Anduril opens a $1.3bn employee tender at a $90bn valuation
Anduril opens a $1.3bn employee tender at a $90bn valuation

Anduril is letting current and former employees sell shares in a tender offer that values the defence tech company at about $90bn. The shares are priced at $94.80 each, and the offer is capped at about $1.3bn, according to Bloomberg’s sources. Rebecca …

Eight US states sue OpenAI, alleging ChatGPT harms children
Eight US states sue OpenAI, alleging ChatGPT harms children

Attorneys general in Arizona, Arkansas, Idaho, Iowa, Kansas, Montana, Nebraska and West Virginia filed separate lawsuits against OpenAI on 14 October. Each claims ChatGPT has hurt young users and that the company misled the public about its safety. Dia…

Ukraine’s drones still lose Starshield above 161 km/h, Zelenskyy says
Ukraine’s drones still lose Starshield above 161 km/h, Zelenskyy says

“We lose Starlink and lose the interceptor,” Ukrainian President Volodymyr Zelenskyy told reporters on 17 October, Bloomberg reported. Zelenskyy said speed limits on Starshield, SpaceX’s military satellite network, remained in place across Ukraine. Ukr…

Japan puts up to $21bn into two GlobalFoundries chip fabs in New York
Japan puts up to $21bn into two GlobalFoundries chip fabs in New York

“Right now, the whole industry is in short supply,” GlobalFoundries CEO Tim Breen told Bloomberg. Japan will put up to $21bn into two new chip factories at GlobalFoundries’ site in Malta, New York, the company announced on 14 October. GlobalFoundries (…

EU investigates OpenAI and Anthropic over agent hacks, Euronews reports
EU investigates OpenAI and Anthropic over agent hacks, Euronews reports

“Our AI Office has started enforcing these rules, and sent Requests for Information addressing issues such as security, external evaluation and monitoring how models are used,” EU tech chief Henna Virkkunen said in a speech in Dublin on 14 October. The…

MI5 opens an AI threat centre as OpenAI tells MPs more incidents may come
MI5 opens an AI threat centre as OpenAI tells MPs more incidents may come

“Human history has given us no experience of facing an actor which is smarter than we are. Is capable of out-thinking us.” Sir Ken McCallum, director general of MI5, said this about AI on 13 October. He was giving his annual threat update at MI5’s Lond…

Trump’s AI task force starts work and tells labs to report rogue behaviour
Trump’s AI task force starts work and tells labs to report rogue behaviour

“Our message to all SI companies is clear: delayed notification, inadequate corrective action, and a failure to take responsibility will not be tolerated,” the task force’s leaders said. Jay Clayton, Andrew Ferguson, Scott Kupor and Emil Michael lead D…

Geoffrey Hinton tells the Guardian humans are creating ‘alien beings’
Geoffrey Hinton tells the Guardian humans are creating ‘alien beings’

“Now we’re creating alien beings … And the reality is, we only have a couple of years to adapt to that.” Geoffrey Hinton, the Nobel laureate often called a “godfather” of AI, said this to the Guardian. The interview ran on 13 October. Leyland Cecco int…

Poland tells tech platforms to curb violent content after school attacks
Poland tells tech platforms to curb violent content after school attacks

Poland summoned Google, Meta, TikTok, Discord, and Telegram on Friday and told them to do more to stop violent content from spreading after knife attacks at schools, Reuters reported. Elon Musk’s X was also invited but did not attend. The attacks took …

China proposes export controls on its advanced AI models and chip designs
China proposes export controls on its advanced AI models and chip designs

China’s commerce and science ministries proposed adding 23 AI technologies, including large models, agents, chip designs, and computing clusters, to the country’s export control list. Open-source tech is exempt and overseas users can still access model…