Artificial Intelligence

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Elon Musk said SpaceX will hit $1trn in revenue by 2030. Its first earnings sent the stock down 11%

SpaceX has reported its first earnings as a public company, and the biggest number was not the one about rockets. The company that launches most of the world’s payloads made more money selling AI compute and satellite internet than it did from space. Revenue nearly doubled to $7.8bn. The stock still fell. For a firm […]

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Open-weight AI caught the frontier on capability. On safety, it didn’t

Open-weight AI models have nearly caught the frontier on capability. On safety, they have not. And once the weights are public, no lab can enforce a guardrail. A new evaluation of China’s leading open model makes the gap concrete. GLM-5.2, the open-weight model from China’s Z.ai, is only a few months behind OpenAI’s GPT-5.5 and […]

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AI is flooding bug bounties. Microsoft paid a record; Apple slammed the door

AI has learned to find software bugs faster than people can, and the programmes that pay for them are straining. In a single week, the three biggest went three different ways. Microsoft paid out a record sum. Apple slammed the door on how many bugs a researcher can file. Google quietly repriced the whole thing. […]

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LegaBot launches the first football league run entirely by AI agents. It never stops playing.

LegaBot launches on Saturday with the first football league operated entirely by AI agents, running 24 hours a day with no predetermined outcomes. The inaugural season features 20 original city-based clubs, including New York Nythrix, Paris Luxe, Berlin Steel, and Tokyo Neon, each with full rosters of AI-generated players. The opening match is London Veldrith […]

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Texas called itself the “epicenter of AI.” Now it won’t plug in a data centre until it’s audited

Texas spent years selling itself as the easiest place in America to build a data centre. This week it started making that harder. Governor Greg Abbott, who last year called the state the “epicenter of AI development,” has ordered a pause on new data-centre connections to the power grid. Regulators must audit every project in […]

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Texas called itself the “epicenter of AI.” Now it won’t plug in a data centre until it’s audited Read More »

A Fed official is asking whether AI is becoming ‘too big to fail’

A senior Federal Reserve official has put an uncomfortable question on the table. Speaking this week, Kansas City Fed president Jeff Schmid said the finances around the AI buildout now merit close watching. Jeff Schmid said there were signs the industry had grown large enough that policymakers should start discussing it at a macro level, […]

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AMD’s record quarter is really a bet that open beats Nvidia’s moat

AMD has had its best quarter yet, as the chipmaker reported record revenue of $11.5bn for the second quarter, up 50% on a year earlier, as demand for AI hardware kept climbing. The engine was the data centre which brought in $6.7bn, more than double last year’s figure and now 58% of the company, the […]

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Court lets Perplexity’s AI agent shop on Amazon, overturning a ban

An AI agent can shop on Amazon whether Amazon likes it or not. A US appeals court has overturned an injunction that barred Perplexity’s shopping agent from the retailer, handing an early win to the software that browses and buys on people’s behalf. The Ninth Circuit ruled that Amazon’s core legal claim did not hold. […]

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Court lets Perplexity’s AI agent shop on Amazon, overturning a ban Read More »

Europe missed the AI labs but is winning the toolshed

Europe missed out on building the AI labs, and is quietly cashing in anyway. The continent’s established tech and industrial giants have emerged as unexpected winners of the AI boom, according to Reuters, even as its startups struggle to rival OpenAI or Google. The pattern is a lesson in where the money actually lands. Frontier […]

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Cracken opens self-serve access to its AI-powered offensive cybersecurity platform

Cracken, a San Francisco-based applied AI lab focused on offensive cybersecurity, has launched a self-serve version of its proactive security platform. Enterprise security teams and individual practitioners can now create an account and start testing their own organisations against real attack paths without a procurement cycle or sales call. It is the first time the […]

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