In the 1990s, almost every US state sued the tobacco industry. The resulting settlements cost hundreds of billions of dollars and transformed how cigarettes were marketed, sold, and regulated. Senator Ed Markey said in March that Big Tech’s Big Tobacco…
JPMorgan Chase is hiring Nomura Holdings’ international head of artificial intelligence strategy, according to Bloomberg, as the largest US bank by assets accelerates its recruitment of AI specialists. Singapore-based Tahir Zafar, who joined Nomura in …
In May, Google’s Threat Intelligence Group confirmed the first known case of an AI system discovering and weaponising a zero-day exploit that was then deployed in the wild. A criminal actor used a frontier model to find a two-factor authentication bypa…
Moonshot AI, the Beijing-based developer of the Kimi chatbot, is seeking as much as $2 billion in a new funding round that would value the company at $30 billion, Bloomberg reported on Sunday. If the round closes at that target, it would mark a seven-f…
BeatpulseLabs, a London-based AI data company transforming expert humanjudgment into high-fidelity training datasets for advanced multimodal AImodels, has raised $1.8 million in pre-seed funding. The …
Nvidia and SK Hynix have signed a multi-year agreement covering both the design and manufacture of next-generation memory chips for AI. The deal, announced on Sunday during Nvidia CEO Jensen Huang’s tour of South Korea, gives SK Hynix a formal co-devel…
Cosine, the British AI company selected by the UK Government as part of its Sovereign AI initiative, today announced that it has brought together a coalition of leading UK institutions to co-design Lu…
If you ever wonder what ChatGPT envisions when you ask it to restore an imaginary picture, the results will shock you. I reproduced it, and now I regret the decision.
The UK government will offer to buy AI chips directly from British technology companies in a bid to keep them in the country. Technology Secretary Liz Kendall will outline plans for “strategic purchases” of semiconductor equipment from UK-based firms a…
Google’s $920-million-a-month deal with SpaceX will let it secure 110,000 Nvidia GPUs starting October 2026. This is the second data center deal that SpaceX has secured in a matter of weeks, especially as it’s quickly appr…