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“The Fortune 500 will have no shortage of AI,” said Leonard Tang, co-founder and chief executive of Haize Labs. “The harder problem is making AI useful for the businesses that power the rest of the economy, where most humans work and receive value.” Tang said that in a statement confirming that Beacon Software has bought […]
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Beacon buys Haize Labs to stop its AI agents going wrong Read More »
A proposed sale of Spirit Airlines data to Google has drawn an objection from aviation software company Springshot, which says some of the assets may not be Spirit’s to sell. Google won the bankruptcy auction with a $10 million bid for a vast archive. It includes roughly 100 million emails, 500 million Microsoft Teams messages […]
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Springshot says Google’s $10m Spirit deal could include its trade secrets Read More »
“Getting there means controlling the infrastructure from electrons to tokens,” said Chase Lochmiller, co-founder and chief executive of Crusoe. He was describing what he called an era of abundance brought by AI. The Denver company announced the initial closing of a $3.9bn Series F on 17 September, in a statement. It puts the post-money valuation […]
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Crusoe raises $3.9bn and starts trucking data centres to spare power Read More »
“Security software shouldn’t just track the work. It should understand the business, perform the work, and act as risk changes,” said Lewis Carhart, chief executive and co-founder of Comp AI. The Miami company has raised a $34m Series A led by Roo Capital and Grand Ventures, it announced on 17 September. It has raised $37.5m […]
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Comp AI raises $34m to turn compliance into continuous monitoring Read More »
“Traditional search advertising has long relied on keywords, but in an AI-driven world, people are expressing themselves in much richer ways,” said Bill Ready, chief executive of Pinterest. The company announced Visual Search Ads on 17 September at Pinterest Presents, its annual advertiser summit. The format places advertisers in Pinterest search results and in Pin […]
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Pinterest launches Visual Search Ads at its advertiser summit Read More »
“This is not a Republican or Democratic issue. This is an American issue, and it is a global issue,” House Democratic Whip Katherine Clark said on 17 September. Her party is pressing Republicans to stay in Washington and legislate on AI. Clark spoke alongside Democratic Leader Hakeem Jeffries and Caucus Chair Pete Aguilar. The Associated […]
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House Democrats push Johnson to cancel the recess to legislate on AI Read More »
“We don’t want government to get in the middle,” Emil Michael, the Pentagon’s chief technology officer, told CNBC when asked about government stakes in AI companies. Michael appeared on CNBC’s Squawk on the Street on 16 September. Asked whether the Trump administration could nationalise AI companies or take partial stakes in them, he said: “I […]
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Pentagon CTO Emil Michael says the US should not take stakes in AI firms Read More »
“Across the world’s largest enterprises, we are seeing a move from individual coding agents to software factories that serve as the core foundation from which an entire software company operates,” said Matan Grinberg, co-founder and CEO of Factory. The San Francisco company has raised $200 million at a $5 billion valuation, it said in a […]
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Factory raises $200M at a $5B valuation for its AI coding agents Read More »
“Why just destroy them when we can reverse engineer them and find the secrets of those spying on us?” one hacker told 404 Media. The hacker belongs to a collective called stegan0gram. The group pulled a Flock Safety camera down from above a roadway and copied almost all of its data. It shared the files […]
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Hackers extracted a Flock camera’s software and key, 404 Media reports Read More »
“When you are racing towards a cliff, you hit the brakes,” Senator Bernie Sanders told the Pro-Human Assembly in Washington on Tuesday. Sanders, a Vermont independent, and Trump ally Steve Bannon both called for stronger AI oversight at the event, Reuters reported. The nonprofit Future of Life Institute hosted it. Several hundred people attended, according […]
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Sanders and Bannon call for an AI slowdown at the Pro-Human Assembly Read More »