In Brief

China is reportedly open to Elon Musk acquiring TikTok US

Chinese government officials have reportedly discussed a scenario where ByteDance sells TikTok’s United States arm to Elon Musk, should the Supreme Court uphold the law banning the app on January 19. Bloomberg reports that China would strongly prefer for TikTok to stay under ByteDance’s ownership, but says government officials have considered a sale to Musk […]

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Microsoft forms new internal dev-focused AI org

Microsoft has created a new engineering org aimed at accelerating AI infrastructure and software development within the company. According to Bloomberg, Jay Parikh, previously VP and global head of engineering at Meta, will lead the new division. He’ll report to Microsoft CEO Satya Nadella, and oversee groups including the company’s AI platform and developer teams.

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The U.S. has a new cybersecurity safety label for smart devices

The White House this week announced a new label for internet-connected devices, the U.S. Cyber Trust Mark, intended to help consumers make more-informed decisions about the cybersecurity of products they bring into their homes. To earn the U.S. Cyber Trust Mark, which is being administered by the Federal Communications Commission, companies have to test their

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Anthropic reportedly in talks to raise $2B at $60B valuation, led by Lightspeed

OpenAI rival Anthropic is in talks to raise $2 billion in new capital in a funding round led by Lightspeed Venture Partners, according to The Wall Street Journal. The round, which The Journal reports would value Anthropic at $60 billion, would bring Anthropic’s total raised to $15.7 billion, going by Crunchbase’s data. It would also

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UK uses AI to tackle ‘bid-rigging’ collusion in public procurement contracts

The U.K’s competition authority already has a lot on its plate in terms of tackling Big Tech’s growing reach across the technological spectrum, but closer to home it’s dealing with a different kind of anti-competitive threat — one it reckons AI is well-equipped to address. As per a Financial Times’ report this week, the Competition

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