Companies

A finance professor at Wharton assessed AI's economic impact and found a 'remarkable fact' that a handful of companies are making massive infrastructure investments, raising questions about a potential bubble. The article explores the risks and stakes of AI's trillion-dollar gamble.

Business • MIT Technology Review

Sky News technology correspondent Rowland Manthorpe explains the economic and geopolitical forces that make slowing down the AI race so difficult. Using the analogy of Prozac and generic drugs, the video shows why AI companies feel trapped in relentless competition between the US and China.

AI Economics • Sky News

Emails from Microsoft and OpenAI, cited by Ars Technica, show a Microsoft executive describing AI scraping as "the largest theft of labor in human history" and expressing fears that AI could create a "doom loop" that destroys news organizations. The comments underscore escalating copyright disputes between AI companies and content creators.

AI Policy • Ars Technica

After a summer of rogue AI agent incidents and researcher warnings, several leading US AI companies are publicly calling for a slowdown in superintelligence development. The shift marks a retreat from the "move fast and break things" ethos that dominated early AI work.

AI Safety • The Verge

Magentic • Series A

Magentic, a provider of AI-powered digital workers for industrial companies, raised $18 million in Series A funding led by Felicis to automate industrial operations.