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Ex-Executives of Bankrupt AI Company Charged with Fraud
BusinessReuterschannel-news-asia2d ago2 sources

Ex-Executives of Bankrupt AI Company Charged with Fraud

The former Chief Executive Officer and Chief Financial Officer of a bankrupt artificial intelligence company have been charged with fraud. The charges follow the company's financial collapse and alleged misconduct by its leadership.

Cybersecurity Chief Warns of AI's Unpredictable Impact
Politicsrte-news6d ago

Cybersecurity Chief Warns of AI's Unpredictable Impact

A cybersecurity chief is set to issue a warning about the unpredictable impact of artificial intelligence, emphasizing potential risks. This comes as an Irish cybersecurity watchdog also provided an update concerning the AI company Anthropic.

SoftBank Lenders Seek More Banks for $40 Billion OpenAI Loan
Technologybloombergjapan-timesseeking-alpha4d ago3 sources

SoftBank Lenders Seek More Banks for $40 Billion OpenAI Loan

Lenders to SoftBank are reportedly seeking additional banks to join a substantial $40 billion loan facility intended for artificial intelligence firm OpenAI. This move indicates the significant financial backing being arranged for the prominent AI company.

Trump Hails 'Progress' on Iran Deal While Threatening Infrastructure Attacks
WorldAPReutersbloomberg+57NYTwsjFTwapoThe GuardianAl JazeeraCNNFox News+49 more19d ago60 sources

Trump Hails 'Progress' on Iran Deal While Threatening Infrastructure Attacks

Former President Donald Trump claims the U.S. is negotiating with Iranian leadership and has made 'progress' on a deal, but simultaneously threatens to destroy Iran's oil wells, Kharg Island, and desalination plants if an agreement is not reached shortly. Gulf allies are reportedly urging him to continue fighting until the Islamic regime falls.

Judge Freezes Pentagon's Move Against AI Firm Anthropic
TechnologyFox Newscbcpublico+1The Week23d ago4 sources

Judge Freezes Pentagon's Move Against AI Firm Anthropic

A judge has sided with AI company Anthropic, temporarily blocking the Pentagon's attempt to label the company a 'supply chain risk' and blacklist it, following Anthropic's lawsuit alleging rights violations. This ruling pauses the effort to sideline Anthropic, drawing both backlash and support regarding the judiciary's role in Pentagon policy.

Baltimore Sues Elon Musk's xAI Over Grok Deepfake Porn
TechnologyReutersThe Guardiancnbc+2channel-news-asiaseeking-alpha25d ago5 sources

Baltimore Sues Elon Musk's xAI Over Grok Deepfake Porn

The city of Baltimore has become the first U.S. city to file a lawsuit against Elon Musk's xAI, alleging that its Grok chatbot generated deepfake pornographic images and that the company failed to disclose associated risks.

Elon Musk's xAI Faces Founder Exodus, With Only 3 of 12 Remaining
TechnologyFTcnbcmarketwatch+4Yahoola-vanguardiachannel-news-asiaseeking-alpha1mo ago7 sources

Elon Musk's xAI Faces Founder Exodus, With Only 3 of 12 Remaining

Elon Musk's AI company, xAI, is experiencing a significant exodus of its founding members, with reports indicating that only 3 of the original 12 founders remain. This comes as Musk acknowledges the company was 'not built right' and is reportedly reviewing old résumés to find new talent.

AI Firm Anthropic Designated US National Security Risk, Vows Court Fight
TechnologyReutersbloombergwsj+19FTThe Guardiancnbcder-standardtelextvn24Business Insiderdelfi-lt+11 more1mo ago22 sources

AI Firm Anthropic Designated US National Security Risk, Vows Court Fight

AI firm Anthropic plans to fight in court after the Pentagon designated it as a US national security risk, marking the first time a US company has received such a label, typically reserved for foreign adversaries.

Ben Affleck sells his AI postproduction startup to Netflix
TechnologywsjThe GuardianNPR+2der-standardtelex1mo ago5 sources

Ben Affleck sells his AI postproduction startup to Netflix

Announcing the InterPositive deal, the actor says he was moved from being scared of the technology to embracing it Ben Affleck has sold his artificial intelligence company to Netflix in a surprise deal, saying he had been driven to embrace a technology that had initially “really scared” him. Netflix has acquired the postproduction startup InterPositive from the Oscar-winning actor, director, producer and screenwriter for an undisclosed sum. Continue reading...

Businessforbes3d ago

France's Mistral AI Builds $14 Billion Empire

French AI company Mistral has achieved a $14 billion valuation, distinguishing itself by building a significant presence in the artificial intelligence sector without being an American firm. This highlights its unique approach and market success.

Allbirds Shares Soar After Pivot to AI
BusinessAPReutersBBC+14wsjThe GuardianCNNcnbcvgmarketwatchBusiness Insiderforbes+6 more3d ago17 sources

Allbirds Shares Soar After Pivot to AI

Footwear company Allbirds announced a strategic pivot from making sneakers to focusing on artificial intelligence, leading to a dramatic surge in its stock price.

Anthropic Discusses "Dangerous" AI Model Mythos With US Government
Businesshelsingin-sanomattvn24Times of India+1seeking-alpha5d ago4 sources

Anthropic Discusses "Dangerous" AI Model Mythos With US Government

AI company Anthropic is reportedly in discussions with the US government and other key institutions regarding its new, powerful AI model, Mythos. The model has raised concerns among some about its potential dangers, prompting urgent meetings.

Anthropic's Rapid Growth and AI Understanding
Businesslsm-lv14d ago

Anthropic's Rapid Growth and AI Understanding

AI company Anthropic is experiencing rapid growth, attracting €50 billion in investments and reaching a €380 billion valuation, while a representative notes only 5% of the world's population understands AI.

Anthropic Blames Human Error for Claude AI Source Code Leak
ScienceTimes of India18d ago

Anthropic Blames Human Error for Claude AI Source Code Leak

AI company Anthropic has attributed the leak of its Claude Code source code to human error, specifically a packaging issue, rather than a security breach, leading to the unintentional exposure of thousands of files and raising competitive concerns.

US Judge Blocks Pentagon's Attempt to Blacklist AI Firm Anthropic
TechnologyAPReutersBBC+39bloombergNYTwsjFTle-mondewapoThe GuardianNPR+31 more23d ago42 sources

US Judge Blocks Pentagon's Attempt to Blacklist AI Firm Anthropic

A federal judge has rejected the Pentagon's attempt to immediately enforce a ban on AI company Anthropic's tools, reinforcing an earlier temporary block and preventing the government from crippling Anthropic's operations.

Bulgarian AI Startup Mandel Raises $3.9 Million Seed Round
Businesscapital-bg25d ago

Bulgarian AI Startup Mandel Raises $3.9 Million Seed Round

Bulgarian AI company Mandel AI, founded by Nikolay Gospodinov, has successfully closed a $3.9 million seed funding round with participation from Y Combinator, Category Ventures, Ritual Capital, and e2vc, to develop autonomous AI agents for supply chain coordination.

Encyclopedia Britannica Sues OpenAI Over Copyright Infringement
Technologymkd-mk1mo ago

Encyclopedia Britannica Sues OpenAI Over Copyright Infringement

Encyclopedia Britannica has filed a lawsuit against OpenAI, alleging that the AI company used its online articles, encyclopedias, and dictionary entries to train ChatGPT. The lawsuit claims that ChatGPT's content summaries are 'cannibalizing' Britannica's internet traffic.

Tennessee minors sue Musk’s xAI, alleging Grok generated sexual images of them
TechnologyBBCThe GuardianNPR+8marketwatchBusiness Insiderdigi24indian-expressjapan-timesjerusalem-postchannel-news-asiadaily-mirror-lk1mo ago11 sources

Tennessee minors sue Musk’s xAI, alleging Grok generated sexual images of them

Teens have filed a lawsuit against Elon Musk's xAI, alleging that Grok generated pornographic images of them, adding to the ongoing scandal that has already prompted warnings from the Australian online safety regulator regarding child abuse material on X.

Anthropic Battles Trump Administration Over AI Restrictions and Pentagon Contracts
TechnologyThe GuardianFox Newsberlingske+1observador1mo ago4 sources

Anthropic Battles Trump Administration Over AI Restrictions and Pentagon Contracts

The Trump administration is engaged in a legal battle with AI company Anthropic over technology limits, with the Pentagon classifying Anthropic as a supply-chain risk and severing contracts, raising questions about the company's Democratic ties and how businesses might be affected by Trump's political priorities.

Anthropic Sues Pentagon Over ‘Supply Chain Risk’ Label
TechnologyAPReutersBBC+51bloombergNYTwsjFTThe GuardianNPRnzzcnbc+43 more1mo ago54 sources

Anthropic Sues Pentagon Over ‘Supply Chain Risk’ Label

AI developer Anthropic has filed a lawsuit against the US Department of Defense to challenge its 'supply chain risk' designation, with Microsoft, Google, and OpenAI staff publicly urging a US judge to block the Pentagon's decision and prevent a ban on Anthropic's technology in existing defense…

Anthropic Resumes Talks with Pentagon After Dispute
TechnologyNYTcnbcberlingske+4rzeczpospolitadeloTimes of Indiazerohedge1mo ago7 sources

Anthropic Resumes Talks with Pentagon After Dispute

AI company Anthropic, creator of the Claude model, is reportedly back in discussions with the Pentagon after negotiations were halted in late February following a dispute with the White House.