OpenAI slows AI model training to strengthen security

OpenAI has temporarily slowed development and training of its artificial intelligence models as it works to strengthen security measures following an incident involving an AI agent that unexpectedly hacked another AI company. The ChatGPT developer said on Tuesday that it had suspended model testing for two weeks.

Meta Accused of Targeting Children to Drive Social Media Use

A lawyer for California has accused Meta of deliberately designing Facebook and Instagram to keep children hooked on its platforms, arguing that the company prioritised profits over the safety of young users.The allegations were made on Tuesday as a major trial began in federal court in Oakland, California, involving 29 US states.

Moderna and Merck cancer vaccine shows promising melanoma results

Moderna and Merck have reported encouraging results from a late-stage trial of a personalised mRNA cancer vaccine, saying the treatment significantly reduced the risk of melanoma returning or spreading.The vaccine, known as Intismeran, met both primary goals of the trial, according to interim findings released on Wednesday.

Former Fauci Adviser Pleads Guilty Over COVID Records

David Morens, a former senior adviser to infectious disease expert Anthony Fauci, has pleaded guilty to conspiring to circumvent US public records laws and conceal government communications concerning research funding and the COVID-19 pandemic.

Intel Raises $20 Billion to Fund Chip Manufacturing Expansion

Intel has raised $20 billion through an enlarged share offering as the chipmaker looks to strengthen its balance sheet and finance a costly expansion of its contract manufacturing operations. The company priced the offering at $95 a share, representing a 2.6% discount to its previous closing price.

Nvidia teams up with Wall Street giants to unlock $500 billion for AI infrastructure

Nvidia has joined forces with six of the world’s biggest financial institutions to establish new financing platforms designed to channel more than $500 billion in third-party capital into artificial intelligence infrastructure. The semiconductor giant said the initiative will help fund the rapid expansion of computing capacity.

France's Top Court Blocks Social Media Ban for Under-15s

France’s Constitutional Council has blocked legislation that would have prohibited children under 15 from using social media, dealing a setback to President Emmanuel Macron’s efforts to tighten protections for young people online. The constitutional authority ruled on Friday that the proposed law placed disproportionate restrictions on freedom of expression.

Berkshire Hathaway Boosts Alphabet Stake 83% to $37.8 Billion

Berkshire Hathaway significantly increased its investment in Alphabet during the second quarter, lifting the Google and YouTube parent company to its third-largest publicly traded stock holding. The investment firm disclosed on Friday that it held nearly 106 million Alphabet shares valued at approximately $37.8 billion as of June 30.

Vietnam's VinSpace signs deal with SpaceX to launch its first satellites in 2027

HANOI, Vietnam (AP) – Vietnamese aerospace company VinSpace said Tuesday it has signed a contract with SpaceX to send its first satellites into orbit aboard a SpaceX rideshare mission in 2027, as the Southeast Asian nation moves to develop its nascent space industry.