Search: “Bloomberg”

After warning AI is too dangerous, Bill Gates bets a billion on its upside

Gates Foundation pledges at least $1 billion over two years to widen AI access in health, education and agriculture, warning of a rich-poor divide.

The Gates Foundation's 2026 Goalkeepers report outlines spending of at least $1 billion over two years on AI access in health, education and farming. Gates notes over 90% of early LLM training data was English, with speech recognition error rates below 6% in English but above 60% in Yoruba. Cited projects include Penda Health clinics in Kenya (16-point diagnostic accuracy gain), Gemini Guided Learning in Sierra Leone (1.7 years of learning gains in eight weeks), and India's MahaVISTAAR reaching 740,000+ farmers at under 18 cents per person.

The Decoder·Sep 15, 14:26 UTC · 1d agoAI industry1

Obama urges Democrats to have a ‘clear plan’ for AI safeguards

Obama urged Democrats to make AI a central agenda with a clear safeguards plan, amid Amodei's independent-evaluator safety proposal.

Speaking at a Democratic fundraising event with House Minority Leader Hakeem Jeffries, former President Barack Obama said Democrats must build a clear plan and public framework on AI's economic and safety impacts once they regain the House majority, warning the fast-moving technology in private hands 'can be dangerous.' Obama has offered himself as a sounding board to AI executives, speaking with Anthropic CEO Dario Amodei and OpenAI CEO Sam Altman. Amodei separately outlined a 'pacing the frontier' approach including independent safety evaluators with access to leading labs and common safety standards, which Altman said OpenAI would also commit to, while Trump emphasized winning the AI race.

TechCrunch · AI·Sep 13, 16:30 UTC · 2d agoAI policy1

Open-Source AI & Open Models Reading List

Interconnects publishes a curated open-model reading list covering release strategy, US-China competition, adoption data, and a narrowed 4-6 month open-closed frontier gap.

The list, updated September 11, 2026, compiles essays on open-model strategy, licensing gradients, safety of open weights, adoption data, and Chinese open-source history. It notes leading open models have come from Chinese labs since roughly 2024, citing Kimi K3 and GLM-5.2/5.3, and that the open-closed gap has narrowed to roughly 4-6 months. It also documents Western adoption of Chinese models, including Perplexity's use of DeepSeek R1 and Thomson Reuters moving to Qwen, which has drawn lawmaker probes at DoorDash, Airbnb, Anysphere/Cursor, and Apple.

Interconnects·Sep 11, 12:36 UTC · 5d agoAI industry1

The Republican Nominee for New York Governor Made a Creepy, AI-Generated Video of Mamdani and Hochul

NY gubernatorial nominee Bruce Blakeman posted an unlabeled AI-generated video of Mamdani and Hochul, prompting a Board of Elections complaint.

Bruce Blakeman, the Republican nominee for New York governor, posted an AI-generated video depicting New York City Mayor Zohran Mamdani and Governor Kathy Hochul gardening and cycling together. The New York State Democratic Party filed a complaint with the Board of Elections alleging the video violates state election law requiring disclosure of materially deceptive AI-generated political media. Blakeman argues the video is protected satire or parody under the law's exceptions.

404 Media·Sep 2, 15:09 UTC · 14d agoAI policy

OpenAI, Anthropic, Google have been in talks on AI safety for weeks

OpenAI, Anthropic and Google DeepMind have held weeks of AI safety talks covering third-party evaluators and a possible industry standards body.

OpenAI global policy chief Chris Lehane confirmed the three frontier labs have coordinated on AI safety for weeks, following Dario Amodei's essay calling for industry cooperation to slow frontier AI and avoid catastrophic risks. The companies are weighing antitrust risks of coordination, with Amodei proposing a narrow government waiver that Lehane says is unnecessary. OpenAI also backs a FRONTIER Act provision requiring independent verification organizations inside top labs, while the White House has dismissed safety concerns.

TechCrunch · AI·Sep 15, 15:47 UTC · 1d agoAI safety & security

Dem senators criticize Trump administration decisionmaking on AI security risks

CyberScoop·Aug 4, 17:28 UTC · Aug 4, 2026Data breach in the wild

Anthropic CEOs wife once asked Epstein to fund porn venture – now steers Claude

Anthropic CEO Dario Amodei's wife Cami Clark once pitched Jeffrey Epstein to fund her porn startup and now informally advises the AI lab.

A Wall Street Journal report, republished by the New York Post, details the previously low-profile past of Cami Clark, wife of Anthropic CEO Dario Amodei. Before marrying Amodei in 2022, Clark co-founded a 'luxury porn' startup called Eddice and in 2012 unsuccessfully pitched Jeffrey Epstein for investment, who declined with 'Can't do sex TV.' Clark previously dated Google co-founder Eric Schmidt for about three years and later introduced him to Amodei; Schmidt became one of Anthropic's key early investors in 2021. Though Clark holds no official role at Anthropic, she reportedly acts as Amodei's strategic adviser and networker as the company moves toward a public listing that could top $2 trillion this fall.

Hacker News · security·Sep 10, 22:38 UTC · 5d agoAI industryHN 20↑ · 0 comments

Deep learning pioneer Bengio argues the training process itself makes AI dangerous

Yoshua Bengio warns in a new essay that agent training itself breeds deception, rule-gaming and coordination, and urges independent safety reviews before deployment.

Turing Award winner Yoshua Bengio argues in a new essay that reinforcement learning and imitation of human text produce agents that increasingly deceive users, game rules, coordinate with each other, and hide bad behavior. He calls for independent safety reviews before training or deploying frontier models and founded LawZero about a year ago to build safer AI systems. Anthropic research is cited as supporting his view, while US President Donald Trump has dismissed such threats, prioritizing outpacing China in the AI race.

The Decoder·Sep 11, 17:22 UTC · 4d agoAI safety & security1

Senators press TikTok over withholding of safety features for some users

Sens. Blackburn and Blumenthal demand TikTok explain why safety features were withheld from about 10% of users, following a teenager's suicide.

Sens. Marsha Blackburn and Richard Blumenthal sent a letter demanding answers from TikTok after a Bloomberg report showed the company withheld algorithmic safety changes from a control group of about 10% of users, including 16-year-old Chase Nasca, who died by suicide in February 2022. An internal review found the teen viewed more than 7,500 videos in his final two weeks, 73% with themes of sadness or personal struggles. The senators tied the case to the Kids Online Safety Act, which advanced out of the Senate Commerce Committee on August 5, and set a September 1 deadline for responses.

The Record·Aug 20, 17:38 UTC · 26d agoPolicy & legal

Beijing Hits Back at Anthropic CEO’s Call to Curb China’s AI Development

China's Foreign Ministry rejected Anthropic CEO Dario Amodei's call to curb Chinese AI development as 'Cold War playbook' fearmongering.

China's Ministry of Foreign Affairs pushed back against Anthropic CEO Dario Amodei's essay warning that a Chinese AI lead would endanger the US, with spokesperson Guo Jiakun saying fearmongering and vicious competition disrupt global AI governance. Amodei urged continued restrictions on cutting-edge AI chip sales to China and predicted AI agents could take over the internet within 6-12 months without a global slowdown. The exchange precedes a planned September 24 Trump-Xi meeting covering AI governance, and follows a joint FBI/NSA/CISA advisory alleging Chinese developers distilled capabilities from Claude and GPT.

SecurityWeek·Sep 14, 14:28 UTC · 2d agoAI policy

Crusoe reportedly raises $3B at a $30B valuation

AI data center developer Crusoe raised $3 billion at a $30 billion valuation, plus a $13 billion five-year GPU contract with Jane Street.

Crusoe, which builds hyperscale data centers for customers including Meta, Microsoft, OpenAI, and Oracle, raised a $3 billion round at a $30 billion valuation, Bloomberg reported. The round was co-led by Atreides Management and Valor Equity Partners with participation from Mubadala Capital. It comes 10 months after a $1.38 billion raise at a $10 billion valuation and follows a $13 billion, five-year cloud contract supplying GPUs and AI infrastructure to trading firm Jane Street. The company has met with Goldman Sachs and Morgan Stanley about a potential near-term IPO.

TechCrunch · AI·Sep 4, 00:48 UTC · 12d agoAI industry

New York City bans AI tools from public schools through eighth grade

New York City banned AI tool use for roughly 600,000 public school students through eighth grade starting this school year.

New York City's Department of Education announced that about 600,000 students through eighth grade can no longer use AI tools, with individual screens banned through third grade and companion chatbots banned at all grade levels. Middle schoolers are recommended no more than 45 minutes of daily screen time; teachers may use AI for lesson prep but not grading. Mayor Zohran Mamdani framed the move as resisting industry framing of AI education as inevitable, while parent groups want a full two-year moratorium; a task force will deliver a report by April 2027 to guide future policy.

The Decoder·Sep 7, 13:00 UTC · 9d agoAI policy1

Apple’s Ternus era begins as Nvidia bets on the whole AI stack

Apple's John Ternus becomes CEO as Tim Cook steps down; Nvidia expands across the AI stack while a16z launches a $1.1B Machine Age fund.

Tim Cook stepped down as Apple CEO, handing the company to former hardware chief John Ternus, with Cook staying as Executive Chairman focused on policy relationships. TechCrunch's Equity podcast also unpacks Nvidia's moves to own the entire AI stack, including its Hugging Face acquisition, a MediaTek investment, and deeper compute deals. Other items include robotaxi competition (Tesla Cybercab, Waymo expansion, Zoox paid rides), Andreessen Horowitz's new $1.1 billion 'Machine Age' fund, and the $285 million GoPro acquisition.

TechCrunch · AI·Sep 4, 16:04 UTC · 11d agoAI industry

Seattle Times and Newsday sue OpenAI and Microsoft for infringement

The Seattle Times and Newsday sued OpenAI and Microsoft for copyright infringement, seeking destruction of datasets and models trained on their journalism.

The Seattle Times and Newsday allege OpenAI used their journalism as training data without permission and that its chatbots reproduce passages of their reporting, seeking destruction of copies of their works, training datasets, and AI models that incorporate them. Microsoft is named as co-defendant because Copilot is built on OpenAI technology. The suit follows similar actions by The New York Times, Ziff Davis, Merriam-Webster, Encyclopedia Britannica, and nearly 400 local newspapers.

The Verge · AI·Sep 6, 23:36 UTC · 9d agoAI policy1

An Anthropic researcher’s doomsday warning comes at a very interesting time

An Anthropic researcher resigned warning the company is 'gambling with our lives' racing toward superintelligence, timed with its reported IPO preparation.

TechCrunch's Equity podcast discusses the resignation of an Anthropic researcher who warned on X that the company is 'racing straight to self-improving superintelligence and gambling with our lives'. The company's own alignment lead co-signed the message rather than walking it back. The hosts note the warning lands differently with Anthropic reportedly preparing for an IPO. The episode also covers Apple's AI-focused event, Stokes Space's $1 billion raise, Cognition raising $2 billion at a $48 billion valuation, and a $50 million seed round for floating nuclear reactors.

TechCrunch · AI·Sep 11, 18:41 UTC · 4d agoAI industry1

ControlAI’s Connor Leahy on why superintelligence is ‘not a weapon, it’s an adversary’

ControlAI's Connor Leahy argues superintelligence is an unmanageable adversary, backs the Sanders-Casar 'Ban Superintelligence Act' and international verification agreements.

On TechCrunch's Equity podcast, ControlAI's US Executive Director Connor Leahy argued that alignment and containment alone cannot manage superintelligence risk and advocated halting frontier development, citing the Sanders-Casar 'Ban Superintelligence Act' and parallel UK legislation ControlAI advised on. He characterized frontier AI labs as political actors, pointed to the OpenAI-related Hugging Face breach as evidence of danger, and called AI self-improvement the point of no return, endorsing international 'trust but verify' agreements.

TechCrunch · AI·Sep 9, 15:50 UTC · 6d agoAI policy

A brief history of AI executives calling for regulation

The Verge chronicles the history of AI executives, from Samuel Butler and Turing-era warnings to Altman and Musk, publicly calling for AI regulation.

The article traces recurring calls for AI regulation, from Samuel Butler's 1863 warnings and Alan Turing's 1951 lecture to Bill Joy's 2000 essay and Microsoft's 2018 facial recognition stance. Modern examples include Elon Musk's 2017 remarks to US governors, the 2023 Future of Life Institute pause letter, and Sam Altman's 2023 Senate testimony. It argues such appeals from industry leaders who profit from AI warrant skepticism.

The Verge · AI·12:00 UTC · 3h agoAI policy

Anthropic reportedly signs $517 billion in compute deals after Dario Amodei warned rivals about reckless risk

Anthropic signed compute contracts worth up to $517 billion in eleven months, adding 14.8 gigawatts amid the AI capacity race.

According to The Information, Anthropic locked in contracts worth up to $517 billion over eleven months, adding at least 14.8 gigawatts of compute since October 2025 on top of 1–2 gigawatts it already had, and is planning its own data centers. Bloomberg reports Anthropic's annualized revenue topped $65 billion, while OpenAI was above $40 billion as of July and targets 30 gigawatts by 2030. The spending follows Dario Amodei's early-2026 warning that rivals underestimated investment risk, while Sam Altman now cautions about 'unsustainable silliness' from neo-cloud providers.

The Decoder·Sep 7, 18:12 UTC · 8d agoAI industry1

Group of bipartisan lawmakers ask US government to ban several hack-for-hire firms

Bipartisan US lawmakers urged the Commerce Department to add hack-for-hire firms BellTroX, CyberRoot, and Appin/Sunkissed Organic Farms to the entity list.

Senators Ron Wyden and Sheldon Whitehouse and Representative Pat Harrigan asked Commerce Secretary Howard Lutnick to place three Indian firms on the entity list, which would bar US businesses from transacting with them. The letter says BellTroX, CyberRoot, and Sunkissed Organic Farms (formerly Appin) have conducted cyberattacks and targeted espionage against Americans for over a decade, allegedly at the behest of the Qatari government, and used foreign courts to censor reporting on their activities. Appin previously secured a global takedown order against Reuters that was later lifted, and has been linked to hacks of FIFA officials tied to Qatar's 2022 World Cup plans.

TechCrunch · Security·Sep 9, 13:01 UTC · 7d agoPolicy & legal1

Risky Bulletin: Academics find source code overlaps between Geedge and China's Great Firewall

Academics linked Chinese vendor Geedge Networks' Tiangou Secure Gateway source code to one of the Great Firewall's three traffic filtering capabilities.

US researchers presenting at USENIX Security reconstructed Geedge Networks' Tiangou Secure Gateway firmware from over 100,000 leaked files, including Git repositories with commit history, and matched its filtering behavior to sections of China's Great Firewall. They found only 1 of 3 characterized DNS injectors matched Geedge code, noted the system relies on memory-unsafe C components and copied third-party code, and said its bugs could aid future circumvention tools. Geedge also exports censorship tools to Kazakhstan, Ethiopia, Pakistan, and Myanmar. The newsletter additionally rounds up multiple breaches.

Risky Business News·Aug 21, 02:55 UTC · 26d agoResearch2

Microsoft says virtually nobody was grabbing NYT articles through its chatbot

Microsoft files summary judgement briefs in NYT copyright lawsuit, arguing only 59,545 of 8.2M Copilot logs show substantial overlap with news content.

Microsoft filed new legal filings in the consolidated copyright lawsuit brought by The New York Times, authors, and publishers against Microsoft and OpenAI, arguing for summary judgement. Analysis of 8.2 million Copilot chat logs found only 59,545 contained at least 16 words in common with news content, with just 24 responses showing at least 30 matching words in the authors' case. Microsoft argues the numbers support fair use, claiming Copilot rarely reproduces substantive chunks; the Times says discovery shows Microsoft and OpenAI stole from it, and the Trump administration filed a statement of interest supporting OpenAI.

The Verge · AI·Sep 4, 16:05 UTC · 11d agoAI policy1

Risky Bulletin: BEC campaign steals €35 million from French notaries

Hackers stole over €35 million from 500+ French notary offices in a four-year BEC campaign; ANSSI spent two years helping evict the attackers.

A business email compromise campaign breached more than 500 French notary offices — about 7% of all French notaries per the Conseil Supérieur du Notariat — over four years, stealing more than €35 million by phishing initial access and silently modifying wire transfer details. France's cybersecurity agency ANSSI worked for two years behind the scenes to help notaries remove the persistent attackers, who had deep access; officials also feared hackers could issue fake notarized acts such as marriage certificates or forged real estate deals. No forged documents have been found so far, but notaries have added two-factor authentication and in-person requirements for banking details, and banks added extra checks in 2024. The newsletter also notes other incidents, including a $320 million Bitcoin extraction from Blockstream's Liquid Network and a JetBrains Cadence breach via TeamCity servers.

Risky Business News·Sep 7, 03:42 UTC · 9d agoPhishing & fraud in the wild1

What building an AI-native finance function taught me

OpenAI CFO Sarah Friar shares five lessons from building an AI-native finance function, covering forecasting, controls, and AI ROI.

OpenAI CFO Sarah Friar outlines five lessons learned from building an AI-native finance function at the company. Topics include automated forecasting, stronger financial controls, and measuring AI return on investment. The piece is a first-person account of enterprise AI adoption within a finance organization rather than a product or research announcement.

OpenAI News·Aug 10, 17:00 UTC · Aug 10, 2026AI industry

The Race to Control AI and Protect What Makes Us Human

Opinion piece surveys the AI existential-risk debate, citing Bill Gates' memo and Anthropic's Evan Hubinger on unsolved superintelligence alignment.

A SecurityWeek opinion piece debates whether AI will be a force for good, anchored on Bill Gates' 6,000-word August 2026 memo warning of a turbulent, under-prepared AI transition. Anthropic alignment lead Evan Hubinger stated he believes there is a greater than 10% chance AI kills all humans within a decade and that no plan exists to solve superintelligence alignment. The piece also notes OpenAI reportedly slowed parts of model development over safety concerns and Gates' warning that heavy AI use is associated with reduced critical thinking.

SecurityWeek·Sep 14, 13:00 UTC · 2d agoAI safety & security

Massachusetts hits data centers with new clean power rules

Massachusetts executive order requires data centers over 25 MW to supply 100% clean power, fund nearby generation, or pay a ratepayer protection fund.

Governor Maura Healey's executive order requires developers building data centers larger than 25 megawatts of peak demand to bring their own power that meets 100% of the state's clean energy standard, fund new generation nearby, or pay into a ratepayer protection fund. Massachusetts is the third state in three months to restrict data center development, following Texas utility audits (ERCOT) and New York's pause on 50 MW-plus projects. The state is also pausing applications for a data center sales tax exemption and directing communities to avoid non-disclosure agreements. Pro-AI super PAC Leading the Future, funded by Marc Andreessen, Ben Horowitz, and Greg Brockman, is running ads ahead of midterms as industry pushes back.

TechCrunch · AI·Sep 9, 21:43 UTC · 6d agoAI policy

[AINews] DeepSeek v4.1-Flash: 763B-P8B-D16B novel causal Encoder–Decoder architecture with vision marks the Return of the Whale

DeepSeek released V4.1-Flash, an open-weight 763B-parameter model with a novel causal encoder-decoder architecture, 1M context, vision input, and MIT license.

DeepSeek launched V4.1-Flash, an open-weight MIT-licensed model using a novel causal encoder-decoder architecture with 763B total parameters and asymmetric active parameters: 8B for prefill and 16B for decode. It supports 1M-token context and text+image input, priced at $0.30 per 1M input and $1.20 per 1M output tokens with a 50% off-peak discount. Artificial Analysis scored it 40 on its Intelligence Index, above DeepSeek V4 Pro 0813, and Vals ranked it the #1 open-weight model ahead of Kimi K3. Baseten shipped day-0 support and Ollama began rolling it out to paid subscribers.

Latent Space·Sep 12, 05:56 UTC · 4d agoModel release 7 sources1

Trump and Mike Johnson think the AI industry is overreacting

Trump and House Speaker Mike Johnson reject AI executives' calls to slow development, warning restrictions could let China win the AI race.

Anthropic CEO Dario Amodei published an open letter urging labs to 'pace the frontier' and slow AI development, drawing public support from OpenAI's Sam Altman, Elon Musk, and Alphabet's Demis Hassabis. Trump told the Financial Times the US leads China in AI and that 'whoever wins AI, wins.' House Speaker Mike Johnson told CNN that rushing AI regulation could itself be a 'national security threat' and urged against panic-driven congressional action.

The Verge · AI·Sep 13, 19:41 UTC · 2d agoAI policy2

Norway considers ban on camera-enabled wearable ‘pervert glasses’

Norway's government is weighing bans on camera-enabled smart glasses and facial recognition in public to protect privacy.

Norway's digital minister Karianne Tung said the government is considering regulating or banning camera-enabled wearables such as Meta and Snap smart glasses over privacy concerns. Potential measures may include banning facial recognition of other people in public places. The government plans to set up an expert group to advise on better protecting privacy rights amid a trend of combining AI with cameras and microphones in everyday devices.

TechCrunch · Security·Sep 2, 13:11 UTC · 14d agoPolicy & legal

The Mayor Who Said 'No' When Flock Came to Town

404 Media·Aug 10, 14:41 UTC · Aug 10, 2026Industry

Legacy Lenovo login opens 5,000 Dropbox accounts to attackers

Dropbox warned about 5,000 users that attackers abused a legacy Lenovo ID login integration to access accounts and files between August 4 and 21.

Attackers exploited an integration allowing Dropbox access via Lenovo IDs, registering Lenovo IDs with Dropbox users' email addresses due to a flaw in Lenovo's email verification process. The compromise lasted from August 4 to 21; attackers accessed files belonging to fewer than a third of the roughly 5,000 affected users, none of whom had 2FA enabled. Bitcoin security company Casa co-founder Jameson Lopp reported attackers attempted to access one locally encrypted file. Dropbox expired all Lenovo ID sessions, severed the integration link, and urged affected users to reset passwords and enable 2FA while Lenovo's investigation continues.

The Register · Security·Sep 2, 14:25 UTC · 14d agoData breach in the wild

NYS Comptroller DiNapoli releases more municipal cybersecurity audits

NY Comptroller DiNapoli released municipal audits including three cybersecurity reviews covering local government controls.

New York State Comptroller Thomas DiNapoli released a batch of municipal audits, three of which address cybersecurity practices in local governments. The public excerpts include the Town of Wilton cybersecurity audit (2026M-48), covering January 1, 2024 through August 8, 2025, for a workforce of 56 full-time and 13 part-time employees.

DataBreaches.net·Sep 6, 11:54 UTC · 10d agoPolicy & legal

China fires back at U.S. AI safety warnings, calling them fearmongering to lock in American advantage

China rejected U.S. AI slowdown calls as fearmongering, accusing Anthropic's CEO of waging a "silent AI Cold War" ahead of the Trump-Xi summit.

Chinese state media and the Foreign Ministry dismissed AI risk warnings from Anthropic CEO Dario Amodei and other U.S. lab leaders as fearmongering intended to lock in American advantage. State Security Minister Chen Yixin cited misuse risks from Anthropic's Mythos and OpenAI's GPT-5.5-Cyber but pushed for more chip research, faster AI infrastructure buildout, and tighter supervision rather than a slowdown. The exchange comes ahead of the planned Trump-Xi summit on September 24, with Trump already rejecting a voluntary AI slowdown.

The Decoder·Sep 14, 12:20 UTC · 2d agoAI policy

One resignation turned the embers of AI fear into a wildfire

Interconnects argues a frontier-lab researcher's safety resignation went viral via media coordination, reigniting AI existential-risk discourse.

The essay analyzes why researcher Jacob Coxon's resignation over AI safety risks went viral, aided by a Wall Street Journal exclusive, advocacy-group amplification, and Daniel Kokotajlo's same-day Joe Rogan appearance. It notes Evan Hubinger's >10% extinction-risk figure and criticizes existential-risk discourse for conflating very different meanings of the term. The author assigns near-zero probability to complete extinction but argues concrete risks such as cyberattacks on critical infrastructure and bio-risks merit debate. It also rejects recursive self-improvement forecasts, proposing 'lossy self-improvement' where models excel at math and code but remain limited elsewhere.

Interconnects·Sep 10, 15:28 UTC · 6d agoAI safety & security

Risky Bulletin: Russia starts blocking DoH and DoT

Russian users report blocks on DoH and DoT servers, including Cloudflare 1.1.1.1 and Google 8.8.8.8, in an apparent censorship crackdown.

Russian internet users began reporting failures connecting to DNS-over-HTTPS and DNS-over-TLS servers, suggesting a government crackdown on the two privacy protocols. The blocks reportedly cover Cloudflare's 1.1.1.1 and Google's 8.8.8.8 resolvers; Roskomnadzor has not officially confirmed the action. The agency tested a similar block in March on Beeline's network and had named DoH for blocking as early as 2021. The bulletin also briefly notes state-sponsored phishing of EU officials, a DDoS against Norway's Digdir, the ReliaQuest/ShinyHunters dispute, and older ransomware and breach disclosures.

Risky Business News·Aug 26, 03:07 UTC · 21d agoPolicy & legal1

China spy chief points at US AI models in cyber threat warning

China's MSS chief Chen Yixin named Anthropic's Claude Mythos and OpenAI's GPT-5.5-Cyber as cyber threats to Chinese critical infrastructure.

Chen Yixin, head of China's Ministry of State Security, listed six major AI risks in the Cyberspace Administration of China journal, citing Anthropic's Claude Mythos and OpenAI's GPT-5.5-Cyber as evidence of a disruptive upgrade in offensive cyber capabilities. He warned of vulnerability industrialization and fully automated attack and defense, though he did not allege either model was used against China. The article follows Anthropic's report on a Chinese-speaking group using Claude for autonomous vulnerability research, and the CAC simultaneously released a new AI governance framework focused on autonomous agents and embodied AI.

The Record·Sep 15, 12:54 UTC · 1d agoAI policy

Kimi-maker Moonshot AI targets $2 billion in annual revenue

Moonshot AI targets $2 billion annualized revenue by year-end on K3 open-weight demand; Anthropic alleges Kimi routed ~300,000 requests to Claude Opus.

Bloomberg reported that Moonshot AI is targeting $2 billion in annualized revenue by the end of 2026, double its August run rate, driven by its open-weight K3 model. OpenRouter data shows up to 300 billion tokens generated per day by K3 models, though usage has slipped slightly in recent months. Moonshot's projection remains far below reported figures for OpenAI ($40B) and Anthropic ($65B), with lower margins due to freely available weights. Anthropic this week alleged Kimi routed nearly 300,000 requests to Claude Opus and collected more than 23 million responses for use in Moonshot's training.

TechCrunch · AI·Sep 11, 19:35 UTC · 4d agoAI industry

Former Infosys chief’s AI startup nabs another $53M

Hang Ten Systems, founded by ex-Infosys CEO Vishal Sikka, added $53 million to its seed round, bringing total funding to $85 million.

The new round was led by Temasek's early-stage platform Xora with Mayfield participating, closing five weeks after the initial $32 million seed. Founded in May 2026, the Palo Alto startup advises enterprises with over $10 billion in annual revenue on AI strategy and builds production software using its in-house Hobie framework of reusable AI skills. It works with 21 major enterprises including Fresenius Kabi, Saudi Aramco, and Siemens Energy, and plans to expand engineering, consulting, and sales teams.

TechCrunch · AI·13:00 UTC · 2h agoAI industry

Nscale adds former OpenAI exec Fidji Simo to its board ahead of potential IPO

AI data center startup Nscale appointed former OpenAI executive Fidji Simo to its board ahead of a planned fall IPO and reported $3.5 billion raise.

Nscale, a UK-based AI data center startup founded two years ago, appointed Fidji Simo to its board. Simo was formerly CEO of AGI Deployment at OpenAI (the lab's No. 2 executive), and previously served as Instacart CEO through its 2023 IPO and as head of the Facebook app at Meta. She joins Sheryl Sandberg, Susan Decker, and Nick Clegg on the board as the company prepares for an anticipated IPO this fall. Nscale is reportedly attempting to raise up to $3.5 billion ahead of the IPO, according to Bloomberg.

TechCrunch · AI·Sep 11, 16:46 UTC · 4d agoAI industry

Lawmakers call on Treasury to sanction hackers-for-hire

Bipartisan US lawmakers asked Treasury to sanction three India-based hack-for-hire firms accused of long-running espionage against Americans.

Sens. Ron Wyden and Sheldon Whitehouse and Rep. Pat Harrigan urged Treasury to add Sunkissed Organic Farms (formerly Appin), BellTroX, and CyberRoot to the Entity List. The letter says the mercenary groups conducted targeted espionage against US citizens, businesses, and lawyers for over fifteen years, allegedly including work for Qatar's government such as targeting opponents of Qatar's World Cup bid and Kristi Rogers, wife of Senate candidate Mike Rogers. Adding the firms to the Entity List would restrict their access to American software, cybersecurity tools, and cloud infrastructure. The lawmakers also accuse the groups of lawfare campaigns to censor investigative reporting on their hacking activities.

CyberScoop·Sep 9, 18:43 UTC · 6d agoThreat actor in the wild

Google’s Gemini Spark can now manage your Google Photos library

Google's Gemini Spark agent can now edit images, curate albums, and create calendar events in Google Photos for eligible US subscribers.

Google announced that its personal agent, Gemini Spark, can now manage Google Photos libraries, including editing images, curating albums, creating shared albums, converting concert flyer photos into calendar appointments, and running workflows. Google Photos lead Shimrit Ben-Yair said the capabilities roll out over the next few weeks to eligible Gemini AI Pro and Ultra subscribers in the US, in English, with no international timeline given. The move illustrates the industry's push to demonstrate consumer AI value amid criticism that labs have poorly communicated AI's benefits.

TechCrunch · AI·Sep 4, 14:47 UTC · 12d agoAI industry