Shares in Shanghai Enflame Technology closed 179% above their offer price on their first day of trading on Shanghai’s Star Market on Friday. The Tencent-backed AI chipmaker had raised about 6.12bn yuan ($911m) in its initial public offering, Bloomberg …
Amazon will let advertisers buy ads in ChatGPT through its own advertising platform. Amazon Ads announced the partnership with OpenAI in a blog post on 10 September. Select US advertisers are already testing it in a pilot. Advertisers who plan and run …
US President Donald Trump has no concerns about AI leading to human extinction. “No, I don’t have any,” he told reporters on Thursday, as he left Dallas. Jeff Mason reported the exchange for Bloomberg. Trump said his worry was losing the race. “I have …
Gill Haus explains Chase’s approach to AI – and getting the core fundamentals right.
The United Arab Emirates has gone back to the drawing board on the biggest AI construction project in the Gulf, according to an exclusive report by Reuters. The original idea was a single campus covering ten square miles of desert outside Abu Dhabi, ro…
Anthropic has built a model of how AI might reshape the US economy by 2030. Its most extreme case describes an economy roughly a third larger than it would otherwise be. That same case carries knowledge-work unemployment near 18 percent. The company pu…
“At this point, I won’t go as far as a moratorium,” Prime Minister Andy Burnham told the House of Commons on 9 September, when a Labour MP asked him to back a pause on new data centres. Jacob Reid reported the exchange for Bloomberg. On the same day, t…
Loft Orbital and Marlan Space have announced a $1bn programme to grow their AI-equipped satellite constellation from 10 satellites to 50, with Mistral supplying the AI models on board. The two companies set out the plan in a press release on 9 Septembe…
London startup HelmGuard has raised $7.3m in seed funding. It uses AI agents to check how companies manage security and compliance. Infinity Ventures and Frontline co-led the round, the company said in its funding announcement on 9 September. FinTech C…
Anthropic claims Claude refused instructions to potentially develop biological weapons — alleged state-linked accounts tried to evade identification and regional blocks