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Camera-free smart-glasses maker Even Realities hits $1bn on a $150M raise

Meta has sold millions of camera-equipped smart glasses, and landed in a privacy storm for it. A Shenzhen startup is betting $1bn that the smarter move is to leave the camera off. Even Realities has r [...]

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Kai-Fu Lee stopped building AI models and started selling enterprise data infrastructure. Now 01.ai is heading for a Hong Kong IPO.

Kai-Fu Lee’s 01.ai is raising a pre-IPO round ahead of a planned Hong Kong listing in 2027, the former Google China chief told Bloomberg at the World AI Conference in Shanghai. The company is unwind [...]

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IMF chief warns advanced AI models like Mythos “can be used to destroy the financial system”

The head of the International Monetary Fund warned on Wednesday that advanced AI models like Anthropic’s Mythos “can be used to destroy the financial system” if they fall into the wrong hands. I [...]

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Airbnb’s CEO says nobody builds AI for normal people. He is on Y Combinator’s board

The Airbnb chief executive made the argument on the Yahoo Finance podcast Power Players with Brian Sozzi this week. His diagnosis has two parts. “I think part of it’s a narrative issue that we’r [...]

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Coinbase launches an AI agent that can trade crypto and pay for research on your behalf

Coinbase has launched an AI agent that can execute crypto trades and pay for premium research data on behalf of users. The agent integrates with a user’s main Coinbase account or can operate in a se [...]

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Denmark steps into an EU court fight over what platforms owe publishers

Denmark has taken a side in one of the quieter but more consequential legal battles over how the internet pays for journalism. The Danish government has filed a written intervention at the Court of Ju [...]

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Greg Brockman says OpenAI underestimated its own models’ cyber skills

Greg Brockman went on CNBC on Monday to say the executive departures at OpenAI are not unusual. “I actually think that the difference between OpenAI and other organizations is that we are so much in [...]

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The student “AI revolt” is mostly a myth. Business students just want to be taught how to use it.

The boos at last spring’s graduations suggested a student revolt against AI. The data points the other way. Among business students at one Washington school, regular AI use has quietly become the no [...]

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Nvidia-backed Firmus will build a 360MW AI data centre in Indonesia and expects $30 billion in offtake deals

Firmus Technologies, an Australian AI infrastructure company valued at $5.5 billion, will build its first data centre in Indonesia through an eight-year partnership with Nvidia. The 360-megawatt Nvidi [...]

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