Artificial Intelligence

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SoftBank shares slide up to 13% as AI stocks fall on slowdown calls

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SoftBank Group shares fell as much as 13% in Tokyo on Monday, their steepest drop since 17 July. AI-linked stocks sold off worldwide that day. Over the weekend, the heads of Anthropic and OpenAI had called on the industry to slow the development of more capable models. The same day, Bloomberg reported that SoftBank had […]

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Tandem Health raises $100m to turn its AI scribe into clinic software

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Stockholm-based Tandem Health has raised $100m in a Series B round led by the Scaleup Europe Fund, which EQT manages. The company announced the round on 14 September. Existing investors Kinnevik, Northzone, Amino Collective, and Visionaries also took part. Tandem said the deal is the fund’s first investment in healthcare. The round follows a $50m […]

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Anthropic is Rum Group’s $13.7bn compute customer, The Information reports

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Anthropic is the unnamed customer behind a $13.7bn, six-year computing contract that Rum Group disclosed last month, The Information reported on Sunday. Rum Group owns the video platform Rumble. Reporters Valida Pau and Phoebe Liu cited one person familiar with the matter. Neither Anthropic nor Rum Group had publicly confirmed the report at the time […]

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ENISA used an OpenAI model to find four flaws in EU code, Politico reports

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The EU’s cybersecurity agency used an OpenAI model to find four flaws in code for an EU project, Politico reported on 10 September. ENISA spokesperson Laura Heuvinck confirmed the findings to Politico’s Sam Clark. One flaw carries a high-risk rating, and an attacker could use it to hijack accounts. The flaws have since been fixed, […]

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Kamala Harris asks Congress for a new AI regulator and a treaty with China

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Kamala Harris posted a four-paragraph statement on X on Monday night setting out what she wants Washington to do about AI. She asked Congress to pass new laws and “establish a new federal entity to provide oversight and independent testing” for frontier models. She asked the president to pursue a treaty with countries including China […]

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Congress has three AI bills and no timetable for a vote on any of them

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Three senators will put AI legislation in front of Congress this week, and none of them can say when it might be voted on. John Kennedy, a Republican from Louisiana, plans to introduce a measure on Wednesday requiring developers to build a shutdown mechanism into their systems. Bernie Sanders is hosting a briefing with AI […]

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Cathie Wood calls AI extinction warnings ridiculous at a Sydney briefing

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Cathie Wood praised the AI industry for talking openly about its own risks and dismissed the specific risk it has been talking about, in the same set of remarks to reporters in Sydney. The ARK Invest founder said she was “happy that the leaders of the industry are advertising the risks associated with this new […]

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The Gates Foundation will spend at least $1bn on AI access over the next two years

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Bill Gates has committed the Gates Foundation to spending at least $1bn over the next two years on expanding access to AI, and paired the announcement with a blunt assessment of the people who are supposed to be regulating it. “I don’t think any government is nearly as deep on this as they have to […]

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Trump phoned Jensen Huang onstage at the All-In Summit to call AI fear a hoax

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Jensen Huang was midway through an interview at the All-In Summit in Los Angeles on Monday morning when his phone rang. It was Donald Trump. Huang put him on speakerphone, and the president opened by noting that Huang can design the most complex computer chip in the world but “can’t figure out how to put […]

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Hundreds of contractors are reportedly reading real ChatGPT conversations

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OpenAI is paying hundreds of contractors to read real ChatGPT conversations and rate the chatbot’s replies under the internal codename Project Lily, and did not answer when asked where it had told users. The Court of Justice held last September that a controller’s duty to inform applies at collection and does not depend on whether […]

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