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Elon Musk’s xAI and SpaceX have been sued by a former engineer who alleges he was fired after raising safety concerns about Grok ahead of SpaceX’s planned IPO. According to a complaint filed in California’s Santa Clara County Superior Court,…
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Coinbase has launched a new platform that allows AI agents to trade, manage portfolios, make payments, and execute financial workflows directly through user accounts. According to a Coinbase announcement, the crypto exchange has introduced Coinbase for Agents, a system that…
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Pennsylvania Gov. Josh Shapiro has unveiled standards for large data center projects seeking state support. Duane Morris Government Strategies said the GRID Standards set conditions for incentives, fast permits, and tax benefits. The rules come as residents question power demand,…
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Amazon has secured a $17.5 billion delayed draw term loan facility from Citibank and other banks. The company disclosed the senior unsecured agreement in a June 10 filing with the Securities and Exchange Commission. The financing gives Amazon extra borrowing…
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Oracle has reported stronger fiscal fourth-quarter earnings and revenue than analysts expected. The company also raised its full-year profit outlook, while keeping its fiscal 2027 revenue target unchanged. However, Oracle shares fell 5% in extended trading after the company detailed…
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Anthropic has proposed new AI policy frameworks as advanced systems gain stronger capabilities. The company wants governments to set rules for frontier models and prepare workers for AI’s economic impact. Its plan covers dangerous deployments, independent testing, cybersecurity, and public…
Markets
Cathie Wood has maintained sizable positions in crypto-linked stocks through her flagship ARKK fund even as roughly $3 trillion has been wiped from the S&P 500 since its June 2 peak, according to data cited by The Kobeissi Letter. According…
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Mastercard has launched an AI payments network backed by more than 30 companies, including Ripple, Coinbase, and the Solana Foundation, to enable autonomous software agents to transact without human intervention. According to Mastercard’s June 10 announcement, the new platform, called…
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Palantir CEO Alex Karp has said enterprise customers are unhappy with how frontier AI labs operate. He said companies question whether leading model developers understand their business needs. His remarks came as OpenAI and Anthropic move toward public listings. Palantir…
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Meta has agreed to lease a 168-megawatt AI data center in India from Reliance Industries. The facility will rise in Jamnagar, and Reliance will deliver it within two years. The deal adds new AI infrastructure for Meta while extending its…
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AI Financial Corp. has said its business outlook improved after losses tied to its WLFI token holdings. According to a Securities and Exchange Commission filing, the company said earlier going-concern risks have been substantially mitigated. The Nasdaq-listed firm still trades…
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Neura Robotics has secured up to $1.4 billion in Series C financing to expand its humanoid robotics technology. The German company attracted backing from Tether, Qualcomm, Amazon, Nvidia, Bosch, Schaeffler, and the European Investment Bank. The funding places Neura in…
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Ripple has launched a new developer toolkit for building AI-powered payment applications on the XRP Ledger, adding support for x402 payments using XRP and RLUSD as interest in agentic transactions continues to grow. According to Ripple, the newly released XRPL…
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Wirex has joined Visa’s Agentic Ready programme to help test how artificial intelligence agents can initiate and complete payments using stablecoins. According to an announcement from Wirex, the company will participate as an issuer in Visa’s new initiative, which is…
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Anthropic has launched Claude Fable 5 as a generally available Mythos-class model with new safety controls. According to the company, Fable 5 can handle longer and more complex tasks than prior Claude models. The release also includes Claude Mythos 5…
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EU antitrust regulators have ordered Meta to give rival AI chatbots free access to WhatsApp during an active competition probe. The European Commission said Meta must maintain access while Brussels investigates its policy toward competing AI assistants. The interim measure…