Category: Business

President Trump announced that the United States’ stance on intellectual property and AI would be a “commonsense application” that does not force AI companies to pay for each piece of copyrighted material used in training frontier models. “You can’t be expected to have a successful AI program when every single article, book, or anything else […]

OpenAI is seeking capital from new and existing investors, two people familiar with the company’s plans tell WIRED. The fundraising effort is part of a $40 billion round announced in March. The round will reopen on Monday, July 28, according to one of the sources, who has direct knowledge of the fundraising effort. The $40 […]

Cantor Fitzgerald, a financial services company led by the sons of US commerce secretary Howard Lutnick, is creating a way for investors to bet that President Donald Trump’s signature tariffs will be struck down in court. Traders at the firm’s investment banking subsidiary, Cantor Fitzgerald & Co., say they have the capacity to buy the […]

OpenAI researcher Jason Wei is joining Meta’s new superintelligence lab, according to multiple sources familiar with the matter. Wei worked on OpenAI’s o1 and deep research models, according to his personal website. He joined OpenAI in 2023 after a stint at Google, where he worked on chain-of-thought research, which involves training an AI model to […]

Dean Leitersdorf introduces himself over Zoom, then types a prompt that makes me feel like I’ve just taken psychedelic mushrooms: “wild west, cosmic, Roman Empire, golden, underwater.” He feeds the words into an artificial intelligence model developed by his startup, Decart, which manipulates live video in real time. “I have no idea what’s going to […]

“Competition will be fierce,” says Christian Catalini, founder at MIT Cryptoeconomics Lab and cocreator of Diem, the now-defunct stablecoin project funded by Meta. “You will see many more issuers enter the market and compete. Many of those issuers will be more traditional banks and fintechs.” Crypto advocates argue that stablecoins will strengthen the US Dollar […]

WIRED contacted Huawei to ask about its potential role in the subsidies. Huawei did not comment in time for publication. One of the earliest subsidies appeared online in March, when the Commerce Bureau of Shenzhen Longgang District—the district where Huawei’s headquarters are located—posted that local car buyers can get up to 4,000 RMB (about $560) […]

A new kind of artificial intelligence agent, trained to understand how software is built by gorging on a company’s data and learning how this leads to an end product, could be both a more capable software assistant and a small step toward much smarter AI. The new agent, called Asimov, was developed by Reflection, a […]

Thinking Machines Lab, an artificial intelligence company founded by top researchers who fled OpenAI, has raised a record $2 billion seed round that values the fledgling firm at $12 billion. The funding round was led by Andreessen Horowitz and included Nvidia, Accel, Cisco, and AMD—among others. The mammoth investment reflects the ultracompetitive race to build […]

General Motors has just announced its latest and likely final piece in what now appears to be a three-pronged cell-chemistry strategy to power GM’s lineup of a dozen EVs through the end of the decade and beyond. GM has stated today it will build low-cost lithium iron phosphate (LFP) battery cells in Spring Hill, Tennessee, […]