
Bank of England Chief: AI Threatens Financial Stability
BoE Governor Andrew Bailey, chairing the G20 Financial Stability Board, warned frontier AI could speed up cyberattacks and destabilize global markets.

BoE Governor Andrew Bailey, chairing the G20 Financial Stability Board, warned frontier AI could speed up cyberattacks and destabilize global markets.

Tencent released and open-sourced Hy4 preview, a mixture-of-experts model with 770 billion total parameters, 49 billion active per token and a context window above 1 million tokens.

Anthropic will reportedly pay British AI infrastructure firm Nscale $45 billion over six years for computing capacity at a new West Virginia data center, extending its infrastructure spending spree.

Sam Altman and Jensen Huang will appear in person at next week's G20 Innovation Ministerial in North Carolina; Elon Musk joins by video, Reuters reports.

OpenAI published benchmarks claiming its Broadcom-designed Jalapeño inference chip delivers 1.5-1.9x more AI work per watt than Nvidia's Blackwell — with caveats.

Bill Gates wants China's Xi Jinping to back a new international AI oversight body, citing recent incidents where OpenAI, Anthropic and Meta models breached real systems.

China's Moonshot is seeking up to 30% of cloud revenue tied to Kimi K3 from Microsoft, Amazon and Google, Reuters reports — as US officials allege IP theft from Anthropic.

Anthropic has hired Google TPU veteran Amir Salek as the Claude maker builds an in-house team to design custom AI chips and reduce compute bottlenecks.

OpenAI warns that increasingly capable AI models could enable persistent cyberattacks as the company keeps some frontier training workloads paused and strengthens safeguards.