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OpenAI has reportedly reached a $500 billion valuation after completing a $6.6 billion secondary share sale involving current and former employees. Share Sale The transaction, finalised on 2 October, allows OpenAI workers and alumni to sell their equity stakes to a group of institutional investors including Thrive Capital, SoftBank, Dragoneer Investment Group, Abu Dhabi’s MGX,…
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UK Prime Minister, Keir Starmer, has announced that digital ID will become mandatory to prove the right to work in the UK by 2029, triggering both ministerial praise and civil liberties concerns. Petition Interestingly, a petition on the UK Government’s site : https://petition.parliament.uk/ had attracted approaching three million signatures of people opposed to the bill, within a…
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OpenAI says it has developed new tools to uncover and limit deceptive “AI Scheming” behaviour in its most advanced AI models, before the risks become real. What Is “AI Scheming”? “AI scheming” refers to a type of hidden misalignment, where a model deliberately acts in a way that appears helpful or compliant on the surface,…
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New EU rules on who can access and share data from connected products and cloud services are now live, with major implications for UK firms selling into the bloc. What Is the EU Data Act? The EU Data Act is a sweeping piece of digital legislation designed to reshape how data is accessed, shared, and…
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Sainsbury’s has begun testing facial recognition technology in selected stores to identify repeat offenders and reduce shoplifting, triggering a wave of privacy concerns from civil liberties groups. Surveillance Trial Rolling Out in London and Bath The supermarket chain confirmed that an eight-week pilot programme is underway at a small number of stores in London and…
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New research has found that 70 per cent of AI agents struggle to complete standard office tasks successfully, while Gartner warns that over 40 per cent of current agentic AI projects will be scrapped by the end of 2027. What Are ‘AI Agents’ And Why Are They Struggling? AI agents are software systems that use…
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A massive trove of stolen usernames and passwords totalling 16 billion records has been discovered across 30 newly uncovered databases, revealing one of the largest and most dangerous credential breaches ever recorded. Two Login Credentials for Every Person on Earth Security researchers at Cybernews have uncovered an unprecedented cache of login data scattered across unsecured…
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ChatGPT now includes meeting recording, cloud integration and deep research tools, marking its biggest push yet into everyday business workflows. Featured For Everyday Business Use With over 3 million enterprise-focused customers now using ChatGPT (up from 2 million earlier this year), OpenAI appears intent on securing its place in the core workflow of modern businesses.…
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New research shows that one in four European organisations have banned Elon Musk’s Grok AI chatbot due to concerns over misinformation, data privacy and reputational risk, making it far more widely rejected than rival tools like ChatGPT or Gemini. A Trust Gap Is Emerging in the AI Race The findings from cybersecurity firm Netskope point…
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OpenAI has declared its interest in buying Google Chrome (if Alphabet is forced to sell it following an antitrust ruling against the tech giant), raising major questions about the future of internet browsing, AI, and search. OpenAI’s Interest Made Clear During Antitrust Testimony Speaking during a landmark antitrust trial in Washington DC, OpenAI’s Head of…
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