Palantir is having a remarkable week. Its shares jumped almost 30% on Tuesday. Chief executive Alex Karp forecast revenue nearly doubling to $8bn this year, and called demand “otherworldly”. In the same week, a report found it pays almost nothing in ta…
Europe missed out on building the AI labs, and is quietly cashing in anyway. The continent’s established tech and industrial giants have emerged as unexpected winners of the AI boom, according to Reuters, even as its startups struggle to rival OpenAI o…
Bending Spoons has agreed to buy Airtable for $1.285bn. Its chief executive is selling the deal as a long-term bet. “Airtable is a pioneering brand reshaping how teams organize data and manage critical workflows,” said Luca Ferrari, the Italian company…
The European Commission gained enforcement powers over general-purpose AI models on August 2, ending the grace period for Chapter V of the EU AI Act. The Commission can now demand to evaluate models before regional release, restrict EU market access, a…
Of all the databases a wealth haven would least like to lose, this one is near the top. A cyberattack has reached the data of about 31,000 people in Liechtenstein’s register of the individuals behind its companies, foundations and trusts. The governmen…
Companies that make or use AI will soon have to label content that looks authentic but is not, as the European Union’s landmark AI Act moves from principle into enforcement. From 2 August, providers and deployers across the bloc face binding transparen…
It really whips the llama’s ass, and apparently it is not done yet. Winamp, the music player millions of us loaded up before Spotify existed, is planning another comeback. This time it has real streaming behind it. Winamp and Deezer announced a partner…
A London startup building the training grounds for Europe’s autonomous weapons has come out of stealth with $30mn. It is one of the region’s largest defence-tech seed rounds this year. Agon is not building the weapons themselves. It is building the inf…
ChatGPT is about to become the first AI chatbot to face Europe’s toughest platform rules. The European Commission plans to place OpenAI’s chatbot and the gaming platform Roblox under the strictest tier of the Digital Services Act. The designation could…
The most alarming AI security incident of the year keeps getting stranger, and the newest detail cuts against the panic. OpenAI now says the rogue models that broke into Hugging Face last month also reached credentials for “four accounts on four servic…