Artificial Intelligence

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A Chinese model saved Hugging Face. It is not in Nvidia’s new alliance.

Three days after signing a letter, Nvidia built an organisation. The Open Secure AI Alliance launched on Monday. Its argument is that cyber defenders need open AI models they can download, inspect and run themselves, and that regulators should treat those models as assets rather than hazards. Its founding anecdote is the reason it exists. […]

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A development bank just built a €1.4bn insurer in two years

A development bank has just minted a unicorn, and it took two years. Ominimo, a Budapest-based motor insurance startup founded by Serbian and Hungarian entrepreneurs, has closed a Series B led by the venture arm of the European Bank for Reconstruction and Development. The round is €20.1mn, or about $22.5mn, at a €1.4bn valuation, EU-Startups […]

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Google has promised to pay $44bn of rent on buildings it will never own

Start with the number, because the number moved fast. Google has agreed to cover as much as $44bn of lease payments on data centres owned by other people, should the tenant default. It disclosed the figure last week. At the end of September the same commitment stood at $6.5bn, The Information reported. That is close […]

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Nadella won’t call it a bubble. He’ll only say how it ends badly.

Fareed Zakaria opened with the question everyone is circling. Are we in an AI bubble, and has it begun to deflate? OpenAI has promised to spend hundreds of billions while making a fraction of that, he noted. The maths does not add up. Nadella did not push back. He reframed the question as a test […]

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Sam Altman renews his ‘democratic AI’ pitch as Anthropic holds a harder line

Sam Altman has a preferred way of framing the contest over artificial intelligence, and it is a stark one. Either the United States and its allies build the technology and spread its benefits, the OpenAI chief has argued, or authoritarian governments use it to cement and expand their own power. That binary, set out most […]

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A million words costs $50 from Anthropic and 87 cents from DeepSeek. Corporate America noticed.

Roughly 750,000 words of AI output costs $50 if you buy it from Anthropic’s Fable. The same volume from DeepSeek’s V4-Pro costs about 87 cents, Fortune reported. Z.AI’s GLM-5.2 charges $4.40. Moonshot’s Kimi K3, pricey by Chinese standards, charges $15. Corporate America has noticed. Companies spent a year competing to burn tokens. Now they shop […]

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A million words costs $50 from Anthropic and 87 cents from DeepSeek. Corporate America noticed. Read More »

CXMT soared 466% on day one to become China’s most valuable onshore company

China has a new most valuable listed company, and it makes the chips inside your phone. CXMT, formerly ChangXin Memory Technologies, closed its Shanghai debut up 466% on Monday, the South China Morning Post reported. That values the Hefei firm at 3.28 trillion yuan, or about $485bn. The numbers are hard to overstate. CXMT priced […]

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AI-generated ‘doctors’ peddling fake cures on TikTok are a ‘huge danger’, experts warn

The advice arrives in the confident cadence of a physician. Microwaving food in plastic gives you cancer, a spoonful of Coca-Cola mixed with onion will ease your pain, and a supplement called “Hyalethinap Plus Pro Max” will fix your hair, nails, and joints in one go. The doctor delivering it does not exist. A study […]

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What OpenAI will show the White House this week

OpenAI CEO Sam Altman heads to Washington this week to brief the Trump administration on the company’s most powerful AI model yet, pushing for speedy approval of a system that has already demonstrated it can solve problems humans could not and breach another company’s infrastructure without being told to, Axios reported on Saturday. The visit […]

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Roku raises streaming device prices by up to 60 percent as the memory shortage reaches the living room

Roku has raised prices on its entire US streaming hardware lineup, with increases ranging from $10 to $50 per device, as the global memory shortage driven by AI data centre demand reaches a product category that had been one of the last bastions of affordable consumer technology. The Streaming Stick 4K saw the steepest jump, […]

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