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Bangalore-based Avataar AI has launched Varya, one of India’s first homegrown video AI models. It generates video at roughly $0.005 per second, or 0.48 rupees. Founder Sravanth Aluru, a former Deutsche Bank investment banker and Microsoft and IIT Mumbai alum, says that is 27 times cheaper than comparable open-source video models. The cost advantage comes […]
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SpaceX rented its Colossus 1 data centre to Anthropic not because it had surplus capacity, but because it could not make the facility work for its own AI models. Bloomberg reported on Friday that SpaceX encountered latency issues when trying to connect the Memphis site to two other data centre campuses located more than 10 […]
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London Tech Week wrapped its 12th edition this week, after three days of main-stage programming at Olympia from 8 to 10 June, with fringe events running across the city through Friday. The festival drew more than 30,000 people from over 130 countries, with 600-plus speakers. One theme swallowed the rest: AI featured in roughly half […]
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London Tech Week 2026: the AI billions, the US build-out, and a royal first Read More »
Mozilla built an AI kill switch into Firefox after its users demanded one. Only 1% have used it. Another 3% turned off some AI features selectively. The rest left everything on. CEO Anthony Enzor-DeMeo says the point is not the percentage but the choice. “Our community was pretty vocal, especially during the CEO announcement, that […]
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Firefox’s AI kill switch exists. Only 1% of users have flipped it. Read More »
The head of the International Monetary Fund warned on Wednesday that advanced AI models like Anthropic’s Mythos “can be used to destroy the financial system” if they fall into the wrong hands. IMF Managing Director Kristalina Georgieva made the comments in Brussels while presenting the Fund’s annual economic assessment of the eurozone. “What we recognize […]
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Google sues alleged Chinese cybercrime operation that used AI to send scam texts Read More »
The music industry descended on New York this week for Indie Week and a flurry of parallel gatherings. The conversations kept circling back to the same handful of anxieties: generative AI, streaming fraud, underpaid songwriters, and the organisations meant to protect them. Four issues, in particular, dominated the agenda. Each one carries the potential to […]
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Meta is giving free Meta AI glasses to every blind veteran in America. Mark Zuckerberg announced the programme on Friday, offering a pair of Ray-Ban Meta glasses, at no cost, to all legally blind US veterans. “Meta AI on these glasses can describe what’s around you, read documents, and help you navigate daily life more […]
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Meta is giving free AI glasses to every blind veteran in America Read More »
Mistral is in funding talks to raise about €3bn ($3.5bn) at a valuation of roughly €20bn, Bloomberg reported on Friday, citing people familiar with the discussions. That would nearly double the price investors put on Europe’s leading AI startup just months ago. The talks are early, and the terms could change. The valuation may even […]
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Mistral is in funding talks at a €20bn valuation Read More »
Security researchers have found a way to hijack AI coding agents with nothing but a fake bug report. They call it Agentjacking. It needs no malware, no stolen password, and no breach of the target. The attack, disclosed by Tenet Security, turns the coding agent into the weapon. When a developer asks the agent to […]
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Agentjacking: a fake bug report can hijack your AI coding agent Read More »