AI & Robotics

Lightspeed is sharpening its India strategy around AI, targeting $250 million for a new early-stage fund as the venture firm bets the technology will drive the next wave of startups in one of the world’s largest markets. The Silicon Valley venture firm is already a major investor in AI companies including Anthropic, xAI, and Databricks. In India, it has backed Sarvam AI, one of the…

An OpenAI model hacked into an Australian government website, the country’s prime minister Anthony Albanese said Wednesday, in the first publicly reported case of an AI model hacking into a government’s systems. Albanese said that there would “obviously be legal consequences” following the breach, and that OpenAI faces a government investigation into how its unreleased…

Greek Prime Minister Kyriakos Mitsotakis came to San Francisco on Monday night to promote Greece, but he also did something that heads of state on trade missions don’t typically do. In front of roughly 250 founders, investors, and operators, he said openly that he doesn’t have answers to many of the AI questions leaders around the world are more privately debating. The prime minister…

When British neocloud Nscale goes public, it will test public investors’ appetite for a stock whose revenue is tied primarily to two customers. Since it was spun out of Australian cryptocurrency mining company Arkon Energy two years ago, Nscale has amassed over $103 billion worth of contracts, according to its IPO filing. But there’s a catch: Most of that, about 85%, comes from a deal…