Apple Sues OpenAI Over Alleged Trade Secret Theft
Apple has sued OpenAI in federal court, accusing two former Apple engineers of stealing confidential hardware secrets to help build OpenAI's in-development AI device.
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NYT-Led Publishers Ask Court to Sanction OpenAI Over Evidence
The New York Times and other publishers told a federal court that OpenAI hid its ability to search ChatGPT logs for copyrighted material and are seeking sanctions.
Read more →Meta to Start Producing In-House AI Chip 'Iris' in September
Meta plans to begin manufacturing its in-house "Iris" AI chip in September, aiming to double its data center computing capacity to 14 gigawatts by 2027, an internal memo reviewed by Reuters shows.
Read more →MiniMax Raises $2B, CEO Forgoes Salary Until AGI Is Achieved
Chinese AI startup MiniMax closed a $2 billion share-and-bond sale after its stock plunged on an IPO lockup expiry, with founder Yan Junjie vowing to forgo salary until AGI is achieved.
Read more →AI Training Startup Prime Intellect Raises $130M, Hits $1B Valuation
Prime Intellect raised a $130 million Series A led by Radical Ventures, valuing the AI infrastructure startup at $1 billion as it helps businesses train and run their own AI agents.
Read more →OpenAI Launches ChatGPT Work, Folds Codex Into Unified App
OpenAI merged its Codex coding tool into a single ChatGPT desktop app and introduced ChatGPT Work, a new agent for long, multi-step office tasks, alongside the general release of GPT-5.6.
Read more →AI Chip Maker SambaNova Raises $1B, Hits $11B Valuation
SambaNova closed the first tranche of a $1 billion Series F round led by General Atlantic, and said JPMorganChase will deploy its chips for on-premises AI inference.
Read more →Anthropic Brings Claude Cowork to Mobile and Web
Anthropic has expanded its Claude Cowork task-delegation tool from desktop-only to iOS, Android, and web, letting background tasks run and pause for human approval on any device.
Read more →Meta Launches Muse Spark 1.1 to Compete on AI Coding
Meta Superintelligence Labs opened a public preview of Muse Spark 1.1, a paid agentic coding model with a 1-million-token context window, taking on OpenAI and Anthropic.
Read more →Meta Launches Muse Image AI Model, Draws Privacy Backlash
Meta's new AI image generator, built by Meta Superintelligence Labs, is now live across its apps — but talent agency CAA says its opt-out design misuses people's likenesses without consent.
Read more →Grok 4.5 Launches Cheaper Than Opus, With Mixed Benchmarks
SpaceXAI released Grok 4.5, its first model trained on Cursor data, priced well below Anthropic's Opus 4.8 — though its own self-reported benchmarks show mixed results against it.
Read more →AI Legal Startup Norm Raises $120M, Hits $1.2B Valuation
Norm Ai raised $120 million in a Series C round led by Khosla Ventures, valuing the AI-native law firm at $1.2 billion.
Read more →Chinese AI Models Capture Up to 46% of US Firms' Tokens
OpenRouter data shows Chinese AI models now handle over 30% of tokens run by US firms every week since February, peaking at 46%, as companies chase costs up to 90% lower than Anthropic or OpenAI.
Read more →Syntiant Files for Nasdaq IPO to Scale 'Physical AI' Chips
Intel- and Microsoft-backed chipmaker Syntiant filed to list on Nasdaq under ticker SYTN, betting on demand for its low-power, on-device 'Physical AI' processors.
Read more →Samsung's Q2 Profit Surges 19-Fold to $58 Billion on AI Memory Boom
Samsung Electronics said preliminary operating profit for the second quarter jumped roughly 19-fold as AI-driven demand pushed DRAM and NAND memory prices sharply higher.
Read more →Claude Fable 5 Exits Subscriptions for Metered Billing
Anthropic has pulled Claude Fable 5 out of subscription plans and moved it to pay-per-token billing, charging $10 per million input tokens and $50 per million output tokens.
Read more →Anthropic Signs $19 Billion Data Center Lease With TeraWulf
Anthropic will lease a 401-megawatt AI computing campus in Hawesville, Kentucky, from TeraWulf under a 20-year, $19 billion deal, with capacity coming online starting in 2027.
Read more →China's GLM-5.2 Rivals US Frontier AI at One-Sixth the Cost
Z.ai has released GLM-5.2, a 744-billion-parameter open-weight model that matches GPT-5.5 on key benchmarks and trails Claude Opus 4.8 narrowly — trained entirely on Huawei silicon with no Nvidia hardware.
Read more →Global Startup Funding Hits $510B Record as AI Takes 70% of VC
Global startup investment reached a record $510 billion in H1 2026 — already past all of 2025 — with AI companies capturing over 70% of venture capital in Q2, Crunchbase data shows.
Read more →Zuckerberg Admits Meta's AI Agent Push Is Running Behind Schedule
At an internal town hall, Meta CEO Mark Zuckerberg conceded that AI agent development has not "accelerated in the way" the company expected, despite a $145 billion infrastructure commitment and a major workforce reorganization.
Read more →Meta AI Chief Claims In-Training "Watermelon" Model Has Caught Up to GPT-5.5
Meta's superintelligence chief told employees that the company's next model, codenamed Watermelon, has caught up to OpenAI's GPT-5.5 on key benchmarks — though the specific tests and results have not been disclosed.
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