SoftBank Launches $11 Billion Bond Sale to Fund OpenAI Investment
SoftBank Group has launched a $10 billion US dollar-denominated and €1 billion euro-denominated senior unsecured bond offering to finance its investment in OpenAI, according to a term sheet released on Monday. The dollar notes...
Meta’s Alberta Data Centre Boosts Province’s Appeal to Global Tech Giants
Meta’s planned C$13 billion ($9 billion) data centre in Alberta is strengthening the Canadian province’s appeal to major technology companies, Capital Power CEO Avik Dey said. The investment signals confidence in Alberta’s artificial intelligence...
European AI Firms Push Back Against Calls to Slow Development
European artificial intelligence firms are pushing back against calls from leading U.S. AI companies to slow the development of increasingly powerful models, arguing that such measures could reinforce the dominance of established players. France-based...
Delos Data Raises $100 Million to Accelerate AI Data Center Networking
Delos Data, a startup founded by former Intel Corp veterans, has raised $100 million to develop chips and software designed to move data faster within increasingly complex artificial intelligence data centers. The company aims...
Former Google DeepMind Researcher Warns AI Could “Kill All Humans”
A former Google DeepMind researcher has warned that artificial intelligence could potentially “kill all humans,” saying the world may be running out of time to prevent such an outcome. Bilal Chughtai, who worked as...
AI Warnings Trigger Nasdaq Selloff as Tech Stocks Slide
U.S. stock futures fell sharply on Monday, led by the Nasdaq 100, as major technology and semiconductor stocks came under pressure following calls from leading AI executives to slow the development of increasingly powerful...
Lawyer Fined After ChatGPT-Generated Fake Testimony Appears in Murder Appeal
The New Mexico Supreme Court has fined and held in contempt defense lawyer Stephen Aarons after finding that a court filing in a murder appeal contained fabricated police testimony and entirely fictional witnesses generated...
US Lawmakers Push for New AI Rules Amid Extinction Warnings
Growing concerns over the potential dangers of artificial intelligence are prompting more U.S. lawmakers to call for tighter regulations. The alarm intensified after Anthropic researchers Jacob Coxon and Evan Hubinger warned that rapidly advancing...
Senate Probes OpenAI Over Hugging Face AI Breach
A Republican-led U.S. Senate subcommittee has launched an inquiry into OpenAI’s response to a July cybersecurity incident involving Hugging Face, amid growing concerns over AI agents circumventing safety controls. Missouri Senator Josh Hawley, who...
DeepSeek Taps CITIC Securities for Potential Shanghai IPO
Chinese artificial intelligence startup DeepSeek has tapped CITIC Securities to prepare for a potential initial public offering on Shanghai’s tech-focused STAR Market, according to two people familiar with the matter. The Hangzhou-based company aims...