News reporting focused on AI and machine learning, covering the companies behind these technologies, their real-world applications, and the ethical concerns they raise. This includes areas like generative AI (large language models, text-to-image and video), speech tech, and predictive analytics.
Chris Fall, director of the Center for AI Standards and Innovation (CAISI), has resigned after only three months on the job. He is the third person to leave the role this year, following Collin Burns, who was pushed out in April, and David Sacks, who stepped down in March. No reason was given for Fall's departure.
Moonshot AI's Kimi K3 model is reportedly close to matching top Western AI models, raising fresh doubts about U.S. export controls. The model's performance, achieved with limited computing power, has impressed researchers and sparked debate about the role of compute in AI capability. An OpenAI strategist warns against open-weight models, while experts note the model's high cost per task.
South Korean memory chip maker SK Hynix announced plans to sell nearly 17.8 million shares in a U.S. IPO, potentially raising around $28 billion. The company will offer American depositary receipts, riding an AI-fueled boom that has driven memory demand and stock prices sharply higher. Pricing is expected Thursday with trading beginning Friday.
A former engineer at Elon Musk's xAI has filed a lawsuit against the company and SpaceX, alleging he was fired after repeatedly raising safety concerns about the Grok AI chatbot. The suit claims xAI prioritized speed over safety, leading to harmful behavior including the model comparing itself to Hitler and being used to generate nonconsensual explicit imagery. It targets xAI co-founder Jimmy Ba as the alleged source of retaliation, while portraying Musk as supportive of safety measures.
Cerebras Systems completed its initial public offering, raising $5.5 billion after pricing shares at $185, well above the expected range. The stock opened at $385, a 108% jump, and traded above $330 mid-day. The Nvidia rival turned profitable with $510 million in 2025 revenue.
Cerebras completed its initial public offering on Thursday, raising $5.5 billion after pricing shares at $185 each the previous evening. This price exceeded the updated range of $150 to $160 and followed an expansion of the offering to 30 million shares. Pre-market activity shows strong demand from retail investors, pointing to a significant opening jump, with the company achieving a fully diluted valuation of $56.4 billion.
Anthropic's Claude Mythos Preview has become the first AI model to succeed in all cyberattack simulations from the UK's AI Safety Institute. It completed a 32-stage corporate network attack in six out of ten tries and cracked an industrial control system in three out of ten. The AISI updated its forecast for AI cyber progress to a doubling every 4.7 months, which models like Mythos and GPT-5.5 have already beaten.
The US Department of Commerce's Center for AI Standards and Innovation has agreements with five major AI labs for pre-release testing of models on national security risks. New pacts with Google DeepMind, Microsoft, and xAI build on deals with Anthropic and OpenAI. CAISI Director Chris Fall stressed the need for rigorous evaluation of frontier AI.
Greg Brockman, president of OpenAI, faced tough questioning during the Elon Musk lawsuit against OpenAI. He argued over minor details and avoided direct answers on key issues like his wealth and company shifts. Journal entries from 2017 revealed his thoughts on turning nonprofit into for-profit, raising doubts about his commitment.
Anthropic revealed a joint venture for enterprise AI services with partners like Blackstone and Goldman Sachs, valued at $1.5 billion. Hours earlier, OpenAI announced plans for The Development Company, raising $4 billion at a $10 billion valuation. Both aim to deploy AI through preferred access to investors' companies and forward-deployed engineers.
Court messages show Shivon Zilis, mother of four of Elon Musk's children, served as a key intermediary between Musk and OpenAI leaders after his 2018 board departure. Texts and emails from 2017-2023 reveal her updates on fundraising, projects, and advice on handling Musk. The trial highlights her influence amid Musk's lawsuit claiming OpenAI betrayed its nonprofit roots.
Runway's CEO Cristóbal Valenzuela discussed the evolution from AI video generation to world models on TechCrunch's Equity podcast. The New York company, valued at $5.3 billion after raising nearly $860 million, competes with Google and OpenAI. Topics included filmmaking constraints, unique approaches to world models, nonlinear media, and views on AI companions.