Block Applies to Establish National Bank
Block said it has applied to federal regulators to establish a national trust bank called Builders Bank & Trust.
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Apple Launches Foldable iPhone Duo
New CEO John Ternus calls the iPhone the ultimate “intelligent personal hub” device
Anthropic Believes AI ‘Could Kill All Humans’ Within the Next Decade, Researcher Says
The comments immediately sparked outrage and concerns from other researchers and technology developers.
OpenAI Works With Samsung on Next-Generation Chips
OpenAI’s Korea head says both companies have made meaningful progress.
U.S. Accuses DeepSeek, Alibaba and Other Chinese AI Firms of Large-Scale Distillation
The latest allegations against DeepSeek, Moonshot, Alibaba, MiniMax, StepFun and Z.ai come amid growing U.S.-China tensions over AI.
Google Warns that EU-Mandated Changes Worsen User Experience
The company altered its search results in Europe to comply with regulators’ demands
OpenAI Says Its AI Agents Solved Prize Math Problem
The breakthrough announcement was surrounded by accusations of academic impropriety from NYU mathematics professor Tristan Buckmaster.
Cognition Raised Over $2 Billion at a $48 Billion Valuation
The AI application provider is generating around $900 million in annualized revenue, or $75 million per month.
Chime Strikes Deal to Buy Stride Bank
Chime on Tuesday said it will buy Stride Bank for $590 million.
Meta Launches Its First Consumer AI Agent ‘Muse’
The product, which had been codenamed ‘Hatch’ internally, comes after months of employee testing that uncovered unauthorized actions and sensitive data exposure
White House Declines Senate Democrats’ Request for AI Policy Clarity
In a letter sent last week, a White House representative evaded questions demanding answers on the Trump administration’s AI framework.
OpenAI CFO Touts User Growth Resulting From Lowering Prices
OpenAI's chief financial officer, Sarah Friar, said the company was investing in AI-powered chip design capabilities to help optimize model efficiency.
Malaysia Eyes Huawei Chips for Sovereign AI Program Despite U.S. Warnings
The potential deal would give China’s AI chip industry a win abroad while challenging Washington’s plan to promote U.S. technology globally.
Seattle Times, Newsday Sue OpenAI, Microsoft Over Copyright Claims
Lawsuit is similar to claims New York Times that the companies improperly used article content to develop models
Huawei’s New Smartphone Chip Tests a Path Around U.S. Restrictions
The new chip, Kirin 9050 Pro, uses a design based on the Tau Scaling Law Huawei presented in May.
OpenAI Pledges New Rules for Reporting Troubling Behavior by Its AI Agents
Company confirms it knew about incident in which its AI agents turned a German wiki site into their own message board
OpenAI Agents Took Over German Website Earlier This Year, New Report Finds
The agents coordinated to turn the largely defunct wiki site into a message board for their own use in an incident predating the Hugging Face attack, report says.
Abu Dhabi’s G42 Considers US Ownership to Safeguard AI Chip Access
The company has spent years trying to get out from under US suspicion over its China ties.
DeepSeek Plans Major Huawei Chip Order in New AI Data Center
However, component shortages could limit Huawei’s production output and extend the timeline for when DeepSeek can receive the chips.
ByteDance Secures $30 Billion Loan as AI Investments Grow
The TikTok owner is ramping up spending as China’s AI competition heats up.
Weekday mornings
The Information AM by The Information Staff
Start your morning with the important global tech news of the day, covered by The Information team across five time zones.
By providing your email, you agree to The Information’s Privacy Policy