Asia AI bets power record equities run for Wall Street banks
US Wall Street banks are seeing record equities growth in Asia, driven by investments in semiconductors related to AI.
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US Wall Street banks are seeing record equities growth in Asia, driven by investments in semiconductors related to AI.
Author Dave Eggers criticizes AI-generated novels as 'gullible and ridiculous,' expressing frustration with new technology adoption while noting San Francisco's unchanged character.
China dismissed claims by US firms, including Anthropic PBC, that Chinese rivals illicitly extract results from top American AI models.
A joint taskforce, including the FCA, continues to remove misleading car finance claims adverts, with 170 removed by CMCs in June.
Databricks' valuation reaches $188 billion, repositioning as an AI company and publishing research on open-weight model cost savings.
Capital One released VulnHunter, an open-source AI security tool that identifies exploitable code vulnerabilities and suggests fixes before production deployment.
Intuit rebuilt its AI agent architecture twice in four months due to complexity, shifting from specialist agents to a skills-based system.
Agility Robotics opened a new training center for its Digit humanoid robots in Fremont, California, near Tesla's manufacturing facilities.
Apple briefly surpassed Nvidia to become the world's most valuable company by market capitalization, with its shares avoiding the recent AI sector sell-off.
TikTok is testing an opt-in AI likeness detection tool to allow creators to report synthetic media to the platform, starting with US creators.
Databricks published a blog post outlining principles and practical guidance for responsible AI governance.
Fireworks AI raised $1.5 billion, leading a week of significant funding rounds for enterprise AI companies despite the summer period.
Databricks blog post discusses the differing priorities between technology companies focused on AI building and financial institutions prioritizing margin protection.
SpaceX is reportedly negotiating with the US Department of Defense to sell computing power, indicating growing demand for specialized AI infrastructure.
LinkedIn, Walmart, and Zendesk infrastructure leaders identified legacy infrastructure, not models, as the primary bottleneck for AI agents.
AWS introduced "Amazon Quick," an agentic AI solution for sales organizations, aiming to automate and optimize the entire sales cycle.
Meta is reportedly discussing a $10bn data center deal with Anthropic and considering launching a cloud business, spending $145bn on infrastructure.
A VC firm claims that AI is reshaping the hiring criteria for product and engineering leadership roles, valuing adaptability and comfort with ambiguity.
Brex developed an internal platform, CrabTrap, to observe AI agent behavior with credentials and establish policy post-hoc, addressing OpenClaw's enterprise limitations.
Apple has filed a trade secrets lawsuit against OpenAI, alleging a pattern of misconduct involving over 400 former Apple employees.
The Verge reports on a potential lawsuit from Apple against OpenAI, suggesting it’s a public fight rather than standard legal action.
AWS introduced Mobile Layout for Amazon QuickSight, enabling responsive dashboard designs for mobile devices to improve user experience.
Smartsheet details its remote Machine Learning Control Plane (MCP) architecture on AWS, focusing on security, governance, scaling, and deployment.
Microsoft will present at Black Hat USA 2026, focusing on defending trust in the age of AI and supply chain attacks, with hands-on experiences.
NVIDIA NeMo Automodel and Hugging Face Diffusers integration allows scalable fine-tuning of video and image models.
Patreon is partnering with Cloudflare to actively block AI bots from scraping content for model training, moving beyond robots.txt reliance.
Google DeepMind introduced Gemini 3.5 Flash Cyber, a lightweight AI model designed to identify and patch cybersecurity vulnerabilities.
EBA consults on amendments to data collection for the 2027 market risk benchmarking exercise, and publishes final draft technical standards.
Fortinet experiences multiple security vulnerabilities, with two new bugs actively exploited following a major 'Fortibleed' campaign.
Apple has filed a trade secrets lawsuit against OpenAI, alleging misconduct and the hiring of over 400 former Apple employees.
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