The UK government’s £500M sovereign VC fund invests in UK security startup Augur

The UK government’s £500m VC fund investing in domestic AI startups today said it was investing in a British startup which leverages AI technology to update Britain’s surveillance network. The Soverei…

Miracly launches with €1.8M to automate AI-powered marketing

AI marketing platform Miracly, developed by TheWild Ventures, the company behind Scandinavian home decor brand Wild Palace,has launched following the announcement of a €1.8 million pre-seed fundingrou…

Scimplify raises $25M to speed up critical materials production with AI
Scimplify raises $25M to speed up critical materials production with AI

Indian startup Scimplify has raised $25M led by Hitachi Ventures to supply specialty chemicals and critical materials outside China, with German customer Henkel joining as an investor. The new production network is going to the US and Japan, not Europe…

Saudi OpenAI engineer arrested for allegedly planting $14 recording device in company office
Saudi OpenAI engineer arrested for allegedly planting $14 recording device in company office

An OpenAI engineer has been charged with using or endeavoring to use an electronic, mechanical, or other device to intercept oral communications and is facing up to five years in prison plus a $250,000 fine.

Apple, OpenAI head to court over AI trade secrets, with the case on the line
Apple, OpenAI head to court over AI trade secrets, with the case on the line

A federal judge in San Jose hears two opposed motions on the same day, Apple’s request to stop OpenAI using anything taken from it and OpenAI’s request to throw the case out. Apple won part of its expedited discovery on Tuesday, and was refused part of…

US and European regulators question banks about AI agents and cyber risks
US and European regulators question banks about AI agents and cyber risks

Banking regulators in the US and Europe are stepping up efforts to contain the risks AI poses to banks, Reuters reported, citing six people familiar with the matter. Some fear that cyberattacks or rogue AI agents could shake the financial system. In th…

Apple researchers turn idle Macs into a virtual GPU cloud with ‘Minions’
Apple researchers turn idle Macs into a virtual GPU cloud with ‘Minions’

Apple researchers describe Minions, an internal system that runs AI inference jobs on idle Apple Silicon Macs when GPUs are scarce.

Google to provide 200 European scientists access to its frontier models

Google DeepMind and Alphabet’s cloud service, Google Cloud, will provide up to 200 top European scientific researchers with direct access to its frontier models, together with $3 million in compute cr…

Anthropic opens a Singapore office and signs an AI safety MOU with the government
Anthropic opens a Singapore office and signs an AI safety MOU with the government

Anthropic has opened an office in Singapore, its fifth in Asia-Pacific, and signed a memorandum of understanding with the government. Neither comes with a figure or a headcount. The memorandum covers AI safety, security and model evaluation, research o…

Anthropic’s international chief says open models carry more risk by definition
Anthropic’s international chief says open models carry more risk by definition

Anthropic’s head of international told Bloomberg TV in Dublin that open alternatives to its models carry more risk by definition. That is a broader claim than the one Dario Amodei set out in July, when he wrote that open-weight models without dangerous…