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Trump calls New York’s data centre pause a ‘terrible decision’. Hochul is not moving.

Kathy Hochul signed the executive order on Tuesday. Donald Trump was demanding she undo it by Wednesday. The order pauses construction of new data centres drawing 50 megawatts or more for up to a year, making New York the first US state to pull the brake on the buildings powering the AI boom. State officials are to […]

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Wall Street just had its best investment banking quarter in years, and it is calling AI a super cycle

Goldman Sachs booked $3.4bn in investment banking fees in the second quarter, a record, up 55% on a year earlier. Its chief executive has a name for what is driving it. “We are in the middle of an AI CapEx super cycle where there are demands on financing into every single financing instrument, in every […]

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OpenAI built an AI super-hacker to break its own models, then locked it away

OpenAI has trained an elite hacker, then locked it in a cage. Its whole job is to break OpenAI’s own AI. The company says it is too dangerous to let anyone else near it. The model is called GPT-Red, and OpenAI detailed it this week. It is an automated red-teamer: software that hunts for ways […]

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A hack just showed how Suno’s AI music was really built: millions of scraped songs

For years, musicians have said AI song generators fed on their work without asking. A hacker just opened the black box and showed them exactly how. Leaked source code from Suno, one of the biggest AI music tools, tells the story. It trained its model by scraping millions of songs and lyrics from across the […]

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YouTube appeals the social media addiction verdict, arguing it isn’t social media

YouTube has appealed the landmark social media addiction verdict, joining Meta. Its argument: YouTube is not a social media platform. YouTube has a curious line of defence against the finding that it helped hook a child on its app. It says it is not a social media platform at all. The Google-owned video service has […]

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Apple is shopping for chip companies because its own AI servers can’t keep up

Apple built a trillion-dollar business on chips it designs itself. It cannot design the ones its AI needs fast enough, so it is going shopping. The iPhone maker is hunting for AI chip acquisitions, The Information reported. In recent months it has talked to bankers about deals and approached chip startups to ask if they […]

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Walden Robotics launches with $300M, and its factory humanoids have no legs

Walden Robotics has launched from stealth with $300m and a $1.1bn valuation. The Toyota spin-out builds humanoids for factories, and it left off the legs on purpose. “If you listen to the people on the factory floor, they aren’t ready, and they don’t want them yet.” That is Russ Tedrake, telling Bloomberg why his new […]

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An OpenAI researcher is leaving to build a $2bn AI drug startup that has no name yet

No name. No product. No confirmed funding. And, possibly, a $2bn price tag. That is the shape of the newest bet in AI drug discovery. Miles Wang, a researcher at OpenAI, is leaving to start his own company, TechCrunch reported. He is in talks to raise about $200m at a $2bn valuation, with Lightspeed in […]

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Neko Health raises $700M at nearly $7bn and heads to New York

Neko Health, the body-scanning startup from Spotify’s Daniel Ek, has raised $700m and is now worth about $7bn. It is heading to New York, backed by Mark Zuckerberg, Maria Sharapova, and will.i.am. “We’ve gone into markets where health care is free, and hundreds of thousands of people line up in a queue” to pay for […]

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Emergent hits a $1.5bn valuation as vibe coding mints another unicorn

Emergent’s vibe coding platform hit a $1.5bn valuation a year after launch. Its founder says most businesses do not need software, they need a way to turn how they work into it. “Most businesses don’t need any software. They need a way to turn how they actually work into software.” That is how Mukund Jha […]

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