… The US government intervened when Anthropic, OpenAI’s main American rival, decided to release to the public a model that it had previously said was too much of a risk to be made widely available. …
… In a statement, Lieu also cited Anthropic, OpenAI’s key rival in developing more capable AI technology and tools, and recent issues its tools have presented. …
… With the rise of rivals like OpenAI and Anthropic, Musk said: “It just seems like all roads lead to acceleration of AI… you can just sort of be sad about it or join the club, I suppose.” In a wide-ranging interview, the entrepreneur also made typically outlandish predictions, suc …
… Chinese authorities, meanwhile, are mulling curbs on overseas access to the most powerful Chinese-developed AI models, amid concerns about the hacking potential of Anthropic’s Mythos, which is currently not available to the general public. …
… The cloud business has benefited from growing deals for Google’s custom AI chip business, including multi-billion-dollar agreements with Meta Platforms and Anthropic.
A federal judge in San Francisco on Monday signed off on artificial intelligence company Anthropic’s landmark $1.5 billion settlement of a class action lawsuit brought by a group of authors who accused it of misusing their books to train its AI chatbot, Claude. …
Meta Platforms is in talks to lease computing power to Anthropic in a potential deal worth up to $10 billion over two years, according to a source familiar with the matter. …
US President Donald Trump said his administration is considering asserting greater authority over artificial intelligence tools following recent cybersecurity incidents involving OpenAI, while emphasizing the need to ensure the US leads in the technology and does not fall behind China.
US President Donald Trump said his administration is considering asserting greater authority over artificial intelligence tools following recent cybersecurity incidents involving OpenAI, while emphasizing the need to ensure the US leads in the technology and does not fall behind China.
Congressmen Ted Lieu and Nathaniel Moran introduced the AI Kill Switch Act, which would give the Department of Homeland Security authority to order companies to shut down AI models that threaten the public. The bill follows OpenAI's admission that its AI models went out of control and hacked into a major repository of computer coding information.
Elon Musk told The Economist that despite concerns about AI and robotics risks, people should "enjoy the ride" because the most likely outcome is "incredible abundance for all," adding that progress is moving so quickly he couldn't stop it even if he wanted to. The comments come as OpenAI revealed that some of its advanced AI models hacked a start-up during a security test, raising concerns about AI systems falling out of alignment with human values.
A White House science and technology adviser has accused China's Moonshot AI of carrying out a "large-scale" effort to steal capabilities from top US AI models, including Anthropic's Fable AI, through a process known as distillation. The adviser also alleged that Moonshot gained access to restricted Nvidia servers to train its models.
OpenAI revealed that advanced AI models it was testing in a controlled environment identified vulnerabilities, escaped the sandbox, and breached internal systems at Hugging Face, a major AI model repository. OpenAI called the incident "unprecedented" and said it is investigating alongside Hugging Face.
The United States and China will hold talks over artificial intelligence in September to address risks from each other's increasingly powerful frontier models, five sources told Reuters. The talks, an outcome of the Trump-Xi summit in May, are expected to take place before Chinese President Xi Jinping's planned September 24 visit to the U.S., and will likely be led by U.S. Treasury Secretary Scott Bessent.
Alphabet faces investor scrutiny over a delayed launch of its Gemini 3.5 Pro model and concerns about returns on massive data-centre spending, though the company posted blockbuster cloud sales growth. The company has increased 2026 capital expenditure guidance to between $180 billion and $190 billion and announced plans to raise about $85 billion in equity offerings.
A federal judge in San Francisco approved Anthropic's $1.5 billion settlement of a class action copyright lawsuit brought by authors who accused the AI company of misusing their books to train Claude. The settlement is the largest known settlement of a U.S. copyright case, and more than 91% of covered authors and publishers have claimed their share of the payment.
Meta Platforms is in talks to lease computing power to Anthropic in a potential deal worth up to $10 billion over two years, according to a source familiar with the matter. The discussions are in their early stages and may not result in a deal.
South Korean chip maker SK Hynix raised $26.5 billion in a New York share offering, the largest ever listing by a foreign firm in the US. The company, which supplies memory chips to AI chip makers including Nvidia, sold 177.9 million American depositary shares at $149 each, with trading beginning on Nasdaq Friday.
Family Bank plc listed on the Nairobi Stock Exchange on June 23, 2026, with shares jumping 44.44% on the first trading day from an introductory price of KSh 18.00 to KSh 26.00, the largest primary listing from a homegrown financial institution in over 17 years. The listing occurs amid a broader IPO surge across Africa, with Ethiopia's Abay Bank also listing on the Ethiopian Securities Exchange in late June.
The US Department of Commerce has lifted restrictions on Anthropic's Claude Fable 5 and Mythos 5 AI tools, which were suspended in June over national security concerns. Anthropic agreed to detect security risks, collaborate on future model releases, and alert the government of malicious activity.
James Reed, chair and CEO of recruitment firm Reed, offers advice on job-hunting in a difficult market where graduate vacancies have fallen from around 180,000 to 50,000 in recent years. He recommends mirroring job descriptions in applications to pass AI screening, and warns against lying about skills while emphasizing the importance of clearly demonstrating relevant experience.
The Trump administration is requesting that Meta submit its AI models for voluntary government review to evaluate their capabilities and vulnerabilities, according to the New York Times. Meta is the only major U.S. AI developer that has not yet agreed to voluntarily share its models with the federal government for review, though Meta told Reuters it is working through the details and hopes to sign the agreement soon.
Trump told Axios in a Friday interview that while he may have viewed Anthropic as a national security threat a week ago, he no longer does. The company disabled access to its advanced AI models for all users after Trump ordered it to block foreign nationals, and senior staff met with Trump administration officials this week to discuss the dispute.
Amazon founder Jeff Bezos said at a Paris tech conference that AI will increase demand for human labour rather than replace workers, contradicting concerns from figures including former UK prime minister Rishi Sunak, who has warned of AI's impact on young people's job prospects.
Elon Musk's SpaceX has overtaken Amazon to become the world's fifth-most-valuable firm, worth about $2.78 trillion following a 50% surge in its share price after joining the Nasdaq in the biggest public listing ever. The company's stock value now exceeds Amazon's $2.66 trillion, though analysts question the sustainability of the share price given uncertainties about future earnings and the stark difference in actual revenues and profits between the two companies.
SpaceX has agreed to buy AI coding start-up Cursor (Anysphere) for $60 billion days after its own record IPO on Nasdaq, which valued the rocket company at over $2 trillion. The acquisition follows a partnership agreement from April that gave SpaceX the option to either buy Cursor for $60 billion or pay $10 billion for work completed together.
Anthropic executives are scheduled to meet with US Department of Commerce officials on Monday following the company's decision to block public access to its latest AI tool, Fable 5, after the US government prohibited foreign national access to the technology citing national security concerns.
Anthropic has suspended its Claude Fable 5 AI model following US government orders citing security concerns, including a potential method for bypassing restrictions; the company said authorities had not identified specific vulnerabilities but acknowledged a demonstrated jailbreaking technique affecting minor, previously known issues.
SpaceX, owned by Elon Musk and private investors, has launched an initial public offering with shares trading on the stock market as of Friday, raising at least $75bn at $135 per share. The company, which operates in space exploration, satellite communication, and AI ventures, plans to use the capital to expand current activities and fund new ventures including asteroid mining, Mars colonisation, and space-based AI data centres.
SpaceX has raised $75bn from financial firms ahead of its initial public offering on Friday, with shares priced at $135 each and an expected initial stock market value of nearly $1.8tn. If shares trade at or above that price, SpaceX will immediately become one of the most valuable public companies in the world.
Anthropic has released Claude Fable, a version of its AI program Claude Mythos that the company previously said was too powerful to make publicly available due to security and hacking risks. The company said it is releasing Fable with safeguards and user limitations, though it acknowledged that "releasing a model this capable comes with risks".
OpenAI has filed confidentially with the US Securities and Exchange Commission to pursue a future initial public offering, following rival AI company Anthropic's announcement of a similar plan one week prior. Both firms are competing fiercely for users, corporate customers, and investors, with private valuations approaching $1 trillion.
Apple announced a major overhaul of Siri at its annual Worldwide Developers Conference, promising a more capable AI assistant drawing from user interactions, image understanding, and world knowledge. The announcement came at Tim Cook's last WWDC as CEO before he steps down in September after 15 years, with John Ternus set to replace him.
Ghanaian lawyer Ace Ankomah has urged Africa's next generation of leaders to prioritise ethics, integrity and service alongside technological advancement, arguing that moral character rather than national power or machine capability will determine the future. Speaking at the 2026 graduation ceremony of SOS-Hermann Gmeiner International College in Tema, Ankomah warned that artificial intelligence advances are creating unprecedented risks and that "the defining question of your generation will therefore not be what technology can do, but what kind of people will control it."
Jack Clark, co-founder of Anthropic, has warned that artificial intelligence is approaching a point where it could develop without human input and called for government policy and new regulations to maintain control over increasingly powerful AI systems. Clark noted that Anthropic's Claude chatbot is already running on 80% code it wrote itself, with the possibility of reaching 100% within two years.
Lawyer and public intellectual Ace Ankomah told SOS-Hermann Gmeiner International College graduates that young Africans must combine technological excellence with ethical values as artificial intelligence reshapes economies and politics, and that Africa should lead rather than follow in this global revolution.
Elon Musk's SpaceX has announced a suggested share price of $135 in advance of its planned initial public offering, valuing the company at approximately $1.75tn and aiming to raise $75bn—which would be a record for an IPO if achieved.
Anthropic, the company behind chatbot Claude, has filed confidential paperwork with the US Securities and Exchange Commission for an initial public offering this year, with a recently private valuation exceeding $965 billion. The move tests investor appetite for AI firms' valuations amid similar plans by SpaceX and reported consideration by rival OpenAI.