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…
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…
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…
General Intuition in Talks to Raise Funds at $6 Billion Valuation
The company trains robots the way children learn: by playing video games. General Intuition, an AI robotics start-up, is in talks to raise a new round of funding at a…
Microsoft AI Marketing Chief Andrea Mallard Departs
The marketing chief of Microsoft’s AI business is leaving. Andrea Mallard, who led marketing for the company’s AI products, including Copilot and the Azure AI platform, has departed, according to…
Tesla to Open Nevada Semi Factory Next Month
The trucks will start rolling off the line in September. Tesla plans to begin operations at its new electric heavy-truck factory in Nevada next month, according to an Electrek report…
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…
Meta Plans Consumer AI Agent ‘Hatch’ Within Weeks, New Model in October
The product has a name, a launch window, and a price: Meta will release “Hatch,” a consumer AI agent, within weeks, with a target of early September, according to a…
Hugging Face in Sale Talks at $13 Billion Valuation
SAN FRANCISCO — The first sign that something was in motion came late Sunday, when bankers who had spent the weekend working the phones declined to say who was calling.…
Anthropic’s Pricey Fable 5 Struggles to Win Corporate Spending
SAN FRANCISCO — When Anthropic released Fable 5, its most powerful model, the company’s sales team pitched it as the product that would justify the premium the market was placing…
