OpenAI’s rogue agent doesn’t scare me – the millions of others do Opinion The model that broke out of a lab will get the headlines. The millions of agents already inside your banking app, wreaking havoc, are the ones that should worry you more, says Rory Blundell Frontier AI labs are racing to build faster, more capable, more autonomous agents. This week showed what that race can cost. [...]
Sovereign AI is no longer a nice to have, and with open source, more achievable than ever Opinion Driven by rising costs and concerns over data sovereignty, enterprises are increasingly pursuing “AI sovereignty” by diversifying their AI supply chains with open-source alternatives, says Lewis Liu “Every single enterprise in this country… these people are livid. They’re saying: ‘I am paying for tokens that create no value. These people are stealing the weights and [...]
Apple sues Open AI accusing them of stealing ‘trade secrets’ Tech Apple has accused Open AI and two of its former employees of stealing top secret information as the two biggest names in Silicon Valley prepare to compete in the consumer electronics market. The iPhone maker said in a lawsuit filed on Friday in a California federal court that the theft of its trade secrets was [...]
Apple memory chip warning causes fresh Asia tech sell-off June 26, 2026 Markets across Asia fell sharply during Friday trading after US tech giant Apple blamed memory chip shortages on its decision to hike product prices. South Korea’s blue-chip Kospi suffered the biggest losses, forcing the stock exchange to trigger a 20 minute trading halt for the third time this week. It also marked the fifth trading [...]
The ‘like’ button ruined social media – are we making the same mistake with AI? June 11, 2026 The ‘like’ button was a single design choice that had profoundly harmful downstream effects. AI sycophancy could be the next one, says Annabel Gillard I’ve been working on the human impact of AI in our work and lives since 2020, but City AM asked a genuinely new question that prompted this piece. Given that we [...]
SpaceX is preparing for blast off, but will the mega IPO send investors into orbit? June 11, 2026 SpaceX is set to launch the largest retail allocation ever attempted in a megacap IPO as part of its hotly anticipated listing on the Nasdaq tomorrow, with around 30 per cent of shares reserved for retail investors. Bret Johnsen, SpaceX CFO, has said the unusually large allocation is a deliberate recognition of “folks that have [...]
OpenAI files to go public as the race between tech giants heats up June 9, 2026 OpenAI has confirmed plans for an initial public offering as it looks to beat fellow artificial intelligence giant Anthropic to Wall Street. The artificial intelligence firm, led by chief executive Sam Altman, submitted paperwork to the US Securities and Exchange Commission for an IPO on Monday. OpenAI did not disclose the size or terms of [...]
Will the SpaceX IPO send retail investors into orbit? June 5, 2026 SpaceX is preparing the largest retail allocation ever attempted in a megacap IPO in its anticipated listing later this month, with Elon Musk seeking to reserve as much as a quarter of the company’s $75bn float for individual investors. Musk reportedly wants ordinary investors cemented near the centre of the group’s ownership straight from blast [...]
I’m an AI founder – here’s why I agree with the Pope about AI June 3, 2026 Pope Leo XIV’s has produced the most profound piece of writing on AI – critiquing how extreme capitalism uses AI to homogenize knowledge and concentrate power, says Lewis Liu When I was 18, I took a religious philosophy course as part of the core curriculum at Harvard. When we dove into the Tower of Babel, [...]
Space X bumps back to earth as analysts slash value June 3, 2026 Morningstar analysts have valued Space X at $780bn (£579.9bn), a figure less than half of what the company is reportedly aiming for in its upcoming initial public offering. The valuation comes roughly 48 per cent below its private market valuation, with Elon Musk’s company looking for a valuation between $1.7 trillion and $2 trillion. The [...]