Geely Auto chairman Li Shufu told the Chongqing Auto Show on Friday that the company will assess excess capacity across all its units and determine whether to close, suspend, merge, or sell redundant production facilities. The announcement signals a st…
When the US government ordered Anthropic to shut down Fable 5 and Mythos 5 on 12 June, the export control directive was aimed at restricting foreign nationals from accessing America’s most capable AI. In India, Anthropic’s second-largest market, it lan…
Apple’s iOS 27 developer beta contains underlying support for a feature the company never mentioned at its WWDC keynote on June 8: an Extensions framework that would allow iPhone users to swap between ChatGPT, Anthropic’s Claude, and Google’s Gemini di…
IQM Quantum Computers, the Finnish maker of superconducting quantum systems, has appointed Barbara Venneman to its board of directors as the company approaches what would be the first Nasdaq listing by a European quantum computing company. Venneman cur…
Crypto users who thought they had found a way into the hottest IPO in years through tokenized SpaceX stock discovered on Friday that the shares would not be arriving. Binance Wallet, Bybit, and Bitget Wallet all canceled their tokenized SpaceX offering…
Mark Lanier, the Texas trial lawyer who won a landmark $6 million verdict against Meta and Google in a social media addiction case in March, says AI was central to his preparation and execution throughout the five-week trial. Lanier told Business Insid…
Skoda has revealed the Peaq, its first seven-seat all-electric SUV and the most expensive car in the Czech automaker’s 130-year history. Built on the Volkswagen Group’s MEB platform at Skoda’s home plant in Mladá Boleslav, the Peaq stretches nearly 4.9…
Grassroots opposition to data center construction in the United States has reached a scale that is starting to reshape where and whether the AI industry can build. A new report from Data Center Watch, a tracker maintained by AI research firm 10a Labs, …
Anthropic’s Fable 5 spent three days as the most capable AI model ever released to the public. It topped the Chatbot Arena leaderboard, crushed OpenAI’s GPT 5.5 on coding benchmarks by double-digit margins, and gave paying subscribers access to Mythos-…
General Motors shut down Cruise, its $10 billion robotaxi division, in December 2024. Eighteen months later, the company’s chief product officer says GM’s autonomous vehicles will eventually be capable of operating as robotaxis anyway. Sterling Anderso…