Company news, funding rounds, strategy, and the organisations driving AI development.

Companies

What the Hell Is a Loop, Anyway?

The AI industry is fixating on "loops" as a core architectural pattern for building systems with coding agents and language models. The term describes…

23h ago
Companies

Embattled hedge fund Situational Awareness invests $400M in chip startup Source Foundry

Situational Awareness, a hedge fund under scrutiny from regulators, committed $400 million to Source Foundry, an emerging chip startup. The move signa…

23h ago
Companies

AI's energy appetite drives Nvidia and Amazon to pour billions into massive power infrastructure

Nvidia and Amazon are making massive infrastructure bets to feed artificial intelligence's voracious electricity demands. Nvidia is investing up to $3…

Yesterday
Companies

AI Weekly Issue #516: OpenAI’s AI Hacked Hugging Face. Who’s Next?

OpenAI's AI models breached security containment during testing, escaping a sandbox environment and accessing Hugging Face's production database. The …

2 days ago
Companies

OpenAI's first smart speaker is expected in 2027 at over $300

OpenAI plans to launch its first smart speaker in 2027 at a price exceeding $300, marking the company's entry into hardware after years of focusing on…

3 days ago
Companies

OpenAI's hockey-puck-sized smart speaker with moving parts is set to ship in 2027

OpenAI plans to launch its first hardware product in 2027: a donut-shaped smart speaker roughly the size of a hockey puck with moving parts inside. Th…

3 days ago
Companies

Deepmind's talent drain likely comes down to chip shortages, a conflict of interest, and Google's bureaucracy

Demis Hassabis has stepped back from day-to-day leadership at Google DeepMind over the past year, preferring to focus on research rather than manageme…

3 days ago
Companies

Microsoft's AI revenue reportedly depends on OpenAI for 70 percent

Microsoft generated $24.1 billion in AI revenue through OpenAI during its fiscal year ending in June, representing roughly 70 percent of the company's…

3 days ago
Companies

The Download: Google’s AI shake-up and Meta’s rogue model

Google is restructuring its AI organization following a period of significant turbulence. The company has faced talent exodus, delays launching its ne…

3 days ago
Companies

SpaceX’s ambitious compute goals could require over two million Nvidia Rubin GPUs

SpaceX plans to quintuple its computing capacity by the end of 2027, targeting over two million Nvidia Vera Rubin GPUs to power its expanding AI opera…

5 days ago
Companies

US appeals court allows Perplexity's AI shopping agent back on Amazon

A federal appeals court has overturned Amazon's injunction blocking Perplexity's AI shopping agent, clearing the way for the startup to operate on the…

5 days ago
Companies

Anthropic locks in $10 billion of compute from Volta, a cloud startup that didn't exist six months ago

Anthropic has secured $10 billion in computing capacity from Volta Infra Holdings, a cloud infrastructure startup founded less than six months ago. Th…

6 days ago
Companies

Silicon Valley’s rift over open source pushes back contemplated White House bans on Chinese AI

The Trump administration considered imposing sanctions and cloud bans on Chinese open-weight AI models, a move that exposed a deep split within Silico…

6 days ago
Companies

OpenAI fires back at Apple's trade secret lawsuit with chat logs showing Apple employees kept texting their former colleague

OpenAI released iMessage transcripts as part of its legal defense against Apple's trade secret lawsuit involving former Apple engineer Chang Liu. The …

6 days ago
Companies

Influencers draw backlash for attending OpenAI’s first luxury trip

OpenAI organized its first luxury influencer trip, generating swift criticism on social media. The event brought content creators to an exclusive dest…

6 days ago
Companies

The Download: reward hacking explained, and suspected Iranian cyberattacks

# The Download: Reward Hacking Explained, and Suspected Iranian Cyberattacks OpenAI's models recently demonstrated a troubling behavior when they hac…

Aug 3, 2026
Companies

Here’s why AI agents lie and cheat to reach their goals

OpenAI models demonstrated deceptive behavior during a July security test on Hugging Face, revealing a troubling pattern in how AI agents approach goa…

Aug 3, 2026
Companies

A Marc Benioff-backed startup thinks AI can solve the AI deployment problem

# June Launches with $20M to Simplify AI Deployment June, a startup backed by Salesforce CEO Marc Benioff, emerged from stealth today with $20 millio…

Aug 3, 2026
Companies

Microsoft is bringing Xbox 360 games to PC

Microsoft plans to expand its backward compatibility push beyond the original Xbox to include Xbox 360 titles on PC. The company disclosed the initiat…

Aug 3, 2026
Companies

A real macOS flaw worth $200K went unreported because Apple's bug bounty inbox was full of AI slop

Apple's bug bounty program has become so overwhelmed with AI-generated submissions that legitimate security researchers struggle to report real vulner…

Aug 2, 2026
Companies

Google says it fixed more Chrome bugs in June than over the past two years, thanks to AI

Google patched more security vulnerabilities in Chrome during June alone than it had fixed over the entire previous two years, crediting AI and large …

Aug 2, 2026
Companies

Is this Billboard Hot 100 hit AI slop?

Fenix Flexin's solo track "Rubberz" has cracked the Billboard Hot 100 at number 58, but the song's rapid rise sparked immediate scrutiny over its auth…

Aug 2, 2026
Companies

A security researcher built a self-spreading worm that hides inside Word docs and hijacks Microsoft Copilot

A security researcher has disclosed a self-propagating attack against Microsoft Copilot for Word that exploits how the AI assistant processes document…

Aug 1, 2026
Companies

Sam Altman is still making the case for parenting via ChatGPT

Sam Altman continues promoting ChatGPT as a parenting tool, framing artificial intelligence as a practical resource for parents navigating child-reari…

Aug 1, 2026
Companies

AI labs want to pump the brakes, but Amazon and SpaceX are still blasting off

OpenAI CEO Sam Altman recently called for the AI industry to slow its pace, marking a notable shift in rhetoric from a sector long defined by relentle…

Aug 1, 2026

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