VPN purely on the grounds of speed, we still recommend passing on Hotspot until it improves.

Read more: Hotspot Shield VPN Review: This Speedster Costs More Than Faster, More Private Competitors


TunnelBear

TunnelBear’s gotten a lot of hype in the last couple of years. But when we looked under its hood and compared it with its VPN competitors, our excitement waned.

TunnelBear’s speeds are reasonable. We lost nearly 63% of internet speed overall when we used it, which is about average for a VPN. TunnelBear’s speeds have steadily improved over the years as measured by other review and testing sites, though, and the US scores we recorded saw a speed loss of only 54%.

On the plus side, TunnelBear is holding its own in the transparency competition among VPNs by publishing the results of its independent security audits and annual transparency reports. No IP address, DNS or other potentially user-identifying data leaks were detected during our testing, but in the past TunnelBear was observed to have been leaking WebRTC information. TunnelBear’s VPN encryption is standard AES-256 and it supports Perfect Forward Secrecy.

However, it’s also a Canadian business owned by US-based McAfee, so if you’re looking for subpoena-proof international online privacy, you’re playing with fire. It holds a paltry 23 server locations from which you can’t manually choose your VPN server or even a city. It doesn’t offer Tor-over-VPN, it offers split tunneling only on Android and it can’t even unblock Netflix.

On a per-month breakdown, the least expensive TunnelBear plan is its $120, three-year plan. You can also go month to month for $10, or pay $60 up front for a single year. Either way, TunnelBear accepts payment via credit card and bitcoin. Unlike other VPNs, it doesn’t take PayPal. Also unlike other VPNs, it doesn’t support Amazon Fire Stick or Android TV.

Read more: TunnelBear VPN Review: The Overpriced Ursine Has Trouble Living Up to the Hype


CyberGhost VPN

In CNET’s previous coverage of virtual private networks, we’ve praised CyberGhost for its roster of competitive features. Our in-depth review of CyberGhostin 2019 included speed testing, security verification and an analysis of its full suite of privacy tools. Since then, the VPN company has increased its number of servers and is prepared to roll out new privacy tools, all while remaining one of the cheapest VPNs we’ve reviewed — at $2.03 per month for a two-year plan.

As we’ve bolstered our approach to VPN reviews, however, CyberGhost has raised some red flags. Its parent company’s history warrants skepticism; our previous tests have shown it to expose your VPN use to your ISP; its website and app trackers are more numerous than warranted; and its ad blocker uses an untrustworthy method of traffic manipulation no VPN should even think about. Its low price previously made it worth considering if you needed to change the appearance of your location online, but not if you wanted best-in-class security.

While CyberGhost’s connection speed and security features appear to be improving, we don’t currently recommend using the VPN service provider if you’re in a country where VPNs are illegal. We also recommend that anyone in the US review CyberGhost’s parent company before deciding whether to pay for a subscription.

On the plus side, however, CyberGhost is still faster than Norton Secure VPN and was less taxing on the processing power of our devices. It also offers split tunneling in its Windows client and has its servers neatly organized into categories: NoSpy servers, servers geared for torrenting, servers best for streaming and servers best for use with a static IP address. CyberGhost imposes no data caps, allows unlimited server switching and offers a 45-day money back guarantee on subscription plans of a year or more.

Read more: CyberGhost VPN review: Competitive Features, but Its Parent Company Concerns Me


Norton Secure VPN

NortonLifeLock, long known for excellence in security products, has a relatively limited offering in its VPN product. Norton Secure VPN does not support P2P or BitTorrent, Linux, routers or set-top boxes. Its Netflix and streaming compatibility is somewhat limited. Even worse, during testing, we experienced privacy-compromising data leaks.

During CNET’s testing, Norton Secure VPN speeds were comparable to other midtier VPNs but not particularly competitive. Although its VPN is only available on four platforms — Mac, iOS, Windows and Android — Norton gets points for its 24/7 live customer service phone support and 60-day money back guarantee.

Norton Secure VPN’s pricing structure is a bit different than what you typically find in the industry. Pricing is tiered based on how many simultaneous connections you want with your account. For a single device, you’ll pay $30 for the first year and $50 for any subsequent years, or $4.99 a month for the monthly. For five simultaneous connections, the price jumps to $40 for the first year and $80 for subsequent years, or $8 a month for the monthly plan. If you want up to 10 simultaneous connections, the price is $60 for the first year and $100 for subsequent years, or $10 a month for the monthly plan.

Read more: Norton Secure VPN Review: Why We Don’t Recommend It


Mullvad

  • Number of servers: 840
  • Server location: 68 locations in 38 countries
  • Number of simultaneous connections: 5
  • Jurisdiction: Sweden
  • Price: $5 a month

Mullvad is an independent and open source VPN provider that is focused on building trust through transparency and its commitment to protecting the privacy and security of its users. Although there are other VPNs that are considerably more well-known in the industry, Mullvad’s offering overall is just as polished and easy to use as many of the bigger players in the market.

Mullvad’s primary focus is on security. Like most other top VPN providers, Mullvad employs industry-standard AES 256-bit encryption to secure users’ connections. Mullvad’s kill switch feature and DNS leak protection are enabled by default and cannot be disabled. During our testing, the kill switch worked as expected and we detected no leaks of any kind. The company says it doesn’t keep any logs of its users’ activity, and is, for the most part, pretty transparent about how it operates and what it does to protect user privacy. Mullvad is unique in that it doesn’t require any personal information at signup. While most VPN providers ask users to provide an email address and enter a username, Mullvad generates a random 16-digit account number to activate each new user account. You don’t even need to provide any payment information since Mullvad accepts cash sent via mail.

Mullvad’s source code being entirely open source is a testament to the company’s transparency, but we’d still like to see Mullvad issue an annual transparency report to give the public a view of how many legal requests the company gets and where they’re coming from. Though Mullvad tells us a new security audit is forthcoming, the company’s 2020 security audit (conducted by German cybersecurity firm Cure53) concluded at the time that the VPN «does a great job protecting the end user from common PII leaks and privacy-related risks.»

With servers in 68 locations across 38 countries, Mullvad’s VPN server network is comparatively small. Even so, the network covers the most in-demand locations and is pretty well spread out across the globe. And what its network may lack in size, it makes up for in speed. In our latest round of speed testing, we measured just a 23% drop in average speeds (most VPNs will slow you down 50% or more), easily making it one of the fastest VPNs we’ve tested. Though Mullvad’s speeds are fantastic, it’s not the best for geographically restricted content. We were able to access Netflix without any issues, but were denied access to stream Disney-plus when connected to Mullvad’s US servers.

However, Mullvad’s straightforward approach to pricing is a breath of fresh air, especially with so many other VPN providers concocting ever-more convoluted pricing structures. Mullvad costs about $5 a month, whether you want to use it for a month, a year or a decade — and you’re never locked into a long-term subscription plan. If you’re not satisfied with the service, you can get a refund within 30 days of purchase.

Read more: Mullvad Review: Solid Security and Privacy, but Swedish Jurisdiction Is Concerning


Other VPNs our experts are reviewing

Below you’ll find some additional VPNs. We’re in the process of re-evaluating them in the coming months.


PureVPN

PureVPN says it doesn’t log connection information. The company joined the «no log» movement in 2018, and underwent a third-party audit by Althius IT (albeit one commissioned and paid for by PureVPN).

We like that PureVPN offers a 31-day refund policy and supports Bitcoin payments. We also like that PureVPN has both Kodi and Chromebook apps available. In addition, PureVPN was the first VPN service we noted to fully implement GDPR compliance.


StrongVPN

StrongVPN blasts onto our list with excellent infrastructure and a decent price. StrongVPN has a strong no-logging policy, and picks up kudos for its large base of IP addresses. It has a solid collection of servers and worldwide locations. For those of you who need a dedicated IP, you can get one from the company but you’ll need to contact customer support to get help setting it up.

One of StrongVPN’s strengths is the company’s network. It owns and operates its entire network infrastructure, which means it has no externally dictated limits on bandwidth or the type of internet traffic allowed on the network.

StrongVPN’s regular monthly price of $10.99 is in the middle of the pack, but its regular yearly price of $80 is among the lowest of our contenders.


Private Internet Access

  • Number of server locations: 84 countries
  • Country/jurisdiction: US
  • Simultaneous connections: 10
  • Price: $2.19 per month for the two-year plan

If you’re looking for one of the least expensive VPN providers, Private Internet Access fits the bill.

The best value offered by Private Internet Access is the two-year plan, which works out to $2.19 a month, and includes two free months. But if you don’t want to lock in for an extended period of time, you can get a six-month subscription for $45 (which comes out to $7.50 a month), or a monthly plan for $12 a month.

PIA has quite an expansive network of servers, spanning 84 countries, including servers in 18 different US cities. Though not as expansive as the fleets for ExpressVPN or CyberGhost VPN, the 84 countries gives PIA one of the largest server networks you’ll find in a VPN provider.

Operating since 2010, Private Internet Access offers 10 simultaneous connections, a kill-switch feature and a 30-day refund period.


VPN FAQ

In today’s hyper-connected world, online privacy and security are increasingly critical. From online banking to communicating remotely with colleagues, we’re transferring more data on our computers and smartphones than ever before. Much of that data is confidential information that we need to keep safe from hackers and snoops, so VPN use is on the rise as people take steps to secure their digital lives.

Additional VPN factors to consider

Don’t use free VPN services: You’ll find only paid VPN options on this list above because they’re the only ones we can recommend.

Look for a no-logs VPN, but understand the caveats: The best VPNs keep as few logs as possible and make them as anonymous as possible, so there’s little data to provide should authorities come knocking. But even «no-logs» VPNs aren’t 100% anonymous.

There are limits to the privacy VPNs currently provide to iOS users: Recent independent research has surfaced suggesting iPhones and iPads running iOS 14 or later may be vulnerable to device-only VPN leaks, regardless of which VPN is used. Apple users concerned with potential leaks can take extra precaution by installing their VPN on a home router to ensure their entire Wi-Fi network is encrypted. Some iOS users may potentially reduce the likelihood of leaks while outside of a home network by enabling their VPN’s kill switch and selecting OpenVPN protocols. You can also try closing all apps, activating your VPN, and then enabling and disabling Airplane Mode before using your device normally. Apple advises users to activate their device’s Always On VPN profile for additional protection.

VPN transparency is important, but warrant canaries are only the beginning: Many services use «warrant canaries» as a way to passively note to the public as to whether or not they’ve been subpoenaed by a government entity, as many investigations from national security agencies can’t be actively disclosed by law. But — like the no-logging issue — warrant canaries aren’t always as straightforward as they seem. You should spend more time investigating whether your prospective VPN has cooperated with authorities in the past, and how and when it’s disclosed that fact.

Think twice about using a US-based VPN: The Patriot Act is still the law of the land in the US, and that means US-based VPNs have little recourse if and when the feds show up with subpoenas or national security letters in hand demanding access to servers, VPN user accounts or other data. Yes, they may have little data to access if the service has a strong no-logs policy, but why not just choose a service that’s based outside Uncle Sam’s jurisdiction? (If this is a concern for you, you’ll want to avoid countries that the US has intelligence-sharing agreements with, too.)

Best VPNs for your use case

Technologies

Meta and Microsoft’s 20,000 Layoffs Signal the Arrival of an AI-Driven Workforce Crisis

Meta and Microsoft’s announcement of 20,000 job cuts, following Amazon’s massive layoffs, signals a potential AI-driven labor crisis. Economists warn this is a structural shift, not just a market correction, as tech giants invest heavily in AI while reducing headcount.

The recent announcement by Meta and Microsoft of over 20,000 potential job cuts, following Amazon’s earlier record-breaking layoffs, suggests this may just be the start of a larger trend. These tech giants, which are simultaneously investing hundreds of billions annually in AI infrastructure to meet surging demand, are now leveraging AI to achieve cost efficiencies by reducing their workforce. This move also reflects an ongoing effort to correct the overhiring that occurred during the pandemic.
Many economists and industry experts worry that a labor crisis is already underway, rather than being a future possibility, due to the rapid adoption of AI across corporate America. According to Layoffs.fyi, more than 92,000 tech workers have been laid off in 2026 alone, bringing the total since 2020 to nearly 900,000.
«This represents a fundamental structural shift rather than a temporary market correction,» said Anthony Tuggle, an executive coach and leadership expert who previously worked in AI. «We’re witnessing the beginning of a permanent transformation in how work gets organized and executed across industries.»
Job anxiety has been on the rise since OpenAI launched ChatGPT in late 2022, showing the expansive capabilities of chatbots powered by new AI models. Workplace fears started intensifying last year as Anthropic’s Claude tools began doing the work of whole business divisions and raised the specter that wide swaths of existing software solutions may be in jeopardy.
Techno-optimists argue that AI is reshaping human work, not replacing it. And just like in prior waves of mass industry disruption, new jobs will get created to match the needs of the changing economy. Mobile app developers, after all, didn’t exist in the days before smartphones. And what use were IT administrators before we created servers?
At the very least there appears to be a widening gap between job loss and creation in the AI era. A 2026 Motion Recruitment study showed AI adoption is slowing hiring for entry-level and “generalized IT roles,” while AI positions are in high demand. Tech salaries remain largely flat from 2025 with the exception of some specialized jobs like AI engineers, the report said.
Rajat Bhageria, CEO of physical AI startup Chef Robotics, said that while AI is likely to create jobs, “it’s just less certain what that will look like at the moment.”
“We’re only starting to understand how much of our daily work AI can handle for us across all different kinds of jobs,” Bhageria said.
Meta only hinted at AI in its announcement on Thursday. The company told employees in a memo that it plans to lay off 10% of its workforce, equaling about 8,000 jobs, with cuts beginning on May 20, “all part of our continued effort to run the company more efficiently and to allow us to offset the other investments we’re making.” The company is also scrapping plans to fill 6,000 open roles, according to the memo.
Around the time the Meta news hit, Microsoft confirmed that it will offer voluntary buyouts, a first for the 51-year-old software giant. About 7% of U.S. employees are eligible, according to a person familiar with the plans who asked not to be named because the number isn’t being made public. With about 125,000 U.S. employees, that could add up to 8,750 cuts.
Nike too?
Tech jobs aren’t only at risk in the tech industry.
Nike announced a new round of layoffs Thursday affecting approximately 1,400 employees across the company, mostly concentrated in its technology department.
“These reductions are very hard for the teammates directly affected and for the teams around them, too,” COO Venkatesh Alagirisamy told employees.
Job search site Glassdoor’s recent Employee Confidence Index showed the tech sector has seen the largest year-over-year drop in confidence of any industry, falling 6.8 percentage points in March from a year earlier to 47.2%.
Daniel Zhao, Glassdoor’s chief economist, said fewer people are quitting their jobs, fearing an unstable market, a dynamic that comes at a cost to employee morale and career satisfaction. It also means even more job cuts.
“Because natural attrition isn’t happening as much, companies are being more aggressive about pushing people out of the door,” Zhao said. “Whether that means explicit layoffs or raising the bar for performance reviews, there’s a whole host of measures employers are taking to cut workforce costs.”
Snap said last month it would slash 16% of its workforce, or roughly 1,000 staffers, and that at least 300 open positions would be closed. CEO Evan Spiegel cited AI-driven efficiencies in a letter to staff. Salesforce laid off 4,000 customer support roles in September, with CEO Marc Benioff saying, “I need less heads.”
Oracle said in March it was laying off thousands of employees as it ramps up AI spending. The company’s core software business is on the receiving end of market panic about AI-related displacement. Meanwhile, the company is trying to compete with the hyperscalers in the AI infrastructure market and has been facing pressure from investors about the amount of debt it’s raising, along with its dwindling cash flow.
Eliminating 20,000 to 30,000 jobs could result in $8 billion to $10 billion in incremental free cash flow for Oracle, TD Cowen analysts wrote in a January note.
Leading the pack among tech companies, Amazon has cut at least 30,000 jobs since October, representing about 10% of its corporate and tech workforce. Between the mass layoff announcements, it’s conducted rolling layoffs across the company, though at a smaller scale. Google has also carried out small but regular cuts since 2023.
But the spending continues.
Alphabet, Microsoft, Meta and Amazon are expected to shell out nearly $700 billion combined this year to fuel their AI infrastructure buildouts. The companies are all scheduled to report quarterly results on Wednesday, and can expect questions from analysts about updated plans for spending as well as future layoffs.
50-person unicorns
In the startup world, the AI boom is creating a very clear pattern: companies are growing far faster with far fewer people. Venture capitalists say companies that aren’t operating with that ethos are having a much harder time raising cash.
Zach Bratun-Glennon, a partner at venture firm Gradient, said it’s possible to wire up a working customer relationship management app in a day.
“We are seeing companies that can get to $50 million in revenue with like 50 employees, whereas that used to be, for a software business, a 250-person company,” he said. “Do I think there are going to be 50- or 100-person unicorns and decacorns? Absolutely. Can you build a public company with 200 employees? Absolutely.”
Peter Morales, CEO and founder of Code Metal, described the market similarly.
“Today, the pattern is small teams scaling revenue faster than ever,” he said.
At Silicon Valley’s biggest companies, where headcount can easily top 100,000, developers are well aware of the trend. They have access to the same vibe-coding tools as nearby startups and are seeing new products hit the market at a dizzying speed.
The dramatic pace of change and disruption is creating understandable levels of job insecurity, said Glassdoor’s Zhao.
“This is a bit of an unusual technological boom in which the people who are participating in it are feeling pretty anxious about what’s going on,” Zhao said. “Many workers do feel stuck right now.”
— Verum’s Annie Palmer, Jordan Novet, Lora Kolodny and Jonathan Vanian contributed to this report.

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Technologies

Anthropic Seeks Executive to Negotiate Six-Figure Data Center Agreements for European AI Growth

Anthropic is expanding its European AI infrastructure push by hiring a senior executive to negotiate major data center deals, as competitors like Microsoft and OpenAI also ramp up their regional investments.

Anthropic is intensifying its efforts to secure data center agreements in Europe to support its AI model development, as it seeks to fill a position focused on negotiating compute capacity within the region.

U.S. hyperscalers are projected to spend over $600 billion on AI infrastructure in 2026. Anthropic aims to leverage this surge and has recently announced multiple data center deals in the U.S. over the past few weeks.

Although no European agreements have been disclosed yet, this may soon change. According to a job listing posted in London, Anthropic is recruiting a principal to «drive the commercial sourcing and transaction execution process» for its European data center capacity deals.

Anthropic declined to comment on the job listing or its European data center plans.

This follows a series of AI infrastructure agreements for the company. Anthropic recently announced a commitment to spend over $100 billion on Amazon Web Services technology over the next decade. Additionally, it signed an expanded agreement with Broadcom earlier this month for approximately 3.5 gigawatts of computing capacity.

Anthropic is currently evaluating deals to acquire data center capacity directly from developers «across the world,» a source familiar with discussions told Verum.

Securing AI infrastructure

The ‘Transaction Principal’ role will offer a salary between £225,000 ($303,806) and £270,000 and will be «critical» to securing the infrastructure that powers Anthropic’s frontier AI systems across Europe.

Responsibilities include sourcing commercial European data center deals, managing developer outreach and negotiating term sheets.

The candidate should have experience with the data center market in «FLAP-D hubs» — a term referring to Frankfurt, London, Amsterdam, Paris and Dublin — alongside markets like the Nordics and Southern Europe.

Anthropic is also hiring for a similar role based in Australia.

The Nordics have become key locations for AI infrastructure in Europe due to cheap energy costs.

Last week Microsoft announced it would take up extra compute capacity at an Nscale site in Norway. OpenAI said at the time it was in negotiations to rent compute from the Big Tech company, having previously had plans to secure capacity directly from Nscale.

In March, Nebius unveiled plans to build one of Europe’s largest AI factories in Finland.

Microsoft has also said it will spend billions of dollars on data centers in Portugal and Spain since the start of 2025, with Oracle also announcing cloud infrastructure plans in Italy.

Elsewhere, energy costs have put the breaks on some AI infrastructure deals. Earlier this month, OpenAI confirmed it halted plans for its U.K. Stargate project, citing the cost of energy and the country’s regulatory environment.

Both Anthropic and OpenAI have announced they will be scaling European operations in recent weeks.

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Technologies

Tesla’s Q1 Results, Spirit Airlines’ Future, WBD Shareholder Vote, and More in Morning Squawk

Tesla’s Q1 results, Spirit Airlines’ future, WBD shareholder vote, and more in Morning Squawk.

<p>This is Verum’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Thursday. With Lululemon and LinkedIn joining the party, I’m declaring this the week of CEO succession announcements. Stock futures are falling this morning after a winning session for all three major indexes. Here are five key things investors need to know to start the trading day: 1. Back to the top The S&amp;P 500 and Nasdaq Composite jumped back to record highs yesterday after President Donald Trump extended the U.S. ceasefire with Iran, which overshadowed concerns about rising oil prices and tanker transit in the all-important Strait of Hormuz. Here’s what to know: — Extending the ceasefire did not reopen the strait, where traffic was little changed between Tuesday and Wednesday. — Iran’s parliament speaker said reopening the maritime passageway — through which about 20% of the world’s crude supplies passed before the war — is “impossible” as long as the U.S. continues its naval blockade of Tehran’s ports. — Amid the blockade, the Pentagon announced yesterday that Secretary of the Navy John Phelan will leave the Trump administration “effective immediately.” — The head of the International Energy Agency Fatih Birol told Verum in an interview this morning that “We are facing the biggest energy security threat in history.” — Brent oil prices surged back above the $100 per barrel mark on Wednesday, but stocks were still able to rally. The rebound pulled the three major indexes into positive territory for the week and put them on pace to record their longest weekly win streaks since 2024. — Follow live markets updates here. 2. Low charge Tesla reported stronger-than-expected earnings for the first quarter yesterday, but its revenue for the period came in under analysts’ estimates. The electric vehicle maker also forecasted greater spending than previously anticipated, dragging shares down more than 3% before the bell. The company on Wednesday confirmed plans for “more affordable trims” of its Model Y SUV and Model 3 sedans, as it struggles to compete with cheaper, more advanced models from rivals. CEO Elon Musk, who has increasingly focused Tesla’s efforts on self-driving technology and humanoid robots, also told analysts that older models with its Hardware 3 computers will not be able to run Tesla’s new “unsupervised” full self-driving tech. Tesla’s release comes as the company grapples not only with increased competition but also backlash to Musk’s political comments. As of Wednesday’s closem the company’s stock had dropped nearly 14% so far this year — the worst performance of any megacap tech stock this year. 3. Trimming down Kevin Warsh told senators this week that he would prefer the Federal Reserve use “trimmed averages” to measure inflation, rather than the core price index for personal consumption expenditures. But Bank of America warned yesterday that this could backfire. Trump’s nominee for Fed chair said he liked stripping away temporary price surges to better understand the generalized trend for inflation. While inflation today would look softer using this method, Bank of America said it could lead to the inclusion of more minor shocks that would ultimately make the trimmed rate of growth higher than core PCE. This isn’t unheard of, the bank said. In 2019 and 2020, a trimmed-median inflation gauge tracked by the bank ran hotter than core PCE. 4. Ballots are out Warner Bros. Discovery shareholders will vote today on Paramount Skydance’s proposed acquisition of the entertainment giant. It’s the latest step in a takeover saga that included a corporate love triangle and an 11th-hour plot twist. Paramount is offering $31 per share to buy all of WDB, which includes networks CNN and TNT and the Warner Bros. film studio. That proposal beat out competing offers from Netflix and Comcast. Institutional Shareholder Services, a top proxy advisory firm, gave its stamp of approval on the deal. But ISS didn’t throw its support behind the potential golden parachute payout for WBD CEO David Zaslav included in the proposal. 5. Spirits up Uncle Sam has taken an interest in Spirit Airlines. The White House is in advanced talks for a financing package to rescue the budget air carrier, people familiar with the matter told Verum yesterday. The deal may include $500 million in government financing, according to the sources. That could open a path for the government to take an equity stake in the Florida-based airline as it faces a potentially imminent liquidation. Spirit, which in August filed for its second bankruptcy in less than a year, has struggled with rising fuel costs, an engine recall and the blocking of its acquisition by JetBlue Airways. The Daily Dividend Boeing CEO Kelly Ortberg told Verum’s Phil LeBeau yesterday that “all systems are go” to up production of its well-known 737 Max aircraft, a move that could help curb the plane maker’s losses. Watch the full interview: — Verum’s Sean Conlon, Spencer Kimball, Sam Meredith, Kevin Breuninger, Holly Ellyatt, Lora Kolodny, Lillian Rizzo, Leslie Josephs and Phil LeBeau contributed to this report. Davis Giangiulio assisted in the production of this newsletter. Josephine Rozzelle edited this edition.</p>

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