An AI Contract Became a Border
Over 11 days, Canada paired a CA$500 million AI fund and a 250,000-job goal with warnings that concentrated model access resembles pre-2008 financial risk.
Sources: senior Anthropic technical staff flew to DC to meet WH officials over the Mythos 5 dispute, with both sides saying they are eager to resolve the issue
Senior technical Anthropic staff are in Washington to meet with White House officials to try to fix a dispute that has taken …
Keir Starmer says the UK will ban social media for under-16s in an “Australia-plus model” to “give kids their childhood back”, set to take effect in spring 2027
British Prime Minister Keir Starmer said on Monday he would ban social media sites for under-16s and impose restrictions on gaming …
Sources: several Xbox studios, including Hellblade maker Ninja Theory, are in talks with Microsoft to buy themselves back and go independent to avoid closure
The studios, which include Compulsion Games and Double Fine, are in active negotiations with Xbox and may be given the chance to go independent.
Siri AI is good enough to ease Apple's AI crisis; sources say the ability to tap third-party AI models beyond OpenAI's is inside the first iOS 27 developer beta
The company prepares for the foldable iPhone and touch-screen MacBook. — Apple's new Siri AI, despite mainly delivering …
A profile of UC Berkeley professor Hany Farid, the world's leading digital forensics expert for 20+ years, who says he is now struggling to identify deepfakes
The emails began to arrive on a Sunday morning, as the worst ones often did. Hany Farid opened the first message at his home …
Satya Nadella says companies must own their AI “learning loops” that compound human capital and token capital, or risk ceding all value to a few frontier models
I've been thinking a lot about the future of the firm in an AI-driven economy. This transition is different than any previous platform shift.
Fox says it is acquiring Roku in its largest deal yet, valued at ~$25B, giving it access to 100M+ streaming households globally; FOX closes down 15.22%
Acquisition gives Fox access to more than 100 million streaming households — Fox said it is acquiring streaming company Roku in a deal worth around $22 billion, including debt.
Salesforce agrees to acquire AI customer service platform Fin, formerly Intercom, for ~$3.6B, in a deal expected to close in Q4 of its 2027 fiscal year
Salesforce on Monday said it is buying AI customer service platform Fin for about $3.6 billion as businesses accelerate their agentic offerings for enterprises.
Sundar Pichai faced a walkout at his Stanford commencement speech, as 100+ students left while chanting “Free, free Palestine” over Google's Israel contract
Chinese Tesla drivers are using tiny plastic heads to fool Tesla's distracted-driving controls, which appear unable to distinguish figurines from real people
A cottage industry of celebrity figurines, blinking screens, and other DIY gadgets is helping drivers bypass Tesla's distracted-driving controls.
SpaceX IPO raised a total of $85.7B as underwriters exercised their overallotment of shares, after raising an initial $75B on June 11
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President Trump says he warned Emmanuel Macron to drop France's 3% digital services tax on US tech giants, or face a 100% tariff on French champagnes and wines
See more of our coverage in your search results. — Add The New York Post on Google — President Trump warned that France …
The FBI dismantles Outsider Enterprise, an AI-powered Chinese phishing operation, and seizes ~$100K in Tether in a joint effort with Google and Black Lotus Labs
In a coordinated effort, the FBI, working with Google and Black Lotus Labs, has dismantled a massive Chinese phishing …
Electronic Arts launches EA Advertising, letting brands integrate directly into gameplay through dynamic, real-time placements, including stadium signage
Electronic Arts announced EA Advertising, a new way for brands to connect with fans through its portfolio of games …
Docs: Tesla sent Swedish and Dutch regulators Full Self-Driving safety data that traffic-safety researchers called misleading; Dutch RDW approved FSD in April
In its efforts to secure European approval of its “Full Self-Driving” (FSD) system, Tesla (TSLA.O) has presented self-published safety statistics …
Sources: Alibaba is in talks to buy Chinese grocery delivery platform Pupu for $1.5B, as part of a broader push to compete with rivals like Meituan and JD.com
Alibaba Group Holding Ltd. is offering $1.5 billion to buy Chinese grocery delivery firm Pupu, initiating a bidding war as part …
Letter: US cybersecurity leaders urge the White House to lift the ban on Anthropic's Mythos 5 and Fable 5, arguing the move hurts defenders more than attackers
Prominent cybersecurity leaders — including CISOs, security researchers and executives at Adobe, Zoom and Sophos …
Inside the Signal group chat where Sergey Brin, Marc Andreessen, Garry Tan, and other tech elites toss out strategies to oppose a proposed California wealth tax
The billionaires of California had a problem. — It was the fall of 2025, and a proposed ballot initiative to tax 5% …
American Express agrees to acquire restaurant booking platform TheFork from Tripadvisor in an all-cash deal worth $700M; TRIP jumps 6%+
American Express (AXP.N) will buy restaurant booking platform TheFork from Tripadvisor (TRIP.O) in an all-cash deal worth $700 million …
Google says a Chinese-linked hacking group targeted US and Canadian academic, medical, and military research institutions from September 2023 to November 2025
A Chinese-linked hacking group spent more than a year secretly stealing data from U.S. and Canadian academic …
Canadian payments company Nuvei agrees to acquire NY-based cross-border payments company Payoneer for ~$2.75B in cash; the deal is expected to close in mid-2027
Nuvei will buy cross-border payments firm Payoneer (PAYO.O) for about $2.75 billion in cash, the companies said on Monday …
Meta launches new AI features, including an “AI Mode” for search that uses Meta AI to surface answers pulled from public posts across Facebook
As Meta tries to catch up in the AI race and boost engagement with its AI bot, the company announced Monday that it's rolling …
A US judge rejects Meta's bid to dismiss a lawsuit from Strike 3, which owns porn production companies, that alleges Meta torrented its videos for AI training
To keep their piracy lawsuit alive, adult film producers Strike 3 Holdings and Counterlife Media don't have to prove Meta used their films for AI training.
Health wearables are booming, with both Oura and Whoop eyeing IPOs, but investors remain cautious after Fitbit's struggles and low consumer hardware margins
Oura and Whoop are eyeing IPOs at heady valuations — From sleep scores to heart rate, our biology now arrives packaged as a dashboard.LinkedIn:David WainerLinkedIn:David Wainer:Do you wear a tracker...
OpenRouter debuts Fusion, a tool for prompting multiple AI models in parallel, claiming it can achieve “Fable-level intelligence at half the price”
We've found that synthesizing the results of multiple models can significantly outperform what individual models are capable of.
1Password acquires Apono, which operates an AI-powered platform for managing cloud access, sources say in a deal valued at $250M to $300M
AI-era identity security startup joins the Canadian cybersecurity giant as it expands beyond password management into access governance.
NewCore, which helps companies manage both human and AI agent identities in a single system, emerges from stealth with a $66M seed led by Cyberstarts
Cybersecurity startup NewCore emerged from stealth with $66 million in funding on Monday, aiming to solve a challenge it believes …
A US judge dismisses xAI's lawsuit alleging OpenAI stole trade secrets, saying xAI failed to show OpenAI induced a former xAI engineer to divulge trade secrets
A federal judge on Monday dismissed a lawsuit by Elon Musk's artificial intelligence company xAI that accused rival Sam Altman's OpenAI …
A look at a few proposals for sharing AI wealth with the public: government stakes in AI companies, a tax on AI token use, a global capital income tax, and more
Bernie Sanders, President Trump and even A.I. companies say they would like the public to share the wealth. But their solutions are very different.
Indian AI startup Sarvam raised $234M in the first close of a $300M Series B at a $1.5B valuation, with HCLTech acquiring a 10.5% stake for ~$150M in cash
India's HCLTech (HCLT.NS) said on Monday it will acquire a 10.5% stake in domestic generative AI startup Sarvam AI for 14.27 billion rupees …
SpaceX stock closed up 19.6% on Monday, its first full day of trading; Musk said it “might be able to reach” around $1T revenue in 2030, up from $18.7B in 2025
SpaceX shares climbed 20% on Monday, the first full day of trading following a record-breaking debut last week on the Nasdaq.
Tencent-backed Enflame receives approval for a Shanghai IPO and plans to raise ~$888M; Enflame is the last of China's four leading AI chipmakers to go to market
Tencent Holdings Ltd.-backed Shanghai Enflame Technology Co. has received approval for an initial public offering …
As AI “nudify” tools proliferate, unleashing a new form of bullying among kids, parents and schools struggle to protect young victims from explicit deepfakes
As ‘nudify’ tools proliferate online, parents and schools are struggling to protect young victims
Zhipu's shares closed up 33% on Monday after JPMorgan raised the stock's price target and picked it as a winner against MiniMax; MiniMax closed up 7%
Shares of Chinese AI model maker Zhipu surged after JPMorgan Chase & Co. raised the stock's price target and picked it as a winner against close rival MiniMax.
Sandstone, which builds AI-powered workflow automation tools for legal teams at small and mid-sized businesses, raised a $30M Series A led by Lightspeed
With Harvey and Legora burning through eight-figure funding rounds, legal tools have proven to be one of the fastest-growing and most hotly contested verticals among AI startups.
Sources: Frank founder Charlie Javice, sentenced in September 2025 to 85 months for defrauding JPMorgan Chase, has been seeking a presidential pardon from Trump
Source: Nvidia is seeking to raise $20B+ from its first corporate bond sale since 2021, marketed in seven tranches, with maturities spanning two to 30 years
Nvidia Corp. is seeking to raise at least $20 billion from its first corporate bond sale since 2021, according to people with direct knowledge of the matter.
Source: Qualcomm is in talks to buy AI chip designer Tenstorrent for $8B to $10B; Tenstorrent discussed raising $800M at a ~$3.2B valuation last year
Qualcomm has been in talks to buy Tenstorrent, a startup that designs chips for AI, according to a person with direct knowledge of the deal.
Sources: Amazon CEO Andy Jassy is among tech leaders who raised concerns with Trump officials about Mythos 5, setting in motion new export restrictions
ReportMohd Haider /Benzinga:Trump Admin Unlikely To Expand Anthropic AI Export Curbs To OpenAI, Other Rivals: ReportMatthias Bastian /The Decoder:Amazon and five other companies reportedly triggered t...
SailPoint is acquiring Entro Security, which develops a cybersecurity platform for managing non-human identities, a source says in a deal valued at ~$200M
Acquisition strengthens SailPoint's push into the fast-growing market for securing non-human identities.
Court reporting shows AI's limits in replacing human skill, as reporters remain crucial for capturing gestures and working through noise, amid a worker shortage
Court reporters outmatch the technology in skill, but the profession faces another crisis: a shortage of workers
Sources say Anthropic struggles to speak the Trump administration's language; a White House official says it “screwed us” after failing to “honor” a cyber EO
Anthropic has once again found itself in the Trump administration's crosshairs over an inability to communicate effectively, sources tell Axios.
Madrid-based Orbio, which uses AI agents to help businesses interview, onboard, and manage frontline workers, raised a $21M Series A led by Dawn Capital
After Sergi Bastardas' decade at Amazon and floriculture startup Colvin, one thing always stood out — the feeling that there wasn't enough efficient …
Sources: ByteDance is in talks with Shanghai-based Iluvatar CoreX to purchase GPUs for AI inference, and is considering a deal to buy Baidu's Kunlunxin chips
Arcade, which helps companies manage which actions AI agents are authorized to take, raised a $60M Series A led by SYN Ventures, following a $12M seed in 2025
The startup aims to help companies manage the challenge of determining which actions AI agents are authorized to take
Cybersecurity startup Chainguard, Cisco, Cloudflare, JPMorgan Chase, and others launch Athena, a coalition to secure open-source software using AI
More than two dozen companies including JPMorgan Chase & Co. and an array of cybersecurity firms are collaborating to remedy software flaws spotted …
Rylo, which develops real-time speech and sign-language translation tools for deaf and hard-of-hearing users, raised $85M led by General Catalyst and Canaan
Radical Numerics, which is developing AI models that learn directly from biological data, raised a $50M seed led by Emergence Capital
Radical Numerics, an AI research lab for biological data, raised a $50 million seed round, CEO Eric Nguyen tells Axios.
Hypha, which extracts data from private-market documents to create workflows for underwriting, portfolio monitoring, and asset management, raised a $50M seed
Sources: the US government plans to let the Federal Data Center Enhancement Act, which details standards for data center use and operations, expire in September
The federal government is planning to let a rule regulating federal data center operations sunset in September with no replacement.
An Isle of Man government crackdown on online casinos has led to the island losing a substantial tax revenue source, accelerating a slide toward a fiscal cliff
Anthropic's belief in its own commitment to safety gives Anthropic the license to aggressively favor its business and even challenge the US government
I'm sympathetic to the cynics who consistently characterize Anthropic's public statements, particularly those surrounding their model releases …
Canada's PM says the Anthropic ban shows the dangers of “over-reliance on certain models”, and compares the risks to those that led to the 2008 financial crisis
Prime Minister Mark Carney said the US export ban blocking all foreign access to Anthropic PBC's latest artificial …
Fox says it obtained a $12B loan for the ~$22B Roku deal; existing Fox shareholders are expected to own ~73% of the combined company and Roku shareholders ~27%
Fox Corp. has reached an agreement to acquire Roku for roughly $22 billion, marking another chapter in media consolidation …
The EU says it's assessing the practical consequences of the US' Anthropic export controls, noting such measures “should not be discriminatory against partners”
Source: Anthropic was given 90 minutes to comply and was not provided with detailed concerns before the export control order was issued
Export controls on Fable and Mythos raise doubts over how US will police the most powerful AI systems — The Trump administration's decision …
A profile of Kalshi COO Luana Lopes Lara, who has overseen a tremendous pace of growth over the past year as the startup faces political and regulatory backlash
Since Russia ratcheted up control over the internet this year, some Russians are turning to solutions like using multiple phones and VPNs to evade restrictions
The UK's social media ban will cover Snapchat, TikTok, YouTube, Instagram, Facebook, X, and more, and will require platforms to stop children from livestreaming
The UK has announced it is going to block social media for under-16s. — Prime Minister Sir Keir Starmer said that the ban would take effect in early 2027.