Artificial Intelligence

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The AI that hacked Hugging Face keeps looking less like a mastermind and more like a bear

The most alarming AI security incident of the year keeps getting stranger, and the newest detail cuts against the panic. OpenAI now says the rogue models that broke into Hugging Face last month also reached credentials for “four accounts on four services,” CNBC reported. In several of those cases, one researcher said, the front door […]

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To find out what customers think, this $2bn startup asks their AI twins

A startup wants companies to stop asking real people what they think, and ask fake ones instead. Simile has raised $200m at a $2bn valuation to build “agentic twins,” AI stand-ins for real consumers that firms can survey by the million. Greenoaks led the round, the New York Times reported, with Index Ventures and others […]

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Scale AI hired a cloud salesman as CEO. That tells you where it’s going.

A year after its founder left for Meta, Scale AI has a new boss. The choice says a lot about where the company is heading. It has named Francis deSouza, a veteran enterprise-cloud executive, as chief executive. deSouza starts on 10 August, Scale announced. He replaces interim chief Jason Droege, who ran the company after […]

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Amazon’s Zoox just won the first US OK to charge for rides in a no-wheel robotaxi

Amazon’s Zoox has become the first company allowed to charge for rides in a robotaxi that has no steering wheel and no pedals. US regulators granted the exemption on Wednesday. It is a first for the driverless-car industry. The clearance came from the National Highway Traffic Safety Administration, and was first reported by Reuters. It […]

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A hidden line in a Word doc can rewrite your numbers, and infect the next file too

A hidden line of text in a Word document can quietly halve the numbers in your financial report. Then it can smuggle a copy of itself into the clean file you send on. And 144 days after a researcher warned Microsoft, it still works. Håkon Måløy, a Norwegian data scientist, disclosed the technique on 28 […]

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ByteDance quietly makes $4bn a year from AI. It just broke up an app to make more.

ByteDance is quietly winning a race in China that most people are watching in America. The company behind TikTok now makes about $4bn a year from artificial intelligence. That is the largest figure any Chinese firm has publicly claimed, the South China Morning Post reported. To press that lead, ByteDance is tearing up part of […]

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Nscale owns the power and the data centres. For ~$1.65bn, it just bought the software too.

Nscale, the London AI-cloud company that owns its own power and data centres, is buying its way up the stack. It has agreed to acquire Anyscale, the startup behind the widely used Ray software. Bloomberg reported the deal at about $1.65bn. Nscale announced the acquisition on Thursday but did not put a price on it. […]

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Nscale owns the power and the data centres. For ~$1.65bn, it just bought the software too. Read More »

EY built an ‘AI router’ to stop its own AI bills from spiralling

EY has built what it calls an “AI router,” a system that steers each task to the cheapest model that can handle it, in an effort to keep its own soaring AI bills under control. The tool, reported by Business Insider, is the Big Four firm’s answer to a problem now spreading across corporate IT: […]

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Europe opens bidding for seven AI ‘gigafactories’ in a €30bn bid to catch up

The European Commission has opened the bidding to build up to seven AI “gigafactories,” vast computing hubs meant to give the bloc the raw power to train frontier AI models without depending on the United States. The call for tenders, launched today, is pitched as a roughly €30 billion effort to close the gap with […]

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AEREDIUM’s New Patent Wants to Replace Quarterly Stablecoin Audits With AI That Never Stops Watching

The stablecoin industry has long relied on a familiar trust model: accounting firms periodically review reserve balances and publish attestations weeks after the underlying data was collected. For an asset class that moves around the clock, that approach increasingly looks outdated. Australian infrastructure company AEREDIUM believes artificial intelligence can fundamentally change that model. The company […]

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