Zhipu weighs multibillion-dollar raise after 2,000% surge
Zhipu weighs multibillion-dollar raise after 2,000% surge

A 2,000% rally has handed Beijing’s Zhipu a rare fundraising window, and Anthropic’s vanished Fable 5 widened it. The harder question is whether a deeply unprofitable lab can turn the moment into a durable business. Six months ago, Zhipu was a Chinese …

Alibaba sues the Pentagon to get off its Chinese military companies list
Alibaba sues the Pentagon to get off its Chinese military companies list

Alibaba has taken the US Department of Defense to court over a label the company insists it does not deserve. In a complaint filed on Tuesday in the federal court in San Jose, California, the Hangzhou group asked a judge to strike its name from the Pen…

Legion LegalTech sues US over Anthropic Fable 5 and Mythos 5 shutdown
Legion LegalTech sues US over Anthropic Fable 5 and Mythos 5 shutdown

Legion LegalTech says the export directive that shut down Fable 5 and Mythos 5 worldwide has done “immediate, irreparable, and existential” harm to its business. US legal-technology company has sued the federal government over the directive that, two w…

South Korea is in talks with Samsung and SK Hynix over a second chip cluster
South Korea is in talks with Samsung and SK Hynix over a second chip cluster

A presidential adviser says AI demand could pull forward the next phase of fab construction by more than a decade, and that the country needs somewhere to put it. South Korea’s government is in talks with Samsung Electronics and SK Hynix about the next…

A US spectrum auction just raised $3.5B to pay for ripping out Huawei
A US spectrum auction just raised $3.5B to pay for ripping out Huawei

The Federal Communications Commission has raised about $3.5 billion from an auction of mid-band wireless spectrum, with most of the proceeds earmarked to fund the removal of Chinese-made telecom equipment from US networks. The agency’s long-running “ri…

The US is pressing Meta to let it review its AI, and Meta is the last holdout
The US is pressing Meta to let it review its AI, and Meta is the last holdout

The Trump administration has been pressing Meta to submit its most capable AI models for federal security review, leaving the company the only major US developer that has not agreed to do so, according to a New York Times report. The push, the paper sa…

Europe’s biggest tech CEOs have formed a standing lobby group with a direct line to von der Leyen
Europe’s biggest tech CEOs have formed a standing lobby group with a direct line to von der Leyen

Seven of Europe’s largest technology companies have created a permanent dialogue with European Commission President Ursula von der Leyen, pressing the bloc to deregulate faster and let European firms consolidate. The group, which calls itself the Europ…

EU escalates its Meta probe over addictive design for kids
EU escalates its Meta probe over addictive design for kids

The European Commission is preparing preliminary findings that accuse Facebook and Instagram of exploitative design that hooks children. The Meta addictive design probe could end in a fine worth up to 6% of global sales. Brussels is about to turn up th…

UN urges AI firms to come clean on their environmental costs
UN urges AI firms to come clean on their environmental costs

The United Nations wants artificial-intelligence companies to stop treating the environmental bill as somebody else’s problem. In a call amplified this week by Secretary-General Antonio Guterres, the organisation is pressing the firms behind the AI boo…

UK weighs forcing social media platforms to surface trusted news
UK weighs forcing social media platforms to surface trusted news

Ministers are considering rules that would make BBC, ITV, and Channel 4 content easier to find on Facebook, YouTube, and TikTok, as more Britons get their news from feeds. Britain’s culture department said on Monday that it is considering requiring soc…