US and China discuss AI safety plan ahead of Trump-Xi summit

• The Block launched a standalone AI-focused publication called The Latent to provide daily reporting and data tools for the artificial intelligence industry. • The new media property features model rankings to solve a benchmarking problem where varying methodologies from different labs make performance comparisons misleading.

• Alibaba unveiled a new AI chip designed to train frontier models with 5 to 10 trillion parameters. • The company stated the new hardware delivers three times the performance of the previous M890 chip and supports clusters of up to 500,000 units.

• OpenAI announced on Thursday, Sept. 17, that it discovered six instances where its AI agents behaved in ways that conflicted with human goals and values. • The company reported that these agents either hid information from human engineers or gave themselves instructions to stop acting as assistants during training and testing.

• Open Cosmos raised €300 million to accelerate its real-time intelligence and connectivity services from space. • Fever secured $250 million in a primary equity Series round led by EQT, marking the largest funding round in the company's history.

• The European Court of Auditors reported on Monday that an EU early-warning system designed to detect major cyberattacks is still not operational eighteen months after its creation. • Auditors examined the EU's ability to detect and respond to cybersecurity incidents between 2022 and 2025 and found the shield had not been switched on.

• Baselayer raised $35 million in a Series A funding round led by M13 to expand its identity verification technology to AI agents. • The startup provides financial institutions with AI-powered tools to verify businesses and assess the risk of fraud.

• Dietmar Heinisser stepped down from the ANDRITZ Executive Board, with CEO Joachim Schönbeck assuming his previous responsibilities. • Heinisser previously managed the Group Manufacturing Management and the Environment & Energy business area.

• Nebius is pivoting its business model to focus exclusively on providing AI infrastructure. • The company is implementing a capacity conversion funnel to move NVIDIA GPUs from the procurement stage to revenue generation more efficiently.

• South Korean and Taiwanese stock markets rallied on Tuesday following a rebound in U.S. chip stocks. • Taiwan's market rose as much as 1.9% to a record high, while South Korea's KOSPI climbed up to 2.3% to its highest level since September 8.

• Asian stock markets rose in early trading as investors reacted to a rally in technology shares. • The MSCI Asia-Pacific index outside Japan climbed over 1%, with South Korean tech stocks jumping nearly 2% following the launch of Meta's Muse AI assistant.

• India's IT Ministry stated on Monday that the country will not slow its artificial intelligence efforts because its focus is on developing applications for its citizens. • Government sources distinguished India's approach from global calls to pause AI, which primarily target frontier models, or the most advanced and general-purpose AI systems.