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...
Barclays Raises S&P 500 Year-End Target to 7,950
Barclays has raised its year-end target for the benchmark S&P 500 to 7,950, up from 7,800, citing stronger-than-expected corporate earnings and continued strength in technology stocks. The new target implies roughly 3.6% upside from...
Amazon Raises $5.76 Billion in First-Ever Sterling Bond Sale
Amazon is set to raise £4.25 billion ($5.76 billion) through its first-ever sterling-denominated bond sale, exceeding its initial target amid strong investor demand. The four-part offering attracted more than £12 billion in orders, highlighting...
Amazon Plans First-Ever Sterling Bond Sale as AI Funding Needs Grow
Amazon has hired banks for its first-ever sterling bond sale, according to a memo seen by Reuters, as major technology companies increasingly tap global debt markets to fund the surge in spending driven by...
OpenAI Rejects Apple’s Trade Secret Theft Allegations
OpenAI has denied Apple’s allegations that former employees stole trade secrets, arguing that the iPhone maker has failed to show that any confidential information was misappropriated. In a filing in a U.S. District Court...
OpenAI Reportedly Holds $5.5 Billion in SB Energy Warrants
OpenAI has been issued warrants estimated to be worth $5.5 billion in power infrastructure firm SB Energy, according to a Wall Street Journal report citing draft IPO documents reviewed by the publication. The reported...
EU Designates ChatGPT, Reddit and Roblox as Very Large Platforms
The European Commission said on Monday that ChatGPT, Reddit and Roblox will have to comply with the European Union’s rules for very large online platforms and search engines under the Digital Services Act (DSA)....