Altman, Amodei and Hassabis join G7 as Europe pushes 'sovereign AI'
OpenAI, Anthropic and DeepMind chiefs joined the G7 in France for talks on AI risk and sovereignty, days after the US barred Anthropic from sharing its top models abroad.
SpaceX to buy AI coding startup Cursor for $60 billion days after IPO
SpaceX agreed to acquire Anysphere, the maker of AI coding tool Cursor, in an all-stock deal valuing it at $60 billion. The move follows SpaceX’s blockbuster Nasdaq debut last week.
Zuckerberg concedes missteps as Meta completes 8,000 AI-driven layoffs
In an internal memo, Mark Zuckerberg acknowledged Meta made mistakes restructuring around AI after cutting roughly 8,000 jobs — about 10% of staff — while redirecting some 7,000 workers into new AI teams and planning up to $145 billion in 2026 capital spending.
Anthropic disables Fable 5 and Mythos 5 after US export-control order bars foreign access
A US export-control directive ordered Anthropic to cut off its most powerful AI models from all foreign nationals, citing national security. The company complied within hours but said the order gave no detailed justification.
EU orders Meta to restore rival AI chatbots' WhatsApp access within five days
The European Commission issued interim measures forcing Meta to let rival AI assistants such as ChatGPT back onto the WhatsApp Business API; Meta says it will appeal.
OpenAI to acquire Ona, the former Gitpod, to run Codex agents in company clouds
OpenAI said Thursday it will buy Ona, whose secure cloud environments let AI coding agents work for hours or days at a time inside a customer's own infrastructure.
Oracle posts record quarter but stock plunges on $40 billion raise and capex surge
Oracle reported record Q4 revenue of $19.2 billion with cloud infrastructure up 93%, but shares fell about 13% after it said it will raise some $40 billion to fund AI spending.
Anthropic's Claude Fable 5 brings frontier 'Mythos-class' AI to the public
Anthropic released Claude Fable 5, its most capable publicly available model, with safety routing for high-risk topics, as the rollout reached Amazon Bedrock and enterprise customers this week.
Pentagon adds Alibaba, BYD, CATL and Baidu to Chinese military companies list
The Pentagon added dozens of major Chinese firms, including Alibaba, BYD, CATL, Baidu and Huawei, to its list of companies it says are tied to China's military. The designation triggers a ban on most Defense Department contracting starting June 30.
OpenAI files confidentially for IPO, opening door to a Wall Street debut
OpenAI has confidentially filed paperwork with the SEC for an initial public offering, with Goldman Sachs, Morgan Stanley and JPMorgan leading an offering analysts expect to top $1 trillion.
Apple unveils revamped, conversational Siri at WWDC in Tim Cook's farewell keynote
Apple showed a rebuilt, conversational Siri and a new cloud AI model running on Nvidia GPUs at WWDC 2026 on Monday. It was Tim Cook's last keynote before he hands the CEO role to John Ternus on Sept. 1.
Corning lands multibillion-dollar Amazon fiber deal for AI data centers
Amazon will buy optical fiber, cable and connectivity from Corning to wire its US AI data centers — the glassmaker's third AI megadeal of 2026 after Meta and Nvidia.
Apple's WWDC 2026 to headline a Gemini-powered Siri overhaul
Apple opens its Worldwide Developers Conference on Monday, June 8, with a long-delayed Siri revamp built partly on Google's Gemini models as the centerpiece. Other expected announcements span iOS 27, an AI agents push, and third-party AI defaults.
Anthropic files confidentially for IPO at $965 billion valuation
Anthropic has confidentially submitted draft paperwork for a public listing, potentially beating rival OpenAI to Wall Street as soon as this fall. The filing follows a $65 billion funding round that lifted the Claude developer's valuation to about $965 billion, with annualized revenue said to have crossed $47 billion in May.
Broadcom shares plunge 15% as AI chip outlook disappoints
Broadcom shares fell more than 15%, their steepest one-day drop since early 2025, after the company's forecast for AI chip sales came in below Wall Street's expectations. The chipmaker beat on the quarter with record revenue of $22.19 billion but guided third-quarter AI revenue to about $16 billion, short of the roughly $17.2 billion analysts sought.