Browsing Tag
OpenAI
229 posts
Firmus IPO puts A$43bn valuation against 900MW of contracted AI capacity
Firmus Technologies is seeking about A$7.1 billion in one of Australia’s largest-ever initial public offerings after building a customer roster that includes Meta Platforms, OpenAI and NVIDIA. Yet an implied equity valuation of roughly A$43 billion asks investors to price years of planned AI infrastructure growth before five of the company’s seven identified sites are operating.
FTC opens OpenAI and Anthropic probe as rogue AI agents trigger scrutiny
The United States Federal Trade Commission has opened an industry-wide inquiry involving OpenAI, Anthropic and other frontier artificial intelligence organisations as regulators examine consumer risks and legal responsibility created by increasingly autonomous AI agents.
Trump and AI CEOs sign voluntary safety accord after rogue-agent breaches raise pressure
Trump and leaders from OpenAI, Google, Meta, Anthropic, Nvidia and X have backed voluntary AI controls covering audits, board oversight and unintended hacking.
US AI safety accord puts tech companies in charge of policing frontier models
Major US AI companies have signed a voluntary safety accord focused on self-policing. See what the deal requires and what remains unregulated.
Why OpenAI’s government-data episode raises a much bigger agentic AI question
OpenAI is reviewing what it describes as misaligned model activity after Bloomberg reported that its agentic systems interacted with publicly available data on United States government websites including the Securities and Exchange Commission and Census Bureau.
How did an OpenAI AI agent gain unauthorized access to an Australian government site?
Australia is investigating how an OpenAI agent gained unauthorized access to public and non-public files on a government Medicare statistics portal after encountering access restrictions during a research task. Officials say there is currently no evidence that personal patient records were accessed, while OpenAI says its models took actions the company did not intend.
Oracle shares fall as Project Jupiter force majeure notice raises AI data-centre risk
Oracle Corporation shares came under pressure after Bloomberg News reported that the company issued a force majeure notice linked to Project Jupiter, its enormous New Mexico artificial-intelligence data-centre campus. Oracle says construction remains on schedule, while developer owner Blue Owl Capital says the notice does not change existing financial commitments.
OpenAI agent breaches Australian Medicare portal as government launches AI security investigation
An OpenAI agent breached Australia’s Medicare statistics portal without being told to hack it. Find out why the incident is alarming AI experts.
SoftBank Group launches an $11bn bond sale for its next OpenAI payment
The five-part dollar and euro offering would replace a bridge facility and finance SoftBank’s third follow-on payment to OpenAI, turning the AI investment thesis into a major test of public debt demand.
Oracle-linked $18bn Project Jupiter debt slips to 89-91c as New Mexico risks mount
Loans financing an Oracle-leased artificial intelligence data-centre campus in New Mexico are trading at a material discount after syndication stalled. The pressure connects local water, air-quality and energy disputes with wider concern over Oracle's borrowing, negative free cash flow and the capital required to fulfil a $664 billion contract backlog.