OpenAI, WAN-IFRA back 10 Ukrainian newsrooms with AI support
A new program is giving independent Ukrainian media outlets API credits and AI training as they operate through wartime conditions
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Business
Funding, M&A, earnings, talent moves and regulation
G20 Chapel Hill event shows optimism inside, data center protests outside
As Altman, Huang and Karp talked up infrastructure buildout, hundreds gathered outside the hotel gates to challenge promises on water, power and jobs
100
NVIDIA to acquire Hugging Face for $12.9 billion
NVIDIA, long a chip seller, is buying open-model marketplace Hugging Face and picking up the distribution channel along with it
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EY chief economist warns AI is creating a winner-take-all economy
Gregory Daco argues that AI-driven productivity gains protect margins, not income
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Silicon Valley forward-deployed engineer postings surge 1,000%
Microsoft, Meta, Google, OpenAI, and Anthropic have all adopted the model Palantir pioneered, with pay reaching as high as $400,000.
140
Kurzweil joins Subsense, a nasal-inhaled brain-computer startup
Google AI researcher Ray Kurzweil has joined a non-surgical BCI company that delivers nanoparticles through the nose as an advisor
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OpenAI commits $1 billion to support under-resourced cyber defense organizations
For six months, OpenAI will give under-resourced organizations — water utilities, power grid operators, local governments, community banks — access to frontier cyber AI
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NVIDIA Acquires Hugging Face for $12.9 Billion
NVIDIA has agreed to buy Hugging Face, the largest repository of open models, for $12,930,300,000. Why did a company that turned down a $500 million investment last year hand over the whole company just a year later?
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Jensen Huang counters Bill Gates' job-loss warning with skilled-trades boom
In a Fox Business interview, the NVIDIA CEO argued that data center construction is driving demand for skilled labor
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NVIDIA Covers Lease Costs Too in Anthropic's $35 Billion Cloud Deal
NVIDIA struck the deal with Lambda, a company it has backed, and took direct responsibility for leasing the Texas data center as well
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China's Longsys and Enflame Both File for Hong Kong-Linked Listings Worth $800M and $900M
Tencent-backed Enflame is joining China's AI chip listing wave as the last of the so-called "Four Little Dragons" to go public.
80
OpenAI Backs California's SB 1119 Teen AI Safety Bill
OpenAI wants the safeguards it built into ChatGPT for Teens locked in as California state law
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Pentagon adds ChatGPT and Grok to AI portal, leaves Claude out
GenAI.mil has added ChatGPT Mil and Grok for Government, but Anthropic's Claude is still missing.
220
MoonPay adds crypto wallet to Grok for global trading
MoonPay has plugged PayBox into X's chatbot Grok, letting it handle crypto trading, lending, and even flight bookings
100
ChatGPT ads pass $1B annualized revenue in 200 days
OpenAI shares ad business results and opens self-serve access in India, Europe, the Middle East, and North Africa
90
Governor Hochul touts tougher rules than Meta, but gun ban gets dodged by a file tweak
New York rolled out social media and chatbot rules stricter than Meta's settlement and a pause on data center construction, but its 3D-printed gun ban is being tested by a file workaround
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Companies blame AI for layoffs, and workers stop believing them
A Fortune columnist uses layoff data, canceled remote-work deals, and executive pay figures to trace how trust between business and Gen Z has broken down
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EU designates ChatGPT a "very large search engine" for tighter oversight
Reddit and Roblox also named very large platforms, with new rules on minor protection due by December
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Bank of England Governor Sends G20 a Warning Letter on AI-Driven Financial Crisis
FSB Chair Andrew Bailey named frontier AI's cyber risks as the "most immediate concern"
120
Sony Music, Warner Chappell Sue Anthropic, Naming Founders Personally
Plaintiffs seek up to $150,000 per work, with founders named as individual defendants and damages potentially reaching billions of dollars
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Musk says 15GW of 2027 AI compute won't switch on even with power secured
The bigger bottleneck isn't power supply — it's transformers, wiring, cooling, and networking construction
360
NVIDIA and Salesforce earnings ease AI spending fears
Hardware and software companies alike beat expectations this week, quieting worries that AI spending was starting to slow
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OpenAI to end Cursor contract in November after SpaceX acquisition
OpenAI cites Musk's history of breaking contracts, saying it's giving Cursor the maximum grace period allowed
110
Lambda raises another $1 billion in private debt to buy NVIDIA chips
JPMorgan arranges short-term private notes so Lambda can secure GPUs to lease to Microsoft
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