Luke Kawa / Sherwood News:
D-Wave Quantum agrees to acquire Quantum Circuits, a developer of error-corrected gate-model technology, for $550M, with $300M in stock and the rest in cash  —  D-Wave Quantum announced Wednesday that it has struck a deal to purchase Quantum Circuits for $550 million, as the annealing-centric …

Bloomberg:
Chinese short-video app Kuaishou's stock has surged 88% over the past year, driven by the success of its Kling AI video generator, which has amassed 60M users  —  Few major companies have tried to pull off a pivot to AI as swiftly as Kuaishou Technology.  —  Long known as a laggard …

Wired:
Documents: OpenAI is asking contractors to upload their work from current or previous jobs to evaluate its models, leaving it to them to scrub confidential info  —  To prepare AI agents for office work, the company is asking contractors to upload projects from past jobs …

Jon Brodkin / Ars Technica:
Italy fines Cloudflare €14.2M for refusing to block pirate sites on its 1.1.1.1 DNS service; CEO Matthew Prince says he will discuss it with US officials  —  Italy fined Cloudflare 14.2 million euros for refusing to block access to pirate sites on its 1.1.1.1 DNS service …

Betterment, a financial app, sent a sketchy-looking notification on Friday asking users to send $10,000 to Bitcoin and Ethereum crypto wallets and promising to "triple your crypto," according to a thread on Reddit. The Betterment account says in an X thread that this was an "unauthorized message" that was sent via a "third-party system." Here's […]