AI Drone Maker Tekever Valuation Climbs to $6.4 Billion
AI drone maker Tekever says it has raised $580 million at a valuation of $6.4 billion, as European countries accelerate
Europe
U.N. Chief Warns AI Could Pose Existential Risk to Humanity
U.N. human rights chief Volker Turk warned on Monday that artificial intelligence could pose an existential threat to humanity and
Did You Know OpenAI’s Rogue Agents Also Hijacked a German Website?
A swarm of rogue OpenAI agents hijacked a German website this spring and turned it into a message board for
The Next Financial Shock Could Come From an AI-Powered Cyberattack
Bank of England Governor Andrew Bailey warned on Monday that rapidly advancing artificial intelligence models could increase cyber risks and
Here’s A New Theory About AI Psychosis
Researchers have proposed a framework they call an “amplification spiral” to explain how prolonged interactions with artificial intelligence chatbots may
Flat Profits Can’t Stop Rabobank’s $2 Billion AI Bet
Dutch lender Rabobank says it will invest up to $2.3 billion over the next three years in data, technology and
The AI Warplane Is Here. May the Race for Autonomous Air Power Begin.
Boeing’s MQ-28 Ghost Bat is not a replacement for the fighter pilot. It is the first sign of a broader
The AI and Defense Boom is a Windfall for Rolls-Royce
Rolls-Royce has raised its full-year profit and cash flow guidance after reporting strong first-half results, driven by robust demand across
Germany Wants AI To Be Fair Before It Approves Your Loan
Germany’s financial watchdog BaFin will begin supervising the use of artificial intelligence by banks and insurers after lawmakers expanded its
IMF Says Electricity Access Must Improve Before Africa Can Harness AI Potentials
The International Monetary Fund (IMF) said Sub-Saharan Africa could increase its economic output by about 4% over the next decade
Britain Has Its First Minister for Artificial Intelligence. Now Comes the Hard Part.
On a rainy morning in Whitehall, where Britain’s government has traditionally wrestled with inflation, immigration and foreign policy, one of
CuspAI Has Raised $445 Million to Build AI Search Engine for New Materials
British artificial intelligence startup CuspAI has raised more than 330 million pounds ($445 million), including investment from the UK government’s