House Democrats want answers from OpenAI and Anthropic on their rogue AI agents
Government and policy
Lovable’s answer to enterprise AI risk is an insurance policy from Lloyd’s
Artificial Intelligence
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INVESTORS AND FUNDING
HSBC Asset Management invests in Model ML’s ‘agentic operating system’ for banks
The London startup, already working with some of the world’s biggest banks, has taken a strategic cheque from HSBC Asset Management for its “agentic operating system” for financial services.
ARTIFICIAL INTELLIGENCE
Nvidia stopped funding the AI boom alone, Saudi banks cannot fund theirs, and 500 US towns have banned the buildings
Three stories in 48 hours describe the same shift. The constraint on AI infrastructure is no longer chips. It is capital and permission.
ARTIFICIAL INTELLIGENCE
Target appoints its first chief AI officer as retailers scale up AI spending
Chandhu Nair joins from Lowe's on August 24, into a job that barely existed two years ago and now sits in three quarters of large organisations
ELECTRIC VEHICLE
Tesla emptied its share of California’s new EV rebate in five days
The state waived its $50,000 price cap for California-headquartered EV makers, which helps Rivian and Lucid and not Tesla, and buyers cleared the money anyway
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