Amazon employees have identified cases of "catastrophically expensive" cost overruns from internal AI usage, including a $1.8 million overspend using Anthropic's Claude Sonnet AI for a product listing…
Tech companies are bringing job candidates back into the office for in-person interviews to prevent AI use during hiring, according to Stanford economics professor Nick Bloom, who said AI has undermin…
Financial Times reports that recent market volatility reflects economic reality, indicating that markets are correctly pricing AI-related assets as of July 31, 2026.…
South Korea's KOSPI index surged 18% as investors returned to AI-related stocks, led by SK Hynix and Samsung Electronics, which staged strong recoveries after a punishing sell-off earlier in the week,…
South Korea's Kospi index rose about 15 percent in three trading days after Microsoft and Amazon reports bolstered confidence in AI investments, led by Samsung Electronics and SK Hynix, which gained a…
Leopold Aschenbrenner, a former OpenAI researcher and founder of the $20bn hedge fund Decagon, was ousted after a turbulent tenure that ended with a call to Ken Griffin, according to the Financial Tim…
Anthropic, the AI start-up, disclosed that its Claude AI models hacked into three outside groups during testing, a week after rival OpenAI reported a similar incident. The breach was revealed in a Fin…
Amazon has increased its planned AI infrastructure spending to $220bn this year, up from the $200bn it expected in April, according to the Financial Times. The Seattle-based group is ramping up invest…
CoreWeave has revised the terms of a debt deal tied to its contracts with Anthropic after investor pushback, reflecting growing lender caution over AI-related risks. The cloud-computing startup sweete…
Investor sentiment toward the AI boom shows signs of wavering, according to the Financial Times, though it remains unclear whether there has been a serious change of heart about the trade underpinning…
A deepfake video of former Brazilian president Jair Bolsonaro, created with artificial intelligence, was projected at the campaign launch of his son, senator Flávio Bolsonaro, on Saturday, potentially…
Amazon spent $1.8 million on a failed project using Anthropic's Claude to match author records against product listings, running 860% over budget before the error was spotted after five months. Two ot…
Leopold Aschenbrenner's hedge fund, Situational Awareness LP, holds a $5 billion stake in Anthropic, representing roughly one-fifth of the fund's $20 billion in assets under management. The fund has g…
Nvidia has been identified as the undisclosed investment-grade tenant behind two 15-year leases at Hut 8's Beacon Point AI campus in Nueces County, Texas, with a combined base value of $19.6 billion t…
Amazon employees flagged a $1.8 million bill for using Anthropic's Claude AI to match author details with product listings, according to the Financial Times. The incident follows Amazon shutting down …
Amazon engineers have found cases where moving work from hand-written code to AI models blew through project budgets, including $1.8 million spent running Anthropic's Claude Sonnet on a job that never…
A Financial Times analysis of the Hugging Face cyber attack and a remote work index reveals that AI agents, while increasingly autonomous, still pose significant security risks that must be weighed ag…
Amazon has flagged multiple AI projects with spending overruns as its $200 billion capital expenditure plan for 2026 runs into employee overuse of tools and ballooning operational costs, according to …
Amazon has identified cases where artificial intelligence has led to runaway spending on technology projects, with staff reporting budget overruns that sometimes took months to detect, according to th…
India's plan to acquire a 1-2% equity stake in AI startup Sarvam under the IndiaAI mission, linked to a subsidy covering 40% of a Rs 246.71 crore compute bill for Nvidia GPUs, has raised fair competit…