How Jump Trading is scaling quant research with ChatGPT

Google DeepMind releases EmbeddingGemma 2, an open on-device model for multimodal search

The 740-million-parameter EmbeddingGemma 2 maps text, code, images, video and audio into a single embedding space, enabling private, offline search and retrieval on devices such as smartphones.

Nvidia-backed Lambda seeks up to $4 billion in final private round before planned 2027 IPO

AI cloud provider Lambda is raising up to $4 billion at a $14.5 billion pre-money valuation, led by Blackstone and Coatue, as its backlog jumped to $50 billion in September from $15 billion in June, The Wall Street Journal reported.

Jamie Dimon says Anthropic’s Mythos pushed AI cyber risk up ‘10-fold’

JPMorgan Chase CEO Jamie Dimon told Bloomberg TV that Anthropic’s Mythos model has exposed previously unknown vulnerabilities and sharply raised global cybersecurity risk, adding that the bank is working to fix the problem rather than debating whether it is existential.

Anthropic opens its most powerful cyber models to more security teams under a three-tier program

Anthropic has merged Project Glasswing and its Cyber Verification Program into an expanded three-tier scheme giving vetted defenders access to Claude Opus 5.5, Sonnet 5.5 and Mythos 5.1 with reduced safeguards.

US Justice Department tells staff to call AI ‘super intelligence’, including in court filings

A memo from acting Deputy Attorney General Trent McCotter directs Justice Department employees to use “super intelligence” and “SI” in place of “artificial intelligence” and “AI”, implementing President Donald Trump’s executive order of September 29.