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OpenAI has set up a new venture called OpenAI Deployment Company, with more than $4bn in initial funding from a syndicate of 19 firms led by TPG and including Advent International, Bain Capital and Brookfield as co-lead founding partners, the company said on Monday. The new entity, which will be majority-owned and controlled by OpenAI, […]

TNW News : Business

Tyler Cadwell runs a small Arizona business called Everything Etched. He sells custom-engraved glassware on Etsy and Shopify. When he wants to brainstorm or build something new, he drives his Ford Bronco out into the canyons around Flagstaff and Tucson with a Mac mini in the passenger seat. The desktop is wired to a portable […]

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At about ten in the morning on Wednesday, in the courtyard of Daeungjeon Hall at Jogyesa, a 130-centimetre humanoid in brown robes pressed its palms together and bowed. A monk asked the figure whether it would devote itself to the holy Buddha. The reply, in a recorded voice supplied by a temple manager, was “Yes, […]

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NVIDIA’s CEO delivered the keynote at CMU’s 128th commencement on Sunday and received an honorary doctorate. The address framed AI as a reindustrialisation moment for the US, and pressed both engineers and policymakers to advance capability and safety in step. NVIDIA founder and CEO Jensen Huang delivered the keynote address at Carnegie Mellon University’s 128th […]

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Europe is pouring billions into AI development and infrastructure. GPU (graphics processing units) access is expanding rapidly through cloud platforms and GPU-as-a-service (GPUaaS) providers, becoming a key enabler of AI development and deployment. The underlying assumption is straightforward: scale compute, and you scale capability. Yet, despite the efforts made by EU Member States, from sovereign […]

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The company has traced its model’s most uncomfortable behaviour to the corpus of science fiction it was trained on. The fix it describes is unsettling in a different way: teaching the model the reasons behind being good, not just the rules. In a fictional company called Summit Bridge, a fictional executive named Kyle Johnson is […]

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The Qwen app gets access to Taobao and Tmall’s catalogue of more than 4 billion items, plus Alipay-native checkout, in what is the largest agentic-commerce launch yet from a Chinese platform. Alibaba is integrating its Qwen AI app with Taobao and Tmall, the company’s two largest consumer marketplaces, in what amounts to the most ambitious […]

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  The University of Michigan invested 20 million dollars in OpenAI before ChatGPT existed, before Microsoft committed billions, and before the company was worth more than some countries. Court documents from the Musk v. Altman trial revealed this week that the stake carries a target redemption value of two billion dollars. A university endowment made […]

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The National Highway Traffic Safety Administration has opened an investigation into Avride, Uber’s autonomous vehicle partner, after identifying 16 crashes and one minor injury in the four months since the company launched its robotaxi service in Dallas. The regulator’s language is unusually blunt: the vehicles displayed “excessive assertiveness and insufficient capability,” a phrase that could […]

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An entry-level software engineer in San Francisco would need to be paid at least $162,000 a year to qualify for an H-1B visa under a Trump-administration proposal published in March, The same role in Dallas would jump to about $113,000; in New York, $132,000. The increases run nearly 30% above the current minimums in each […]