Xi pitches open-source AI to BRICS as Beijing weighs curbs on its own models
Artificial Intelligence
China’s data regulator plans standards for embodied AI, ten days after industry asked
Artificial Intelligence
Sam Altman backs Dario Amodei’s call to slow down, and says OpenAI will do the same
Artificial IntelligenceLatest news
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
Z.ai raises $5bn in Hong Kong including $3bn of zero-interest bonds
Buyers of the convertible bonds accepted a yield of between minus 0.5 percent and zero in exchange for the right to convert into shares at a 25 percent premium.
ARTIFICIAL INTELLIGENCE
Abu Dhabi says $100bn of AI capital sits in its financial centre. Its own announcement cannot decide whether that money is held there or spent.
Nearly half the figure is one state-backed fund. The category also stretches to cover a reinsurance agreement.
BUSINESS
Elon Musk’s quietest investor has built a $40B SpaceX stake
Vy Capital, a Dubai firm with four people on its investment team, owns about 3.4% of SpaceX, more than Sequoia holds and more than twice what Europe is spending to escape Starlink
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