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An AirTag in a rare book led to an Amazon book scanning warehouse in Las Vegas

A bookseller hid an AirTag inside a rare book and let it go with a bulk order. The tracker travelled across the United States and stopped at a warehouse in Las Vegas owned by Amazon. Emanuel Maiberg reported the result for 404 Media on Monday. Booksellers have spent a year suspecting that AI companies were […]

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CISA orders a three-day patch after a flaw in the Ray AI framework comes under active attack

America’s cyber-defence agency has added a single vulnerability in Ray, the open-source framework that powers a large slice of the world’s AI training and inference, to its Known Exploited Vulnerabilities catalogue, confirming that the flaw is being used in real-world attacks. The Cybersecurity and Infrastructure Security Agency made the move on 17 August, giving federal […]

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The SEC staff agreed data centre securitisation sits outside Dodd-Frank risk retention

Nvidia announced $500bn of AI infrastructure financing last week, alongside Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR. A fortnight earlier, the Securities and Exchange Commission staff answered a question. It concerned how deals of that general type are regulated. The exchange took six days. What was asked, and what came back Latham & Watkins […]

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Google picked and paid for the firm anonymising the Spirit Airlines data

Google has agreed to pay $10mn for what a dead airline knew. A judge considers the sale on Wednesday morning. Reuters reported the price on Monday. Every account of the deal rests on one word. The data is deidentified, so nobody need worry. The Spirit Airlines data sale agreement, filed with the bankruptcy court on […]

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Cursor Origin is on by default for paid users, and its data terms are unpublished

Cursor started rolling out Origin, its own code hosting platform, on Monday morning. About three and a half hours later GitHub fell over. The order matters, because most of the internet reversed it. Matt Palmer works at Cursor. He quote-tweeted his own company’s launch with a line that then travelled further than the product. Cursor […]

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Greg Brockman says OpenAI underestimated its own models’ cyber skills

Greg Brockman went on CNBC on Monday to say the executive departures at OpenAI are not unusual. “I actually think that the difference between OpenAI and other organizations is that we are so much in the spotlight, so every departure gets scrutinized in a way that it doesn’t otherwise,” the company’s president told Squawk Box. […]

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Opening statements begin in the biggest consumer protection case in the US

Opening statements in the states’ case against Meta begin today in Oakland. The court seated a jury last week. The trial should run about five weeks. Twenty-nine state attorneys general brought the case in 2023. Lawyers for California, Colorado, Kentucky, and New Jersey will argue it. They allege that Meta designed Facebook and Instagram to […]

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Wispr raised $280mn at $2bn to argue the text box is finished

Wispr has raised $280mn at a $2bn valuation. Menlo Ventures led the round, having led the last one too. Total funding now stands at $361mn. The company makes Wispr Flow, a dictation app that turns speech into cleaned-up text in whatever application your cursor happens to be in. Reuters reports the previous round valued it […]

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The DOJ is investigating Andreessen Horowitz over competing board seats

The US Justice Department is investigating Andreessen Horowitz. At issue is whether partners at the venture capital firm improperly sit on the boards of competing artificial intelligence companies. Bloomberg reported the investigation on Monday, citing people familiar with the matter. Those sources put the investigation at nearly a year old. Monday’s story is the first […]

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Higgsfield raised $400mn at $5.4bn, four times its January valuation

Higgsfield has raised $400mn at a $5.4bn valuation. DST Global led the round. Goldman Sachs, Intel Capital, and Liberty Global Tech Ventures all took part, alongside Tribe Capital, Smash Capital, Fifth Wall, Valor Capital, Mirae Asset Capital, and NTT DOCOMO Ventures. The company was valued at $1.3bn in January. That is roughly four times higher […]

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