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Nvidia adds a record $150bn to its share buyback

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Nvidia’s board has approved an extra $150bn for share buybacks, the company said on Monday. That lifts the total remaining authorisation to $235bn, which Nvidia expects to use through fiscal year 2028. Nvidia called it the largest increase to a share repurchase authorisation in history. “This authorization reflects our confidence in the long-term opportunity ahead,” […]

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Meta hires MongoDB CEO CJ Desai to sell its AI to businesses

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Meta has launched a division to sell its AI tools to businesses, Mark Zuckerberg said on X on Monday. MongoDB chief executive Chirantan “CJ” Desai will run it. “Today we are starting the next major pillar of our business, Meta Enterprise Platform,” Zuckerberg wrote. The unit will first offer Meta’s full technology stack to businesses […]

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Instinct raised $1B at $10B for an AI agent that rings restaurants on its own phone

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Instinct has raised $1B at a $10B valuation from Sequoia, Benchmark and Coatue for a personal AI agent that books trips, orders groceries and telephones businesses using its own phone. Since 2 August, Article 50 of the EU AI Act has required systems that interact directly with people to tell them they are dealing with […]

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Red Queen Bio is using AI to design antibodies for future viruses, WSJ says

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Red Queen Bio, a biosecurity startup backed by OpenAI, has raised $36 million in total to design antibody drugs against viruses, including ones that AI systems could one day help create, The Wall Street Journal reported. The company is starting with antibodies against bird flu and other influenza viruses and plans its first clinical trials […]

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Altman and Amodei will skip Australia’s Senate inquiry on AI

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OpenAI chief executive Sam Altman and Anthropic chief executive Dario Amodei will not appear before the Australian Senate inquiry into AI, Bloomberg News and Reuters reported on Monday. The inquiry holds its next hearing in Canberra on 1 October. Anthropic has asked for another date because the invitation came late last week, a person familiar […]

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China extends AI travel curbs to executives’ families, Bloomberg reports

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China now requires the families of some top AI and chip executives to get Beijing’s approval before travelling abroad, Bloomberg News reported, citing people familiar with the matter. The rule covers spouses and children, even for short trips. Government agencies have started telling affected people about the wider restrictions, Bloomberg reported. Those covered include prominent […]

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Z.ai and Concordia AI propose six stages for managing open-weight AI risk

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Chinese AI company Z.ai and Beijing safety consultancy Concordia AI have published a framework for managing the risks of open-weight AI models. Anyone can download, modify and run the trained parameters of such models. The two released the report on Monday, Chong Ming Lee reported for the South China Morning Post. The report “provides the […]

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Microsoft’s Suleyman tells Bloomberg AI needs a ‘red line’ on control

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Microsoft AI chief executive Mustafa Suleyman says the industry should reject any AI it cannot prove it controls. He made the case in an interview with Shirin Ghaffary for Bloomberg’s Q&AI newsletter. “Unless we can prove ahead of time that we can control it, then it’ll be a failure as a technology, and we should […]

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Trump dined with Amodei after saying he is for ‘let’s go and let’s win’

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Anthropic chief executive Dario Amodei had dinner with President Donald Trump at the White House on Sunday night, Semafor confirmed. It was the first one-on-one meeting between the two, which Axios first reported and TNW covered on Sunday. Hours before the dinner, Trump said he planned to raise Amodei’s call to slow AI development, Bloomberg […]

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HiringCafe lands $6.8M to fix the broken job hunt with AI talent agent

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The modern job search has devolved into a notoriously soul-crushing endeavor. Candidates fire hundreds of resumes into the void. They navigate an endless stream of expired ‘ghost jobs’. And they compete against automated mass-application bots for a fraction of the actual open roles. It’s a frustrating, high-friction loop. Legacy job boards, built primarily around employer […]

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