Artificial Intelligence

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Nvidia-backed GMI Cloud raises $668m as contracted revenue tops $600m

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GMI Cloud, a Mountain View company that rents out Nvidia GPU servers, has raised $668m in new financing, the company said on Wednesday. That is $223m of Series B equity and a $445m credit facility. The Taiwanese bank CTBC led the credit facility. ARCHIV, a new San Francisco firm that invests in AI and robotics, […]

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OpenAI’s 2017 plan to auction AGI to China and Russia, per The Atlantic

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In 2017, OpenAI co-founders Greg Brockman and Ilya Sutskever proposed auctioning the rights to the company’s future AGI to governments, including the US, China and Russia. Kevin Roose reports the plan in an excerpt from his book, published by The Atlantic on Tuesday. Dario Amodei opposed it. It was one of several disputes that led […]

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McDonald’s uses AI to set an optimal price at each store, Reuters reports

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McDonald’s is using an AI pricing engine to recommend what each of its nearly 14,000 restaurants should charge for every menu item, Reuters reported on Tuesday. The engine covers the US and some markets abroad. One factor the engine weighs is an estimate of how much each store’s customers are willing to pay. Waylon Cunningham […]

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Bank of England’s Bailey warns the AI boom could bring market shocks

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AI could set off shocks in financial markets, and the UK has to be ready for them, Bank of England governor Andrew Bailey told the BBC on Thursday. He said the Bank is watching the money flowing into AI “very carefully”. Mitchell Labiak and Faisal Islam of the BBC asked him whether an AI bubble […]

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OpenAI’s Greg Brockman drops his second $25m gift to an AI super PAC

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OpenAI president Greg Brockman and his wife, Anna, have pulled out of a second $25m donation to Leading the Future, a super PAC that backs pro-AI candidates for Congress. Theodore Schleifer and Mike Isaac reported the move for The New York Times on Wednesday. Leading the Future had said the couple would give $50m in […]

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Texas politics may delay Chevron data centre decision, Semafor reports

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A final investment decision on Project Kilby, a huge gas-powered data centre in West Texas, could slip from the end of this year to 2027 because of state politics. Tim McDonnell reported the news for Semafor on Thursday. The project, near Pecos in the Permian Basin, will use about 2.67GW of on-site gas turbines to power […]

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Meta tells the IRS its AI data centres are experiments, NYT reports

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Meta tells the IRS that its AI data centres are an experiment that could fail, The New York Times reported on Wednesday. That lets Meta claim a research tax credit on the AI chips it buys. The credit cut almost $4bn off its tax bill last year. Kashmir Hill, Jesse Drucker, Eli Tan and Mike […]

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DeepSeek open-sources Huawei chip tools as a simpler alternative to CUDA

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DeepSeek has open-sourced a set of programming tools for Huawei’s Ascend AI chips. They include a version of TileLang, a programming language DeepSeek offers as a simpler alternative to Nvidia’s CUDA. The Chinese AI lab announced the release on Wednesday in a post on its WeChat account. The release includes compute and communication libraries for […]

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AI control becomes a new enterprise resilience priority

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Artificial intelligence is moving deeper into enterprise infrastructure, bringing a broader risk horizon with it. As AI progresses from generating text in isolated environments toward initiating transactions, influencing decisions, and contributing to production code, the consequences of an error may extend across interconnected systems. Splunk’s 2026 research, released by Cisco in partnership with Oxford Economics, estimates that unplanned […]

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Anthropic says China’s GLM-5.3 nearly matches Mythos at cyber exploits

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GLM-5.3, an open-weight model from the Chinese lab Zhipu AI, can build working cyber exploits on its own almost as well as Claude Mythos Preview, Anthropic said on Tuesday. Its safeguards can be bypassed with simple techniques in up to 100% of tests. Anthropic’s Frontier Red Team published the findings in a research post. Zhipu […]

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