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Vinci, the AI software company based in Palo Alto that simulates physics for use in chip and hardware design, has raised $250M at a $1.5bn valuation, the company announced on Tuesday. Advent, Temasek and Xora Innovation led the round, while earlier investors Eclipse and Khosla Ventures participated…
The Australian Broadcasting Corporation told a parliamentary inquiry on Tuesday that AI companies have probably already used its content to train their models. The public broadcaster also said AI firms can strike licence deals to use its work, Reuters reported. Kate Gilchrist, the ABC’s head of…
Alphabet’s Google is close to an agreement to buy nuclear power from Constellation Energy, Bloomberg reported on Monday. Under the multi-year deal, Google would pay Constellation $1bn or more, according to people familiar with the talks. Bloomberg said an announcement may come this week. Yet…
DeepSeek is close to raising at least 80 billion yuan, or about $12bn, in a new funding round, Bloomberg News reported on Tuesday. Tencent and the battery maker CATL have committed some of the largest sums, according to people familiar with the matter cited by Bloomberg. The Chinese AI lab had…
An Accenture contractor has been removed from FBI work following a breach that exposed the personal data of thousands of bureau staff. The FBI acted on Monday, Reuters reported, citing two people familiar with the matter. A senior FBI official told Reuters that an unnamed contractor had not applied…
Hadrian, an Amsterdam-based cybersecurity startup, has raised $40m to expand in Europe and the US. Forgepoint Capital International and Smartfin co-led the round, which brings Hadrian’s total funding to $65m. HV Capital, Motive Partners, Picus Capital and Oetker Ventures were also among the…
Security teams at Google, JPMorgan Chase, Weaviate, France’s interministerial digital directorate (DINUM) and the city government of Tangerang in Indonesia have each fixed the same type of flaw in their Model Context Protocol (MCP) servers. Independent researcher Syed Anas Mohiuddin reported all…
Sheriff’s deputies have arrested a woman in Florida after Anthropic reported her Claude conversation to law enforcement. In the chat she allegedly said she would “shoot up” the Lee County Sheriff’s Office. WINK News first reported the arrest on 30 September. According to the arrest report, she…
San Diego County has sued AppLovin, a mobile advertising technology company. The county alleges that AppLovin bypassed parental controls to serve ads for adult dating services, alcohol, vaping and graphic sexual content in games played by children. The complaint was filed with San Diego Superior…
Nokia’s chief executive Justin Hotard says the industry would build data centres twice as fast if memory and energy supply allowed, and that demand would hold even without a new frontier model for three years. Bain and a paper presented at the Brookings Papers on Economic Activity both question…
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