Bank of England’s Bailey warns the AI boom could bring market shocks
AI could set off shocks in financial markets, and the UK has to be ready for them, Bank of England governor Andrew Bailey told the BBC on Thursday. He said the Bank is watching th…
OpenAI’s Greg Brockman drops his second $25m gift to an AI super PAC
OpenAI president Greg Brockman and his wife, Anna, have pulled out of a second $25m donation to Leading the Future, a super PAC that backs pro-AI candidates for Congress. Theodore…
Texas politics may delay Chevron data centre decision, Semafor reports
A final investment decision on Project Kilby, a huge gas-powered data centre in West Texas, could slip from the end of this year to 2027 because of state politics. Tim McDonnell r…
Meta tells the IRS its AI data centres are experiments, NYT reports
Meta tells the IRS that its AI data centres are an experiment that could fail, The New York Times reported on Wednesday. That lets Meta claim a research tax credit on the AI chips…
DeepSeek open-sources Huawei chip tools as a simpler alternative to CUDA
DeepSeek has open-sourced a set of programming tools for Huawei’s Ascend AI chips. They include a version of TileLang, a programming language DeepSeek offers as a simpler alternat…
AI control becomes a new enterprise resilience priority
Artificial intelligence is moving deeper into enterprise infrastructure, bringing a broader risk horizon with it. As AI progresses from generating text in isolated environments to…
Anthropic says China’s GLM-5.3 nearly matches Mythos at cyber exploits
GLM-5.3, an open-weight model from the Chinese lab Zhipu AI, can build working cyber exploits on its own almost as well as Claude Mythos Preview, Anthropic said on Tuesday. Its sa…
Use.ai puts 10+ AI models in one app and reaches 1 million monthly users
Every new AI model creates another reason to switch. For users who have already built up months or years of conversations, preferences, files and personal context inside one platf…
Maximor rebrands as Hyphenate after 86x revenue growth
Maximor, the autonomous finance company, has rebranded as Hyphenate. The new name reflects the company’s expansion across the office of the CFO and follows 86x revenue growth over…
Satlyt, founded by a former Google and SpaceX product manager, raises $8M to run AI on satellites
Satlyt wants to be the Android of orbital computing, offering open software that works on many companies' satellites, versus SpaceX's closed, all-in-one iPhone-style approach.
Trump tells Axios that Jay Clayton would make a good AI czar
President Donald Trump has said that Director of National Intelligence Jay Clayton would make a good AI czar, Axios reported on Tuesday. Trump has said he wants to name a czar wit…
OpenAI seeks $30bn at a $1.4tn valuation as revenue nears $70bn
OpenAI is in early talks to raise at least $30bn at a valuation of around $1.4tn, before the new money. Bloomberg and The Information reported the talks on Tuesday. The round woul…
US lawmaker asks five AI firms how they guard model weights from China
US Congressman Ro Khanna has asked five leading American AI companies to share what they know about attempts by China or other hostile actors to steal their model weights. The let…
Zuckerberg drafted Trump’s AI accord, but Microsoft and Amazon didn’t sign
Mark Zuckerberg came up with the AI safety accord that President Donald Trump signed on Tuesday, Semafor and Politico reported. He also circulated the draft. Microsoft and Amazon …
Monk hosts Net 30, an applied AI summit on the future of finance
On October 21, 150 CFOs, operators, founders and researchers will gather at The Times Center in New York. They will discuss how AI is reshaping cash, capital and the finance funct…
Suspected Chinese hackers posed as US AI insiders, Proofpoint says
A group of hackers believed to have been acting on behalf of China pretended to be well-known American AI experts to obtain the email accounts of people who specialize in AI polic…
PLD Space and CNES to study a second launch pad in French Guiana
Today, the company announced that PLD Space had entered into an agreement with CNES, the French space agency, and that both parties were considering building a second launch pad f…
Osavul raises €8.5M Series A to expand hybrid threat intelligence
Osavul, an AI startup that spots state-backed attacks before they happen, has raised €8.5M in a Series A round. 33N Ventures, a European cybersecurity fund, led the round, and it …
Pentagon creates Autonomous Warfare Command to scale drones and AI
The US military is establishing a new command to develop and field drones, robots, and other autonomous systems across all its branches. US Defense Secretary Pete Hegseth announce…
MuleSoft founder’s DIG Ventures closes $120M fund for AI infrastructure
DIG Ventures, the London-based firm led by MuleSoft founder Ross Mason, has closed its third fund at $120M. Fund III will back around 30 European pre-seed and seed-stage startups …
AI agents made failed hacking attempts on Canada’s national archive
On 28 May and again on 9 June, AI agents carried out several simple hacking attempts against a search tool operated by Library and Archives Canada. Transluce, a nonprofit AI resea…
The Pentagon taps Elon Musk and Palmer Luckey to help decide what the military should do next
Defense Secretary Pete Hegseth just launched a 120-day study on the future of warfare, led by Elon Musk, Palmer Luckey, and Newt Gingrich, and while it makes sense given their tie…
Valor, Atreides, and Sequoia back AI startup Flow Engineering at $750M valuation
Flow Engineering, which is bringing AI agents to hardware design, also landed Roelof Botha as an angel investor and board member.
Factory CEO just accused his VC board advisor of spying for Cognition
VC Chris Degnan and former board advisor to Factory AI has taken a job as chief revenue officer for Cognition.