AI News

Follow the latest AI and automation news

4 Aug 202621 Safar 1448 AH

AMD’s data center business is booming while gaming takes a backseat

AMD reported a significant increase in data center revenue, reaching $6.7 billion in its latest earnings report, up 107% year-over-year. This figure surpasses the $5.8 billion reported in Q1, driven by the growing demand for AI capabilities. CEO Lisa Su indicated that the company expects data center revenue to more than double again by 2027. In contrast, gaming revenue fell by 31% to $779 million, impacted by price hikes and component shortages, which negatively affected sales of the Xbox Series X/S and PS5.

Business

4 Aug 202621 Safar 1448 AH

SpaceX made more revenue as an AI company than a space company

SpaceX reported that its AI revenue surged more than threefold to $2.6 billion, primarily due to contracts with other companies. These contracts included partnerships with Anthropic in May and Google in June, enhancing SpaceX's position in the cloud computing market. However, the division incurred losses of $1.5 billion this quarter, slightly less than the same period last year. SpaceX is looking to increase its investments in AI, which could impact its competitive strategies in the market, especially with new competitors like CoreWeave emerging.

Models

4 Aug 202621 Safar 1448 AH

Open-weight AI models are catching up to the frontier. The safety gap remains.

A new report from SaferAI reveals that Z.ai's open-weight model GLM-5.2 is making significant strides towards advanced AI capabilities. However, the model lacks essential safety mitigations, raising fresh concerns that powerful open models could outpace governance and safeguards. This development underscores the urgent need to strengthen regulatory frameworks to ensure the safe use of AI, particularly as reliance on open models grows across various sectors.

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Anthropic signs $10B deal with AI cloud startup Volta

What impact will Anthropic's partnership with Volta have on the AI market?

Models

Meet Wrinkles, an app that uncovers the hidden stories of the places around you

4 Aug 202621 Safar 1448 AH

Models

4 Aug 202621 Safar 1448 AH

Meet Wrinkles, an app that uncovers the hidden stories of the places around you

The Wrinkles app, available on both iOS and Android, serves as an AI-powered audio guide. It aims to provide audio tours that reveal hidden history and local stories. Wrinkles features advanced technology that allows it to deliver rich and detailed information about various locations, making it an ideal tool for explorers and tourists. The app utilizes data analysis to offer personalized content tailored to users' interests.

Agents

Nvidia doesn’t mess around: A week after open AI industry group formed, it’s already showing progress

4 Aug 202621 Safar 1448 AH

Agents

4 Aug 202621 Safar 1448 AH

Nvidia doesn’t mess around: A week after open AI industry group formed, it’s already showing progress

The Open Secure AI Alliance, led by Nvidia, has launched new proposals to counter threats posed by AI systems. With over 120 companies involved, the alliance reflects the industry's commitment to developing effective strategies for protecting systems from harmful uses. These proposals come at a critical time as concerns about the impact of AI on cybersecurity continue to grow. This initiative is crucial for securing the future of AI, requiring extensive collaboration among companies to develop innovative solutions. The alliance aims to establish new standards that enhance security in this rapidly evolving field.

Models

PipeNetwork/minimax-h3-mlx

4 Aug 202621 Safar 1448 AH

Models

4 Aug 202621 Safar 1448 AH

PipeNetwork/minimax-h3-mlx

MiniMax launched the MiniMax-H3 system two days ago, described as a versatile generative system that accepts text, images, audio, and video. This system can generate video clips up to 15 seconds long with integrated audio. The Python package is designed for use on Apple Silicon devices, making it accessible for modern Mac users. It was tested on an M5 Max MacBook Pro, where the necessary models were downloaded for operation.

Governance

Third-party cyber evaluations involving OpenAI models

4 Aug 202621 Safar 1448 AH

Governance

4 Aug 202621 Safar 1448 AH

Third-party cyber evaluations involving OpenAI models

OpenAI has clarified recent incidents involving third-party cybersecurity evaluations of its AI models. These evaluations highlight the critical importance of security in the development of AI technologies. To strengthen trust in its models, OpenAI is implementing new safeguards that ensure more accurate and reliable testing. These measures include enhancements in evaluation mechanisms and collaboration with cybersecurity experts to ensure effective protection.

Business

Oracle Faces Financial Pressures Threatening Investment Credit Rating

4 Aug 202621 Safar 1448 AH

Business

4 Aug 202621 Safar 1448 AH

Oracle Faces Financial Pressures Threatening Investment Credit Rating

Oracle is facing unprecedented financial pressures that could lead to a loss of its investment credit rating due to its reliance on debt and long-term lease agreements. The company reported negative free cash flows, with total debts reaching $129.5 billion, exceeding the financial safety threshold. Despite a 17% revenue growth, analysts see significant risks due to the time mismatch between long-term leases and short-term customer contracts.

Governance

Rising Use of AI in Cyber Fraud Crimes

4 Aug 202621 Safar 1448 AH

Governance

4 Aug 202621 Safar 1448 AH

Rising Use of AI in Cyber Fraud Crimes

Cybercriminals are increasingly leveraging artificial intelligence, leading to over $893 million in losses for Americans last year due to AI-related fraud. The FBI reported receiving over 22,000 complaints in 2025 that referenced AI usage in scams. The primary advantage AI offers criminals is the ability to accelerate and reduce the costs of traditional methods, enabling the rapid creation of thousands of personalized messages. AI tools have become easier and more effective, enhancing fraudsters' capabilities to execute attacks swiftly.