AI

Meta Reaches $18 Billion Settlement in Teen-Safety Trial

Meta Reaches $18 Billion Settlement in Teen-Safety Trial

Key Takeaways: Meta has reached a reported $18 billion settlement in a social media case brought by state attorneys general, resolving a significant legal dispute over how Instagram and Facebook affect younger users. The agreement emerged during the second week of proceedings after the case went to trial in August

Dell Technologies Sets $74 Billion AI Server Target After Order Rush

Dell Technologies Sets $74 Billion AI Server Target After Order Rush

Key Takeaways: Dell Technologies raised its annual revenue and profit forecasts for the second time this year as demand for AI-optimized servers continued to accelerate. The Round Rock, Texas-based company’s shares gained around 8% in extended trading following the results, adding to a rally that has seen the stoc

AIR Security Raises $50M to Police Enterprise AI Agents

AIR Security Raises $50M to Police Enterprise AI Agents

Key Takeaways: Enterprise AI agents are moving beyond answering questions. They can browse websites, execute code, access business systems, and take actions with limited human involvement. That creates a thorny security issue: What happens when an approved agent connects to an untrustworthy tool? Israeli cybersecu

Simons Foundation Opens $6 Million Empire AI Research Program

Simons Foundation Opens $6 Million Empire AI Research Program

Key Takeaways: The Simons Foundation has opened a $6 million funding opportunity designed to push New York State researchers toward more computationally ambitious uses of artificial intelligence. Called “Utilizing the Full Power of Empire AI,” the request for applications will support two-year programs in computat

Carlisle School District Escalates AI Image Post to Law Enforcement

Carlisle School District Escalates AI Image Post to Law Enforcement

Key Takeaways: Carlisle School District contacted Arkansas State Police, local police and its school resource officers after a disturbing social media post used an AI-generated image of Carlisle High School. The image showed the school building at night, with a Cat in the Hat figure and two trash cans nearby, acco

Nvidia Commits $3.5 Billion to Expand MediaTek AI Chip Alliance

Nvidia Commits $3.5 Billion to Expand MediaTek AI Chip Alliance

Key Takeaways: MediaTek shares hit Taiwan’s daily 10 per cent trading limit within minutes on Tuesday after Nvidia committed $3.5 billion, roughly KES 452 billion, to the Taiwanese chipmaker’s convertible bonds. Nvidia’s participation anchors a $3.9 billion offshore convertible offering, valued at about KES 503 bi

War Department Adds Starshield AI's Grok to GenAI.mil

War Department Adds Starshield AI's Grok to GenAI.mil

Key Takeaways: The War Department has launched Starshield AI's Grok for Government on GenAI.mil, broadening the generative artificial intelligence capabilities available to its personnel. The addition advances a wider effort to develop an AI-first workforce and apply commercial AI systems to mission-focused govern

Kevin Warsh Poses Nine AI Questions for Federal Reserve Review

Kevin Warsh Poses Nine AI Questions for Federal Reserve Review

Key Takeaways: Federal Reserve Chairman Kevin Warsh has put artificial intelligence more firmly on the central bank’s policy agenda, raising nine questions about how the technology could affect productivity, labor and capital formation. In remarks at Jackson Hole, Warsh described AI as a “general purpose technolog

Greg Abbott Blocks Texas Agency Funding for Flock Safety Cameras

Greg Abbott Blocks Texas Agency Funding for Flock Safety Cameras

Key Takeaways: Texas Gov. Greg Abbott has ordered state agencies to pause funding for Flock Safety’s AI-powered cameras, adding state-level pressure to a widening municipal backlash against automated license plate readers, or ALPRs. Abbott spokesperson Andrew Mahaleris said almost all Flock Safety cameras in Texas