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Saturday, October 17, 2026
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Artificial Intelligence

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AI

RapidCanvas raises $29M to build and run AI apps for enterprises

RapidCanvas, which pairs an AI agent platform with its own engineers to build business apps for companies, raised a $29M Series B led by Vertex Ventures SEA & India, with Hitachi Ventures joining. It will hire in the US, Brazil, and India. Total funding now stands at $52.5M.

Excerpt from The Next Web
The Next Web
AI

Roundtables: A Conversation With the Creator of AI-Designed Viruses

Listen to the session or watch below Can AI design new life forms? In 2025, Stanford University PhD student Samuel King came up with a preliminary answer when he used a generative AI model to propose genetic blueprints for microscopic viruses.

Excerpt from MIT Technology Review
MIT Technology Review
AI

China’s CXMT swings to a nearly $20B profit as memory prices soar

Chinese memory chipmaker CXMT expects a net profit of 131B to 132.5B yuan ($19.6B to $19.8B) for January to September, compared with a 5.3B yuan loss a year earlier. Revenue jumped to 265B to 270B yuan as AI demand caused memory shortages. Its chairman also proposed a share buyback of up to 2B yuan.

Excerpt from The Next Web
The Next Web
AI

Kroger will cut 37% of its corporate workforce as it leans on technology

“Our company has more layers, more handoffs and more overhead than we need, so we are addressing this issue.” Kroger chief executive Greg Foran wrote this in a memo to staff on Monday, 12 October. The US supermarket chain will cut about 3,000 corporate roles over the next three years.

Excerpt from The Next Web
The Next Web
AI

Torvalds calls AI disclosure rules ‘utterly stupid’ as Linux drops its tag

“Do you not see how UTTERLY STUPID those kinds of rules would be?” Linus Torvalds wrote this on the Linux kernel mailing list on 13 October. He was replying to a developer who wants contributors to keep declaring when they use AI tools. The Register first reported the exchange.

Excerpt from The Next Web
The Next Web
AI

MI5 opens an AI threat centre as OpenAI tells MPs more incidents may come

“Human history has given us no experience of facing an actor which is smarter than we are. Is capable of out-thinking us.” Sir Ken McCallum, director general of MI5, said this about AI on 13 October. He was giving his annual threat update at MI5’s London headquarters.

Excerpt from The Next Web
The Next Web
AI

Trump’s AI task force starts work and tells labs to report rogue behaviour

“Our message to all SI companies is clear: delayed notification, inadequate corrective action, and a failure to take responsibility will not be tolerated,” the task force’s leaders said. Jay Clayton, Andrew Ferguson, Scott Kupor and Emil Michael lead Donald Trump’s Super Intelligence Force.

Excerpt from The Next Web
The Next Web
AI

Big Tech's AI auditors will only see what they're shown

If the White House accord's audits are going to be worth anything, auditors should be able to choose what they test, writes Samuel Vance-Law, head of research at the Decentralization Research Center.

Excerpt from CoinDesk
CoinDesk
AI

OpenAI Research Model Spent 3rd-Party Test ETH Without Permission to Deploy Smart Contract

OpenAI has disclosed seven new incidents in which its artificial intelligence (AI) models exhibited misaligned behavior, including one case where its research model, after not having funds on an Ethereum test network, spent test cryptocurrency from a third-party's wallet without authorization to…

Excerpt from The Hacker News
The Hacker News