Artificial Intelligence

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AI is killing the summer internship. The entry-level pipeline that built careers is breaking.

Katelyn Watterson owes her career to a summer internship. As a student at American University, she spent a summer working for a high-end beauty brand in New York. Her boss offered her a full-time job over drinks at the Plaza Hotel. Almost two decades later, Watterson runs her own marketing agency, Fifty Six. At times, […]

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Australia’s workplace tribunal says AI-assisted claims have helped drive a 70% workload increase in three years

Australia’s Fair Work Commission has announced a review of its processes to cope with what it described as an estimated 70% workload increase over three years, driven in part by the proliferation of generative AI assistance tools. The commission, which handles unfair dismissal claims, wage disputes, discrimination, bullying, and workplace sexual harassment, said the surge […]

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OpenAI gives Japan’s megabanks its newest model for cyber defence

GPT-5.5-Cyber will reach MUFG, SMBC and Mizuho through a verified-defender programme, the finance minister said, as Tokyo treats frontier AI as both threat and shield. The same models that make cyberattacks cheaper to run are now being handed, deliberately, to the people defending against them. Japan’s three megabanks will gain access to OpenAI’s latest model […]

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Bank of Italy says it is talking to the world’s big AI firms

Governor Fabio Panetta used the central bank’s annual assembly to pitch AI as a fix for Italy’s chronic productivity problem, and to say the bank is already engaging the firms building it. Central bankers do not usually go out of their way to say which technology companies they are speaking to. Fabio Panetta did. At […]

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How to stop holding AI agents back

Developers of agentic AI have been making some big claims. The promise has been of autonomous systems that can do everything, from booking our flights and keeping an eye on competitors in real time to handling entire procurement cycles , all without needing an actual human to hit “confirm.” And while the technology needed to […]

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SpaceX has cut its IPO valuation target to $1.8 trillion as marketing begins next week

SpaceX is targeting a valuation of at least $1.8 trillion in its initial public offering, down from the $2 trillion-plus it was aiming for as recently as April, according to Bloomberg. The target was adjusted after consultations with advisers and investors, and could still move higher depending on feedback during the formal marketing period, which is […]

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Nvidia has spent $6.5 billion in three months to replace copper with light inside AI data centres

Nvidia has committed at least $6.5 billion to photonics companies since the beginning of March, making it the largest single investor in the technology that many in the industry believe will replace copper wiring as the backbone of AI data centres. The spending spree reflects a calculation that copper, the standard medium for moving data […]

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Asana buys no-code agent builder Stack AI as it tries to become the operating system for human-agent teams

Asana has acquired Stack AI, a no-code platform for building AI agents that operate across enterprise systems like Salesforce, Slack, and Google Workspace. The deal, reported at $75 million, was announced on 28 May after market close, timed to coincide with Asana’s first-quarter earnings call. Stack AI founders Tony Rosinol and Bernard Aceituno will join Asana. […]

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BYD has built China’s first 4nm driving chip, and it’s putting LiDAR on a $10,000 car

BYD has unveiled the Xuanji A3, which it calls China’s first automotive-grade 4-nanometre chip for self-driving vehicles. CEO Wang Chuanfu announced the chip at an event at BYD’s Shenzhen headquarters on 28 May, saying it delivers the lowest power consumption per unit of compute in its class, drawing roughly 20% less than comparable semiconductors. The chip has […]

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Anthropic’s Claude Opus 4.8 is its most honest AI model yet, and Mythos is coming in weeks

Anthropic has released Claude Opus 4.8, an upgrade to its flagship AI model that the company says is more honest, more reliable in agentic tasks, and better at catching its own mistakes. The model is available immediately at the same price as its predecessor, $5 per million input tokens and $25 per million output tokens, […]

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