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…
Berkshire Hathaway is buying 10 million new Bending Spoons shares at $33 each. The Milan-based company announced the deal on 14 October. The $330m private placement adds to the $600m Berkshire invested at Bending Spoons’ Nasdaq listing in July. The two…
Anduril is letting current and former employees sell shares in a tender offer that values the defence tech company at about $90bn. The shares are priced at $94.80 each, and the offer is capped at about $1.3bn, according to Bloomberg’s sources. Rebecca …
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…
“We lose Starlink and lose the interceptor,” Ukrainian President Volodymyr Zelenskyy told reporters on 17 October, Bloomberg reported. Zelenskyy said speed limits on Starshield, SpaceX’s military satellite network, remained in place across Ukraine. Ukr…
“Right now, the whole industry is in short supply,” GlobalFoundries CEO Tim Breen told Bloomberg. Japan will put up to $21bn into two new chip factories at GlobalFoundries’ site in Malta, New York, the company announced on 14 October. GlobalFoundries (…
“We’ve now crossed the 4,000 CVE mark with two months left to go,” Satnam Narang of Tenable told Brian Krebs. Microsoft has fixed more than 1,400 security flaws in one month, the largest Microsoft Patch Tuesday on record. The updates came out on 13 Oct…
“This was not a vulnerability in any Meta product, and Meta’s internal systems were not breached,” a Meta spokesperson told SecurityWeek. Hackers got into some of Meta’s GitHub repositories and took personal data on about 1,500 people. Most of them are…
RapidCanvas, which pairs an AI agent platform with its own engineers to build business apps for companies, raised a $29M Series B led by Vertex Ventures SEA & India, with Hitachi Ventures joining. It will hire in the US, Brazil, and India. Total fu…
“Our company has more layers, more handoffs and more overhead than we need, so we are addressing this issue.” Kroger chief executive Greg Foran wrote this in a memo to staff on Monday, 12 October. The US supermarket chain will cut about 3,000 corporate…