The US Justice Department is investigating Andreessen Horowitz. At issue is whether partners at the venture capital firm improperly sit on the boards of competing artificial intelligence companies. Bloomberg reported the investigation on Monday, citing…
Higgsfield has raised $400mn at a $5.4bn valuation. DST Global led the round. Goldman Sachs, Intel Capital, and Liberty Global Tech Ventures all took part, alongside Tribe Capital, Smash Capital, Fifth Wall, Valor Capital, Mirae Asset Capital, and NTT …
OpenAI shut down its preparedness team at the end of July, the Financial Times reports. The team existed to work out whether OpenAI’s models posed catastrophic risks. It also designed the ways to contain them. The work has not disappeared. Responsibili…
OpenAI is paying the startup costs of 13 new Axios Local newsletters, covering both staff and technology. Axios employees also get free credits for OpenAI’s enterprise tools. In return, Axios lets OpenAI train its models on its free published coverage….
The genre is simple enough to describe. A man wearing camera glasses walks up to a woman in the street. He delivers a line and films her reaction without asking. The clip goes to Instagram, tagged as shot on Meta glasses. The woman is now content. Some…
A residual value guarantee is a promise about an object, not about a tenant. Someone builds a thing. Someone else rents it. A third party promises the thing itself will still be worth a set amount. If the renter walks, the owner relets or sells. The gu…
A crypto venture backed by Donald Trump and his family is helping to bankroll a platform that resells artificial intelligence from Chinese companies the US government has blacklisted, an arrangement that sits awkwardly beside the administration’s own c…
Washington is preparing to hand its partners an ultimatum, and it is not a subtle one. According to a draft State Department letter reported by Reuters, the US is about to tell friendly nations they must choose between the American and Chinese artifici…
Michael Martina reported the draft for Reuters on 14 August, citing a US official and an internal document. The letter goes to the 35 signatories of an American “AI Opportunity Statement” from June. Its message is that countries must choose. The wordin…
Anthropic published the Risk Report on 14 August, covering the period to 15 July. Axios got the company on the record and led on the misalignment rating, as did most of the coverage. Anthropic raised its estimate of catastrophic harm from misalignment …