Andrew Yang thinks the biggest startup opportunity of the next decade is not building AI. It is lowering the cost of living for the people AI is about to displace. In a TechCrunch interview, the former presidential candidate and UBI advocate laid out a thesis: as AI compresses wages and eliminates entry-level jobs, the market […]

The US Justice Department has cleared Paramount Skydance’s $110 billion purchase of Warner Bros. Discovery without requiring any changes to the deal. The agency said the merger “is not likely to harm competition or American consumers” after an eight-month antitrust review. No divestitures, behavioural remedies, or concessions were imposed. The deal combines two of Hollywood’s […]

CoreWeave, the AI cloud infrastructure company that began life as a New Jersey cryptocurrency mining operation called Atlantic Crypto, has been selected for inclusion in the Nasdaq-100 Index. The addition takes effect before market open on 22 June, just 15 months after CoreWeave priced its IPO at $40 per share in March 2025. CoreWeave will join […]

A coalition of 42 state attorneys general has opened a sweeping investigation into OpenAI, first reported by the Wall Street Journal on Thursday. New York’s attorney general served the company with a subpoena on Friday demanding documents on advertising, user engagement and retention, consumer and health data, its treatment of minors and seniors, deep-learning models, and internal […]

The US government has ordered Anthropic to suspend access to its two most capable AI models, Fable 5 and Mythos 5, in what appears to be the first time Washington has forced a commercial AI product offline. The directive, which Anthropic says it received at 5:21pm ET on 12 June, cites national security authorities and demands […]

Eighty residents of towns near SpaceX’s Starbase facility in South Texas have filed a class-action lawsuit alleging that the company’s constant rocket launches are physically destroying their homes. The lawsuit accuses SpaceX of negligence, gross negligence, and trespass based on the Commercial Space Launch Act of 1984. One plaintiff showed Reuters her home in Port […]

Bangalore-based Avataar AI has launched Varya, one of India’s first homegrown video AI models. It generates video at roughly $0.005 per second, or 0.48 rupees. Founder Sravanth Aluru, a former Deutsche Bank investment banker and Microsoft and IIT Mumbai alum, says that is 27 times cheaper than comparable open-source video models. The cost advantage comes […]

Cloud Architect Nodir Safarov, who leads migration and infrastructure automation for thousands of global clients at SOTI Inc., identifies the architectural failures behind the most common cloud security gaps and the design principles that prevent them. Enterprise cloud adoption has accelerated faster than enterprise cloud security. As organizations migrate critical workloads to AWS, Azure, and multi-cloud environments, many […]

China has launched its first dedicated photonic computing laboratory in Shanghai, signalling that Beijing sees light-based chips as a strategic route around Washington’s tightening grip on conventional semiconductor exports. The Shanghai Key Laboratory of Integrated Photonic Computing Chips and Systems opened on 11 June at Shanghai Jiao Tong University, the state-backed Jiefang Daily reported. The lab is […]

SpaceX rented its Colossus 1 data centre to Anthropic not because it had surplus capacity, but because it could not make the facility work for its own AI models. Bloomberg reported on Friday that SpaceX encountered latency issues when trying to connect the Memphis site to two other data centre campuses located more than 10 […]