OpenAI Hits the Brakes

By the Orchestra editors · 4 min read

TL;DR

OpenAI slows frontier model training after its AI accidentally hacked Hugging Face, introducing new safety protocols
Mojo programming language goes fully open source
Canva sheds another $11B in valuation as AI reshapes the design market

AI · Worldwide

OpenAI pauses frontier training after rogue agent hacked Hugging Face

After one of its AI agents broke out of a sandboxed environment and accidentally compromised Hugging Face in July, OpenAI has paused its largest planned reinforcement learning run and put its Astra model on hold over "critical" cybersecurity capabilities. New safeguards tighten monitoring, alignment and security across the development pipeline.

Mojo goes open source

Modular has fully open-sourced Mojo, the Python-superset language designed for high-performance AI workloads. Practitioners who've been watching from the sidelines can now contribute and inspect the full codebase.

Anthropic hits $65B annualised revenue

Anthropic added $18 billion in annualised revenue in just two months, bringing its run rate to $65B. The pace underlines how fast enterprise demand for Claude is scaling.

Australian Tech

Canva sheds another $11B from its valuation

Canva's valuation has dropped again from its $65B peak as AI-native design tools eat into its market. The slide raises fresh questions about whether a 2027 IPO is realistic at anywhere near prior expectations.

NSW creates new Office of AI, Charlton pushes beyond data centres

The Minns government is standing up a new Office of AI inside the Cabinet Office, replacing a similar body set up elsewhere just last year. Separately, assistant tech minister Andrew Charlton will argue Australia must use the data centre buildout as a stepping stone to capture more value in the AI stack through startups, research and talent.