| New York Times: |
How David Sacks' work on AI and crypto in Trump's White House benefits his investments, those of his Silicon Valley friends, and the All-In podcast he co-hosts — In July, David Sacks, one of the Trump administration's top technology officials, beamed as he strode onstage at a neoclassical auditorium just blocks from the White House.| NBC News: |
US startups are increasingly adopting open-source Chinese AI models, as some capabilities of Chinese models start to catch up with those of frontier US labs — AI startups are seeing record valuations, but many are building on a foundation of cheap, free-to-download Chinese AI models.| Jonathan Kemper / The Decoder: |
| Reuters: |
Indian government order: India's telecom ministry privately asks phonemakers to preload state cybersecurity app Sanchar Saathi on all new devices within 90 days — India's telecoms ministry has privately asked smartphone makers to preload all new devices with a state-owned cyber security app … | Dylan Patel / SemiAnalysis: |
An in-depth look at TPUv7 Ironwood, the latest generation of Google's TPU, and how it positions Google as a serious challenger to Nvidia's AI chip dominance — Potential End of the CUDA Moat?, Anthropic's 1GW+ TPU Purchase, The more (TPU) Meta/SSI/xAI/OAI/Anthro buy the more (GPU capex) … | Financial Times: |
German AI startup Black Forest Labs, which develops the open-source Flux image models, raised $300M at a $3.25B valuation, up from $1B in September 2024 — Low-profile group has quickly emerged as a top developer of image generation technology — German start-up Black Forest Labs … | Sohee Kim / Bloomberg: |
South Korean authorities are investigating a data leak at e-commerce giant Coupang that exposed ~33.7M accounts; the country has a population of 51.7M — South Korean authorities are investigating a data leak at online retailer Coupang Inc. that exposed about 33.7 million accounts … | Michael Acton / Financial Times: |
Q&A with ex-Intel CEO Pat Gelsinger on the “decay” at Intel, the Chip Act's terrible execution, the irony of Lip-Bu Tan broadly following his strategy, and more — The executive on the ‘hideous’ implementation of the 2022 Chips Act, his new role heading up a Christian AI platform … | Corinne Reichert / CNET: |
How Animaj, a startup in Disney's Accelerator Program, uses AI to drastically speed up the animation process, while also claiming to let artists stay in control — Disney checked out “thousands of AI companies” before backing one that keeps animators in the driver's seat.| Financial Times: |
OpenAI faces rising pressure from rivals three years after ChatGPT's debut; Similarweb says Gemini users chat longer per visit than ChatGPT and Claude users — Three years since the debut of ChatGPT, the $500bn start-up is facing significant challenges to its dominance in AI| Financial Times: |
Sources: McKinsey and other top consultancies freeze graduate pay offers in 2026 for the third year, as AI reshapes the industry and threatens its pyramid model — Productivity gains from technology are spurring debate about reliance on large numbers of junior advisers| Emmanuel Felton / Washington Post: |
Omnicom's DM9 returned three Cannes awards after a NC state senator and CNN Brazil found the company had used AI to manipulate their content and used it for ads — North Carolina state Sen. DeAndrea Salvador discovered her 2018 TED Talk had been altered by an ad agency working for Whirlpool in Brazil, leading to a lawsuit.| Tim Balk / New York Times: |
New York becomes the first US state to require retailers to disclose use of algorithmic pricing tied to personal data; 10+ states are considering similar bills — The new law seeks to prevent retailers from ripping off consumers by using artificial intelligence and their personal data to charge them higher prices.| Te-Ping Chen / Wall Street Journal: |
The AI boom has led to high demand and more pay for the construction workers that build data centers; a trade group says there is a shortage of ~439K workers — Surging demand means six-figure pay and more perks — DeMond Chambliss used to run himself ragged with the small contracting business … | Ortenca Aliaj / Financial Times: |
HSBC signs a deal with Mistral to access Mistral's AI models and collaborate on developing new models for internal use, as big banks rush to adopt generative AI — Bank will use technology for tasks, including translation and document analysis — HSBC has signed a deal …
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