OpenAI & Microsoft Fund UK AI Security, ByteDance Expands in US - Daily AI Brief #398
February 21, 2026 -
Daily AI Brief
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Welcome to today's AI Brief.
OpenAI and Microsoft have announced funding for a new AI Security Institute in the UK. Meanwhile, InScope has secured $14.5 million to advance its financial reporting automation technology. OpenAI CEO has called for global AI regulation, emphasizing the need for international cooperation in the field.
ChatGPT, according to recent data. Additionally, G42 and Cerebras are set to deploy a supercomputer in India, and the Mistral AI CEO has advocated for open-source AI at a summit in the country. OpenAI is also planning to launch its first hardware product, a smart speaker, while discussing chip supply and AI safety in India.
Welcome to today's AI Brief.
OpenAI and Microsoft have announced funding for a new AI Security Institute in the UK. Meanwhile, InScope has secured $14.5 million to advance its financial reporting automation technology. OpenAI CEO has called for global AI regulation, emphasizing the need for international cooperation in the field.
OpenAI and Microsoft Fund UK AI Security Institute
OpenAI and Microsoft have committed funding to the UK's AI Security Institute's Alignment Project, which aims to ensure advanced AI systems are safe and secure. Their contributions increase total funding to over £27 million, supporting research projects globally. Read more
InScope Secures $14.5M for Financial Reporting Automation
InScope, an AI-driven financial reporting platform, has raised $14.5 million in Series A funding to enhance automation in financial statement preparation. Read more
OpenAI CEO Calls for Global AI Regulation
At the AI Impact Summit in New Delhi, OpenAI CEO Sam Altman called for urgent global regulation of AI, proposing an organization akin to the International Atomic Energy Agency to manage these efforts. Read more
OpenAI: Young Adults Dominate ChatGPT Usage in India
According to OpenAI, nearly half of ChatGPT users in India are aged 18 to 24, with a significant portion using it for professional tasks. The company is also expanding its operations in India. Read more
G42 and Cerebras to Deploy Supercomputer in India
Abu Dhabi's G42 and U.S. chipmaker Cerebras are collaborating to establish a supercomputer in India with 8 exaflops of computing power, announced at the India AI Impact Summit. Read more
Mistral AI CEO Advocates Open-Source AI at Summit
At the India AI Impact Summit 2026, Mistral AI CEO Arthur Mensch highlighted the need for open-source AI and digital sovereignty, urging India to invest in local talent and control its AI infrastructure. Read more
Public First Action Supports Alex Bores Against AI Super PAC
Public First Action, funded by a $20 million donation from Anthropic, is investing $450,000 to back New York Assembly member Alex Bores in his congressional campaign. This move follows attacks from the pro-AI super PAC Leading the Future, which opposes Bores' RAISE Act sponsorship. Read more
Claude Code Security Launches Research Preview
On February 20, 2026, Claude Code Security introduced a new tool to help security teams identify and fix software vulnerabilities using advanced AI techniques. The limited research preview is available to Enterprise and Team customers, with expedited access for open-source maintainers. Read more
OpenAI Plans Smart Speaker as First Hardware Product
OpenAI is reportedly developing its first hardware product, a smart speaker, expected to launch in February 2027. The device will include a camera for environmental awareness and facial recognition capabilities. Read more
OpenAI Addresses Chip Supply and AI Safety in India
OpenAI has expressed confidence in its chip supply management and emphasized the need for global collaboration on AI safety standards at a summit in India. Read more
ByteDance Expands AI Team in US with 100 New Positions
Chinese tech company ByteDance is hiring nearly 100 new employees for its AI division, Seed, in the US to enhance its competitive edge against leading US AI firms. Read more
CHAI Achieves $70M ARR with Focus on AI Safety
CHAI has reached $70 million in annual recurring revenue, highlighting its commitment to AI safety with measures aligned with the EU AI Act and NIST AI Risk Management Framework. Read more
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