Nvidia now holds $99bn in shares of the companies that buy its chips
Nvidia now holds $99bn in shares of the companies that buy its chips

Nvidia sells the chips that the AI industry runs on. It now also owns $99bn of the industry. The figure sits in the company’s own quarterly filing. CNBC’s Kai Nicol-Schwarz pulled it out. Nvidia equity investments stood at $99bn as of 26 July. A year e…

Thinking Machines is in talks to raise $6bn, The Information reports
Thinking Machines is in talks to raise $6bn, The Information reports

Mira Murati’s Thinking Machines Lab is raising money again. The figure that travelled around the internet last week was the wrong one. The Information broke the story on 3 September. Its current version puts the raise at $5bn to $6bn, on a pre-money va…

The US paid for a peace deal in Nvidia chips
The US paid for a peace deal in Nvidia chips

When Armenia opened the biggest AI factory in its region last month, we filed it under compute diplomacy. The Wall Street Journal now reports what the compute actually bought. Robbie Whelan reported on Friday that US negotiators used the promise of acc…

Thailand halted more data centres than it has running
Thailand halted more data centres than it has running

Thailand has stopped construction on 49 data centres, which is more than it currently has running. Anuchit Nguyen reported the suspension for Bloomberg on Friday, after the first meeting of a new supervision commission chaired by finance minister Eknit…

EU tech chief says AI guardrails are coming to the US anyway
EU tech chief says AI guardrails are coming to the US anyway

Henna Virkkunen told Axios at the G20 innovation ministerial that the US and the EU keep arriving at similar AI protections, Europe by regulating in advance and America through courts and state law. She made the argument at the summit where Washington …

Kenya bet its graduates on gig work in 2022. ChatGPT launched that year
Kenya bet its graduates on gig work in 2022. ChatGPT launched that year

In 2022 Kenya adopted a ten-year national plan to move its graduates into online outsourcing work. OpenAI released ChatGPT the same year. Adam Satariano and Paul Mozur set out what happened next, reporting from Nairobi for the New York Times with Edwin…

The man paid to prove Fermat by hand says Claude did it in 11 days
The man paid to prove Fermat by hand says Claude did it in 11 days

A mathematician holds a five-year grant to formalise Fermat’s Last Theorem. It has been done for him in eleven days, and he says the result tells us nothing about mathematics. Anthropic published the proof on Friday. Dozens of Claude agents wrote 13 mi…

OpenAI’s AGI number came from a harness, not the model
OpenAI’s AGI number came from a harness, not the model

OpenAI declared the AGI era on the strength of a 99.9% score. Run the same model through the benchmark’s own software, and it scores 62.7%. The gap is not a rounding error or a rival’s complaint. It comes from the organisation that built the test. ARC …

Two more newsrooms join the case against OpenAI and Microsoft
Two more newsrooms join the case against OpenAI and Microsoft

The Seattle Times and Newsday have sued OpenAI and Microsoft, alleging the companies methodically scraped articles in a way that bypasses paywalls. The EU’s general-purpose AI code commits signatories not to circumvent access restrictions, naming subsc…