OpenAI has put figures and detail on the slowdown it signalled this week. It paused some frontier training for two weeks, it said. It is also running a new monitoring system for the riskiest work. That system adds about 20 percent to the compute cost o…
Nebius Group said on Wednesday that it plans to raise $4.5 billion by selling convertible bonds. It will use the money to build data centres for artificial intelligence. The Amsterdam-based company set out the plan in a statement. The offering comes in…
Temporal Technologies is in talks to raise around $500 million, Bloomberg reported on Tuesday. The round would value the software startup at $12 billion or more before the new money, the news agency said. It cited people familiar with the talks. The ro…
Anthropic says its Claude models designed working protein binders and ran a chemical-analysis job in minutes. It published the two experiments on Tuesday. The company reported the results itself. It framed them as early evidence that Claude can speed u…
Rillet, a startup that rebuilds corporate accounting around AI, has raised $100mn at a $1bn valuation, making it the latest AI unicorn. ICONIQ led the Series C, the company told Fortune in an exclusive. Nick Lichtenberg reported the deal. It is Rillet’…
Pew found that 55% of Americans under 30 are now more concerned than excited about AI, the first majority since it began asking in 2021, with 73% expecting fewer jobs. A European Commission survey found displacement fears highest among younger, lower-i…
Bangalore-based Murf AI is releasing its Falcon 2 voice model on 20 August at $0.01 per generated minute, a fifth of what ElevenLabs charges. The company says it scores above some OpenAI models on the independent Artificial Analysis leaderboard. A Bang…
Europe’s data centre capacity will reach 13 gigawatts by the end of 2026, a fifth more than last year, and most of the new supply is no longer landing where the industry has always built. Of the roughly 700 megawatts added in the second quarter, only 3…
Anthropic’s push to label AI-written text has produced an immediate counter-move. Developers have started building tools to strip those labels off, according to Business Insider. Thibault Spirlet and Agnes Applegate reported that one remover has gone v…
Nebius, the Amsterdam-based AI infrastructure provider, is looking to raise $4.5bn through convertible notes, it said today, as it looks to finance the sizeable cost of compute and data centre build-o…