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The stealth model that beat DeepSeek belongs to Zhipu

Z.AI made it. The Beijing company, also known as Zhipu, owns the free model that took the top of OpenRouter’s charts last weekend. It confirmed on Wednesday that Ox Alpha is a new iteration of its GLM series, and said it would release the weights the same night. Luz Ding got the confirmation for Bloomberg. […]

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A law from 1634 is why Europeans cannot sue Big Tech together

Europe gave itself the right to bring class actions against big companies five years ago. Ireland hosts the European headquarters of most large technology firms, and campaigners there have managed exactly one. A law from 1634 explains why. Ellen O’Regan set out the problem for Politico from Dublin. Irish law bars anyone from funding a […]

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Amazon moved some Canadian sourcing from the US to China to avoid tariffs

Amazon expects package volume in Canada to rise by more than 40% between 2026 and 2029, outpacing its US growth every year, according to internal documents reviewed by Business Insider. One of the more striking details is a March planning document recording that Amazon shifted some Canadian direct-import sourcing away from the United States and […]

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The SEC has subpoenaed four banks over Situational Awareness

American securities regulators have subpoenaed the banks that lent Situational Awareness the money it used to make its AI bets. The Securities and Exchange Commission wants the timing of the fund’s trades, and its communications with lenders about the money it was borrowing. It also told the banks to preserve any information they hold on […]

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Moonshot AI wants 30% of what US clouds earn from Kimi K3

Moonshot AI is in early discussions with Microsoft, Amazon, and Google about hosting Kimi K3 on their cloud platforms, seeking up to 30% of the revenue those services generate, according to Reuters. It would be the first arrangement of its kind between a Chinese AI company and the major American clouds, involving a model that Moonshot […]

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Deloitte will pay $21.5M to settle a DOJ investigation into its diversity targets

Deloitte has agreed to pay $21.5M to settle a US Justice Department investigation into its diversity practices, without admitting liability. The firm is one of the largest technology consultancies in the world as well as an accountancy, and it sits inside the same enterprise AI and systems integration market that has drawn Indian IT firms […]

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SpaceX is spending $100bn on a second Starbase, on an old Exxon site in Louisiana

SpaceX will build a second Starbase in Vermilion Parish, Louisiana, on a former Exxon property on the Gulf Coast, and it puts the price at $ 100 billion. The company describes it as a self-sustaining spaceport with its own propellant production, power generation, deep-water shipping, vehicle processing, and an airport, which is a fair description […]

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Nvidia is about to report its fastest growth in seven quarters

Nvidia is expected to report quarterly revenue of $92.18bn, close to double the same period last year and its fastest growth in seven quarters, with analysts forecasting a further rise to $104.20bn in the current quarter. The numbers are not really the issue anymore, because the scrutiny has moved to how much of that demand […]

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Intuit is separating Mailchimp out and guiding it to zero growth

Intuit is moving Mailchimp out of its main business and into a segment of its own. The first standalone forecast it has ever published for the marketing tool is for no growth at all. Mailchimp will bring in $1,256mn to $1,266mn in fiscal 2027, Intuit said on Tuesday. That range runs from minus 1% to […]

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