Huawei scientist says Nvidia will soon hit the same chip wall
Huawei scientist says Nvidia will soon hit the same chip wall

One of the Chinese company’s top scientists has warned that Nvidia will soon run into the same physical limit on chip performance that Huawei says is reshaping the whole industry, according to Bloomberg. The argument is less a boast than a bet on where…

SoftBank’s debt-fuelled AI bet faces its reckoning at earnings
SoftBank’s debt-fuelled AI bet faces its reckoning at earnings

SoftBank’s AI bet meets its accountants this week. When the Japanese group reports earnings, the headline profit will look healthy, but the real story is the mountain of funding commitments Masayoshi Son has stacked behind OpenAI. Analysts expect net p…

US finalises voluntary tests for AI models’ hacking powers
US finalises voluntary tests for AI models’ hacking powers

The White House has finalised a voluntary framework for testing whether America’s most advanced AI models can be used to hack. A White House official said the framework, ordered in June, was completed by its deadline, with talks on next steps now under…

The AI boom runs on metal. A two-year-old startup just raised $310m to mine it, autonomously, on US soil.
The AI boom runs on metal. A two-year-old startup just raised $310m to mine it, autonomously, on US soil.

People tell the AI boom as a story about chips and models. Underneath it is metal. Every data centre, chip, power line and robot starts with copper and a handful of other minerals. The United States has quietly lost control of where they come from. A t…

A DeepMind exec finally said what the trillion-dollar AI spend is for: machines that improve themselves.
A DeepMind exec finally said what the trillion-dollar AI spend is for: machines that improve themselves.

Everyone has been asking what the trillion-dollar AI buildout is actually for. A senior Google DeepMind executive has now given an unusually blunt answer. The spending, he says, is a bet on machines that improve themselves. Jasjeet Sekhon, DeepMind’s c…

The danger isn’t the AI model. It’s the agent acting on its own, and Zenity raised $125m to watch it.
The danger isn’t the AI model. It’s the agent acting on its own, and Zenity raised $125m to watch it.

Most of the money spent guarding AI has gone to the model and the prompt. Zenity has just raised $125m on a different argument: both miss the real danger. That danger is the AI agent that acts on its own. The Israeli startup secures what agents do once…

Anthropic pays AI’s biggest salaries. Its CEO just discovered people might take them for the money.
Anthropic pays AI’s biggest salaries. Its CEO just discovered people might take them for the money.

The most valuable workers in technology cannot be kept, whatever the price. That is the uncomfortable admission running through the AI industry this week, as elite researchers keep hopping between labs that have offered them almost everything money can…

A startup that lets AI hack your own network just tripled to $2bn, days after AI models hacked networks for real.
A startup that lets AI hack your own network just tripled to $2bn, days after AI models hacked networks for real.

A company whose product is an AI that hacks your network has just tripled in value. It did so in the same week that AI hacking stopped being hypothetical. Horizon3 has raised a $250m Series E at a valuation above $2bn, up from $650m a year ago. The tim…

Visa is buying BioCatch for $2.4 billion because AI scams now cost the global economy $1 trillion a year
Visa is buying BioCatch for $2.4 billion because AI scams now cost the global economy $1 trillion a year

Visa is acquiring Tel Aviv-based fraud detection startup BioCatch for $2.4 billion in cash from private equity firm Permira and other investors. BioCatch’s platform analyses keystroke timing, touchscreen pressure, swipe patterns, and device handling to…

The White House says its AI framework is done. It will not say what is in it.
The White House says its AI framework is done. It will not say what is in it.

The White House said on Monday it met its deadline to complete a voluntary framework for evaluating advanced AI models. It will not say what the framework contains, who has seen it, or when companies will start using it. “The voluntary framework outlin…