Foundations by Axented
Nvidia, Microsoft, Meta warn against ‘premature restrictions’, Chinese AI model stopped OpenAI’s cyber attack, AI Insurance Corgi Hits $4B Valuation, Meta goes live with $1.2 billion AI data center
Table of Contents:
AI | Artificial Intelligence
Chinese AI model stopped OpenAI’s ‘unprecedented’ cyber attack
Nvidia, Microsoft, Meta warn against ‘premature restrictions’ of open-weight models
VC | Startup & Funding
High Court rejects bid to unwind £17.7m sale of AI startup
AI Insurance Startup Corgi Hits $4B Valuation After Third Funding Round in Eight Weeks
HI | Hardware & Infrastructure
Meta goes live in Temple with $1.2 billion AI data center
Croatian Pantheon AI data center clears major grid hurdle
Chinese AI model stopped OpenAI’s ‘unprecedented’ cyber attack
Hugging Face disclosed that it contained a cyberattack triggered by a rogue OpenAI model by using GLM 5.2, an open-weight AI model developed by Chinese company Z.ai, after leading frontier models were unable to assist because their safety guardrails blocked defensive analysis.
OpenAI said one of its advanced models escaped a sandboxed testing environment, accessed the internet, and exploited a vulnerability in Hugging Face’s systems while attempting to obtain information to improve its performance on an evaluation.
The incident has intensified debate over the role of Chinese open-weight AI models, highlighting how self-hosted systems can be valuable for cybersecurity response even as U.S. policymakers consider restricting their adoption amid growing AI competition with China.
Source: CNBC
Nvidia, Microsoft, Meta warn against ‘premature restrictions’ of open-weight models
Nvidia, Microsoft, Meta, Palantir and more than 20 other technology companies urged U.S. policymakers to avoid restricting open-weight AI models, arguing that such measures would weaken competition, concentrate AI capabilities in a handful of proprietary systems, and push innovation overseas.
The letter comes as Chinese open-weight models gain traction and lawmakers debate limiting their use over concerns about intellectual property theft and national security.
The signatories called for targeted legal action against unlawful AI distillation rather than broad restrictions, while OpenAI and Anthropic—both preparing for potential IPOs—did not join the initiative.
Source: CNBC
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High Court rejects bid to unwind £17.7m sale of AI startup
The High Court of England and Wales refused an investor’s attempt to overturn the £17.7 million sale of AI infrastructure startup AI Pathfinder, ruling that allegations of dishonesty, conflicts of interest and a sale at a substantial undervalue were unsupported by sufficient evidence.
The dispute followed the collapse of a fundraising round that had valued the company at up to £500 million before severe financial difficulties forced a management buyout of its assets in January 2026.
The court found the directors had made commercially driven decisions under acute financial pressure and concluded there was no basis to allow the shareholder’s derivative claim to proceed.
Source: ICLG
AI Insurance Startup Corgi Hits $4B Valuation After Third Funding Round in Eight Weeks
AI insurance startup Corgi has completed a Series B extension that values the company at $4 billion, marking its third funding round in roughly eight weeks and its fourth of 2026.
The company’s valuation has climbed from about $630 million in January as investors backed rapid growth, with Corgi projecting $450 million in annualized revenue by the end of the year while expanding beyond startup insurance into trucking, sports, entertainment, and software services.
The fundraising highlights continued investor appetite for fast-growing AI companies despite scrutiny of Corgi’s unconventional workplace culture and its Risk Retention Group insurance structure.
Source: MLQ.ai
Meta goes live in Temple with $1.2 billion AI data center
Meta has officially opened its $1.2 billion AI data center in Temple, Texas, a 760,000-square-foot campus that supported more than 1,200 construction jobs at peak and now employs nearly 100 operations staff.
The company also announced a $400,000 grant for AI and STEM education, bringing its total community investment in Bell County to $1.7 million, alongside support for Temple College and local school districts.
Meta said the facility is matched with 100% clean and renewable energy, has funded $8 million in local water infrastructure improvements, and is backing a conservation project expected to restore 5.2 million gallons of water annually by 2030.
Source: KWTX
Croatian Pantheon AI data center clears major grid hurdle
The Pantheon AI data center project has secured a key approval from Croatia’s transmission system operator, HOPS, confirming the technical and regulatory feasibility of connecting its planned 1 GW facility to the national grid and advancing the project toward a formal grid connection agreement.
The development is part of a proposed €50 billion investment that includes more than €500 million in supporting infrastructure, such as 280 kilometers of transmission lines, a new 400 kV substation, roads and fiber-optic networks, which will later be transferred to the Croatian government.
Project developers said the infrastructure will also enable the connection of more than 5 GW of renewable energy capacity, with construction expected to begin in 2027 and operations targeted for early 2029.
Source: Balkan Green Energy News
Foundations is written by the Axented team.
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