Cambridge’s Worldmodeldata raises £7M to turn video games into AI training data
Cambridge’s Worldmodeldata raises £7M to turn video games into AI training data

The last wave of AI learned to describe the world. The next needs to learn how the world pushes back. A Cambridge startup thinks the answer hides inside video games. Worldmodeldata has raised £7m (€8m) to turn gameplay into AI training data, Tech Fundi…

Hedge funds sold chip stocks for a fourth week, but not the AI trade
Hedge funds sold chip stocks for a fourth week, but not the AI trade

Hedge funds cut their holdings of semiconductor stocks for a fourth straight week, according to Goldman Sachs prime brokerage data, in a run of selling that has made chipmakers and their equipment suppliers the most heavily net-sold corner of the US ma…

Spain’s Sherpa.ai raises $18M for AI that never touches your data
Spain’s Sherpa.ai raises $18M for AI that never touches your data

Everyone wants the power of AI. Few want to hand their most sensitive data to a foreign cloud to get it. A Basque startup thinks it has the fix. Sherpa.ai has raised $18m to build AI that never sees your raw data, tech.eu reported. The Spanish company …

A senior FCA official says Britain should weigh regulating AI models directly
A senior FCA official says Britain should weigh regulating AI models directly

Britain should consider whether large language models such as ChatGPT, Claude, and Gemini ought to be regulated as they increasingly influence how consumers make financial decisions, a senior official at the Financial Conduct Authority has said. Sheldo…

UK’s Cooper warns of an AI ‘Hiroshima’ and calls for global rules
UK’s Cooper warns of an AI ‘Hiroshima’ and calls for global rules

Britain’s foreign secretary has a stark analogy for artificial intelligence. Do not wait for its Hiroshima moment before writing the rules. Yvette Cooper will warn that AI could become the “greatest security challenge of the next decade,” according to …

Japan’s Turing takes AMD money and AMD chips to loosen Nvidia’s grip
Japan’s Turing takes AMD money and AMD chips to loosen Nvidia’s grip

Nvidia powers almost every self-driving car project going. A small Japanese startup is quietly handing some of that work to AMD instead. Turing Inc. has added AMD Ventures to its backers and started running its AI on AMD chips, Bloomberg reported. The …

Tesla brings its Robotaxi to Miami, and drops the safety monitor
Tesla brings its Robotaxi to Miami, and drops the safety monitor

Tesla’s driverless cabs have reached a fifth US city. This time, there is no human minder in the car at all. The company rolled out its Robotaxi service in part of Miami on Friday, it announced on X. A map in the post showed a small patch of West Miami…

Midjourney turns the tables, demanding the studios suing it reveal their AI
Midjourney turns the tables, demanding the studios suing it reveal their AI

The studios suing Midjourney say it trained AI on their characters without permission. Midjourney’s answer: prove you do not do exactly the same thing. The AI image generator wants a US federal judge to intervene. It has asked the court to force the st…

China’s Biren raises $892M to build GPUs that can take on Nvidia at home
China’s Biren raises $892M to build GPUs that can take on Nvidia at home

Nvidia can barely sell its best chips in China. A crop of local challengers is racing to fill the gap. One of them just raised nearly $900m to speed up. Shanghai Biren Technology is selling HK$7 billion (about $892.5m) of new shares to boost GPU produc…

Nvidia’s Kyber AI rack slips to 2028, and one circuit board is to blame
Nvidia’s Kyber AI rack slips to 2028, and one circuit board is to blame

Nvidia’s next flagship AI machine has hit a wall, and the culprit is a single circuit board. The Kyber rack meant to house its 2027 Rubin Ultra chips has slipped to 2028. Research firm SemiAnalysis flagged the delay, and CNBC reported it. Kyber is not …