The AI bubble didn’t pop. It sent the bill
The AI bubble didn’t pop. It sent the bill

Until last week, about 200 organisations could use a preview of Anthropic’s most capable model, Mythos. They got in through a programme called Glasswing, after the system flagged thousands of software vulnerabilities. Then, on the evening of 12 June, t…

Retailers want AI-generated ads exempt from EU transparency rules
Retailers want AI-generated ads exempt from EU transparency rules

Europe’s retailers would like the law to make an exception for them. AI-generated advertising should be carved out of the European Union’s incoming transparency rules, a retail association has argued, according to Reuters, taking aim at provisions that…

Higgsfield launches enterprise marketing agents built on NVIDIA, claiming 78 per cent of Fortune 500 as clients
Higgsfield launches enterprise marketing agents built on NVIDIA, claiming 78 per cent of Fortune 500 as clients

Higgsfield, the AI video startup valued at $1.3 billion, on Wednesday launched what it calls the first enterprise-ready autonomous agent framework for marketing automation. Supercomputer 2.0, built on NVIDIA’s Agent Toolkit and powered by Nemotron mode…

Alibaba Cloud opens first data centres in France as the EU tightens rules on foreign cloud providers
Alibaba Cloud opens first data centres in France as the EU tightens rules on foreign cloud providers

Alibaba Cloud on Wednesday launched its first data centres in France, opening two availability zones in Paris as part of a broader push into a European market that is rapidly reassessing its dependency on foreign cloud providers. The facilities make Fr…

A 201-year-old mutual bank just launched an AI Center of Excellence with a startup partner
A 201-year-old mutual bank just launched an AI Center of Excellence with a startup partner

Liberty Bank, a 201-year-old mutual bank headquartered in Middletown, Connecticut, announced the launch of an AI Center of Excellence alongside a strategic partnership with Flare AI. The centre will serve as the hub for AI strategy, governance, and exe…

UPS is building a real-time digital twin of its entire logistics network, updated every 10 minutes
UPS is building a real-time digital twin of its entire logistics network, updated every 10 minutes

UPS detailed a slate of AI-powered logistics initiatives on Wednesday, including a real-time digital twin of its entire global network that updates every 10 minutes. The system creates a digital replica of facilities, air and ground networks, and end-t…

General Intuition is raising $300 million to train AI agents on the video game data OpenAI tried to buy
General Intuition is raising $300 million to train AI agents on the video game data OpenAI tried to buy

General Intuition, a New York-based AI lab that trains agents to reason about space and time using billions of video game clips, is in talks to raise approximately $300 million at a valuation of just over $2 billion, according to TechCrunch. The round …

Ford pivots its Kentucky battery plant from EVs to AI data centre storage in a $2 billion bet
Ford pivots its Kentucky battery plant from EVs to AI data centre storage in a $2 billion bet

Ford has launched Ford Energy, a wholly owned subsidiary that will manufacture large-scale battery energy storage systems for utilities, data centres, and industrial customers. The company has committed roughly $2 billion to the operation, which repurp…

Architect Labs raises $24M to let any company design its own AI chip
Architect Labs raises $24M to let any company design its own AI chip

Designing a chip is hard. It takes years, hundreds of millions of dollars, and a tiny pool of experts. Most of them sit inside a few large companies. Architect Labs wants to change that with AI. The Palo Alto startup left stealth on Thursday with a $24…

Gradial raises $65M to be the ‘AI glue’ for enterprise marketing
Gradial raises $65M to be the ‘AI glue’ for enterprise marketing

Every software company is racing to bolt an AI agent onto its own product. Gradial is betting the real money is in the gaps between them. The Seattle startup has raised $65mn in Series C funding to build what it calls an operating system for marketing:…