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Technology News

AI Coding Startup Cognition Lands $1B Round at $25B Valuation

Cognition, the AI startup behind the coding assistant Devin, has closed a $1 billion funding round at a $25 billion pre-money valuation, according to the company. The latest investment brings the company's valuation to $25 billion pre-money—more than double the roughly $12 billion valuation it achieved during

Global AI Governance: The Challenge of Accountability

The Accountability Gap in Global AI Development As artificial intelligence systems become increasingly sophisticated and deployed across borders, fundamental questions about oversight and responsibility remain largely unresolved. A new analysis from the Council on Foreign Relations explores the intricate challenges of establishing accountability mechanisms for AI systems operating at a

Robinhood Introduces AI Agent Support for Trading and Card Transactions

Robinhood has expanded its platform capabilities by allowing customers to delegate trading and card payment tasks to AI agents. This development enables users to automate routine financial operations through artificial intelligence, potentially streamlining portfolio management and transaction handling. The integration represents a broader trend in fintech, where traditional financial services

FastAPI Authentication Flaw Puts AI Tools at Risk

A security flaw in the Starlette framework has been identified that allows authentication bypass in applications built with FastAPI. This vulnerability affects AI tools and applications relying on FastAPI's authentication mechanisms. The flaw potentially exposes sensitive AI tools to unauthorized access, as the authentication layer can be circumvented.

Technology News

Robinhood Launches Dedicated AI Agent Trading Accounts

Robinhood announced this week that it is opening its trading platform to AI agents. Users can now create a dedicated account specifically for an AI agent and allocate funds for it to manage independently. The feature enables agents to monitor specific industries, execute trades across the market, and rebalance portfolios

Erin Brockovich Launches Initiative to Track AI Data Center Concerns

Environmental advocate Erin Brockovich, best known for her groundwater contamination activism in the 1990s, has expanded her advocacy into the realm of artificial intelligence infrastructure. Her new initiative focuses specifically on tracking the impacts of AI data centers on local communities. The effort invites affected residents to submit reports about

Amazon Opens Its AI Shopping Technology to External Retailers

Amazon Licenses AI Shopping Tech to Other Retailers Amazon is extending its AI-powered shopping capabilities to third-party retailers through a new B2B offering, according to a CNBC report. The move allows external businesses to leverage the same voice shopping and conversational AI technology that powers Amazon's own e-commerce