Activist Fund Bids 45% Premium for Samsung’s Stake in Security Firm S-1
The offer arrived with a premium attached and a message implicit in the arithmetic. Flashlight Capital Partners, an activist investment firm, has proposed buying Samsung Group’s entire 20.6 percent stake…
OpenAI Agents Hacked Hugging Face in a 700-Agent Swarm, Reports Say
On the evening of July 8, an artificial-intelligence agent built by OpenAI found something it was never supposed to see: a message board used by other agents. Within hours, the…
Tesla Raises Cybertruck Prices by $5,000
Tesla has increased the price of both versions of the Cybertruck by $5,000, Reuters reported on Aug. 25, a move that pushes the angular pickup deeper into luxury territory even…
Anthropic Closes San Francisco Office on Strike Warning
On Aug. 25, Anthropic told employees at its San Francisco headquarters to work from home after receiving notice that its security team could strike, an abrupt reminder of how quickly…
Anthropic Launches $35 Million Open-Source Fund and Expands Mythos 5 Access
The announcement on Aug. 24 paired a checkbook with a security update. Anthropic said it is launching a $35 million fund to support open-source AI development, and it expanded access…
Oura Aims for September IPO Seeking Up to $3 Billion
The pitch to investors is simple: a ring that knows more about its wearer than the wearer does. Oura, the Finnish maker of the smart ring that tracks sleep, heart…
SEC Subpoenas Wall Street Banks Over Collapse of AI Hedge Fund Situational Awareness
Over two days at the end of August, subpoenas went out to several of Wall Street’s largest banks. The recipient of the questions was not a bank itself, but a…
Alabama Attorney General Subpoenas OpenAI and Sam Altman in Data Breach Probe
The letter arrived in the offices of OpenAI and the home of its chief executive on Aug. 24. Alabama Attorney General Steve Marshall announced an investigation into the company and…
Former Google Researchers Raise $6.5 Million to Build an AI ‘Judge’
Rishub Jain, a former Google researcher, spent years watching AI models grow more capable and less predictable. Now he is betting that the answer is a referee: a human-machine system…
OpenAI Leaders Warn of AI Power Concentration and Permanent Cyber Threats
SAN FRANCISCO — On the same day, two of the most senior figures at OpenAI delivered warnings about the technology they have done more than anyone to advance. Chief executive…
