Alibaba is raising $10.2bn and spending all of it on AI

Alibaba is placing HK$80bn, about $10.2bn, of new shares in Hong Kong and says all net proceeds will go to AI infrastructure and capabilities. It comes days after the company reported a 75% fall in qu [...]

ChatGPT for iPhone now grabs your recent photos with a long press

OpenAI has added a shortcut that surfaces your four most recent photos when you long press the plus button in ChatGPT on iPhone. It lands while Apple’s own camera and visual assistant features stay [...]

A humanoid robot just beat Usain Bolt’s 100m record, and roboticists are unimpressed for good reason

A robot built by Beijing’s X-Humanoid ran 100 metres in 9.39 seconds at the World Humanoid Robot Games, beating Usain Bolt’s 9.58-second record. Roboticists point out that speed on a known course [...]

Employers are quietly rehiring the people AI replaced, and paying them less to come back

Forrester reports that 55% of employers regret laying off workers for AI and expects half of AI-attributed layoffs to be quietly reversed, with jobs returning offshore or at significantly lower wages. [...]

Galbot Robots complete 100 consecutive rallies against a tennis champion

Galbot says its robot completed more than 100 consecutive autonomous tennis rallies against former world number 15 Zheng Jie at the World Humanoid Robot Games in Beijing. The rally count, the autonomy [...]

SoftBank plans record $6.3bn retail bond sale in Japan

SoftBank plans a record 1 trillion yen retail bond sale, about $6.3bn, the largest by any issuer in Japan, to fund investment commitments to OpenAI. Analysts say banks were reluctant to take the risk, [...]

Claude outage hits multiple models again

Anthropic’s Claude AI is showing signs of overload again. On Monday morning, users trying to work with Claude encountered failed requests and a “529 Overloaded” error. The message says the probl [...]

Hugging Face explores a sale at a $13bn valuation, nearly triple its last one

Hugging Face has retained bankers to test the market for a sale at a valuation of $13bn or higher, according to Business Insider, which reported that talks are early and that no bidder has been ident [...]

Nvidia is in talks to back Perplexity at more than $30bn

Nvidia has been discussing an investment in Perplexity that would value the AI search company at more than $30bn, according to The Information, which reported that the two sides also considered a tech [...]