The AI that hacked Hugging Face keeps looking less like a mastermind and more like a bear
The AI that hacked Hugging Face keeps looking less like a mastermind and more like a bear

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…

Nscale owns the power and the data centres. For ~$1.65bn, it just bought the software too.
Nscale owns the power and the data centres. For ~$1.65bn, it just bought the software too.

Nscale, the London AI-cloud company that owns its own power and data centres, is buying its way up the stack. It has agreed to acquire Anyscale, the startup behind the widely used Ray software. Bloomberg reported the deal at about $1.65bn. Nscale annou…

Europe opens bidding for seven AI ‘gigafactories’ in a €30bn bid to catch up
Europe opens bidding for seven AI ‘gigafactories’ in a €30bn bid to catch up

The European Commission has opened the bidding to build up to seven AI “gigafactories,” vast computing hubs meant to give the bloc the raw power to train frontier AI models without depending on the United States. The call for tenders, launched today, i…

Everyone’s building a ‘GPT for cells.’ Relation’s bet is manufacturing the data to train it.
Everyone’s building a ‘GPT for cells.’ Relation’s bet is manufacturing the data to train it.

The race to build an AI “foundation model of the cell” has a fuel problem. The biological data needed to train one is scarce, messy and inconsistent. Relation Therapeutics thinks the answer is to manufacture that data itself, and GSK is paying up to $1…

Highland Europe closes a €1.1bn fund to keep backing European scale-ups
Highland Europe closes a €1.1bn fund to keep backing European scale-ups

Highland Europe has closed a €1.1 billion fund, its sixth, giving the growth-stage investor fresh capital to keep backing European technology companies as they scale. The firm announced Fund VI on 30 July, alongside the promotion of two investors to pa…

BMW is cutting 8,000 jobs and handing its cars’ brains to Qualcomm
BMW is cutting 8,000 jobs and handing its cars’ brains to Qualcomm

BMW had two messages for staff this week. It is cutting about 8,000 jobs. And it is handing the brains of its future cars to Qualcomm for the next decade. The German carmaker will shed the roles in Germany by the end of 2027 through a voluntary redunda…

This Cambridge startup is building a ‘foundation model’ for the chest to speed drug trials
This Cambridge startup is building a ‘foundation model’ for the chest to speed drug trials

Most AI imaging startups build one model per disease. A Cambridge company has raised $20m to build a single model for the whole chest. Then it can spin the rest out of that. Qureight makes AI imaging tools for lung and heart clinical trials. It closed …

Audi bet its future on EVs. Now it’s selling America a V8 with cupholders.
Audi bet its future on EVs. Now it’s selling America a V8 with cupholders.

Audi spent years betting its future on electric cars. Its new flagship for America runs on a V8, with big cupholders and a ChatGPT assistant. The German brand unveiled the Q9 this week. It is a full-size three-row luxury SUV built, in Audi’s own words,…

The EU is banning nudify apps. The tools sit upstream on Hugging Face.
The EU is banning nudify apps. The tools sit upstream on Hugging Face.

Europe is close to banning apps that digitally undress people. A new report argues the ban will miss the point. The tools that do the undressing do not need to be apps at all. They are sitting on Hugging Face. The European nonprofit AI Forensics tested…

Europe gets its AI enforcement powers on Sunday. The unit wielding them has 36 people.
Europe gets its AI enforcement powers on Sunday. The unit wielding them has 36 people.

The European Commission gains sweeping new powers on Sunday to police how the world’s most advanced AI labs handle systemic risk, as the AI Act reaches its second anniversary. The EU’s AI Office will be able to demand documentation, conduct evaluations…