Artificial Intelligence

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Alphabet just raised $85 billion for AI, smashing the largest equity offering in history

The public markets have been asked whether they believe in AI, and they have answered with $85 billion. Alphabet’s record-shattering equity offering, which priced on 2 June, is not just the largest stock sale in tech history. It is the largest equity offering of any kind, in any industry, ever. The company had initially planned to […]

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Hackers asked Meta’s AI chatbot to hand over Instagram accounts, and it did

No phishing link. No malware. No SIM swap. Hackers took over high-profile Instagram accounts over the weekend by doing something disarmingly simple: they asked Meta’s AI customer support chatbot to change the email address on someone else’s account. The bot complied without verifying the requester’s identity, and the attacker then reset the password and locked out the […]

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Anthropic picks Morgan Stanley and Goldman Sachs to lead its IPO, with a SpaceX computing deal worth $1.25 billion per month buried in the fine print

Anthropic has selected Morgan Stanley and Goldman Sachs to lead its initial public offering, with JPMorgan Chase also working on the deal, Bloomberg reported on Tuesday. The Claude developer is weighing going public as soon as October after filing confidentially for a listing on Monday. More banks could be added to the lineup, and details of […]

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The EU is asking households to cut electricity use during peak hours because AI data centres are straining the grid

The European Commission has called on households across the bloc to reduce electricity consumption during peak hours, citing the rapid growth of AI data centres, accelerating electrification, and rising overall digital infrastructure demand as factors straining European power grids. The Commission simultaneously published a Data Centre Energy Efficiency Package on 3 June that introduces a […]

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Virtual barbarians at the gate: securing the AI blind spot

Many companies have quickly moved to adopt artificial intelligence in their systems, embedding it into virtually everything from customer apps to internal systems. That speed has created new pressure for security teams, because AI-enabled applications can introduce unfamiliar attack surfaces, unpredictable behavior, and new ways for attackers to manipulate inputs, access data, or chain weaknesses across […]

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AI is saving workers hours a week. Most of it is being thrown away

The promise of workplace AI was always time: hours handed back to employees buried in routine work. A new study suggests the hours are real and that most companies are quietly losing them again. According to research from Workday, surveying 3,200 business leaders, 85% of employees now save between one and seven hours a week […]

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ChatGPT hits 1 billion monthly users faster than any app before it

One billion is the number apps spend years chasing and most never reach. ChatGPT got there faster than anything before it. OpenAI’s app crossed 1 billion global monthly active users in May, roughly three years after launch, according to estimates from Sensor Tower, making it the quickest app in history to the milestone. The pace […]

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Trump quietly signs a downsized AI executive order asking companies to voluntarily submit models for review 30 days before release

President Trump signed an executive order on Tuesday establishing a voluntary framework for government review of frontier AI models before public release, ending weeks of internal White House conflict over how aggressively to regulate the technology. The order, titled “Promoting Advanced Artificial Intelligence Innovation and Security,” was signed privately without the usual livestream or public ceremony, a […]

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The EU’s €20 billion plan for five AI gigafactories is falling apart before the first bid is even submitted

The European Union’s plan to build five massive AI data centres, each with one gigawatt of capacity and approximately 100,000 advanced chips, is stumbling before it starts. The bidding process, originally scheduled for May, has been pushed to July. A lack of funding clarity means only two of the five planned centres can receive money […]

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Microsoft used agentic AI to make its quantum chip 1,000 times more reliable, then cut its timeline to a scalable quantum computer in half

Microsoft has unveiled Majorana 2, a next-generation topological quantum chip whose qubits are 1,000 times more reliable than those in the first Majorana chip introduced last year. The improvement is so significant that Microsoft has cut its timeline for achieving a scalable quantum computer from 2033 to 2029, halving the original target. The company credits […]

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