Character.AI, the platform that lets users create and chat with AI characters, has filed for Chapter 11 bankruptcy after five years of operation, citing assets and liabilities of between $50 million and $100 million. The company has agreed to sell some assets to Disney for $20 million, along with a non-exclusive perpetual license to its technology. Disney…

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American Express has introduced a new Intent Intelligence Framework designed to capture and authenticate a customer’s purchase intent before an AI agent completes a transaction, aiming to prevent unauthorized purchases caused by misfiring agents. The company hopes the framework will become an industry standard for AI-powered commerce. It forms part of Amex’s Agentic Commerce Experiences…

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Microsoft president Brad Smith has called for urgent regulation of artificial intelligence, arguing that everyday products such as milk and washing machines face more oversight than the companies building AI. Speaking on a BBC podcast, Smith described AI as both a weapon and a tool that is putting global cybersecurity at risk, and said the…

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Meta’s Superintelligence Lab has released Muse Wonder and Muse Wonder Full, its first frontier AI models, marking a step up from the lightweight, low-latency Muse Spark. According to Meta’s model card, the larger Wonder models deliver higher benchmark scores and stronger performance on complex tasks such as coding, achieving results comparable to Fable 5.1 and…

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Read Online | Sign Up | Advertise Good morning, {{ first_name | AI enthusiasts }}, and welcome to our 4,730 new readers. Meta’s Watermelon has been ripening and hyped for months. It’s finally ready, and just came out bigger than almost anyone expected. The company’s new Muse Wonder family (codenamed Watermelon) is here, with its…

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This issue is built from the links the AI experts we follow shared most since our last issue on October 8, minus the stories we already sent you in the Daily Espresso. The most shared: Anthropic’s warning that small AI models may soon be able to copy themselves onto home devices. Also: a large study…

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Microsoft CEO Satya Nadella has called for a rethink of how trust is built into AI systems, becoming the latest technology leader to set out detailed views on improving AI safety. In a Saturday morning post on X, Nadella said it was time to step back and assess the trust architecture underpinning AI. Using the Trump…

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Autentic AI has closed a €1.5 million pre-seed round with participation from Baobab Ventures, Lanai Ventures, Acurio Ventures and Masia VC. Founded by Dani Diestre, Aniol Carreras and Jacob Bamio, the startup uses AI to interview hundreds of verified, compensated consumers and experts simultaneously, delivering results in days rather than the weeks or months traditional…

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TypeSafe AI, the developer of Jev, a new type of AI model that went viral following its September 15 release, has secured $870 million at a $7.5 billion valuation. The round was led by Andreessen Horowitz, with participation from Sequoia and existing investor DCVC. The company says a third of Fortune 500 companies are already…

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Insider Brief Stryker plans to invest approximately $400 million in British surgical robotics company CMR Surgical through a strategic alliance that gives it exclusive U.S. sales rights to CMR’s Versius robotic surgery systems and an option to acquire the company. According to Stryker, the £300 million preferred equity investment will support further development and global…

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