OpenAI lowers funding valuation target to $1.25tn
OpenAI has lowered the valuation it seeks in a new funding round to $1.25tn from $1.4tn after some investors resisted the higher price, the Financial Times reported, citing documents it reviewed. The company is close to raising u...
Baba raises $40 million Series A led by FirstMark
Baba raised $40 million in Series A funding led by FirstMark, Fierce Healthcare reported. The company develops AI tools that help Medicare and Medicaid patients connect with care teams and handle advocacy tasks, focusing on their ...
CapitalOS raises $21.9 million Series A for embedded financial tools
CapitalOS has raised $21.9 million in a Series A led by LGVP, Axios reported. The company helps vertical software platforms offer spend management, cards and bill payment tools to their small and medium-sized business customers....
Researchers demonstrate coding-agent attacks through downloaded instruction files
Forever Security researchers reproduced an attack that used a malicious instruction file in a Downloads folder to make OpenAI Codex execute code, BleepingComputer reported. They also demonstrated a related Claude Code attack that ...
Claude deploys fix for errors affecting multiple models and services
Claude's status page said a fix had been deployed at 06:35 UTC on October 25 for errors affecting its services, with recovery still being monitored. The incident affects claude.ai, the Claude API, Claude Code and Claude Cowork. T...
JPMorgan private bank uses AI for client onboarding and investment research
JPMorgan Chase's private bank is using artificial intelligence to onboard clients and conduct investment research, its Europe, Middle East and Africa head, Pablo Garnica, said, according to Bloomberg. The bank is applying AI to th...