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...
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...
Judge Blocks Anthropic Blacklist
A U.S. federal judge on Thursday blocked the Pentagon’s decision to blacklist Anthropic, marking a major development in the AI company’s legal battle with the U.S. military over restrictions on how its Claude models...
Nvidia Forecasts 70% Revenue Growth as AI Demand Surges
Nvidia forecast a 70% jump in revenue for its next fiscal year, significantly above Wall Street expectations of 44%, signaling that demand for AI computing remains exceptionally strong. Shares rose nearly 5% in extended...
Alibaba Launches $10.2 Billion Share Sale to Fund AI Push
Alibaba shares fell sharply in Hong Kong on Monday after the Chinese e-commerce and cloud computing giant launched a $10.2 billion share sale to finance its artificial intelligence ambitions. The company is offering HK$80...
Nvidia in Talks to Invest in Perplexity at $30B+ Valuation
Nvidia is reportedly in discussions to invest in AI search startup Perplexity as part of a funding round that would value the company at more than $30 billion, according to The Information. The potential...
AI Debt Boom Tests Investor Appetite
The surge in debt issuance by technology giants to finance the artificial-intelligence buildout is beginning to test investor appetite, with bond buyers demanding higher yields as the market absorbs record supply. While investors remain...