Liz’s view OpenAI and Anthropic need to borrow a lot of money but they don’t have profits or a track record of creditworthiness. Enter Jensen Huang. Nvidia’s $250 billion backstop to OpenAI will let the money-burning AI lab lease space at the largest data center ever built. OpenAI doesn’t have ...
Big Oil’s risky profit spikeBig Oil’s risky profit spike
Big Oil will be back in the hot seat this week, as companies post what are expected to be bumper second-quarter profits driven by the war in Iran. What’s good for consumers is bad for oil investors: Share prices for Chevron and ExxonMobil ticked down over the past couple of ...
South Africa targets political figures to chair Africa’s biggest fundSouth Africa targets political figures to chair Africa’s biggest fund
The Scoop South Africa’s finance minister is weighing appointing political allies to chair Africa’s largest pension fund manager, two sources familiar with his thinking told Semafor, a move that would keep the state’s control over the $200 billion state-owned money manager. Enoch Godongwana is weighing either Zuku Godlimpi, deputy minister ...
China demonstrates ability to overcome AI compute shortageChina demonstrates ability to overcome AI compute shortage
China’s chipmakers saw a 2,850% jump in first-half profits, suggesting Beijing’s efforts to build a domestic semiconductor industry are starting to pay off. The momentum was further bolstered by the blockbuster listing of memory chipmaker CXMT, seen as China’s best hope of building self-sufficiency. CXMT’s stock soared 466% on debut, ...
Chinese open-weight models reignite AI safety debateChinese open-weight models reignite AI safety debate
The rapid rise of Chinese open-weight AI reignited the US debate over how to balance safety and security risks while driving the growth of the American tech ecosystem. Some fear that Silicon Valley will get hooked on cheap Chinese AI that’s accused of ripping off American labs, introducing “various baskets ...
‘The Government Hopes To Set a Precedent’: An Interview With the Man Charged for Allegedly Wiping His GrapheneOS Phone‘The Government Hopes To Set a Precedent’: An Interview With the Man Charged for Allegedly Wiping His GrapheneOS Phone
In charging a man for allegedly typing in a duress password which wiped his privacy-focused GrapheneOS phone, the U.S. government is trying to intimidate other activists from protecting their data and participating in social movements, Samuel Tunick, the man charged, told 404 Media in an interview on Tuesday. The case ...
‘I Would Never Do This To You:’ Protesting Flock, Arizona Man Presents Plan to Surveil Government Officials‘I Would Never Do This To You:’ Protesting Flock, Arizona Man Presents Plan to Surveil Government Officials
On July 20, Jacob Petrosky stood in front of the Casa Grande, Arizona City Council during a public comment session and made an announcement. “I’ve spent the last several months talking to people all over Casa Grande, and one thing keeps coming up: Safety. So, today I’m excited to announce ...
Substackers Say New AI Detection Tool Is a ‘Witch Hunt’Substackers Say New AI Detection Tool Is a ‘Witch Hunt’
Substack contributors are rejecting the company’s decision to flag AI generated writing on the newsletter publishing platform, with several creators saying the new AI detection features are a “witch hunt.” Some Substack users who use AI to help them write or edit articles say the new policy unfairly discriminates against ...
Apple’s iMessage Scanning Flagged a Video of My Friend’s Dog as NudityApple’s iMessage Scanning Flagged a Video of My Friend’s Dog as Nudity
In a video my friend’s dog is laying on her back, her little paws in the air, while my friend rubs the dog’s chest. You can see most of the dog — who I’m not naming for very important privacy reasons — from her head to her belly. On closer ...
The moment Tuesday’s powerful earthquake hit JapanThe moment Tuesday’s powerful earthquake hit Japan
Video shows locations across the region where a strong earthquake struck Japan’s Kyushu island on 28 July. ...