Romania-founded startup FintechOS, which providesAI and software services for banks and insurance firms, has raised $28m in equity and debtfunding from its current investors, it said today.The 2017-fo…

Huawei says it will not offer its latest AI hardware outside of China citing lack of capacity to serve domestic demand.

A 92-page brief unsealed on Thursday opens by quoting the same Microsoft employee twice. Dr Brent Hecht, the company’s Director of Applied Science, wrote that people would come to see large models hoovering up their work as “an astonishing theft of unp…

Europe’s data centers are to be graded on how much energy and water they use, under a rating scheme proposed on Monday by the European Commission. Any individual site drawing more than 500 kW is covered. What the rating measures is not only consumption…
President Trump says he will create an AI Force and appoint a new AI czar while prioritizing rapid U.S. AI development and competition with China.

Last week saw the debut of TypeSafe AI’s Jev, its first “System One” model. Rather than chatting with users like conventional LLMs, it’s strictly designed for statement evaluation and decision-making, for programming purposes.
The CEO of language translation AIscaleup DeepL has downplayed reports that the company is likely to IPO soon,saying there are a “lot of advantages” to being a private company right now.Speaking on th…

The AI industry already knew attackers could poison plugin marketplaces. Its answer was to lock every plugin to one reviewed version of its code. That lock is what just broke. Researchers at Air Security published a vulnerability on Thursday that they …

“La autorregulación no funciona.” Self-regulation does not work, Pedro Sánchez told employers and union officials at the Moncloa Palace in Madrid on Monday, closing a government event on artificial intelligence hours before flying to New York for the U…