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Scimplify raises $25M to speed up critical materials production with AI

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Indian startup Scimplify has raised $25M led by Hitachi Ventures to supply specialty chemicals and critical materials outside China, with German customer Henkel joining as an investor. The new production network is going to the US and Japan, not Europe. Scimplify has raised $25M to supply specialty chemicals and critical materials from outside China. German […]

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Apple, OpenAI head to court over AI trade secrets, with the case on the line

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A federal judge in San Jose hears two opposed motions on the same day, Apple’s request to stop OpenAI using anything taken from it and OpenAI’s request to throw the case out. Apple won part of its expedited discovery on Tuesday, and was refused part of it. Apple and OpenAI are in court in San […]

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Microsoft Azure executive asked teams to find 20% cost cuts, report says

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A senior Microsoft cloud boss has asked team leaders to find ways to cut costs by at least 20%, The Information reported, citing people who know about the plans. We have not independently verified the report, and Microsoft disputes it. “Azure leadership has not directed teams to develop cost-cutting plans,” a Microsoft spokesperson told The […]

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Anthropic opens a Singapore office and signs an AI safety MOU with the government

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Anthropic has opened an office in Singapore, its fifth in Asia-Pacific, and signed a memorandum of understanding with the government. Neither comes with a figure or a headcount. The memorandum covers AI safety, security and model evaluation, research on adoption, and responsible adoption across the public and private sectors, the company said. Co-founder Ben Mann […]

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Bumble agrees to be bought by Ithaca Holdings for about $1.3bn

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Bumble has agreed to be acquired by Ithaca Holdings in an all-cash deal valuing the dating app at about $1.3 billion, the companies said on Tuesday. Ithaca will pay $6.05 per Bumble Class A share, about 138% more than the stock’s closing price on October 9, before reporting on Monday that the two sides were in advanced […]

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Anthropic’s international chief says open models carry more risk by definition

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Anthropic’s head of international told Bloomberg TV in Dublin that open alternatives to its models carry more risk by definition. That is a broader claim than the one Dario Amodei set out in July, when he wrote that open-weight models without dangerous capabilities are a public good. Anthropic’s top sales executive outside the US says […]

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Home consoles face extinction as cloud and AI boom, BI research says

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Bloomberg Intelligence forecasts that streamed games will become a $38B market by 2035 and that the dedicated console will stop being a mass-market product. The case depends on surplus GPU capacity pushing compute prices down late this decade, which has not happened yet. Streamed games will be a $38B market by 2035, and the console […]

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Nvidia commits $250M of compute to UK AI safety research

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Nvidia has committed $250M over five years to UK agentic safety and security research, in the form of compute access rather than cash. Provider selection and commercial terms have still to be agreed. Nvidia has committed $250M to British AI safety research over the next five years. The commitment is compute access, not cash, and […]

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Anthropic asks the full appeals court to rehear its Pentagon case

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Anthropic has asked the full federal appeals court in Washington to revisit a 2-1 ruling upholding the Pentagon’s designation of it as a supply-chain risk. It argues the designation was retaliation for its speech about AI safety. Anthropic has asked the full federal appeals court in Washington to rehear its challenge to a Pentagon designation […]

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