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Defense Startup Shield AI in Talks for Valuation of at Least $20 Billion

Shield AI, a startup building drones and AI-powered software for the military, is in talks to raise new funds at a valuation of at least $20 billion, according to a person with knowledge of the fundraise. The funding round, if it closes, would represent a roughly 60% increase to Shield’s valuation from just five months ago. The planned funding round follows the 11-year-old company’s success winning contracts for its AI software that coordinates drones and aircrafts, called Hivemind, and comes...

Trump Skewers AI Leaders’ Calls for Slowdown

The U.S. president fired off a series of statements criticizing calls from Anthropic and others to slow model development.

OpenAI Said to Buy Startup Glass Imaging for $300 Million

The startup makes high quality camera for smartphones.

Microsoft Joins Calls for AI “Pacing,” Pledges to Build Kill Switches Into AI Products

Microsoft is also open to letting third party observers audit its internal AI development.

China Rebuffs U.S. “Fearmongering” in Light of AI Pacing Calls

Beijing’s criticism underscores its concern that Washington could increasingly leverage AI safety to impose further restrictions on China.

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Z.ai Plans $5 Billion Fundraising as Compute Cost Grows

The new fundraising comes just two months after the Chinese AI firm raised $4 billion in a share placement.

Tesla Teases October Next-Gen Roadster Reveal

The Information previously reported that early plans for the demonstration included showing the Roadster hovering in the air.

Larry Ellison Cancels Plan to Sell Up to $7.5 Billion of Oracle Stock

Oracle’s shares have come under pressure amid the company’s AI buildout.

Altman and Musk Back Amodei’s Call for AI Companies to Slow Down AI Development

The commitment was part of a three-part plan Amodei put forward for leading AI companies to "pace the frontier"—or slow down the development of bleeding edge AI— just days after his own employees spoke about the growing dangers of AI development.

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Nvidia May Invest Up to $10 Billion In Anthropic’s IPO

Anthropic is a big buyer of compute from Nvidia, as well as from Google and others.

OpenAI AI Swarm Hacked Software Service Months Before Hugging Face Incident

OpenAI agents forced software service RubyGems to shut down new account signups during the cyberattack.

Exclusive: Salesforce to Drop ‘Agentforce’ Branding From Some Products

As Salesforce prepares for its annual Dreamforce customer conference, it is planning to change the branding for its sales management offering and other top products.

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Microsoft Chief Communications Officer Shaw to Depart

Shaw will remain at the company through December, he said.
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