The Bending Spoons IPO raised $1.7 billion and jumped 40% on debut, valuing the Milan-based owner of AOL, Vimeo and Evernote at over $25 billion on Nasdaq.
The June AI jobs report stunned Wall Street: US payrolls rose just 57,000 as AI-linked layoffs mounted and 720,000 workers left the labor force entirely.
The Meta AI testing scandal: contractors in Kenya posed as children and sent 45,000 crisis prompts to ChatGPT, Gemini and Character.AI without consent.
The Supreme Court ruled a geofence warrant triggers the Fourth Amendment, so police can no longer freely sweep up cellphone location data from tech companies.
China\'s Meituan open-sourced LongCat-2.0, a 1.6-trillion-parameter AI trained entirely on domestic chips — a milestone US export controls were built to prevent.
Samsung\'s AI investment of $648 billion over ten years is South Korea\'s largest-ever corporate pledge, pouring money into chip factories, AI data centers and more.
The DeepMind exodus saw Google lose a Nobel laureate and the Transformer co-author to OpenAI and Anthropic, wiping out roughly $250 billion in Alphabet value.
