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Commentary: A meeting a day keeps the robots away
Predictions that white-collar work will soon be automated reveal an underappreciation of what other people’s jobs entail, says Sarah O’Connor for Financial Times.
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Tesla lines up $30 billion credit lines as capex, AI push accelerate
Sept 29 : Tesla has entered into credit agreements totaling $30 billion, including a $20 billion delayed draw-term loan facility, according to a regulatory filing on Tuesday.The company expects to direct much of its record spending this…
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Inside McDonald’s push to have AI price your Big Mac
NEW YORK, Sept 29 : McDonald’s is increasingly using artificial intelligence to guide menu prices across the U.S. and some global markets, a plan that aims to boost headquarters’ profit but risks alienating customers and attracting…
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Inside McDonald’s push to have AI price its menus
NEW YORK: McDonald’s is increasingly using artificial intelligence to guide menu prices across the United States and some global markets, a plan that aims to boost headquarters’ profit but risks alienating customers and attracting…
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Exclusive-Anthropic IPO prospectus lays bare deep dependence on Big Tech partners
Sept 29 : Anthropic's IPO prospectus shows how much it depends on a small group of customers and tech giants, highlighting key risks for the AI developer as it asks investors to back its ambitious, capital-intensive plan that it says will…
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Explainer-What is a public benefit corporation, the Anthropic legal structure?
WILMINGTON, Delaware, Sept 29 : AI lab Anthropic, the developer of Claude, is planning one of the biggest IPOs in history as a public benefit corporation, a legal structure that requires management to consider certain broader interests as…
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Trump, tech executives sign 'morally binding' AI document
WASHINGTON, Sept 29 : US President Donald Trump said he signed an artificial intelligence-related document on Tuesday with top tech executives in Washington.DETAILS AND QUOTES• "It's almost like a Constitution in a way, and the biggest…
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AI sector signed 'accord' on technology standards, US House speaker says
(Corrects to take out extraneous word from headline)WASHINGTON, Sept 29 : US House Speaker Mike Johnson said on Tuesday that AI executives signed an "accord" on AI standards at a meeting with US President Donald Trump, without detailing…
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Australian regulator to review banking sector AI use and customer impacts
SYDNEY, Sept 30 : Australia's corporate regulator said on Wednesday it would formally review the country's banking sector's usage of AI in dealing with customers.The Australian Securities and Investments Commission (ASIC) warned in May the…
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OpenAI targets $30 billion funding at $1.4 trillion valuation, Bloomberg News reports
Sept 29 : OpenAI aims to raise at least $30 billion in a funding round and is seeking a valuation of about $1.4 trillion, not including the money raised, Bloomberg News reported on Tuesday, citing people familiar with the matter.Here are…
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Exclusive-Tiger Global, Dragoneer in talks to invest in Kalshi's new $1 billion fundraise, sources say
NEW YORK, Sept 29 : Kalshi is in advanced discussions to raise about $1 billion in fresh funding from existing and new investors, including Tiger Global Management and Dragoneer Investment Group, according to people familiar with the…
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US appeals court upholds Thomson Reuters' landmark win in AI training lawsuit
Sept 29 : A US appeals court on Tuesday upheld a ruling for information services company Thomson Reuters in its copyright dispute with former legal-research rival Ross Intelligence over Ross' alleged misuse of copyrighted material to train…
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OpenAI takes on Meta with dots agent in enterprise AI push
SAN FRANCISCO, Sept 29 : OpenAI on Tuesday unveiled always-on agents called dots that chase user goals across apps on their own, deepening its push into the lucrative enterprise market and pitting it against Meta in the race to sell AI…
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OpenAI takes on Meta with always-on Dots agent in enterprise AI push
SAN FRANCISCO, Sept 29 : OpenAI on Tuesday unveiled always-on agents called dots that chase user goals across apps on their own, deepening its push into the lucrative enterprise market and pitting it against Meta in the race to sell AI…
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Senate Republican says Chinese vehicle bill will not ban Mercedes-Benz in US
WASHINGTON, Sept 29 : A sponsor of a bill toughen a U.S. government ban on Chinese vehicles said Tuesday talks are ongoing to ensure German automaker Mercedes-Benz is not banned from selling vehicles in the United States.The bill approved…
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Exclusive-Anthropic says rogue AI agents pose uncertain legal risk for the company
Sept 29 : Anthropic could face legal claims from customers and users over the actions of rogue artificial intelligence agents, though the legal framework is uncertain, the company said in the prospectus for its stock market debut seen by…
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European telcos may get more time to phase out high-risk suppliers under EU proposal
BRUSSELS, Sept 29 : Europe's mobile telecoms operators could get more time to phase out equipment from suppliers deemed high risk, according to a proposal by EU governments seen by Reuters, after the sector complained replacement could…
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Apple's Ternus eyes engineering-led overhaul, Bloomberg News reports
Sept 29 : Apple's new chief executive officer, John Ternus, is weighing a broad overhaul of the iPhone maker aimed at sharpening its engineering focus, introducing products more frequently and creating a leaner organization, Bloomberg News…
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Chip startup Efficient Computer raises $97 million at $650 million valuation
(Corrects headline and paragraphs 1 and 9 to reflect that Efficient Computer raised $97 million, not $100 million)By Stephen NellisSAN FRANCISCO, Sept 29 : Efficient Computer, a chip startup spun out of Carnegie Mellon University, on…
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OpenAI's annualized recurring revenue nears $70 billion, source says
Sept 29 : OpenAI's annualized recurring revenue is approaching $70 billion, driven by a more than twofold increase in enterprise sales since July, a source familiar with the matter told Reuters on Tuesday.The startup's annualized revenue…
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OpenAI's annual recurring revenue nears $70 billion, Axios reports
Sept 29 : OpenAI's annual recurring revenue is nearing $70 billion as enterprise sales more than doubled since July, Axios reported on Tuesday, citing sources familiar with the financials of the startup. The ChatGPT maker's annualized…
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Trump to host Anthropic's Amodei, Nvidia's Huang, other AI execs, as fears mount
Pressure is rising on the Trump administration to take action after OpenAI and Anthropic reported their AI agents had gone rogue and hacked into customers' systems without instructions to do so.
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Visa joins growing alarm over AI-powered risks
LONDON, Sept 29 : Visa has open-sourced part of its AI-powered cyber defence system after "humbling" lessons from vulnerabilities exposed by AI models, as the payments giant braces for autonomous cyberattacks and future quantum-computing…
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Netlist seeks US import ban on Micron chips used in Google, Nvidia AI computing
WASHINGTON, Sept 29 : Computer-memory company Netlist said on Tuesday that it has filed a new complaint at a U.S. trade tribunal seeking to block imports of Micron memory chips used in Google, Nvidia and Broadcom products for AI…
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