Trump calls the people asking to slow AI down a negative force
Artificial Intelligence
Xi pitches open-source AI to BRICS as Beijing weighs curbs on its own models
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INVESTORS AND FUNDING
HelmGuard raises $7.3m to replace compliance paperwork with AI agents
London startup HelmGuard has raised $7.3m in a seed round co-led by Infinity Ventures and Frontline. Its AI agents collect risk data directly from company systems instead of relying on questionnaires. The money will fund US expansion, hiring and a layer that checks how AI agents behave.
INVESTORS AND FUNDING
Intrepid Growth Partners closes a $525m AI fund with state money from four countries
More than 80 limited partners include Temasek, Abu Dhabi Investment Council, the British Business Bank and two Canadian Crown corporations. The UK and Canadian AI ministers both went on the record for the launch.
BUSINESS
Automattic says Mullenweg is CEO again, three days after removing him
Automattic's board put Matt Mullenweg on paid leave on Wednesday and made its CFO interim chief executive. By Saturday the company said Mullenweg is chairman and CEO with the board's full support. It has not explained either decision. He calls it his fifth coup attempt.
GOVERNMENT AND POLICY
A Senate bill would let Washington block AI models, Reuters reports
Senate negotiators want a duty of care for AI developers, and the power to block an unsafe model's release. The draft would also override state AI laws. The fight is over who runs the safety tests. No text has been published.