Technology

OpenAI reportedly cuts fundraising and valuation targets amid AI jitters

In a bustling coffee shop in Manhattan, a group of entrepreneurs huddles around a table, their laptops open and coffee cups steaming. Among them is Sarah, a founder of a promising AI startup, who has been closely monitoring the shifting landscape of artificial intelligence funding. As she scrolls...

OpenAI slashes funding target by $10 billion amid tech rout, FT reports

OpenAI slashes funding target by $10bn as tech anxieties mount

In a world increasingly captivated by artificial intelligence, the news of OpenAI's funding adjustments reverberates through the tech landscape. Just last week, CEO Sam Altman announced a significant shift in the company’s financial strategy, revealing that OpenAI is now seeking to raise $20...

‘I’m terrified’: AI comes for Southeast Asia’s graduate jobs

Nafeesa Azman has applied for hundreds of jobs over the past two months, yet the 24-year-old Malaysian marketing graduate is yet to find a permanent role that pays what she needs or uses the skills she spent years, and a good deal of money, developing. Natthanicha Intawong, a final-year media arts...

Has the tech bubble burst? Why the Nasdaq’s rough ride looks eerily like 2000.

As the sun set over New York City on Friday, Wall Street faced a stark reality check. The Nasdaq Composite Index plummeted, marking one of its most significant declines in recent memory, and sending shockwaves through the tech sector. Traders and investors alike watched in disbelief as the index...

UK minister discusses tech collaboration in Greater Bay Area during Hong Kong visit

UK Indo-Pacific minister Rosie Winterton has visited Hong Kong’s flagship tech hub to discuss plans to expand technological collaboration in the Greater Bay Area, while aiming to strengthen business, education and people-to-people partnerships with the city. During her visit, Winterton also raised...

This cybersecurity stock will be the next to join the S&P 500

As the sun rises over the bustling streets of New York City, tech enthusiasts and investors alike are buzzing with excitement. On Wednesday, Okta , a leader in cybersecurity and identity management, is set to make its debut on the S&P 500, a significant milestone that reflects its growing influence...

Wall Street drops to its worst day since June after tech sell-off deepens

A sell-off for tech stocks got even worse on Friday on worries that Wall Street’s frenzy around artificial intelligence technology sent prices too high. The S&P 500 tumbled 1.8 per cent for its worst day since June, and it closed out a third straight losing week. The weakness for technology stocks...

How a Contractor’s Claude Agent Got Into the Pentagon

This week on “Uncanny Valley,” we discuss the contractor who plugged their AI agent into a Pentagon system, Anthropic’s IPO filing, and the volunteers gearing up to counter ICE at the midterms.

S&P Global revises Meta's outlook to 'negative' on AI spending, cash flow worries

S&P Global revises Meta's outlook to 'negative' on AI spending, cash flow concerns

A Supply Chain Attack Put Malicious Anthropic Claude Extensions on Thousands of Devices

Thanks to a lucky break, flawed code in a tainted Claude extension prevented the attacker from fully worming their way into some 5,000 developer machines.