Artificial Intelligence

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The lawsuits that could give AI its Big Tobacco moment are already here

In the 1990s, almost every US state sued the tobacco industry. The resulting settlements cost hundreds of billions of dollars and transformed how cigarettes were marketed, sold, and regulated. Senator Ed Markey said in March that Big Tech’s Big Tobacco moment has arrived. He was talking about social media. But the legal machinery he described is […]

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JPMorgan poaches Nomura’s international AI strategy chief as Dimon doubles down on AI hiring

JPMorgan Chase is hiring Nomura Holdings’ international head of artificial intelligence strategy, according to Bloomberg, as the largest US bank by assets accelerates its recruitment of AI specialists. Singapore-based Tahir Zafar, who joined Nomura in late 2023 and was promoted to his current role in March 2025, is expected to start around July after completing […]

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The AI models finding 10,000 vulnerabilities are the same ones China is trying to copy. That is the problem.

In May, Google’s Threat Intelligence Group confirmed the first known case of an AI system discovering and weaponising a zero-day exploit that was then deployed in the wild. A criminal actor used a frontier model to find a two-factor authentication bypass, build a working exploit, and use it before any defender knew the vulnerability existed. That […]

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Moonshot AI wants a $30bn valuation six months after being worth $4bn. That tells you everything about China’s AI funding race.

Moonshot AI, the Beijing-based developer of the Kimi chatbot, is seeking as much as $2 billion in a new funding round that would value the company at $30 billion, Bloomberg reported on Sunday. If the round closes at that target, it would mark a seven-fold increase in capitalisation since December, when the startup was valued at just […]

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Moonshot AI wants a $30bn valuation six months after being worth $4bn. That tells you everything about China’s AI funding race. Read More »

Nvidia locks in SK Hynix for the AI memory race as the chip industry’s “toughest bottleneck” gets its own multi-year deal

Nvidia and SK Hynix have signed a multi-year agreement covering both the design and manufacture of next-generation memory chips for AI. The deal, announced on Sunday during Nvidia CEO Jensen Huang’s tour of South Korea, gives SK Hynix a formal co-development role in the high-bandwidth memory that will power Nvidia’s most advanced accelerators, starting with the Vera […]

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UK plans to buy AI chips from British firms to stop them leaving for the US

The UK government will offer to buy AI chips directly from British technology companies in a bid to keep them in the country. Technology Secretary Liz Kendall will outline plans for “strategic purchases” of semiconductor equipment from UK-based firms at London Tech Week this week, the Telegraph reported. The initiative includes access to taxpayer-backed funding […]

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Trump signs memo putting ‘most advanced AI’ into military hands and banning vendors from pulling the plug

President Trump signed a national security presidential memorandum on Friday ordering the US military and intelligence agencies to accelerate their adoption of cutting-edge AI. The directive, NSPM-11, establishes a framework for “rapid onboarding of the most advanced AI models from multiple vendors.” It also bars any company from disabling, degrading, or modifying an AI system […]

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OpenAI adds Lockdown Mode to ChatGPT to block data theft from prompt injection attacks

OpenAI has begun rolling out Lockdown Mode to ChatGPT, a new security setting designed to block attackers from stealing data through prompt injection attacks. The feature disables live web browsing, agent mode, deep research, image retrieval, Canvas networking, and file downloads. It is available to logged-in users across Free, Go, Plus, Pro, and self-serve ChatGPT […]

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Robot dogs, hunter drones, and AI cameras: the tech securing the 2026 World Cup

The 2026 World Cup kicks off next week across 16 cities in the US, Mexico, and Canada. It is the largest in history: 48 teams, 104 matches, 39 days. It is also the most technologically surveilled sporting event ever staged, with robot dogs, net-shooting hunter drones, and thousands of AI-powered cameras deployed across venues and […]

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Trump’s top AI adviser Sriram Krishnan is stepping down from the White House

Sriram Krishnan, the White House’s senior policy adviser on artificial intelligence, is stepping down. The former Andreessen Horowitz partner was tapped by President Donald Trump to help shape the administration’s AI strategy during his second term. He will leave at the end of June, according to the Washington Post. Krishnan played a central role in […]

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