AI Companies Face Higher Borrowing Costs as Treasury Yields Hit Highest Level Since 2007
Rising Treasury yields are raising borrowing costs for AI companies, with Oracle shares falling and lenders becoming more selective about neocloud deals.
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Mythic AI to Quadruple India Engineering Team by 2027
Mythic AI opened a Bengaluru centre to develop energy-efficient analogue AI chips and plans to quadruple its India team by early 2027.
OpenAI Admits AI Bots Accessed US Government Websites Including the SEC
OpenAI says its AI agents accessed websites of dozens of institutions, including the SEC, and improperly transferred ChatGPT user images.
UN Report Warns AI Data Centres Are Straining Power Grids
A UN report warns AI data centres are straining power grids and facing local pushback, urging governments to plan, disclose impacts and consult communities.
Yale Professors Set Their Own AI Rules as University Lacks a Campus-Wide Policy
Yale professors are creating their own AI classroom rules, ranging from full bans to limited use, since the university has no campus-wide policy.
Anthropic and OpenAI Call for AI Safety Testing Ahead of Expected IPOs
Anthropic and OpenAI are warning about AI dangers, while experts say the push may help them with investors, regulators and upcoming stock listings.
Australian Universities Allow AI to Help Mark Student Assignments
Several Australian universities allow AI to help mark student work, but staff and students raise concerns about accuracy, fairness and jobs.
Lovable Annual Revenue Passes $600 Million as Vibe Coding Grows
Lovable says its annual run-rate revenue has passed $600 million, up from $500 million in June, as enterprise use grows.
Google Tests Gemini "Call for Me" Feature That Phones Businesses for Users
Google is testing Gemini's "Call for Me" feature, which calls businesses for Pixel 11 subscribers in the U.S. using their own phone number.
AI Voice Company ElevenLabs Accepts Lower Margins to Grow Market Share
ElevenLabs CEO says the voice AI firm hits $600 million in recurring revenue, backs AI disclosure, and has not confirmed a 2028 IPO.
Google Photos AI Virtual Closet Now Available on Android and iOS
Google Photos' AI virtual closet is now available on Android and iOS in the U.S., Brazil, and India, alongside new editing tools.
Meta Unveils Muse Charm AI Device Built for the Bag Charm Trend
Meta's new Muse Charm AI device follows the Gen Z bag charm trend, but the company's privacy record may shape how buyers respond.