OpenAI targets 100 billion dollars in new funding round

OpenAI aims to raise up to 100 billion dollars in a new funding round that could value the startup at 830 billion dollars. Kate Clark and Berber Jin report for The Wall Street Journal that the company needs this capital to fund its expansion. This fundraising effort comes at a time when the initial public …

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Disney accuses Google of massive copyright infringement through AI systems

Disney has sent a cease-and-desist letter to Google, alleging that the tech giant is using artificial intelligence to infringe copyrights on a massive scale. Todd Spangler reports for Variety. The entertainment company claims Google copies Disney’s copyrighted works without authorization to train generative AI models. Disney also alleges that Google uses these models to distribute …

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UK: AI-generated hoax image halts train services after earthquake

A suspected AI-generated image showing false damage to a railway bridge halted 32 trains following an earthquake in Lancashire and the southern Lake District. The BBC reports that Network Rail stopped services across Carlisle Bridge in Lancaster at 00:30 GMT on Thursday after the manipulated picture appeared on social media. A BBC journalist analysed the …

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ChatGPT referrals to shopping apps grew 28 percent over Black Friday weekend

ChatGPT is becoming a more significant source of traffic for online retailers. According to a new analysis, referrals from ChatGPT to retailer mobile apps increased by 28 percent year-over-year during the Black Friday shopping weekend. Sarah Perez reports for TechCrunch, citing data from the mobile insights firm Apptopia. The report shows that this growth disproportionately …

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HSBC and Mistral team up in major AI deal for banking

The banking giant HSBC has signed a deal with the French artificial intelligence company Mistral. The partnership will give HSBC access to Mistral’s generative AI models. Ortenca Aliaj reports for the Financial Times that the collaboration reflects a broader trend of traditional lenders adopting new technologies to boost productivity and lower costs. HSBC and Mistral …

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Sam Altman issues ‘code red’ as Google’s Gemini threatens ChatGPT’s dominance

OpenAI is facing significant competitive pressure, primarily from Google’s new AI model, Gemini 3. In an internal memo, OpenAI’s chief executive Sam Altman declared a “code red” to improve ChatGPT, telling staff the company is at a “critical time.” He warned that the launch of Gemini 3, which has outperformed rivals on several benchmarks, could …

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NYU researchers develop AI architecture for faster, higher-quality image generation

Researchers at New York University have created a new AI architecture that generates higher-quality images more efficiently. Ben Dickson reports for VentureBeat that the model, called Representation Autoencoders or RAE, improves an AI’s understanding of image content, which leads to better results. The new method challenges common practices in building diffusion models, the technology behind …

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Warner Music Group and AI music generator Suno end lawsuit with partnership deal

Warner Music Group has announced a partnership with the AI music generator Suno, settling a previous copyright infringement lawsuit. Murray Stassen reports for Music Business Worldwide. The two companies will collaborate on developing new licensed AI music models. According to the announcement, the deal gives artists and songwriters full control over the use of their …

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AI music platform Suno raises $250 million for ambitious expansion

The AI music platform Suno has raised $250 million in a new funding round, bringing its valuation to $2.45 billion. Kristin Robinson reports for Billboard, citing an investor pitch deck that outlines the company’s rapid growth and future plans. Suno claims its users create a volume of music equivalent to Spotify’s entire catalog every two …

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