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Nvidia is buying a further $1.5B of SB Energy shares at 90% of the price of the data centre developer’s coming US listing, taking its total backing to $3B. SB Energy has 8.8 gigawatts in contract or under construction in Texas and Ohio, while its parent’s European capacity is not due before 2031. Nvidia is […]
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Nvidia is buying SB Energy stock at 90% of its IPO price Read More »
OpenAI has called on the United States to lead an international effort on standards for advanced AI, beginning with rules on which incidents must be reported, and suggested routing the work through national AI safety institutes including the US Center for AI Standards and Innovation. Europe legislated incident reporting in Article 55 of the AI […]
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OpenAI asks Washington to lead a global AI standards push Read More »
“I was hearing from people in the campaign world that there’s this new strategy of paying political influencers to post content,” said Marc Berman, the California assemblyman. “Some were good about disclosure and others were a bit fast and loose.” His bill is now law. Gavin Newsom signed AB 1130 on Saturday. In California, paid […]
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California will fine creators $5,000 a post for hidden political ads Read More »
Harvey’s gross margin fell from about 50% at the start of this year to minus 50% by June as customer usage of its AI agents spiked, and turned positive again only after it released a model of its own built on Moonshot’s Kimi K3. Abridge, Decagon, Ramp and Rogo are making similar moves, and Sequoia […]
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AI model costs are pushing startups towards cheaper open weigh Read More »
“For decades, small businesses have been sold the leftovers of the health insurance market,” said Nikhil Aggarwal, chief executive and co-founder of Corridor. His company launched its AI benefits brokerage on Monday with $25m. Its plan is to change that with agents. Bain Capital Ventures led the round. BoxGroup and Definition Capital took part. So […]
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Corridor launches with $25m to fix health benefits for small businesses Read More »
American advertisers are operating in a media environment with more channels, more data, and more technology than ever before. Yet for marketers, the central challenge is shifting. It is less about finding another place to advertise. It is more about understanding how every investment contributes to the broader business. That is the environment Rob DeSalvo […]
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The state of the American advertiser Read More »
Amazon fought AI shopping agents on two fronts on Monday. It blocked Muse, Meta’s new AI assistant, from Amazon.com. It also filed an amended complaint against Perplexity, accusing the company of misleading a federal appeals court. The block came first. People who sent Muse to shop on Amazon over the weekend began seeing a popup. […]
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Amazon blocks Meta’s Muse and accuses Perplexity of misleading a court Read More »
“Specifics will vary by DSP and geography, as each DSP determines how best to invest in their business and teams,” Amazon wrote on Monday. That sentence sits four lines below the headline figure, which is that drivers will earn a national average of nearly $24 an hour. Amazon said it will put another $1.9bn into […]
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Amazon puts another $1.9bn into its delivery partner programme for 2027 Read More »
“It’s about whether the lights stay on and the water stays safe when an adversary attacks,” said Dmitri Alperovitch, the CrowdStrike co-founder who is returning to the board of Dragos. The industrial cybersecurity company said on Monday it has closed its acquisitions of NetRise and runZero. The deals completed alongside the close of Accenture’s majority […]
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Dragos closes its NetRise and runZero deals as Accenture takes control Read More »
A 92-page brief unsealed on Thursday opens by quoting the same Microsoft employee twice. Dr Brent Hecht, the company’s Director of Applied Science, wrote that people would come to see large models hoovering up their work as “an astonishing theft of unprecedented proportions”. In a second document he called it perhaps the “largest theft of […]
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A Microsoft scientist called AI training the largest theft of labor Read More »