Worries over data center and chip costs drove AI stocks sharply lower on Thursday, dragging markets down worldwide. The S&P 500 lost 1.2% and the Nasdaq 2.6%, even though most US stocks outside tech actually rose.
OpenAI is close to finalizing a funding round of up to $30 billion at a $1.25 trillion valuation, led by investors from the UAE, CNBC reports. The round is meant as a bridge to the company's planned 2027 IPO.
Wired interviews the founders of the Aged Intelligence Society, a fast-growing events startup that gathers women to tackle midlife problems with frontier AI tools.
Le Figaro reports that French video game developers are widely adopting AI tools, especially to generate code. The issue is explosive in an industry made up largely of creative staff, where jobs are getting scarcer.
A session from MIT Technology Review's EmTech Future conference looks at what it takes to scale AI in a heavily regulated sector. It argues that data, engineering, platforms, operating models and governance have to work together.
The Defense Logistics Agency has awarded Leidos a five-year, $95 million contract to bring AI automation and cloud tools to ELMS, the Pentagon system tracking more than 80 million items of government property. Leidos has supported the system for over 21 years.