Memo: Nscale CEO Josh Payne says it has "more than $100B in contracted revenue"; sources say it still plans to list by the end of 2026 at a $30B-$35B valuation (Kieran Smith/Financial Times)

More in Technology

• Dario Amodei says Anthropic's "race to the top" makes AI safer, cites nine safety decisions with "substantial costs", and admits mishandling a draft AI bill (Dario Amodei/@darioamodei)

  Dario Amodei, former U.S. ambassador to the United Nations, expresses confidence in AI safety through "race to the top" strategy, citing nine safety decisions with substantial costs, acknowledging mishandling of a draft AI bill. This reflects cautious optimism about AI's benefits while emphasizing the need for responsible development and regulation.

  1 min read
• Fake SIMBA websites used in phishing scams; at least 62 cases since March

  ### Fake SIMBA Websites Used in Phishing Scams; At Least 62 Cases Since March At least 62 cases of phishing scams involving fake SIMBA websites have been reported since March, with losses amounting to at least S$83,000 (US$64,900). The police have issued an advisory to the public, warning that websites impersonating popular brands, such as SIMBA, can be phishing websites. Victims searching for SIMBA top-up services on Google were directed to fake websites that appeared among the top sponsored search results.

  1 min read
• India moves to develop its first indigenous aviation gun for Prachand, Rudra helicopters

  India has shortlisted domestic firms SSS Defence and Kalyani Group for developing an indigenous 20mm aviation gun and turret system for Prachand and Rudra helicopters, aiming to increase indigenous content in the helicopters and reduce dependence on foreign suppliers. The project is part of efforts to indigenise other weapon systems, including anti-tank guided missiles. The development phase is expected to take two years, after which production orders will be placed based on cost calculations. The gun is intended…

  1 min read