GPU cloud provider GMI Cloud raised $668M, including $223M in equity
GPU cloud provider GMI Cloud raised $668M, including $223M in equity led by ARCHIV with participation from Nvidia and $445M in credit led by Taiwanese bank CTBC
TL;DRGPU cloud startup GMI Cloud raised $668M to expand Nvidia chip server access for enterprises.
Why it matters: Major funding from Nvidia and banks signals growing enterprise demand for AI compute infrastructure and market consolidation.
OpenAI and Anthropic-aligned super PACs have spent $55.7M on the US
TL;DRAI companies' PACs spent $55.7M on midterms while deliberately avoiding mentioning data centers or AI.
Sam Altman says OpenAI will not pursue an IPO until it can make
TL;DROpenAI won't go public until it can confidently prove its AI is safe.
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Last Week in AI #345 - 5 new models, 9 misalignment incidents, some Dots
Major AI labs released new models while OpenAI disclosed safety incidents.
A fake OpenAI release snuck onto Hugging Face
OpenAI's research chief says the company won't overreact to security breaches from its AI agents.
Drunk Van Halen fan called Microsoft support and demanded to speak
Intoxicated caller reached Microsoft support demanding Bill Gates over broken software.
Singapore Records First AI-Linked Data Breach
Singapore's first AI-linked breach exposed email addresses via misdirected bulk email.
Bitget hacked via zero-day in third-party security products
Hackers exploited a security software flaw to steal $387.5 million from Bitget exchange.
Apple’s ‘HomePad’ will reportedly launch on October 13th
Apple launching smart home hub called HomePad on October 13th alongside new HomePod mini and Apple TV.
Anthropic says Zhipu's open-weight GLM-5.3 nearly matches Claude Mythos
Chinese AI model GLM-5.3 generates exploits nearly as well as Claude, cheaply and with weak safeguards.
QuantLase Tests Photonic Computing Platform on Financial Market Data
QuantLase tested a light-based computer on financial market data to see if it works.
Bloomberg Screentime Conference: Ben Affleck and the Rest of Hollywood
Hollywood figures discuss AI's current effects on entertainment industry.