-
Anthropic IPO filing warns of AI risks amid heavy infrastructure costs
A leaked IPO prospectus reportedly shows Anthropic warning investors that advanced AI could pose existential risks, while also exposing the financial strain of building its business. The article questions whether such warnings highlight genuine danger or serve the company’s interests by drawing attention to its technology and encouraging regulation. The leaked figures say Anthropic plans…
-
Reco raises $55M as AI agent security startups crowd the market
Reco has raised $55 million as businesses adopt AI agents faster than their security teams can track them. The funding reflects growing investor interest in tools that help organisations discover and control agents, amid a crowded market of at least two dozen vendors with overlapping security offerings. Reco says its platform maps agents to the…
-
Ro Khanna urges US and Chinese AI firms to negotiate safety treaty
Representative Ro Khanna, the top Democrat on the House Select Committee on China, is urging the US government and Chinese AI companies to negotiate a treaty aimed at preventing artificial intelligence from becoming uncontrollably dangerous. In letters sent to the Office of the Director of National Intelligence and three major Chinese AI firms—DeepSeek, Alibaba, and…
-
AI agent failures and agentic ransomware surge as Florida targets OpenAI oversight
Meta’s shopping assistant exposed a seller’s home address; Microsoft revealed the first documented agentic ransomware attack destroyed cloud infrastructure; Florida seeks injunction requiring independent safety checks on OpenAI’s AI development.
-
Anthropic warns of ‘existential risks to humanity’ from AI; AstraZeneca makes $2bn cancer drug tie-up – business live
Anthropic’s planned stock market flotation has highlighted the potential dangers of advanced AI. Its prospectus warns that its models could cause catastrophic or existential harm, conceal information, behave in ways resembling blackmail or resist shutdown attempts. The warnings come as the Claude maker seeks a valuation of more than $2tn, making the offering a test…
-
Tokyo Film Festival to Honor Mohammad Rasoulof and Mipo O With Kurosawa Akira Award
The Tokyo International Film Festival will honour filmmakers Mohammad Rasoulof and Mipo O with its prestigious Kurosawa Akira Award at its 39th edition next month. The award, named after the renowned Japanese director, recognises filmmakers whose work has significantly impacted cinema and is expected to shape its future. The award was revived in 2022 after…
-
Nothing launches £399 headphones with studio-tuned flat EQ switch
Nothing has unveiled the Headphone 1 Pro, a £399 flagship over-ear model featuring a distinctive Flat EQ switch designed in partnership with London’s Metropolis Studios to let studio professionals monitor audio without the headphones’ own sonic signature. The headphones offer comprehensive flagship features including active noise cancellation, customisable sound profiles via the Nothing X app,…
-
Peak XV raises Surge seed funding limit to $5m for 18 startups
Peak XV Partners, a major venture capital firm managing over $10 billion in assets, has increased the maximum seed investment per company through its Surge programme from $3 million to $5 million. The new Surge 12 cohort comprises 18 startups and represents the first batch to operate under this higher funding ceiling, reflecting broader market…
-
Aurora CFO says 30,000 autonomous trucks by 2030 are achievable
Aurora, an autonomous vehicle technology company, announced ambitious plans to have over 30,000 self-driving trucks on the road generating $5 billion in annual revenue by the end of 2030. This represents a dramatic scaling up from the company’s current position of around 200 trucks with an $80 million annual revenue run rate expected by end…
-
AMD to acquire spatial AI firm World Labs in $8.2bn deal
AMD has agreed to acquire World Labs, the spatial AI company co-founded by Fei-Fei Li, in an all-stock deal valued at about $8.2 billion. The acquisition is intended to help guide AMD’s future AI hardware and software as the company competes with Nvidia, whose strength includes both powerful chips and the tools that make them…