AI labs buy data from dead startups to train models
Founders winding down firms are selling code bases and user archives; one crypto founder netted roughly $25,000 from his defunct startup's data.
Business & Policy
Archive, page 4
Tuesday 13 October 2026
IIT Delhi graduates build AI startup ByteAsk
IIT Delhi graduates have founded ByteAsk, an AI startup, according to a report.
ByteAsk
Drylab raises $3M to build self-improving AI
Vietnamese-founded Drylab has raised $3 million to develop self-improving AI, describing its goal as building AI scientists.
DrylabClosed
Enhance raises $1.5M from POSCO DX
Enterprise AI startup Enhance has secured a $1.5 million investment from POSCO DX.
EnhanceClosed
Alchera raises £2.7M seed for AI traffic forecasting
UK startup Alchera raised a £2.7M seed round led by Maven to bring AI-driven traffic forecasting to UK roads.
Alchera
Entrust warns millions of AI agents will test enterprise controls
The security firm says agentic AI inverts enterprise operating models built for employees using AI to retrieve, summarize and generate.
Entrust
Home Office asylum AI fails one in five accuracy checks
The UK Home Office's asylum decision AI failed roughly one in five accuracy checks, The Register reports, even as ministers promised faster decisions and processing times worsened.
UK Home Office
Character.AI files for bankruptcy, selling assets to Disney for $20M
Five years after launch, chatbot platform Character.AI filed for voluntary Chapter 11 bankruptcy, citing costs and litigation, and will sell some assets to Disney for $20 million.
Character.AI
Eight US states sue OpenAI over ChatGPT child safety
Iowa, Kansas, Nebraska, West Virginia, Arkansas, Arizona, Idaho and Montana filed separate lawsuits accusing OpenAI of harming children and misleading customers about ChatGPT safety. Australian regulators also pressed for safeguards.
OpenAI
More: MLex, Bloomberg Law News, thv11.com, WV News, klin.com, Seeking Alpha, Computerworld, KARK, WBOY.com, WDTV 5, KATV, KGAN, The Guardian, WCHS
Anthropic explores Australia data center expansion
A report says Anthropic is exploring an Australia expansion, focusing on regional data center sites.
Anthropic
Anthropic to disclose Q3 financials ahead of possible IPO
Anthropic plans to share Q3 financials with investors starting Oct. 14, ahead of an IPO as it weighs a reported $2 trillion valuation.
Anthropic
Responsible AI startup raises £1M for exam grading
A female-founded responsible AI startup raised £1M to grade apprenticeship exams, Tech Funding News reports in an exclusive.
IMF warns AI market correction threatens global financial stability
The IMF says the global economy will top 3% real GDP growth this year as AI investment offsets Middle East energy shocks, but downside risks are mounting.
IMF
Ex-OpenAI researcher seeks $15M for Empirical Machines
Shyamal Anadkat, an ex-OpenAI researcher who returned to India, is in talks to raise $15M from Peak XV and Bessemer for Empirical Machines, staffed by ex-OpenAI, Sarvam AI and DeepMind people.
Empirical Machines
More: Education Times, 𝕏 @Goenka_Tushar1
UK police watchdog warns AI use needs controls or criminals walk free
The watchdog says guidelines are vital so overstretched forces in England and Wales can use AI systems to speed investigations without risking cases.
Accenture and Workday launch AI agent program for HR, finance
Accenture and Workday announced a joint AI agent program bringing agents into HR and finance workflows, drawing on workplace deployments to shape Workday's tools. Accenture holds an investor day this week.
Accenture
Sanders calls for ban on artificial superintelligence
Senator Bernie Sanders called for a ban on artificial superintelligence after an interview with OpenAI's CEO, The Hill reports.
Mainland Chinese traders buy Hong Kong stocks on AI bets
Mainland Chinese investors were net buyers of Hong Kong stocks for a fourth straight month in September, pouring in HK$60.8 billion as AI bets surged.
IMF upgrades UK outlook, citing AI-driven growth spurt
The IMF raised its forecast for the UK economy, saying Britain is emerging as one of the winners of the current AI technology boom.
IMF
Drylab AI raises $3M seed from Vertex Ventures, PatSnap
Singapore-based AI agent platform Drylab AI raised a US$3 million seed round led by Vertex Ventures with participation from PatSnap, funding further development of its agent platform.
Drylab AI
Microsoft reorganizes Azure cloud unit around AI
Microsoft cloud chief Scott Guthrie told staff Monday the company is consolidating Azure units and reorienting the business around AI; Arun Ulag takes on expanded oversight.
Microsoft
Ondas and Palantir launch Regna AI on Palantir AIP
Ondas announced Regna AI, a new company initially fully owned by Ondas and built on Palantir's AIP. Palantir supplies model-training infrastructure and engineering support; Ondas is first customer.
♥ 180 on X
OndasClosed
Sarvam AI in talks for $300M at $3B valuation
Indian AI startup Sarvam is reportedly in talks to raise around $300 million in a round that could double its valuation to roughly $3 billion. No deal has been confirmed.
Sarvam
More: CXO Digitalpulse, TechStory
Epic delays Disney game to adopt AI-first development with Claude
Epic Games reportedly delayed an unannounced Disney crossover game from its March window and told developers to use AI-first workflows, including Anthropic's Claude, for both code and art.
Epic Games
OpenAI commits $1B to Daybreak cyber defense and training
OpenAI pledged $1 billion to its Daybreak cyber defense and training initiative, aiming to bolster security capabilities and workforce skills.
OpenAI
Bengs highlights report on fired OpenAI safety researchers
A report highlighted by Bengs examines the firing of OpenAI safety researchers, adding to scrutiny of the lab's safety culture and staffing.
OpenAI
Monday 12 October 2026
Anthropic offers 10 free AI courses on Coursera
Anthropic is bringing 10 free AI courses to Coursera, including training aimed at teachers, expanding access to AI education through the platform.
AnthropicFree
Gladia joins OVH Groupe for sovereign voice AI
Speech AI company Gladia is joining OVH Groupe, a move the companies frame as accelerating European sovereign voice AI capabilities.
Gladia
NYT, Economist, AFP join coalition against unpaid AI use
The New York Times, The Economist and AFP joined more than 40 other publishers in a coalition aimed at preventing AI companies from using their content without permission or payment.
More: 𝕏 @Cointelegraph, 𝕏 @Reuters
UK warns autonomous AI cyberattack likely after OpenAI breach
UK officials warned that an autonomous AI-driven cyberattack is likely, following a reported Medicare breach tied to OpenAI.
Anthropic spends $100M training forward-deployed engineers
Business Insider reports Anthropic is spending $100 million to train workers at other companies, as demand for forward-deployed engineering talent outstrips supply.
Anthropic
RSA launches Agent ID for regulated AI agent control
RSA launched Agent ID, an identity and control product for AI agents operating in regulated environments.
RSAClosedPaid
Epic Games reportedly delays Disney game for 'AI-first' production
Epic reportedly delayed a Disney video game and pushed developers to use AI for both code and asset creation under an 'AI-first' model.
Epic Games
EU agencies evaluate Chinese AI models on secure infrastructure
European Union agencies are reportedly evaluating Chinese AI models deployed on secure infrastructure, weighing adoption against sovereignty and security concerns.
AI governance shifts to runtime as always-on agents spread
SiliconANGLE reports enterprises are moving AI governance to runtime, since always-on autonomous agents outgrow controls designed for deterministic software. Dell is cited in the shift.
Dell Technologies
Nvidia equity investments consume half its free cash flow
Yahoo Finance reports Nvidia's equity investments now consume about half its free cash flow, raising questions about whether the payout pace can continue.
Nvidia
Leak shows X bundling Premium, Grok and Cursor from $8
A leak shows X plans to bundle its Premium subscription with Grok and Cursor starting at $8, per TeslaNorth.
X
USA Today sues OpenAI for $250M-plus over copyright
USA Today filed a copyright lawsuit against OpenAI seeking more than $250 million over ChatGPT's use of its content, per Law Commentary.
OpenAI
Zack Kass says it's not too late for AI safeguards
Former OpenAI executive Zack Kass argued on CNBC that it is not too late to put in place AI safeguards, countering fatalism about regulation.
OpenAI
Bloomberg examines how OpenAI, Anthropic IPOs could reveal AI economics
Bloomberg looks at how potential OpenAI and Anthropic IPOs could lift the veil on the economics of leading AI labs.