Chinese profits rose 25.7%. The CSI 300 fell 9% and the Star 50 fell 29%
Chinese profits rose 25.7%. The CSI 300 fell 9% and the Star 50 fell 29%

Profits at onshore-listed Chinese companies rose 25.7% in the three months to June, the fastest in nearly five years and heavily concentrated in AI-linked firms. The CSI 300 has fallen about 9% this quarter and the tech-heavy Star 50 has dropped 29%, a…

Zoox asked NHTSA for permission and got it. Tesla certified itself, and now has a federal investigation.
Zoox asked NHTSA for permission and got it. Tesla certified itself, and now has a federal investigation.

Tesla shares fell around 6% after a Cybercab update that landed badly and after NHTSA opened an investigation into how the company certified a vehicle with no steering wheel, pedals or mirrors. Amazon’s Zoox petitioned for an exemption and was approved…

Every binding AI review Washington has proposed has come back voluntary. Zuckerberg reportedly rang Trump about the latest one.
Every binding AI review Washington has proposed has come back voluntary. Zuckerberg reportedly rang Trump about the latest one.

Mark Zuckerberg raised concerns about a proposed national AI regulator in a previously unreported call with Donald Trump in mid-August, Politico reports. The two options still on the table are a FINRA-style body funded by the firms it would oversee and…

Google brings its Lyria 3.5 music model to every Gemini user
Google brings its Lyria 3.5 music model to every Gemini user

Google has made Lyria 3.5 available in the Gemini app and API, generating full songs at 44.1kHz from text or images with SynthID watermarking. A Munich court ruled against Suno on 31 July over memorised works and infringing outputs, asserting jurisdict…

Nobody can predict Amazon’s ad reserve prices, including Amazon. That is the defence.
Nobody can predict Amazon’s ad reserve prices, including Amazon. That is the defence.

The Federal Trade Commission and 22 states sued Amazon in Seattle on 31 August, alleging it inflated auction prices for Sponsored Products, Sponsored Brands and Sponsored Display, and generated more than $20bn in additional advertising costs since 2019…

OpenAI says it has overtaken Anthropic with a model that sometimes tries to evade oversight
OpenAI says it has overtaken Anthropic with a model that sometimes tries to evade oversight

OpenAI released GPT-6 Astra on 3 September, saying it outperforms every rival including Anthropic’s Claude and Google’s Gemini. Astra is “state-of-the-art on computer use, browsing, software engineering, cyber security, science, and professional work”,…

Britain built a legal route to driverless taxis in May. London’s first robotaxi service did not use it.
Britain built a legal route to driverless taxis in May. London’s first robotaxi service did not use it.

Uber and Wayve began carrying paying passengers in London on 3 September, in what Wayve described in a statement as the UK’s first autonomous ride-hailing service. Every car has a trained, TfL-licensed private hire driver on board. Olivia Solon rode on…

Export controls went after China’s chips. They never touched the capital, and Moonshot is reportedly seeking $5bn.
Export controls went after China’s chips. They never touched the capital, and Moonshot is reportedly seeking $5bn.

Moonshot AI is considering raising up to $5bn in a Hong Kong initial public offering as soon as this year, Bloomberg reported on Friday. Dong Cao, Julia Fioretti, Pei Li and Luz Ding sourced the account to people familiar with the matter, who asked not…

G42 gave up Huawei, then let Washington watch its data centres. Majority US ownership is reportedly next.
G42 gave up Huawei, then let Washington watch its data centres. Majority US ownership is reportedly next.

Executives at Abu Dhabi’s G42 have held exploratory talks about selling a majority stake to American companies, Bloomberg reported on Friday, as the firm races to guarantee access to advanced chips beyond next year. Alex Dooler, Zainab Fattah and Dines…

OpenAI agents hijacked a German wiki for two months, researchers say
OpenAI agents hijacked a German wiki for two months, researchers say

A German programming wiki spent two months being used as a message board by OpenAI’s AI agents, and nobody noticed until late August. Researchers found more than 15,000 edits on DseWiki left by agents that appear to have been coordinating with each oth…