Modal passes $1 billion annualized run rate and raises $750 million at a $15.75 billion valuation
AI infrastructure provider Modal raised a $750M Series D led by Accel at a $15.75B valuation after crossing $1B in annualized run rate.
State attorneys general sue OpenAI over ChatGPT's safety for children
Arizona, Idaho, Montana and other states sue OpenAI in their own courts, alleging ChatGPT was designed to hook minors and its safety was misrepresented.
FDA clears TumorSight Risk, an AI tool that predicts breast cancer recurrence from MRI
SimBioSys won FDA 510(k) clearance for TumorSight Risk, which scores 5- and 10-year breast cancer recurrence risk from routine MRI and pathology.
TSMC reports Q3 2026 revenue of $46.7 billion, up 41 percent, and lifts 2026 growth outlook to about 44 percent
TSMC's Q3 2026 revenue hit $46.72B, up 41.2 percent YoY, with net income up 68.7 percent as AI accelerator demand kept leading-edge fabs full.
China proposes export controls on 23 AI technologies and requires registration before export
China's commerce and science ministries propose adding 23 AI technologies, including large models and agents, to the export control catalogue.
NIST, NSA and CISA publish ten key practices for AI control incidents in training and evaluation
Three US agencies issue voluntary guidance on catching, shutting down and reporting AI agents that act beyond their instructions during training and tests.
Waymo announces Toronto as its first Canadian city, targeting riders in 2028
Waymo said it will start manual mapping drives in Toronto, partner with Element Fleet Management, and aims to carry first riders in 2028.