OpenAI is trying to speed up a funding round of about $30bn to secure investor commitments before Anthropic lists its shares in mid-November. The round could value the ChatGPT maker at more than $ 1.4 trillion. Reuters reported the plan on Monday, citi…
CoreWeave had a bad week last week. Its bonds slipped into distressed territory by a common definition – when investors demand 1,000 basis points more in yield than they’d get from government bonds. Last Tuesady Chamath “SPAC King” Palihapitiya noticed the distressed debt, and also asked whether the AI buildout was a private credit bubble. […]
The US Federal Trade Commission has sent civil investigative demands to Anthropic and OpenAI, seeking documents about the safety incidents involving their AI models. The demands went out on Wednesday, Axios first reported, citing a person familiar with…
OpenAI’s 110 staff in London received an average of about £2.3m each in 2025, counting salaries and shares. The figures come from the accounts of OpenAI UK Ltd, as Robert Booth reported for The Guardian. The staff shared £87m in salaries and £168m in s…
Attorneys general in Arizona, Arkansas, Idaho, Iowa, Kansas, Montana, Nebraska and West Virginia filed separate lawsuits against OpenAI on 14 October. Each claims ChatGPT has hurt young users and that the company misled the public about its safety. Dia…
“Pre-LLMs a Chrome full chain would take a team of four around 6-9 months to be produced, our first submission took 2 months. The awarded one? six days,” XBOW researcher Brendan Dolan-Gavitt wrote in a technical write-up. Security company XBOW has won …
“Our AI Office has started enforcing these rules, and sent Requests for Information addressing issues such as security, external evaluation and monitoring how models are used,” EU tech chief Henna Virkkunen said in a speech in Dublin on 14 October. The…
Autonomous agents are the hottest thing in AI. OpenAI, Meta, Google, Instinct, and others promise their agents can scour the internet on your behalf, doing anything from booking a dinner reservation and cleaning out your inbox to buying new shoes. But what happens when the rest of the internet won’t play nice? In recent weeks, […]
“Trail of Bits has committed their entire security research organization,” OpenAI wrote in June, when the two companies launched a joint project to fix open-source software. OpenAI is in early talks to buy Trail of Bits, a firm that finds and fixes sec…
“Human history has given us no experience of facing an actor which is smarter than we are. Is capable of out-thinking us.” Sir Ken McCallum, director general of MI5, said this about AI on 13 October. He was giving his annual threat update at MI5’s Lond…