SEC Subpoenas Wall Street Banks Over Collapse of AI Hedge Fund Situational Awareness
Over two days at the end of August, subpoenas went out to several of Wall Street’s largest banks. The recipient of the questions was not a bank itself, but a…
Oura Aims for September IPO Seeking Up to $3 Billion
The pitch to investors is simple: a ring that knows more about its wearer than the wearer does. Oura, the Finnish maker of the smart ring that tracks sleep, heart…
Anthropic Launches $35 Million Open-Source Fund and Expands Mythos 5 Access
The announcement on Aug. 24 paired a checkbook with a security update. Anthropic said it is launching a $35 million fund to support open-source AI development, and it expanded access…
Google Cloud and Verizon Team Up to Sell AI to Enterprise Customers
NEW YORK — Google Cloud announced a strategic partnership with Verizon on Monday, an agreement designed to deliver artificial-intelligence services to the telecom giant’s corporate customers at scale. The two…
OpenAI Leaders Warn of AI Power Concentration and Permanent Cyber Threats
SAN FRANCISCO — On the same day, two of the most senior figures at OpenAI delivered warnings about the technology they have done more than anyone to advance. Chief executive…
Tesla Recalls Nearly 3 Million Cars in China; Robotaxi Event Set for Sept. 3
On a collision, the low-voltage electrical system that powers the door buttons dies. The occupants reach for handles that look like part of the trim and are hard to find…
Hyundai Faces Its First Full Strike in a Decade as Workers Fear AI
The assembly lines at Hyundai Motor’s plants in South Korea went quiet on Friday morning as roughly 40,000 union members walked off the job, the first full-scale strike at the…
Nevada Lets Tesla, Uber, and Waymo Put 8,000 Robotaxis on Las Vegas Streets
Nevada regulators on Friday approved Tesla, Uber, and Waymo to operate driverless taxis in Las Vegas, a decision that allows the three companies to deploy up to 8,000 robotaxis combined…
OpenAI’s Enterprise Spending Growth Catches Up With Anthropic
OpenAI is now growing its spending from enterprise customers at a pace that matches, and in some cases exceeds, Anthropic’s, according to data from Ramp, a corporate payments and expense…
British Cinemas Move to Keep Meta’s AI Glasses Out of Their Screens
Cinemas across Britain have begun restricting Meta’s AI-powered smart glasses, worried that the devices’ cameras can be used to record new films, according to Reuters, which reported the restrictions on…
