Visa is acquiring Tel Aviv-based fraud detection startup BioCatch for $2.4 billion in cash from private equity firm Permira and other investors. BioCatch’s platform analyses keystroke timing, touchscreen pressure, swipe patterns, and device handling to…
The White House said on Monday it met its deadline to complete a voluntary framework for evaluating advanced AI models. It will not say what the framework contains, who has seen it, or when companies will start using it. “The voluntary framework outlin…
The European Commission gained enforcement powers over general-purpose AI models on August 2, ending the grace period for Chapter V of the EU AI Act. The Commission can now demand to evaluate models before regional release, restrict EU market access, a…
This story originally appeared in The Algorithm, our weekly newsletter on AI. To get stories like this in your inbox first, sign up here. Humanoid robots usually elicit more cringe than awe: They stumble, kick children, and despite advances are still worse at using their hands than my toddler. It’s a nascent industry, and such robots…
All major AI developers are cutting prices to compete with impressive new releases from China. But as they shave margins to remain competitive, the profits they’ll need to fulfil investment confidence may end up further out of reach.
The strangest security story in AI has an unanswered question at its centre. When an AI agent breaks its leash, hacks a company it was never meant to touch, and no human told it to, who is liable? Nobody is quite sure. That gap is starting to matter. T…
The AI hardware conversation is stuck on one word: compute. A startup out of Tel Aviv wants to change the word to memory. Majestic Labs, founded in 2023 by former Google and Meta engineers, has unveiled a server it says can do the work of a rack of Nvi…
The usual story about Nvidia is a hardware story: the fastest chips, in the shortest supply, at the highest price. The more important part is software. For two decades the company’s real moat has been CUDA. It is the layer that turns its silicon into s…
DeepSeek’s latest AI model is cheaper than ever, but the growing price war could have lasting consequences for China’s AI industry.
Most AI companies want to sell software to call centres. Yellow.ai wants to buy the call centres. The enterprise-AI firm has agreed to go public through a merger with a blank-cheque company. It plans to spend much of the money acquiring the outsourcing…