OpenAI spins out DeployCo with $4B funding to embed AI engineers directly into enterprises

Elon Musk’s lawyer argued that Microsoft’s Satya Nadella played a role in getting Mr. Altman his job back at OpenAI when he was briefly fired in 2023.

ERNIE 5.1 hits the top of Chinese AI leaderboards while spending a fraction of what rivals do. Baidu calls it a "parameter efficiency" leap.

May 11, 2026 — In managing airport traffic, small errors can cause catastrophe. Today at a NASA symposium in Los Angeles, a group from the CMU Robotics Institute’s AirLab reported using […] The post PSC Bridges-2 Helps Train AI to Predict and Explain Airport Collision Risks appeared first on AIwire.

The International Monetary Fund (IMF) is warning that AI could become a growing threat to global financial stability by making cyberattacks faster and more sophisticated. In a new analysis, the organization describes how new AI tools can help attackers identify and exploit security vulnerabilities in banks, payment systems, and cloud services in record time. According to the IMF, the financial sector relies heavily on shared digital infrastructure, which means a single vulnerability could have consequences for multiple institutions simultaneously. AI-driven attacks might, for instance, lead to disruptions in payment systems, liquidity problems, and reduced confidence in the financial market. The IMF points, among other things, to Anthropic’s experimental AI model Claude Mythos Preview to illustrate how quickly AI technology is progressing. The model is reported to be highly skilled at finding and exploiting security vulnerabilities in major operating systems and web browsers. At the s

IREN has signed a $3.4 billion IREN Nvidia deal to deploy up to 5 gigawatts of AI infrastructure over five years. Bitcoin miner turned AI infrastructure provider IREN has announced a five-year, $3.4 billion AI cloud contract with Nvidia, alongside…

The offshoot enables the vendor to address the challenges enterprises face when deploying AI technology.

The Office of the Comptroller of the Currency (OCC) has granted Augustus conditional approval to establish Augustus Bank, N.A., a clearing bank built from the ground up around stablecoin and artificial intelligence (AI) infrastructure. Augustus Clears First OCC Hurdle for AI Clearing Bank The New York-based company, formerly known as Ivy, announced the conditional approval […]

Can AI save us from the AI industry’s endless thirst for water? Outlook not so good.