Business & Policy
IMF warns an AI spending bust could shake global financial markets
The Global Financial Stability Report points to concentrated investment, heavy borrowing by tech giants and cyber risk as weak points.
Business & Policy
Funding, deals, regulation, and policy that shape how AI reaches the world.
- Business & Policy
Judge orders OpenAI to quickly hand Apple its records on interviews with former Apple employees
The ruling in Apple's trade secrets suit covers hiring for OpenAI's consumer hardware and robotics groups.
- Business & Policy
Microsoft unveils Maia 300 and plans to make its own chips the main way it runs AI from 2027
Microsoft says the third-generation inference chip will produce 40 percent more tokens per megawatt than leading GPU systems, and that deployments will be measured in gigawatts.
- Business & Policy
Character.AI files for bankruptcy and plans to sell assets to Disney
The chatbot startup was an early hit of the generative AI boom, but it has faced years of lawsuits and scrutiny over the safety of its bots.
- Business & Policy
White House lifts its ban on UK safety testing of new AI models
Washington had asked Anthropic, OpenAI and other companies to withhold new models from the UK's AI Security Institute. It changed course after lobbying by UK AI minister Kanishka Narayan.
- Business & Policy
Nvidia is reportedly in early talks to buy, acquihire or invest more in Reflection AI
According to the Financial Times, a deal with the open-weight model developer could come within weeks, though the talks could still fall apart.
- Business & Policy
White House demands 'full transparency' from AI companies after Anthropic agents sent a false police tip and filed visa applications
The Super Intelligence Force calls incident reporting and remediation 'not optional' and 'a critical national security obligation.'
- Business & Policy
Satya Nadella says AI models should be treated as compromised from the start and need an 'emergency brake'
Microsoft's CEO wants models kept separate from the harnesses that run them, controls placed outside the model, and tamper-proof records of every meaningful action.
- Business & Policy
a16z data shows only 4.5 percent of US consumers pay for a major AI chatbot, but top payers spend about $900 a month
The seventh edition of Andreessen Horowitz's Top 100 consumer AI list tracks actual card spending for the first time.
- Business & Policy
TypeSafe AI, maker of the decision model Jev, raises $870 million at a $7.5 billion valuation
Andreessen Horowitz led the round less than a month after Jev's September 15 release. The company says a third of Fortune 500 companies already use the model.
- Business & Policy
Fired OpenAI safety researchers deny misconduct in an open letter, and OpenAI stands by the dismissals
Jasmine Wang, Tomek Korbak and Mikita Balesni warn of a chilling effect. OpenAI says the firings were about a 'breach of trust,' not about raising safety concerns.
- Business & Policy
Anthropic's first usage policy update in over a year bans 'sustained and needless' abuse of Claude
The update also adds rules on propaganda, election interference, weapons development, surveillance, and health and financial uses.