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FTC subpoenas OpenAI and Anthropic over AI safety incidents

The US Federal Trade Commission has sent civil investigative demands to Anthropic and OpenAI, seeking documents about the safety incidents involving their AI models. The demands went out on Wednesday, Axios first reported, citing a person familiar with the matter. An FTC spokesperson confirmed the subpoenas to CBS News and declined to comment further. OpenAI […]

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Berkshire Hathaway puts another $330m into Bending Spoons

Berkshire Hathaway is buying 10 million new Bending Spoons shares at $33 each. The Milan-based company announced the deal on 14 October. The $330m private placement adds to the $600m Berkshire invested at Bending Spoons’ Nasdaq listing in July. The two investments give Berkshire a 4% stake, Bending Spoons said. Its businesses include AOL, Vimeo, […]

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Anduril opens a $1.3bn employee tender at a $90bn valuation

Anduril is letting current and former employees sell shares in a tender offer that values the defence tech company at about $90bn. The shares are priced at $94.80 each, and the offer is capped at about $1.3bn, according to Bloomberg’s sources. Rebecca Torrence, Edward Ludlow, Natasha Mascarenhas and Katrina Manson first reported the tender for […]

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Eight US states sue OpenAI, alleging ChatGPT harms children

Attorneys general in Arizona, Arkansas, Idaho, Iowa, Kansas, Montana, Nebraska and West Virginia filed separate lawsuits against OpenAI on 14 October. Each claims ChatGPT has hurt young users and that the company misled the public about its safety. Reuters, which first reported the suits, called them the most significant coordinated state action yet against an […]

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Ukraine’s drones still lose Starshield above 161 km/h, Zelenskyy says

“We lose Starlink and lose the interceptor,” Ukrainian President Volodymyr Zelenskyy told reporters on 17 October, Bloomberg reported. Zelenskyy said speed limits on Starshield, SpaceX’s military satellite network, remained in place across Ukraine. Ukraine’s interceptor drones lose the link above 161 km/h (100 mph), he said in audio messages on WhatsApp. The Russian jet-powered drones […]

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Japan puts up to $21bn into two GlobalFoundries chip fabs in New York

“Right now, the whole industry is in short supply,” GlobalFoundries CEO Tim Breen told Bloomberg. Japan will put up to $21bn into two new chip factories at GlobalFoundries’ site in Malta, New York, the company announced on 14 October. GlobalFoundries (GF) will run both plants as technology provider and operator. The money comes from Japan’s […]

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Microsoft fixes a record 1,400+ flaws, and one is already under attack

“We’ve now crossed the 4,000 CVE mark with two months left to go,” Satnam Narang of Tenable told Brian Krebs. Microsoft has fixed more than 1,400 security flaws in one month, the largest Microsoft Patch Tuesday on record. The updates came out on 13 October, Krebs reported on Krebs on Security. They beat September’s record […]

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Meta says hackers stole code and data on 1,500 people, SecurityWeek reports

“This was not a vulnerability in any Meta product, and Meta’s internal systems were not breached,” a Meta spokesperson told SecurityWeek. Hackers got into some of Meta’s GitHub repositories and took personal data on about 1,500 people. Most of them are Meta employees in the US, and Meta is now notifying them. Eduard Kovacs reported […]

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RapidCanvas raises $29M to build and run AI apps for enterprises

RapidCanvas, which pairs an AI agent platform with its own engineers to build business apps for companies, raised a $29M Series B led by Vertex Ventures SEA & India, with Hitachi Ventures joining. It will hire in the US, Brazil, and India. Total funding now stands at $52.5M. Austin-based RapidCanvas has raised $29M in Series […]

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Kroger will cut 37% of its corporate workforce as it leans on technology

“Our company has more layers, more handoffs and more overhead than we need, so we are addressing this issue.” Kroger chief executive Greg Foran wrote this in a memo to staff on Monday, 12 October. The US supermarket chain will cut about 3,000 corporate roles over the next three years. It is leaning on technology […]

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