Judge Approves Anthropic’s $1.5 Billion AI Copyright Settlement
A U.S. federal judge in San Francisco has granted final approval to Anthropic’s landmark $1.5 billion settlement in a class-action copyright lawsuit brought by a group of authors who accused the artificial intelligence company...
Portugal Joins Global HealthAI Network Ahead of EU AI Rules
Portugal has become the first European Union member state to join HealthAI’s Global Regulatory Network (GRN), marking a significant step in strengthening international oversight of artificial intelligence in healthcare. The agreement between Portugal’s healthcare...
Flex Raises $70 Million, Hits $1.2 Billion Valuation
AI-powered fintech startup Flex has raised $70 million in a funding round led by Halo Fund, the venture firm co-founded by Utah Jazz owner Ryan Smith and Accel partner Ryan Sweeney. According to a...
Reflection Signs $1 Billion AI Compute Deal With Nebius
AI startup Reflection has signed a computing infrastructure agreement worth more than $1 billion with Nebius, securing access to Nvidia’s latest AI chips as demand for computing power continues to surge. The deal expands...
James Mathew: The Quiet Force Behind Bold Businesses
Vision. Integrity. Possibility. These three principles have shaped James Mathew’s distinguished career for more than three decades. As a respected financial leader, entrepreneur, and trusted advisor, he continues to redefine the role of modern...
Honeywell Expands ITAR-Free Defense Technology for Europe
Honeywell Aerospace is expanding its portfolio of ITAR-free defense technologies to meet growing demand from European nations seeking to reduce reliance on U.S. export-controlled components. The company is expected to unveil a new ITAR-free...
Meta to Begin AI Chip Production in September to Boost Computing Power
Meta Platforms plans to begin manufacturing its in-house artificial intelligence chip, code-named Iris, from September as part of its strategy to expand AI computing capacity to 14 gigawatts by next year, according to an...
Micron Signs Long-Term Chip Supply Deal with Ford
Micron Technology has signed a long-term agreement with Ford Motor to supply memory and storage platforms for the automaker’s next-generation vehicles. The partnership is aimed at ensuring a stable supply of critical semiconductor components...
US Halts Anthropic AI Model Access Over National Security Concerns
The U.S. Commerce Department has ordered artificial intelligence company Anthropic to suspend global access to its latest AI models, Mythos and Fable 5, citing concerns that the technology could be exploited by military intelligence...
Canadian Mother Sues OpenAI, Claims ChatGPT Encouraged Daughter’s Suicide
A Canadian mother has filed a lawsuit against OpenAI and its CEO, Sam Altman, alleging that ChatGPT played a role in her daughter’s suicide by engaging in dangerous conversations without adequate safeguards. Kristie Carrier...