Thu. 06/26 – Conflicting AI Legal Rulings

Thu. 06/26 – Conflicting AI Legal Rulings

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OpenAI Can't Hit Its Target

OpenAI cut its funding round to about $20B at a $1.25T valuation as the AI selloff spooked investors. Anthropic’s S-1 showed nearly $17B in quarterly revenue, Marvell agreed to buy Lumentum for $115B, and Claude Code got game-cloning limits. Sources: OpenAI now seeks ~$20B at a $ ...  Show more

How Hackers Drained $6.3B From Binance

Overnight brought the biggest heist in crypto history, as hackers drained $6.3 billion from Binance. Amazon’s AI spending soared while retail growth stalled, Spotify eyed a $5-a-month AI remix tool, and longreads covered El Niño forecasting and old-time fiddlers. Binance says ini ...  Show more

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