Midjourney turns the tables, demanding the studios suing it reveal their AI
Midjourney turns the tables, demanding the studios suing it reveal their AI

The studios suing Midjourney say it trained AI on their characters without permission. Midjourney’s answer: prove you do not do exactly the same thing. The AI image generator wants a US federal judge to intervene. It has asked the court to force the st…

Apple supplier Luxshare set to price Hong Kong’s biggest IPO of 2026 at the top
Apple supplier Luxshare set to price Hong Kong’s biggest IPO of 2026 at the top

Luxshare Precision is set to price its Hong Kong listing at the top of its range, a sign of strong demand for one of the year’s marquee share sales. The Apple supplier plans to fix the offer at the maximum HK$63.28 a share, according to people cited by…

Solstice and Element Solutions weigh a $27bn merger of materials makers
Solstice and Element Solutions weigh a $27bn merger of materials makers

Solstice Advanced Materials is in talks to merge with Element Solutions in a deal that would create a specialty-materials company worth about $27bn, according to a Financial Times report. The two would combine as a merger of equals, the paper says, and…

Energy Department Wants To End Home Appliance Efficiency Rules

This week’s Current Climate newsletter also looks at how nuclear startups achieved successful testing to meet a Trump challenge and Renew Home’s energy management tech.

China’s Biren raises $892M to build GPUs that can take on Nvidia at home
China’s Biren raises $892M to build GPUs that can take on Nvidia at home

Nvidia can barely sell its best chips in China. A crop of local challengers is racing to fill the gap. One of them just raised nearly $900m to speed up. Shanghai Biren Technology is selling HK$7 billion (about $892.5m) of new shares to boost GPU produc…

Nvidia’s Kyber AI rack slips to 2028, and one circuit board is to blame
Nvidia’s Kyber AI rack slips to 2028, and one circuit board is to blame

Nvidia’s next flagship AI machine has hit a wall, and the culprit is a single circuit board. The Kyber rack meant to house its 2027 Rubin Ultra chips has slipped to 2028. Research firm SemiAnalysis flagged the delay, and CNBC reported it. Kyber is not …

Shampoo and cookies get an AI makeover as consumer giants rewire their labs
Shampoo and cookies get an AI makeover as consumer giants rewire their labs

The AI story has mostly been told through chips, data centres, and the companies building the models. It is now being told through the shampoo aisle. The world’s largest makers of everyday goods, the businesses behind the bottles and packets in most ki…

Entrepreneurs Beware: Inexpensive AI Is The Future Of Medicine

A new study suggests inexpensive AI could reshape healthcare’s business model by helping patients use LLMs to manage and improve their health.

Chinese AI Billionaire Yan Junjie Battles Heavy Selling Pressure After $39 Billion Market Wipeout

With the imminent expiration of lockup periods on Wednesday, MiniMax Group founder Yan Junjie faces an uphill battle persuading investors to hold on to the Hong Kong-listed AI model developer’s shares.

FTC Floats AI Policy Aiming To Ensure That AI Makers Disclose The Truth About Biases In Their LLMs

FTC released a new proposal about AI governance on July 1, 2026. Important and controversial. An AI Insider analysis and scoop.