Artificial Intelligence

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Broadcom CEO Hock Tan likens many AI investors to casino gamblers

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Broadcom chief executive Hock Tan compared many AI investors to gamblers who have little idea what they are betting on. He spoke on Monday at the DBS Asia Future Forward Conference in Singapore, Bloomberg reported. “A lot of investors have no clue what they are investing in,” Tan said. They “set very extreme expectations only […]

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IMF warns $1.4tn in circular AI deals could deepen a market correction

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A correction in AI-related stocks and debt could set off market turmoil, the International Monetary Fund said on Tuesday. It named the AI risk as one of three that could sharply tighten financial conditions. The other two are a sharp rise in government bond yields and cyber threats. The warning came in the IMF’s Global […]

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Milk is more regulated than AI, Microsoft’s Brad Smith tells the BBC

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Microsoft’s president, Brad Smith, has called for global safety rules for AI. They include a legal duty to tell victims when a rogue AI agent breaks into their systems. He set out his case on the BBC’s Big Boss Interview podcast with Will Bain, released on 11 October. Smith told the BBC: “Right now, your […]

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Aramco Digital teams up with OrbitronAI to build AI for heavy industry

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Aramco Digital, the tech arm of Saudi oil giant Aramco, has teamed up with start-up OrbitronAI to build and sell AI tools for heavy industry, the two firms said. The tools are aimed at oil and gas, power, mining, transport, and factory firms. They are meant to help them find money lost to slow decisions, scattered data, […]

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Amazon in talks to buy Decart for about $7bn, WSJ reports

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Amazon is in talks to buy the AI startup Decart in a deal that could value it at about $7bn, The Wall Street Journal reported on Sunday. Kate Clark and Lauren Thomas reported the talks, citing people familiar with the matter. A deal could come soon if the talks do not fall apart and no […]

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AI labs sought control over what outside evaluators publish, Reuters says

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Anthropic and OpenAI have pushed for a big say over what outside reviewers of their AI models can make public, Reuters reported today, citing two people who know about the talks. Both companies worry that the findings could expose trade secrets. Both labs had recently promised outside reviewers a free hand. Last month, Anthropic boss Dario […]

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ChatGPT leans on news sites more than any other AI platform, Semrush finds

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ChatGPT leans on news sites more than any other major AI platform, in both the UK and the US, Semrush said on Tuesday. From January to July, news took a bigger share of ChatGPT’s cited sources every month. Gemini, Google’s AI Mode and AI Overviews all trailed it. The pull is stronger in the UK. […]

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Two-thirds of small firms using AI now build their own tools, Pax8 finds

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Small and mid-sized businesses have moved from buying AI tools to building their own. In every market surveyed, most do it without a formal, documented review, Pax8 found in a survey published on Monday. Pax8 is a Denver-based marketplace. It sells AI and cloud software to small businesses through IT service providers. It surveyed 1,150 […]

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UiPath’s Michael Atalla on AI slop, junior jobs and a Shaolin monk’s advice

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UiPath’s marketing team has stopped paying outside firms to pull together its advertising data. The head of its paid media team built an AI agent on UiPath’s own platform instead, chief marketing officer Michael Atalla told TNW. It collects the data, analyses it and makes some low-cost changes to how the ads run, around the […]

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Atlassian does not use Chinese AI models in production, its CEO says

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Atlassian does not run any Chinese AI models in its products, chief executive Mike Cannon-Brookes said in an interview with 20VC, the podcast hosted by investor Harry Stebbings. The episode came out on Monday and was recorded in Amsterdam, where Atlassian held its Team ’26 Europe conference last week. Stebbings raised the issue, saying SaaStr founder […]

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