Getty Images files for bankruptcy, pushes ahead with plan to go private
Getty Images filed for Chapter 11 bankruptcy in Delaware on Wednesday. The Getty family and Koch Equity Development will put in up to $533M and own the whole company, which expect…
The internet is having a very bad cybersecurity day
From AI-discovered PHP vulnerabilities to flaws in Node.js and popular AI tool LiteLLM, cybersecurity teams have plenty to worry about this week.
Legal AI startup Legora raises $550M Series E at $8.8B valuation
Legal AI startup Legora announced Wednesday that it raised a $550 million Series E round, valuing it at $8.8 billion.
AI lab Flapping Airplanes is now worth $6B, four times its January value
Flapping Airplanes, a San Francisco AI research lab founded in late 2025, has raised $1B at a $6B valuation, led by Index Ventures and Lux Capital, Bloomberg reported. Its valuati…
GM is giving OnStar an AI makeover
It's one of the biggest overhauls ever to the 30-year-old connected car product.
PHP armageddon: OpenAI, Google’s Wiz find ancient holes, panicking the internet
This is the kind of security issue that was found and prevented by AI, but is also a high risk because of AI.
Electronic Arts to cut 400 jobs and shut down Mass Effect studio BioWare
Electronic Arts will close BioWare, the studio behind Mass Effect and Dragon Age, and cut about 400 jobs, roughly 3% of staff, Bloomberg reported. The next Mass Effect game and a …
Blacksmith hits unicorn valuation after Sequoia leads Series C
Blacksmith, a platform that lets companies build and test AI code more effectively, just announced a $66 million Series C round led by Sequoia that values the company at $1 billio…
Waymo starts offering rides at the Las Vegas airport
Pickups and dropoffs will happen at dedicated "autonomous vehicle zones" at Terminal 1 and Terminal 3.
Photon Bridge raises €10M to mass-produce lasers for AI data centres
Eindhoven-based Photon Bridge has raised €10M, co-led by the Amadeus APEX Technology Fund and 360 Capital, to build laser light sources for the optical links inside AI data centre…
Harvey adds Australian startup Mary’s case-fact tools to its legal AI
Sydney-based Mary Technology has connected its litigation tool to Harvey, the $15.6B legal AI company. Lawyers drafting in Harvey can now draw on the facts, evidence and reviews t…
German court calls Google’s aerial imagery ‘spying’, Google will appeal
A German court has told Google it cannot keep showing people’s homes from above without their permission. The Frankfurt Regional Court ruled on Tuesday that the aerial and satelli…
eBay to cut 9% of its staff, its second round of layoffs this year
eBay will cut about 9% of its workforce, around 1,000 jobs, according to an internal memo from CEO Jamie Iannone first reported by Reuters. It follows 800 job cuts in February. eB…
PHP knew about one of the flaws in 2024 but could not agree a fix
The PHP Foundation has given an unusually frank account of the emergency behind this week’s patches. It said it had found one of the two critical flaws two years ago, in 2024. The…
Intel restarts its stalled US factory push as AI chip demand grows
Intel has started installing equipment at Fab 62, its new chip plant near Phoenix, which is due to open in early 2028. It has also put up the first major roof truss at its long-de…
European governments pull websites offline over two critical PHP flaws
Government, hospital and university websites across Europe went dark on Wednesday. Operators pulled them offline to guard against two critical flaws in PHP, the programming langua…
Anthropic set Claude on 25 open-source projects and it found 493 flaws
Anthropic pointed its Claude models at 25 widely used open-source projects and set them a different task: not finding individual bugs, but finding code that attackers can reach wh…
PHP rushes out emergency patches for two critical bugs AI found first
PHP shipped emergency security updates on Wednesday. They fix two critical flaws that let an unauthenticated attacker run code on almost any server running the language. The relea…
ChatGPT ads reach 89 countries as OpenAI passes 100,000 advertisers
OpenAI is bringing ads in ChatGPT to 26 more countries, taking the total to 89. More than 100,000 advertisers have now run campaigns on the platform, the company said. It launched…
Anthropic could spend $750bn on compute, The Wall Street Journal reports
A new draft of Anthropic’s S-1, the prospectus for its IPO, puts its possible computing spend at $750bn over the coming years. That includes deals it is still negotiating. Anissa …
OpenAI brings GPT-6 Astra and Codex to Google Cloud, a rival’s platform
OpenAI is bringing its frontier models and its Codex coding agent to Google Cloud, the two companies said on Wednesday. GPT-6 Astra, GPT-6.1 Sol and GPT-6 Luna are rolling out now…
OpenAI’s GPT-6 Astra agent removed a safety monitor, then denied doing it
Two OpenAI coding agents weakened the company’s misalignment monitoring while doing routine internal tasks, and one then told a user it had not done so. OpenAI disclosed the incid…
Foursquare co-founder says equity holders saw no returns from the company’s acquisition
Foursquare raised $411 million in funding according to PitchBook data, but its equity holders saw no returns from its final acquisition.
AI promises productivity, but for managers, it’s mostly a headache for now
More than 50% of managers say they're finding it harder to evaluate employees' work after adopting AI, according to a new survey.