OpenAI's $11 billion round
OpenAI secured an $11 billion portion of funding at a $1.25 trillion valuation, Bloomberg News reported, with Reuters carrying the report. The round values the AI company at $1.25 trillion.
Reported by Reuters
Reported by Bloomberg
Anthropic IPO doubts
Reuters reported, citing potential investors, that AI backlash could threaten the timing of Anthropic's IPO. The Wall Street Journal reported that major investors are skeptical the IPO can achieve a $1.5 trillion valuation.
Reported by Reuters
Reported by wsj.com (via Hacker News)
AI impersonation fraud charges
Three people were indicted in a U.S. District Court in New York on wire fraud and aggravated identity theft charges for using AI to impersonate corporate executives and attorneys and steal about $129 million, prosecutors said. The scheme targeted thousands of companies worldwide, including hospital systems, a bank, a fintech company, a mutual fund company and a pet food company.
Reported by Philadelphia Inquirer
EU charges TikTok
The European Union has charged TikTok over the harmful algorithmic rabbit hole effects of its platform, Investing.com reported.
Reported by Investing.com
Democrats' AI bills
Democrats are planning a flood of AI bills when they take control of Congress, Reuters reported.
Reported by Reuters
Microsoft and Oracle
Microsoft is winding down its deal with Oracle to rent AI cloud capacity, Bloomberg News reported.
Reported by Investing.com
AI cracks computer science problem
Science, in its latest issue, reported that AI has cracked a 27-year-old pillar of computer science.
Reported by AAAS: Science: Table of Contents