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AI & Enterprise

Government pushes overhaul of Korean AI foundation model project support format

South Korea\'s government said on Aug. 18 it will seek to overhaul the support format for its homegrown AI foundation model project from the third evaluation onward, after releasing results of the second evaluation. Upstage, SK Telecom and LG AI Research passed the second evaluation and advanced to the third stage. The government will select two final companies after the third evaluation under the original plan.

Crypto

Anthropic signs 20-year, $9 billion AI compute deal with Riot

Bitcoin miner Riot Platforms has signed a 20-year compute agreement with Anthropic worth $9 billion. Under the deal, Anthropic will lease 191 megawatts of power at Riot’s Rockdale, Texas campus. Riot had previously described the counterparty only as a leading frontier AI company. The contract is seen as a step toward shifting Riot’s business from bitcoin mining to AI infrastructure leasing, with revenue projected to rise further if extension options are exercised.

AI & Enterprise

How to respond to AI-driven security threats? Tech firms expand alliance

Debate is intensifying over how to respond to new security threats emerging from the spread of AI, with alliances expanding beyond security firms to include semiconductor and platform companies. Nvidia-led Open Secure AI Alliance formed a first working group and released proposals for confidential reporting and post-incident analysis. Hugging Face CEO Clem Delangue called for mandatory disclosure of hacks targeting AI firms. Reports and tests also raised concerns about AI misuse, vulnerabilities and faster exploitation.