JPMorgan Closely Tracking Its AI Exposure, CFO Says
CFO Jeremy Barnum offered a view into how the biggest U.S. bank is managing AI-related risk on its earnings call on Tuesday.
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Anthropic to Build First Data Center in Japan
Anthropic has been on a sprint to increase its data center capacity around the world.
Exclusive: Microsoft Reorganizes Azure Cloud Unit Amid AI Overhaul
Arun Ulag, who previously oversaw Azure’s database products, will now also oversee Azure Core.
Bumble in Talks to Go Private With Sequoia Partner Gupta’s New Venture
It would be the holding company's first acquisition.
Meta Unveils New AI Models to Challenge OpenAI and Anthropic
The company is stepping up its AI ambitions with new flagship models Muse Wonder and Muse Wonder Full.
Microsoft Debuts New Homegrown AI Chip, Plans to Deploy Multiple Gigawatts Next Year
CEO Satya Nadella said in a post Monday that Maia 300 is 40% more efficient than “leading GPU-based systems."
Meta Bans ByteDance Ads on Its Platforms
The move escalates the battle between Meta and ByteDance, the Chinese parent of TikTok.
Bain’s Bridge Data Centres Seeks Upsized Loan of $6.6 Billion
The potential raise would rank among Asia’s largest data center debt financings, amid a global boom in such deals.
Anthropic’s Rogue AI Filled Out U.S. Visa Forms, Gave False Homicide Tip to Police
AI developers keep discovering examples of bad behavior by their creations.
Valar Atomics Sues Its Own Investor, Day One, Over Funding Round Allocation
Founders rarely sue their own investors.
SoftBank’s Son Seeks $100 Billion From Gulf Investors for AI Bets
SoftBank previously raised money from the region for its first $100 billion Vision Fund in 2017.
Nvidia-Backed Firmus Scraps $5 Billion Australia IPO as Markets Wobble
The retreat comes as Nvidia rethinks a program that backs chip purchases by smaller cloud companies like Firmus.
South Korean Banks Were Hacked Using Chinese AI Agent, Researchers Say
Autonomous agents and highly capable open-source models are enabling hackers to execute large-scale cyberattacks.
Anthropic Announces Broader Cyber Defense Program
The company will offer support to critical infrastructure operators and free vulnerability scans for open-source software.
SpaceX Announces Plans That Could Take Aim at Major Mobile Carriers
SpaceX’s Starlink Mobile service could evolve from filling in gaps in existing cellphone networks to competing more directly with traditional US wireless carriers.
OpenAI’s Annualized Revenue Neared $50 Billion, Lower Than Past Reports
OpenAI revenue is growing, just not as quickly as some reports.
Waymo Closes $5 Billion in Debt Financing
Alphabet's self-driving rideshare company earlier this year closed a $16 billion equity investment.
OpenAI Researchers Say They Were Fired for “Prioritizing Safety”
They said the reasons given for their firing were pretextual and remaining employees are now concerned about their own jobs.
White House Suspends Visa Program for Microsoft, Other Tech Firms
Microsoft said in a statement it pays H-1B employees the same as other employees and primarily sponsors visas for immigrants already working in the U.S.
Weekday mornings
The Information AM by The Information Staff
Start your morning with the important global tech news of the day, covered by The Information team across five time zones.
By providing your email, you agree to The Information’s Privacy Policy