Revolut has asked its shareholders to let Nik Storonsky borrow up to $250mn against his stake in the company, five times what the current rules permit. The request went to investors last week as part [...]
Meta’s answer to the “pervert glasses” problem was a small light. It switches on when the camera records, to warn anyone nearby. A sticker costing a couple of dollars switches it off. Engadget [...]
OpenAI has trained an elite hacker, then locked it in a cage. Its whole job is to break OpenAI’s own AI. The company says it is too dangerous to let anyone else near it. The model is called GPT-Red, [...]
The European Commission has opened the bidding to build up to seven AI “gigafactories,” vast computing hubs meant to give the bloc the raw power to train frontier AI models without depending on th [...]
Stripe and Advent International have offered $60.50 a share in cash for PayPal, a bid that values the payments company at more than $53bn and arrives backed by about $50bn in committed financing from [...]
The most valuable workers in technology cannot be kept, whatever the price. That is the uncomfortable admission running through the AI industry this week, as elite researchers keep hopping between lab [...]
Apple has begun testing memory chips from China’s state-backed CXMT for devices sold in China, the Financial Times reports. That puts it behind a supplier Washington has flagged as a security risk. [...]
The job that AI seems keenest to take is the one on the other end of the phone. Allianz, the German insurance giant, is preparing to cut as many as 1,800 roles in its travel arm as automated systems t [...]