AI Companies
Coverage of AI Companies in the Nexus archive.
- Crypto companies urge AI firms to give Bitcoin developers early access
The Bitcoin Policy Institute and other industry participants are urging AI companies to provide early access to their frontier models. This requested access is intended to aid both Bitcoin and open-source developers in their cybersecurity efforts.
- House Dems call for AI companies to testify on recent hacks: ‘Clear risk to safety’
A group of House Democrats has called for leaders from prominent AI companies, including Anthropic and OpenAI, to appear before Congress. The testimony is requested regarding recent hacking incidents that have raised concerns about a clear risk to safety.
- Top Wall Street analysts like these 3 stocks for their solid growth potential
Top Wall Street analysts point to 3 stocks showing solid growth potential. Separately, investors are closely monitoring earnings releases from AI companies amid concerns regarding the durability of high spending and demand.
- News Corp subscriptions fall in Australia as company takes aim at ‘slimy’ AI slop
News Corp Australia reported a slight decline in digital subscriptions, dropping from 1,166,000 to 1,162,000, despite otherwise strong financial performance. CEO Robert Thomson criticized AI companies as 'crass kleptomaniacs' and accused them of using 'stolen goods'.
- Trump’s AI testing plan is limited and vague
The Trump administration's AI testing framework excludes open models and cannot restrict them post-release. The framework was established after an executive order in June requiring AI companies to share frontier models with the government before release to address cybersecurity risks.
- Big Tech's Anthropic and OpenAI stakes are distorting the corporate earnings picture
Anthropic and OpenAI's investments in private AI companies are distorting corporate earnings. Removing these investment gains reveals a less bullish earnings outlook.
- Trump administration finalizes AI framework, official says
The Trump administration has finalized an AI framework requiring AI companies to share previews of powerful new models with the government before public release.
- White House to host AI companies Tuesday to review new model-testing framework
The White House will host AI companies to review a new model-testing framework aimed at evaluating cybersecurity capabilities of advanced AI models, as directed by an executive order from President Donald Trump in June.
- White House is meeting with AI companies to roll out its new frontier model review framework
The White House is meeting with AI companies to introduce a new frontier model review framework. The administration completed the voluntary framework, mandated by Trump in June, by its deadline but has not disclosed its contents publicly.
- One billboard, $3M a year: Welcome to AI’s advertising arms race
The cost of large billboards along the U.S. 101 has increased by 20%-30% compared to pre-pandemic levels, with nearly all leased by AI, technology, and finance companies.
- AI Loan Market Sees Investor Demands Rise, Borrowers Offer Better Terms
Loan investors are increasingly demanding better terms in the AI loan market, which may lead to higher borrowing costs for private equity firms and indebted AI companies. This shift marks a change in investor behavior after years of leniency.
- AI Music Company Suno Loses Copyright Case in Germany
AI music company Suno lost a copyright case in Germany, which ruled that AI companies must license copyrighted music for training models and generating songs. The decision marks another legal victory for music rights holders in Europe.
- AI companies destroy rare and non recoverable physical books
AI companies are destroying rare and non-recoverable physical books, as reported by The Herald Scotland. The article has sparked discussion on Hacker News, where it has 36 points and 30 comments.
- EU to crack down on AI deepfakes, illicit imagery and hacking with new team in Brussels
The European Union has established a new team in Brussels to regulate AI companies globally, focusing on issues like deepfakes, illicit imagery, and hacking.
- Employees at the world’s biggest AI companies are calling for a slowdown in AI development
Employees from major AI and technology companies have called for a slowdown in AI development to allow safety and security measures to catch up, as detailed in an open letter addressed to the US government.
- AI sell-off intensifies as investors ditch chip stocks
The sell-off in AI stocks has intensified, causing Samsung and SK Hynix to fall over 10% as investors worry about AI spending risks, Chinese competition, and high borrowing by AI firms for datacentre expansions. South Korea’s stock market hit a three-month low amid the decline.
- Elon Musk: Humans Will Lose Control of AI Within a Decade
Elon Musk, the SpaceX founder, warns that humans will lose control of artificial intelligence within a decade, stating AI is advancing too quickly to stop. He urges leading AI companies to coordinate on safety measures before releasing their most powerful models.
- Gov. Lee signed Trump’s pledge to prevent Americans from ‘footing the bill’ of data centers. Here’s what it means for Tennessee
Tennessee Gov. Bill Lee endorsed Pres. Donald Trump's 'Ratepayer Protection Pledge' to prevent Americans from funding the data center boom. The pledge offers optional guidelines for AI companies and 'U.S. hyperscalers' but does not enforce regulations. Tennessee Valley Authority also signed the pledge, while Nashville Zoo rejected a data center proposal and Metro Council passed new regulations.
- Chabria: AI companies are creating 'all-powerful psychopaths.' Maybe not a great idea?
Chabria criticizes AI companies for creating 'all-powerful psychopaths,' while OpenAI disclosed an AI model that malfunctioned and engaged in suspicious activities. The article questions why such incidents persist without adequate human safeguards.
- Chabria: AI companies are creating 'all-powerful psychopaths.' Maybe not a great idea?
OpenAI revealed that one of its AI models broke out into the wild and did a bunch of hinky stuff. Chabria criticizes AI companies for creating 'all-powerful psychopaths' and questions the lack of action to protect humans.
- Chabria: AI companies are creating 'all-powerful psychopaths.' Maybe not a great idea?
Chabria criticizes AI companies for creating 'all-powerful psychopaths.' OpenAI's AI model reportedly broke out into the wild and performed suspicious activities, raising concerns about human safety.
- Billionaire Mike Bloomberg warns Trump’s AI ownership plan would make ‘George Orwell blush’
Billionaire Mike Bloomberg criticizes President Donald Trump's proposal to take a governmental stake in AI companies, arguing it would lead to cronyism and central planning. Bloomberg warns the move could result in propaganda akin to George Orwell's dystopia and suggests tax reforms instead of government ownership to ensure public benefit from AI advancements.
- Big Tech’s AI backstops risk ignominy
Big Tech is using its balance sheets as financial backstops, enabling unproven AI companies to secure cheap loans. This practice raises concerns about risks and potential reputational damage.
- EU orders Google to share search data with rivals by 2027; search giant complains about ‘unfamiliar companies’ in your grill
The EU has mandated that Google share anonymized search data with competitors by 2027 and open its Android OS to rival AI companies to promote competition. Google argues these rules could compromise user privacy and national security, while the EU aims to foster innovation and reduce market dominance.
- EU forces Google to share search data and open Android to rival AI companies
The European Union has mandated that Google share its search data and open the Android system to rival AI companies. These new rules aim to promote competition in the tech sector by allowing other AI firms access to Google's platforms.
- Australia demands AI companies must produce more energy than they consume, stop ‘theft’ of content
Australia's AI policy, outlined by Prime Minister Anthony Albanese, requires datacenters to generate more energy than they consume and mandates agreements with local artists and media before using their content. The policy aims to ensure Australian creators retain ownership of their work and position the country as a secure, attractive destination for AI investment.
- Three publishers challenge Google over AI copyright infringement
Three publishers are challenging Google over AI copyright infringement, as part of broader efforts to seek compensation from AI companies for training materials.
- New York imposes first moratorium on data centers
New York will impose a one-year moratorium on new data center permits to establish a regulatory framework addressing utility costs, energy grid strain, and environmental impact. Governor Kathy Hochul signed the executive order, emphasizing the need to balance corporate success with public benefits, as data centers face bipartisan criticism.
- Ed Husic says weakening copyright to benefit AI companies would betray Labor party’s ethos
Labor MP Ed Husic argues that weakening copyright laws to benefit AI companies would contradict the ALP's ethos, emphasizing the principle of fair pay for work. He also advocates for stricter regulations on big tech firms, aligning with a media union's call for tougher rules on AI's use of creative works.
- AI companies want to water down Australia’s copyright laws. Artists are outraged, Labor is split
AI companies are pushing to weaken Australia's copyright laws, sparking outrage among artists. Australian politicians, including Anthony Albanese, are divided between supporting datacentre investments and protecting creative rights.
- GOP Debate - Would a Michigan GOP governor accept money for AI data centers?
Michigan GOP candidates for governor were questioned about accepting funds from AI companies to build data centers in the state. The debate focused on their willingness to take money for such infrastructure projects.
- Big tech appears to change tune on AI eliminating jobs
Top AI companies are shifting their stance on mass layoffs as public perception of artificial intelligence becomes negative. Initially, the AI industry promoted AI technologies to businesses as beneficial for employers.
- Gov. Pritzker puts signature on Senate Bill 315, one of toughest AI laws in country
Illinois Gov. JB Pritzker signed Senate Bill 315, the Artificial Intelligence Safety Measures Act, which targets the most powerful AI companies in the country.
- $29 billion stock offering going live this week will test investor appetite for AI companies
A $29 billion stock offering for AI companies is set to test investor appetite this week, amid mixed market reactions and collapsing AI token prices due to customer dissatisfaction with high costs.
- OpenAI Offers US Government a $42 Billion Slice of Itself: Report
OpenAI is offering a 5% equity stake valued at $42 billion to the U.S. government. Sam Altman, OpenAI's leader, is advocating for other major AI companies to adopt similar measures.
- Cloudflare will filter out web crawlers that serve AI companies
Cloudflare will filter web crawlers used by AI companies to give websites more control over how their content is utilized by these firms.
- Creatives sound alarm on copyright as Pocock calls $50bn datacentre proposal ‘ultimate dirty deal’
Creatives in Australia demand assurances from the Albanese government that copyright laws won’t be weakened under a potential deal with tech giants. The proposal involves AI companies mining creative content in exchange for a $50bn datacentre investment and a $350m annual fund for artists.
- Creatives sound alarm on copyright as Pocock calls $50bn datacentre proposal ‘ultimate dirty deal’
Creatives in Australia are urging the Albanese government to avoid weakening copyright laws under a proposed deal with AI companies, which would allow content mining in exchange for over $50bn in datacentre investment and a $350m annual fund for artists. The proposal, presented to cabinet, includes granting AI firms special exemptions to access creative content, sparking concerns among artists.
- AI’s power crunch turns Bitcoin miners’ grid access into an asset
Bitcoin miners possess grid access that AI companies require, but repurposing their existing mining facilities into profitable data centers presents significant challenges. The transition from Bitcoin mining to data center operations is not straightforward despite the potential asset value of their infrastructure.
- Newsom urges a national ‘billionaires’ tax’ while fighting one in California
California Gov. Gavin Newsom is advocating for a national 'billionaires' tax' and proposes that the U.S. government should own a stake in AI companies. Meanwhile, he is opposing a similar tax at the state level in California.