Alphabet plans to raise $80 billion to fund its artificial-intelligence buildout, the search giant announced. "The company is experiencing strong demand for its AI solutions and services from enterprises and consumers, at levels that are exceeding the company's available supply," Alphabet said in a statement. The capital raise underscores the vast infrastructure investments required to compete in the AI race as demand outpaces supply. Source
Florida sued OpenAI and Sam Altman, the AI company's chief executive, over allegations that ChatGPT played a role in violent incidents, including a shooting at Florida State University. The lawsuit marks the first legal action of its kind linking an AI chatbot to mass violence. Florida Attorney General James Uthmeier alleged that the company and Mr Altman had built a "web of deceit" regarding the safety risks of the technology. Source
Anthropic, an AI company founded as an underdog challenger to larger rivals, filed to go public with the Securities and Exchange Commission. The company has assembled top-tier enterprise customers and now stands as a leading developer of large language models. The confidential filing sets the stage for what could be a massive initial public offering. Source
WindBorne, an artificial-intelligence weather startup, has begun out-forecasting government agencies by combining model-building with proprietary data collection. The company operates about 400 balloons in flight at any given time, launched from 15 sites around the globe, gathering sensor readings that feed into its models. The latest improvements come from advances in how the balloon-collected data is processed and integrated into the forecasting system. Source
Meta's own artificial-intelligence support chatbot was exploited to hijack Instagram accounts, according to reporting by 404 Media. In a video shared on Telegram, a hacker demonstrated how the chatbot could be manipulated to switch the email address tied to another user's account and then reset the password, allowing takeover of high-value handles. Meta said the issue has since been patched. Source