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Coinbase Cuts 700 Jobs, 14% of Staff, Citing AI
Coinbase announced it is cutting roughly 700 jobs, about 14% of its global workforce, with CEO Brian Armstrong saying AI is fundamentally changing how the company operates.
OpenAI claims ChatGPT’s new default model hallucinates way less
OpenAI rolls out GPT‑5.5 Instant, slashing hallucinations by 52.5% and adding transparent memory features, a move that underscores its recent shift toward core model quality after trimming side projec
Google Home adds Gemini AI, upgrades Nest Cam for all
Google rolled out a major Home update that embeds its Gemini AI voice assistant into the smart‑home hub and adds AI‑enhanced camera controls for Nest Cam users. The move extends Gemini’s reach beyond
PayPal says it’s ‘becoming a technology company again’ — that means AI
PayPal’s CEO Enrique Lores announced a sweeping AI‑first turnaround, creating a dedicated AI team, cutting 20% of staff, and reorganizing into three business units to chase $1.5 billion in cost saving
Etsy Launches Native App Inside ChatGPT
Etsy has rolled out a native ChatGPT app that lets shoppers browse its 100 M+ listings via natural‑language prompts, marking a deeper push into AI‑driven commerce. The move comes as OpenAI trims inter
OpenAI Rolls Out GPT-5.5 Instant as ChatGPT Default
OpenAI launched GPT-5.5 Instant as ChatGPT's new default model on May 5, 2026, replacing GPT-5.3 Instant with a smarter, more accurate version that cuts misleading answers on medical and financial que
OpenAI to Release ChatGPT Phone Powered by MediaTek
OpenAI is shifting from trimming projects to launching a dedicated ChatGPT phone, built on a custom MediaTek Dimensity 9600 chip with a dual‑NPU for AI tasks. The device is slated for early‑2027 mass
Google, Microsoft, xAI Open New AI Models to US Review
Google DeepMind, Microsoft, and xAI have agreed to let the Commerce Department's Center for AI Standards and Innovation evaluate their new AI models before public release, expanding a government revie
CopilotKit Secures $27M Series A for In-App AI Agents
CopilotKit secured $27 million in Series A funding to expand its AG‑UI protocol and enterprise toolkit, letting developers embed AI agents that can render interactive UI components within apps instead
Mindgard gaslit Claude into bomb-making instructions
Security researchers at Mindgard say they got Anthropic's Claude to voluntarily produce bomb-making instructions, malicious code, and harassment guides through a roughly 25-turn conversation built on
Musk Trial Reveals OpenAI's Hassabis Obsession
Court testimony and emails from the Musk v. Altman trial show that Google DeepMind CEO Demis Hassabis was an enduring fixation for Elon Musk and OpenAI's cofounders, who for years feared he would outp
CAISI Secures Early AI Access from Google, Microsoft
The U.S. Commerce Department’s AI standards agency, CAISI, announced that Google, Microsoft, xAI, OpenAI, and Anthropic will provide the government early access to their frontier AI models for pre‑rel
Trump Admin Eyes Pre-Release AI Model Vetting
The Trump administration is weighing an executive order to create an AI working group that would vet models before public release, reversing its earlier hands-off AI stance.
We Scanned 1 Million Exposed AI Services. Here's How Bad the Security Actually Is
A massive scan of one million publicly exposed AI services uncovered pervasive security weaknesses, showing that the rapid push to self‑host large language models is outpacing safeguards. The findings
Google DeepMind Staff Unionize to Block Military AI Deals
Google DeepMind workers in London are seeking formal union recognition to block the company's AI from powering military contracts, with 98% of CWU members backing the bid and at least 1,000 staff set
The global cybersecurity gap deepens as AI-powered attacks surge
Amid Anthropic’s Opus 4.7 rollout and OpenAI’s recent project cuts, its Mythos Preview uncovered thousands of OS and browser flaws but remains locked to a handful of firms, leaving most governments ex
White House Drafts AI Gatekeeping for Anthropic Mythos
The Trump White House is shifting from deregulation to gatekeeping, drafting guidance and a potential executive order to let agencies bypass Anthropic’s supply‑chain blacklist and vet all new AI model
OpenAI Rejects Spin‑Out of Robotics, Hardware Divisions
OpenAI scrapped a late‑2025 plan to spin out its robotics and consumer‑hardware units, opting to keep them under its core umbrella while cutting projects like Prism and Sora. The move reflects a broad
Five AI Labs Agree to Pre-Release US Government Reviews
Major AI companies including Google, Microsoft, and xAI have agreed to let the U.S. government review their frontier AI models before public release, under voluntary arrangements coordinated by the Co
Qualcomm Stock To $340? - Trefis
Qualcomm is betting on AI‑driven smartphones to fill the void left by its split with Apple, with Trefis projecting a $340 share price. Meanwhile, OpenAI is fast‑tracking its own AI phone for a 2027 la
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