Sam Altman says patching software flaws one by one will no longer keep up with AI-driven attacks. The OpenAI chief executive spoke to students at Stanford Graduate School of Business last week. Defenders will need a new kind of shield, he said, built w…
“I was told that there was a breach of trust because I interacted with a third party through unsanctioned channels,” Tomek Korbak said. Korbak is one of three OpenAI safety researchers fired last month. He spoke to The Wall Street Journal for a story b…
Almost six in 10 people working in tech say AI has added to their workload rather than cutting it. That is the headline finding of Web Summit’s first State of the Industry report, published on Thursday. Some 59% said their workload had increased, 20% s…
Boomi is approaching $1bn in recurring revenue, chairman and chief executive Steve Lucas told TNW. The integration company has tripled its revenue in the four years since he joined in 2022, he said. It helps that Boomi does data, and “AI needs data,” h…
Otter.ai has raised $320 million in growth financing from General Catalyst’s Customer Value Fund. The AI meeting notetaker announced the deal on Tuesday. It will use the money for enterprise growth, its go-to-market strategy, international expansion an…
Town, a San Francisco startup that gives each person at work an AI work assistant, has raised $108m in a Series B that values it at $1bn. Forerunner Ventures and Menlo Ventures co-led the round, the company announced on Monday. Existing investors a16z …
Disney expects to spend about $180m over three years on the Character.AI staff it is hiring, a bankruptcy court filing shows. The sum covers pay and retention. Character Technologies, which runs the chatbot platform, filed the papers in Delaware on 13 …
Netflix has named Peter Rice, the former chairman of Walt Disney Television, as its chief content officer. The company announced the move on Thursday. Rice will run its global content organisation, from scripted and unscripted series to film and live e…
OpenAI’s 110 staff in London received an average of about £2.3m each in 2025, counting salaries and shares. The figures come from the accounts of OpenAI UK Ltd, as Robert Booth reported for The Guardian. The staff shared £87m in salaries and £168m in s…
“Our company has more layers, more handoffs and more overhead than we need, so we are addressing this issue.” Kroger chief executive Greg Foran wrote this in a memo to staff on Monday, 12 October. The US supermarket chain will cut about 3,000 corporate…