SoftBank Soars 10% Riding Asia’s AI Wave After Wall Street’s Rally
Shares of SoftBank surged nearly 10% on Tuesday, leading a broader rally in Asian technology stocks as investors tracked overnight…
Category: Business
Anthropic names global affairs chief to tackle AI policy as Trump tensions persist
Cuéllar is tasked with finding common ground with Trump’s Republican administration, which blacklisted and ordered controls around Anthropic’s AI this…
AI Giants’ Hidden Stakes Warp Corporate Profit Reality
Big Tech’s multibillion-dollar investments in artificial intelligence startups like Anthropic and OpenAI are significantly skewing corporate earnings reports, raising concerns…
Tech Moguls Secretly Stash Fortunes in Tax-Smart Charity Vaults
A growing number of tech millionaires are turning to donor-advised funds (DAFs) as a strategic tool for tax-efficient philanthropy, a…
ChatGPT dominates early AI spending in Congress as lawmakers weigh regulation
At least 70 House offices used identifiable AI tools in early 2026, with Democrats leading visible spending and broader use…
Anthropic, OpenAI among firms facing new scrutiny under EU AI Act enforcement powers
The European Commission can demand to inspect AI models, restrict market access and fine providers up to 15 million euros…
Hugging Face Breach Exposes AI’s Dark Side: The Genie’s Out of the Bottle
A major cybersecurity breach at Hugging Face, a leading artificial intelligence repository, has exposed critical vulnerabilities in AI infrastructure, validating…
Trump’s AI Order Hits Crunch Time Amid Fierce Regulatory Showdown
The Trump administration’s landmark executive order on artificial intelligence is approaching a critical deadline, with federal agencies scrambling to meet…
Leopold Aschenbrenner’s $45 Billion AI Hedge Fund: A Spectacular Rise and Fall
Leopold Aschenbrenner, a former Superalignment researcher at OpenAI, saw his AI-driven hedge fund, Situational Awareness, collapse in a matter of…
GM Unveils Revolutionary AI Copilot to Transform Your Drive This Year
General Motors is set to introduce its proprietary in-vehicle artificial intelligence system later this year, marking a significant leap in…