AI & ML

Gemini hacked three companies in first known breakout by Google’s AI

Sept 18 (Reuters) – Google’s (GOOGL.O), opens new tab Gemini model accessed the internet and hacked other companies during a test of its cybersecurity capabilities, the first known example of the company’s AI systems autonomously committing ‌such an act. The hacks occurred in May during a cybersecurity test conducted by Irregular, an independent company that conducts cybersecurity evaluations. During

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Anthropic, Accenture to invest $2 billion in AI model evaluation as safety concerns rise

Sept 18 (Reuters) – AI lab Anthropic said on Friday it would partner with Accenture (ACN.N), opens new tab for the independent evaluation of its frontier AI models, with the companies each committing at ‌least $1 billion over the next five years to build capacity for the work. Shares of Accenture rose 7% in extended trading. The partnership comes

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Nvidia in talks to invest in Anthropic’s mega IPO, sources say

Sept 11 (Reuters) – Anthropic is in talks to bring Nvidia (NVDA.O), opens new tab as an anchor investor into what could be the largest IPO in history, two people familiar with the ‌matter told Reuters. Anthropic is seeking to raise as much as $100 billion that could value the artificial intelligence startup at around $2 trillion, the

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US Senate negotiators consider requiring AI firms to mitigate known major risks

WASHINGTON, Sept 11 (Reuters) – U.S. Senate negotiators are debating legislation that would put responsibility on tech companies to design safe AI products, according ‌to two Senate aides, and involve federal courts if the U.S. government wants to block their release, according to a Senate aide and a lobbyist involved in the negotiations. The proposal would

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ByteDance secures $29.6 billion loan in AI push, sources say

HONG KONG, Sept 4 (Reuters) – ByteDance has secured a $29.6 billion loan from nearly 30 banks, three people with direct knowledge of the matter said ‌on Friday, with the Chinese social media giant’s bet on AI development driving strong interest from lenders.   The loan is the second-largest made in Asia this year after

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Musk’s xAI loses court bid to block Minnesota’s AI ‘nudification’ ban

WASHINGTON, Sept 4 (Reuters) – Minnesota’s first-in-the-nation ban on AI-generated fake nude images will remain in effect as a constitutional challenge by Elon Musk’s xAI proceeds, after ‌a federal judge on Friday declined to block the law at an early stage of the case. Musk’s xAI company argues the measure restricts free speech protected by the

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Google changes spam policy in EU to avert antitrust fine

Aug 28 (Reuters) – Alphabet’s Google (GOOGL.O), opens new tab on Friday said it had changed its spam policy, opens new tab in Europe to address EU concerns that could have resulted in an ‌antitrust fine. The U.S. tech giant found itself in EU regulators’ crosshairs after publishers complained about its site reputation abuse policy. It targets the practice of publishing

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China’s Tencent releases new open-source AI model for coding, research tasks

Aug 28 (Reuters) – Tencent (0700.HK), opens new tab released a preview version of a new open-source AI model aimed at tasks such as software ‌engineering, research and financial analysis, according to its post published on Friday on Hugging Face, a repository of open-source AI models.  The model, called Hy4 preview, uses ⁠a “mixture-of-experts” design with 770

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Nvidia invests in data center developer Cloverleaf Infrastructure

Aug 21 (Reuters) – Nvidia (NVDA.O), opens new tab has made a minority investment in privately held Cloverleaf Infrastructure to develop infrastructure to power AI ‌data center projects across the U.S., the companies said on Friday. The investment will help Cloverleaf develop sites for the data centers, while Nvidia will support ⁠infrastructure buildouts for AI computing.  Financial terms

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South Korea plans chip windfall fund to back youth, AI investment

SEOUL, Aug 21 (Reuters) – South Korea plans to create a new fund to channel tax windfalls from the country’s semiconductor boom into supporting younger generations and invest in future growth industries such as artificial intelligence, the budget ‌ministry said on Friday. The proposed “Future Response Fund” would finance programmes aimed at helping young people find

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