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- Why Some People Are Paying to Make Friends
Apps that match personalities — for a price — have surged in popularity amid a loneliness epidemic. [TheTopNews] Read More.1 hour ago - Salon owners urge Budget VAT cut as staffing pressures grow
Marcus Perkins, who owns a hair and beauty salon in Brierley Hill, says he is scared for the future. [TheTopNews] Read More.4 hours ago - SpaceX secures $40B in financing for GPUs as Elon Musk warns of AI cloud industr...
Elon Musk said SpaceX has closed $40 billion in debt financing to purchase graphics processing units for its artificial intelligence operations, highlighting the enormous sums being spent in the race to build AI computing capacity.Musk announced the financing on Sunday, saying SpaceX was able to secure the money because of its investment-grade status and revenue generated outside AI through its Starlink satellite internet and rocket launch businesses."SpaceX closed $40B of debt for GPUs, but we're investment grade and have Starlink & launch revenue," Musk said.Graphics processing units, or GPUs, are advanced chips that provide the computing power needed to train and operate AI systems.ELON MUSK SAYS TESLA VEHICLE DEMAND EXCEEDING PRODUCTION AHEAD OF DALLAS CYBERCAB LAUNCHReuters previously reported that SpaceX was in talks with banks and asset managers to raise $40 billion to purchase Nvidia AI chips."This is primarily callable debt for GPU purchases that will arrive in Q1 and Q2," Musk said in a follow-up post on X, confirming that the GPUs are expected to arrive in the first half of 2027. "Not a major factor this quarter."It was not immediately clear whether investors had agreed to the debt's pricing terms.The funding underscores the cost of the AI race, as companies spend heavily on advanced chips and other computing infrastructure.UKRAINE REGAINS CRITICAL STARLINK SERVICE AFTER RESTRICTIONS DISRUPT DRONE OPERATIONSSpaceX Chief Financial Officer Bret Johnsen said the company expects to spend $35 billion to $40 billion on capital expenditures in the fourth quarter alone, according to Reuters.Musk also said borrowing conditions have deteriorated significantly for companies that rely heavily on AI infrastructure."As of the past few weeks, debt markets have almost entirely shut off access to money for any company that doesn't have substantial revenue independent of AI data centers," he said.Musk warned that many of those companies could struggle to survive.TRUMP PRAISES ELON MUSK AS A 'GENIUS' WHILE DEFENDING HIM AGAINST POTENTIAL DEMOCRATIC PROBES"That means the 200+ neoclouds are going to see guppy-level death and consolidation," Musk said, referring to companies that rent out computing power built primarily for AI customers. "Some will make it through, but not many."SpaceX's established businesses, including Starlink and rocket launches, provide revenue streams outside its AI operations.SpaceX's third-quarter revenue climbed 161% from a year earlier to $14.58 billion, according to Reuters.Musk suggested last week that a potential merger of Tesla and SpaceX would be "a good idea."GET FOX BUSINESS ON THE GOHe also… [TheTopNews] Read More.5 hours ago - What is the Budget and what could be in it?Chancellor John Healey will set out his plans for UK taxes on 28 October. [TheTopNews] Read More.9 hours ago
- Healey’s Budget needs to sustain the stronger economy through gathering cl...The economic is positive now but come January things could become trickier for the Labour government [TheTopNews] Read More.10 hours ago
- Claude AI accessed publicly available Georgia voter data, Anthropic confirmsAnthropic's Claude AI model accessed publicly available voter data through Georgia's data hub, state officials and the company confirmed to FOX Business on Sunday.The Georgia Secretary of State's office stressed that the bot did not access a voter file or the state's voter registration system."This was publicly available data accessed through our data hub. It did not get into the voter registration system," Georgia Deputy Secretary of State Jordan Fuchs said in a statement to FOX Business.Anthropic said Claude accessed only aggregate counts and did not access Georgia's voter registration system, change voting records or retrieve individual voter records.ANTHROPIC SILENT ON WHETHER IT WILL DISTRIBUTE SHARES TO AMERICANS FOLLOWING MUSK SPACEX PLEDGE"Claude did not access the state's voter registration system, change any voting records, or pull any individual voter records. The model pulled only aggregate counts which can be derived from voter data the state makes available to anyone for a fee," an Anthropic spokesperson told FOX Business.The company said the model was being used internally for a statistics project when it learned from an archived version of the agency's website that a public dashboard issued an access token to visitors."Without being asked to, the model requested a token to query a dashboard that contained information normally available for a fee," the spokesperson said. "We have since put in place mitigations to block these kinds of actions."The incident comes amid broader scrutiny of how AI agents interact with government websites.MICROSOFT SAYS ITS AI TOOL OUTPERFORMS GENERALIST DOCTORS IN COMPLEX DIAGNOSESAnthropic previously disclosed the incident in an Oct. 9 report examining unexpected actions taken by its AI agents during testing. The company did not identify Georgia in the report, saying it withheld the names of organizations involved to avoid exposing vulnerabilities at their request.Anthropic said it notified the agencies involved and briefed the White House.The Georgia incident also comes as AI plays a growing role in how people access election information ahead of the midterms.Anthropic recently outlined additional safeguards it has put in place ahead of the elections."Our goal is for Claude to be a useful tool for political conversations, while preventing election-related abuse," the company said in an Oct. 14 press release.ANTHROPIC'S CLAUDE AI FABRICATES EYEWITNESS ACCOUNT, SUBMITS FALSE MURDER TIP TO POLICE WEBSITEGET FOX BUSINESS ON THE GO BY CLICKING HEREAnthropic said roughly 0.51% of U.S. Claude.ai conversations in a sample taken from Sept. 21 through Sept. 27 were specifically… [TheTopNews] Read More.10 hours ago
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