
AMD has agreed to buy World Labs, the AI model startup led by Fei-Fei Li, in an all-stock deal valued at about $8.2bn. AMD announced the deal on Monday. Li will join AMD as executive vice president and chief scientist, reporting to CEO Lisa Su. AMD exp…

Bots could make up 1,000 times more web traffic than humans within five years, Cloudflare chief executive Matthew Prince told The Verge. He made the forecast on Nilay Patel’s Decoder podcast. He added that each of his earlier predictions on bot traffic…

SiMa.ai has raised $150m in a Series C round that values the company at $1.45bn, it announced on Monday. The San Jose startup makes chips and software that let robots, drones and cars run AI on the device itself. Fidelity Management & Research Comp…

Anthropic ends enterprise customers’ discounts once they use up the tokens covered by their contracts, The Information reported on Monday. OpenAI takes a more flexible approach, the report said. Kevin McLaughlin of The Information spoke to software com…

Florida’s attorney general, James Uthmeier, has asked a state court to stop OpenAI from developing new AI models without independent safety guardrails. He made the request in a motion for a temporary injunction filed on Monday. It was filed in the High…

Nvidia’s board has approved an extra $150bn for share buybacks, the company said on Monday. That lifts the total remaining authorisation to $235bn, which Nvidia expects to use through fiscal year 2028. Nvidia called it the largest increase to a share r…

Attackers are exploiting two critical flaws in Citrix NetScaler ADC and NetScaler Gateway. Companies use the devices to give staff remote access to internal networks. Citrix confirmed the attacks in a security bulletin on Sunday and released fixes. Bot…

Automattic chief executive Matt Mullenweg has named a new board, weeks after the previous directors tried to put him on leave. The board includes science-fiction author Hugh Howey and two co-founders of the defunct social app IRL, Sarah Perez reported …