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The UK government has created a Sovereign AI investment fund with up to £500 million (US$675 million) to spend on turning UK startups into national AI champions. Its support could involve investments of up to £20 million per startup, or provision of up to 1 million GPU-hours of AI compute, and fast-tracking of visas to bring skilled workers to the UK. The multi-million-pound budget sounds impressive, but it’s just 0.08% of OpenAI’s recent $852 billion valuation. That company just received fresh investment of $122 billion, dwarfing the UK’s sovereign fund. Closer to home, that £500 million would buy about 5% of French AI startup Mistral, which has achieved its success by offering a European alternative for businesses that do not want to use American or Chinese AI providers. The UK government does not have a great record when it comes to investing in national IT champions. In the 1960s and 1970s, the government ran the National Enterprise Board which provided funding to new technology co
Read full articleThe multinational mission underscores a shift towards collaborative maritime security, potentially stabilizing global oil trade routes. The post UK, France to lead multinational mission for Hormuz ship escorts appeared first on Crypto Briefing.
The post OpenAI president’s private journal entries read aloud in Elon Musk lawsuit appeared on BitcoinEthereumNews.com. A private journal kept by OpenAI President Greg Brockman is now courtroom evidence, and its contents are exactly as awkward as you’d expect when someone’s personal reflections about getting rich collide with a company that was founded to benefit humanity. The diary entries, which span roughly a decade of internal deliberations at OpenAI, were read publicly during the ongoing trial between Elon Musk and the AI company. They detail Brockman’s thinking about transitioning OpenAI from a non-profit to a for-profit entity, including estimates of a pathway to $1B in personal net worth amid a $30B company valuation. What the journal actually says The entries were originally submitted as sealed evidence in October 2025 before being publicly unsealed in January 2026. They cover years of internal debate at OpenAI about the organization’s structure, its financial trajectory, and
The revelations could undermine trust in AI ethics and transparency, impacting investor confidence and regulatory scrutiny in tech and crypto sectors. The post OpenAI president’s private journal entries read aloud in Elon Musk lawsuit appeared first on Crypto Briefing.
The post OpenAI president’s journal entries emerge in Musk lawsuit, rattling Worldcoin appeared on BitcoinEthereumNews.com. Nothing says “for the benefit of humanity” quite like a private journal entry about becoming a billionaire through AI dominance. That’s essentially the scene playing out in a federal courtroom, where OpenAI President Greg Brockman was asked to read aloud from his own 2017 journal during the ongoing Elon Musk v. OpenAI trial. The entries, which Musk’s legal team introduced as evidence, depict Brockman’s aspirations for personal wealth and control over advanced artificial intelligence. For an organization founded on the premise of developing AI as a public good, it’s the kind of internal documentation that makes PR teams lose sleep. What the journal says, and why it matters Brockman’s journal entries date back to 2017, a period when OpenAI was still positioning itself as a nonprofit research lab dedicated to ensuring AI benefits all of humanity. The excerpts read in
The revelations could undermine trust in AI ethics and transparency, impacting investor confidence and regulatory scrutiny in tech and crypto sectors. The post OpenAI president’s journal entries emerge in Musk lawsuit, rattling Worldcoin appeared first on Crypto Briefing.
Hermes Agent, the open-source self-improving AI agent from Nous Research, has overtaken OpenClaw to claim the #1 position on OpenRouter's global daily token rankings as of May 10, 2026 — generating 224 billion daily tokens versus OpenClaw's 186 billion. The milestone places a Nous Research project ahead of an OpenAI-sponsored platform in real-world daily inference volume, just three months after launch. The post OpenClaw vs Hermes Agent: Why Nous Research’s Self-Improving Agent Now Leads OpenRouter’s Global Rankings appeared first on MarkTechPost.
The trial highlights the ethical and strategic tensions in AI development, impacting future governance and collaboration in the tech industry. The post Elon Musk and OpenAI executives face intense questioning in high-stakes trial appeared first on Crypto Briefing.
The awards come as the first class to have ChatGPT access for all four years of college is about to graduate.
