CERN and Mistral plan an AI foundation model for particle physics
Artificial Intelligence
Nvidia’s Huang says CoreWeave needs no backstop, as its credit swaps hit a record
Artificial Intelligence
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FINTECH AND ECOMMERCE
Ramp passes $2bn in revenue as its Europe chief confirms the $60bn round
At its new valuation, Ramp says it is cash-flow positive and saves 85,000 businesses over $1bn a month. Its UK arm, live since September, adds more than 100 customers a month.
ARTIFICIAL INTELLIGENCE
RapidCanvas raises $29M to build and run AI apps for enterprises
Vertex Ventures SEA & India led the Series B, which brings the Austin startup's total funding to $52.5M.
FUTURE OF WORK
Kroger will cut 37% of its corporate workforce as it leans on technology
Greg Foran, the former Walmart executive now running the US grocer, told staff the company carries too much overhead. An analyst says the savings may take only cents off a basket.
UK
MI5 opens an AI threat centre as OpenAI tells MPs more incidents may come
Ken McCallum says terrorists are already trying to use AI, and bioweapons worry him most. The same day, OpenAI told MPs more rogue AI incidents may come to light.
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