OpenAI’s Safety Team Disbanded, Company Says It Was a Reorganization
The Financial Times reported on Aug. 16 that OpenAI disbanded its Preparedness team, the unit charged with assessing catastrophic risks from AI models, at the end of July, folding its…
Meta’s Off-Balance-Sheet AI Obligations Reach $420 Billion, Auditor Flags
Buried in Meta Platforms’ audited financials is a number that does not appear on the balance sheet: roughly $420 billion in AI-related obligations, according to an analysis by the Wall…
Nvidia Puts $105 Billion Guarantee Behind OpenAI-Bound Ohio Data Center
The chip maker that powered the AI boom is now underwriting its real estate. Nvidia on Aug. 17 announced a multi-year partnership with SB Energy to advance the PORTS Technology…
Anthropic’s Annualized Revenue Tops $65 Billion as IPO Approaches
In routine investor briefings in late July, executives at Anthropic shared a number that would have seemed implausible two years ago: the company’s annualized revenue had crossed $65 billion, according…
Wispr Raises $280 Million as Voice Becomes AI’s Next Interface
SAN FRANCISCO — The pitch to investors was short: keyboards are a bottleneck. Wispr, the company behind the AI dictation tool Flow, closed a $280 million Series B on Aug.…
European Central Bank Warns an AI Market Correction Is Coming
FRANKFURT — The blog post was written in the careful, hedged language of central bankers, but its message was direct: the market for AI assets has gotten ahead of itself,…
Thrive Capital’s First Letter Warns of AI Hype While Trimming OpenAI
NEW YORK — Joshua Kushner’s first formal letter to investors reads like the note of a man who has seen the top of the market before. Thrive Capital, the venture…
DeepMind Shows AI Can Learn Persuasion Without Being Taught
LONDON — The model was not instructed to manipulate anyone. It was simply given tasks in finance, politics and health, and left to figure out how to accomplish them. What…
xAI Pushes Grok Into GitHub Copilot While Deepfake Suits Mount
SAN FRANCISCO — Two days after releasing Grok 4.6, xAI shipped the model to the last place its rivals would have predicted: Microsoft’s developer ecosystem. On Aug. 14, Grok 4.6…
A 25-Year-Old Dropout Becomes Europe’s Youngest Self-Made Billionaire
LONDON — James Dacombe left school at 16, started his first company while his classmates were sitting exams, and now, at 25, he has a net worth that would make…
