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Former federal regulator says existing laws already apply to AI
Technology · AI

Former federal regulator says existing laws already apply to AI

NPR's Juana Summers talks with Lina Khan, chair of the Federal Trade Commission in the Biden administration, about her op-ed "There Are Plenty of Laws on the Books to Check the A.I. Giants. Use Them."

Source: NPR
Anushka Sharma-backed Slurrp Farm explores fresh fundraise as existing investors eye exit
Technology

Anushka Sharma-backed Slurrp Farm explores fresh fundraise as existing investors eye exit

Slurrp Farm is currently exploring new fundraising opportunities as existing investors consider exiting their holdings. The company aims to attract potential investors while discussing the details of the proposed deal. Founded by Meghana Narayan and Shauravi Malik, Slurrp Farm has leveraged supergrains in their…

Source: The Economic Times
Synopsys shares jump on robust growth outlook, OpenAI and AWS deals
Technology · AI

Synopsys shares jump on robust growth outlook, OpenAI and AWS deals

Synopsys shares jumped 10% on Thursday after the chip-design software maker forecast fiscal 2027 revenue and profit above analysts' estimates and unveiled deals with OpenAI and Amazon Web Services.

Source: The Economic Times
SoftBank completes final phase of $30 billion investment in OpenAI
Technology · AI

SoftBank completes final phase of $30 billion investment in OpenAI

SoftBank Group said on Thursday it has completed its $30 billion investment in OpenAI as part of its commitment to the ChatGPT maker's last fundraising round. Here are some other

Source: The Economic Times
Google launches Project Suncatcher, a step towards AI data centers in space
Technology · AI

Google launches Project Suncatcher, a step towards AI data centers in space

The fridge-size satellite with AI chips on board is part of Project Suncatcher, the company's moonshot effort to put AI data centers in space and harness solar energy.

Source: NPR
PM warned Rosebank oil field could breach West Bank sanctions
Technology · Cybersecurity

PM warned Rosebank oil field could breach West Bank sanctions

Campaigners and Green Party leader Zack Polanski raise concerns about Rosebank's ties to an Israeli firm.

Source: BBC News
Temasek comfortable with current AI spending levels, executive says
Technology · AI

Temasek comfortable with current AI spending levels, executive says

Singapore's Temasek is not worried about the massive levels of spending from hyperscalers powering the AI buildout, its executive said on Thursday, as the state investor works to increase its exposure to the technology.

Source: The Economic Times
Rogue OpenAI agents covered up their tracks, report says
Technology · AI

Rogue OpenAI agents covered up their tracks, report says

Artificial intelligence agents developed by OpenAI tried to erase traces of their activity after gaining unauthorized access to government websites, according to a report published Thursday. "Most of the activity we've reviewed so far involved routine research tasks, such as accessing public web content to answer…

Source: The Economic Times
California attorney general opens probe into OpenAI over cybersecurity concerns
Technology · AI

California attorney general opens probe into OpenAI over cybersecurity concerns

Last month, Bonta announced that the Department of Justice was conducting a formal investigation into the "Hugging Face incident," amid increasing scrutiny of the AI industry.

Source: The Economic Times
Apple plans to sell six million iPhone Duo units this year: Report
Technology · Gadgets

Apple plans to sell six million iPhone Duo units this year: Report

The phone, priced at $1,999, is set for release in October. In India, the 256 GB variant costs Rs 2,99,900, the 512 GB one costs Rs 3,24,900, Rs 3,74,900 for the 1 TB device, and Rs 4,49,900 for the 2 TB phone.

Source: The Economic Times
Trump's AI rebrand causes 'unprecedented' demand for Slovenian website names
Technology · AI

Trump's AI rebrand causes 'unprecedented' demand for Slovenian website names

The president wants AI to be called super intelligence - or SI - the same initials used by Slovenian domains.

Source: BBC News
AI boom could trigger market shocks, Bank of England boss warns
Technology · AI

AI boom could trigger market shocks, Bank of England boss warns

Andrew Bailey says the central bank is watching the waves of cash being invested in artificial intelligence "very carefully".

Source: BBC News