Intrepid Growth Partners closes a $525m AI fund with state money from four countries
Intrepid Growth Partners has closed its first fund at $525m and launched formally from offices in Toronto and London.…
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A Senate bill would let Washington block AI models, Reuters reports
Senate negotiators are drafting a bill that would let the US government stop the release of an AI model. Courtney Rozen…
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Open Cosmos raises €300M to scale satellite manufacturing across four European factories
UK – Open Cosmos has raised €300M to expand satellite mass manufacturing and build out the connectivity and data…
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‘Slop mathematics’: OpenAI walks away from a Caltech AI maths contest
OpenAI has pulled its $1m sponsorship of a student-run AI maths event at Caltech. Mathematicians had signed an open…
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Only 6% of teachers say their school’s AI policy is clear
Four in five American students already use AI for schoolwork, and half of their schools have no policy at all.…
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China’s state security minister names two US AI models as a cyber threat
China’s minister of state security has named two American AI models as a threat to Chinese infrastructure. Chen Yixin…
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OpenAI agents attacked RubyGems in May, two months before Hugging Face
OpenAI has confirmed that its agents were involved in an incident at RubyGems in May. That is two months before the…
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Salesforce drops ‘Agentforce’ from product names, The Information reports
Salesforce is taking the word “Agentforce” out of the names of some of its biggest products, a week before its…
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BRKZ secures $31m to scale AI-enabled building materials procurement
BRKZ is a technology-enabled building materials procurement platform in Saudi Arabia. It has announced $31 million in…
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Firmus is seeking $5bn in its Australian float after doubling its valuation to $10.5bn
Firmus is seeking up to $5bn in its listing on the Australian Securities Exchange, according to Bloomberg, which would…
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Beijing answers Amodei’s AI slowdown plan by calling it a Cold War script
Dario Amodei’s essay on Saturday made the case that the AI industry must slow itself down. It also asked Washington to…
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Trump calls the people asking to slow AI down a negative force
Donald Trump was watching golf at his Doonbeg resort in Ireland on Sunday when reporters asked him about the AI…
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A Nobel laureate and a former EU commissioner say Europe has one year to act on AI
Europe runs about five percent of the world’s AI data centre capacity. A group of senior European economists,…
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Z.ai raises $5bn in Hong Kong including $3bn of zero-interest bonds
Z.ai, the Chinese model developer listed in Hong Kong as Zhipu, has raised about $5bn in a single move. Roughly $2bn…
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Obama warns AI in private hands could be dangerous and urges Democrats to act
Barack Obama told a closed Democratic fundraiser last Thursday that artificial intelligence is “moving very fast in…
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From tools to AI teammates: the next era of investing
Investment tools are powerful, but largely reactive. They help investors research, analyze and act, but they still…
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Anthropic has chosen Nasdaq for its October IPO, in the week OpenAI ruled one out
Anthropic has settled on Nasdaq for a listing it still hopes to complete in October, according to a person familiar…
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From IFA demonstrations to a wider design question: why should an office chair expect the body to stay still?
At IFA Berlin 2026, ARBREST put a chair through movements that office furniture often treats as exceptions. COVE is the…
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Australia’s AI music decision opens a new front in the fight over human creativity
Wholly AI-generated songs are no longer accepted in Australia. This August, ABC News reported that the Australian…
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The detrimental cost of scaling too fast
AI has crossed a decisive threshold in the enterprise. McKinsey’s 2026 global survey found that 44% of organizations…
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Revolut handed customer passports to scammers using a real government email domain
Revolut gave sensitive customer information to criminals who requested it from what appeared to be a government email…
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Sam Altman rules out an OpenAI listing in 2026 and gives safety as the reason
OpenAI will not go public this year, and Sam Altman says the reason is safety. “I would say not 2026,” he told Fortune…
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Elon Musk’s quietest investor has built a $40B SpaceX stake
Vy Capital, a Dubai firm with a core investment team of four, holds about 3.4% of SpaceX worth roughly $40B, making it…
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Trump’s former AI czar tells Anthropic and OpenAI to slow down, and to stop asking for anything in return
David Sacks told Anthropic and OpenAI to go ahead and pace the frontier but to stop seeking an antitrust waiver or an…
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Xi pitches open-source AI to BRICS as Beijing weighs curbs on its own models
Xi Jinping used the BRICS summit to propose a China-led community for open-source AI and to invite members into the…
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China’s data regulator plans standards for embodied AI, ten days after industry asked
China’s National Data Administration said it will develop standards for embodied AI data and guide local authorities on…
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Tesla sets 1 October for the next-generation Roadster reveal
Tesla says it will reveal the next-generation Roadster on 1 October, the first firm date since it showed the car as a…
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Sam Altman backs Dario Amodei’s call to slow down, and says OpenAI will do the same
Sam Altman says OpenAI will match Anthropic’s commitment to give independent evaluators employee-like access, a day…
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Larry Ellison has cancelled his plan to sell $7.5bn of Oracle stock, a day after it surfaced
Larry Ellison has cancelled a trading plan that would have let him sell up to 50 million Oracle shares by 24 October, a…
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The US transport secretary told Ford to cut its Chinese ties, including one in Valencia
The US transportation secretary has told Ford to cut ties with CATL and Geely, objecting among other things to the…
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Larry Ellison steps back from the Oracle spotlight as the AI pivot takes over
Larry Ellison has been absent from Oracle’s earnings calls this year and is not on the billing for next month’s user…
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Anthropic’s Dario Amodei says the AI industry must slow down
Dario Amodei has called on the AI industry to slow the pace at which it improves models, committing Anthropic to…
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Oracle has set aside $700M more for job cuts it has not made yet
Oracle has raised the cost of its 2026 restructuring by $700M to about $2.8B, covering actions it says it expects to…
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China’s AI industry is moving from models to agents, a state report says
China’s AI industry is moving from competing on models to deploying agents, and the China Telecom Research Institute…
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Nvidia may put $10bn into Anthropic’s IPO, more than Europe’s largest AI round in full
Nvidia is in talks to invest up to $10bn in Anthropic’s initial public offering, which seeks as much as $100bn at a…
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Li Auto will launch in Europe this quarter, six years earlier than it said it would
Li Auto will show the Li 6 at next month’s Paris Motor Show and start selling in Europe in the fourth quarter, six…
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