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Chai Discovery’s $400m raise triples its value to $3.8bn in seven months. It is the latest sign that AI drug discovery has moved from promise to deployment. AI drug discovery just minted another fast-rising star. Chai Discovery has raised a $400m Series C that values the San Francisco startup at $3.8bn, the company said. That […]
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China’s biggest memory chipmaker is about to test the public markets. ChangXin Memory Technologies, known as CXMT, has priced its Shanghai IPO at 8.66 yuan ($1.28) a share, the South China Morning Post reported. The sale will raise about 57.9 billion yuan, or $8.5bn. That would make it the largest listing by a Chinese semiconductor […]
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CXMT prices a record $8.5bn Shanghai IPO, valuing China’s memory champion at $85bn Read More »
Reflection AI has locked in more computing power. The US startup signed an AI compute deal worth more than $1bn with Nebius, the Amsterdam-based cloud provider, according to Bloomberg. The agreement runs through 2029. It gives Reflection access to Nvidia’s newest GB300 chips. Nebius confirmed the deal. Its shares have more than doubled this year […]
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Apple is in early talks with PrismML, a startup that shrinks large AI models to run directly on a phone. The company’s on-device AI pitch could help Apple keep more of Siri’s work off the cloud. PrismML chief executive Babak Hassibi told CNBC that Apple and other companies were evaluating its technology. He called the […]
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Apple is in talks with the startup shrinking a 27B AI model onto an iPhone Read More »
A group of major book publishers and the author Scott Turow have sued Google, claiming it used millions of copyrighted books to train its Gemini AI without permission. The Google Gemini lawsuit calls it “one of the most prolific infringements of copyrighted materials in history.” The plaintiffs filed the complaint on 10 July in the […]
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Publishers sue Google over Gemini AI training Read More »
While the West argues over how to regulate AI, Abu Dhabi has quietly built an AI-native government. In the UAE capital, a single app already renews your ID, books your doctor, and pays your parking fine, sometimes before you ask. Most governments are still drafting their first AI strategy. Abu Dhabi is running on one. […]
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Abu Dhabi already runs its government on AI Read More »
A look at Anthropic safety hiring shows exactly what it fears: analysts brought in to stop its models teaching anyone how to build nuclear, chemical, and biological weapons. Most job ads sell a mission. Anthropic’s read like a threat assessment. The company has posted a run of openings for enforcement analysts whose job is to […]
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Anthropic’s job ads read like a threat assessment Read More »
The White House wants frontier AI on cyber defence, and it wants it fast. Gold Eagle, a new AI-backed clearinghouse, will pool software vulnerability findings from government and industry. It ranks the worst, then coordinates fixes across US critical infrastructure. The pitch for AI-written malware is that it moves at machine speed. Washington has now […]
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The White House’s Gold Eagle wants to patch cyber flaws at machine speed Read More »
Delaware wants to give AI agents something no one has offered them before: a legal identity of their own. The proposed Delaware AIC would let an autonomous system run a company, sign contracts, and face lawsuits in its own name, all inside a supervised sandbox. For a century, Delaware has been the place where American […]
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Delaware wants to give AI agents their own legal identity Read More »
The man behind Google’s AI thinks the world needs a referee. And he has drafted the rules. Demis Hassabis wants a US-led watchdog that vets frontier models before release. It is modelled on Wall Street’s policeman, and it could slow the whole industry down. Demis Hassabis does not usually sound the alarm. On Tuesday he […]
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Demis Hassabis wants a Wall Street-style referee for AI, with the power to hit pause Read More »