Andrej Karpathy, one of the original co-founders of OpenAI and among the most recognised AI researchers in the world, announced on Monday that he has joined Anthropic. The move is a significant talent coup for the Claude maker as it races to stay at th…
The $20bn Kimi developer has informed shareholders it will dismantle its variable-interest-entity structure, after Beijing made it clear an exemption was unlikely. The IPO would be one of the biggest Chinese AI listings on record. Moonshot AI, the Beij…
Nintendo jumped as much as 6.8% on Tuesday for its longest winning streak since mid-March. Bandai Namco and Konami each gained more than 9%. The trade is about what isn’t AI as much as what is. Nintendo’s stock climbed as much as 6.8% in Tokyo on Tuesd…
Bill Winters told investors in Hong Kong that the bank’s HR, risk and compliance functions will shrink by more than 15% over five years, with the headcount efficiency aimed at lifting income-per-employee 20% by 2028. Standard Chartered will cut more th…
The A$410bn pension fund is comparing the disruption to what retail and consumer services have already experienced. ASIC is already monitoring frontier-AI risks across the Australian financial system. AustralianSuper, the country’s largest pension fund…
Bloomberg reports early-stage takeover conversations with the Jim Keller-led AI chip startup, which raised $800m at a $3.2bn valuation last year and counts Bezos Expeditions and Samsung among its backers. Tenstorrent, the Jim Keller-led AI chip startup…
Chief People Officer Janelle Gale’s Monday memo described ‘smaller teams’ and a ‘flatter’ structure built around new AI groups for agents, apps, and infrastructure. Layoffs are due later this week. The Meta Saga continues with layoffs and “reassigning”…
The hackers exfiltrated a codebase that was already open source, then demanded payment to keep it from being released. Grafana said no, and cited the FBI’s standing advice. It is the second high-profile extortion case in seven days. Grafana Labs, the o…
Elon Musk’s AI lab promised employees a 420-dollar payment for handing over their personal tax data to train Grok ahead of the April 15 deadline. Two months on, Bloomberg reports, the money has not been paid. Elon Musk’s xAI asked its own employees ear…
Alphabet runs the most enviable AI infrastructure stack in the industry. The success of the third-party deals with Anthropic and Meta is the reason internal access has become a competitive resource. Google has spent a decade quietly building the most e…