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Geely will purge excess factory capacity and focus on becoming a global competitor to BYD

Geely Auto chairman Li Shufu told the Chongqing Auto Show on Friday that the company will assess excess capacity across all its units and determine whether to close, suspend, merge, or sell redundant production facilities. The announcement signals a strategic pivot for China’s second-largest carmaker, which has been locked in a fierce domestic battle with […]

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Anthropic’s model shutdown just handed India’s sovereign AI movement its strongest argument yet

When the US government ordered Anthropic to shut down Fable 5 and Mythos 5 on 12 June, the export control directive was aimed at restricting foreign nationals from accessing America’s most capable AI. In India, Anthropic’s second-largest market, it landed as a warning shot about what happens when your AI infrastructure runs on someone else’s […]

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Why Apple built a third-party AI system for Siri and then refused to show it at WWDC

Apple’s iOS 27 developer beta contains underlying support for a feature the company never mentioned at its WWDC keynote on June 8: an Extensions framework that would allow iPhone users to swap between ChatGPT, Anthropic’s Claude, and Google’s Gemini directly inside Siri. Bloomberg’s Mark Gurman has reported that the system includes a settings panel and […]

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IQM adds a Vanguard board director to its bench as Europe’s first quantum Nasdaq listing approaches

IQM Quantum Computers, the Finnish maker of superconducting quantum systems, has appointed Barbara Venneman to its board of directors as the company approaches what would be the first Nasdaq listing by a European quantum computing company. Venneman currently serves on the board of Vanguard, one of the world’s largest investment management firms, and previously led […]

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Crypto exchanges promised users access to the SpaceX IPO. The tokenized shares never arrived.

Crypto users who thought they had found a way into the hottest IPO in years through tokenized SpaceX stock discovered on Friday that the shares would not be arriving. Binance Wallet, Bybit, and Bitget Wallet all canceled their tokenized SpaceX offerings after xStocks, the tokenized equity provider behind all three products, failed to deliver the […]

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Crypto exchanges promised users access to the SpaceX IPO. The tokenized shares never arrived. Read More »

The lawyer who won a $6 million verdict against Meta says AI let him do 30 hours of work in 10

Mark Lanier, the Texas trial lawyer who won a landmark $6 million verdict against Meta and Google in a social media addiction case in March, says AI was central to his preparation and execution throughout the five-week trial. Lanier told Business Insider that the technology let him compress 30 hours of work into 10, describing […]

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Skoda’s Peaq is a seven-seat electric SUV built to undercut the Kia EV9 and Ioniq 9 on price

Skoda has revealed the Peaq, its first seven-seat all-electric SUV and the most expensive car in the Czech automaker’s 130-year history. Built on the Volkswagen Group’s MEB platform at Skoda’s home plant in Mladá Boleslav, the Peaq stretches nearly 4.9 metres long and is designed to compete directly with the Kia EV9, Hyundai Ioniq 9, […]

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Grassroots opposition blocked $130 billion in US data center projects in the first three months of 2026

Grassroots opposition to data center construction in the United States has reached a scale that is starting to reshape where and whether the AI industry can build. A new report from Data Center Watch, a tracker maintained by AI research firm 10a Labs, found that activists blocked or delayed at least 75 projects worth a […]

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Fable 5 was beating GPT 5.5 on every major benchmark. Then the US government pulled it offline.

Anthropic’s Fable 5 spent three days as the most capable AI model ever released to the public. It topped the Chatbot Arena leaderboard, crushed OpenAI’s GPT 5.5 on coding benchmarks by double-digit margins, and gave paying subscribers access to Mythos-class reasoning for the first time. Then, on June 12, the US government ordered Anthropic to […]

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Fable 5 was beating GPT 5.5 on every major benchmark. Then the US government pulled it offline. Read More »

GM says its autonomous cars will eventually be capable of running as robotaxis too

General Motors shut down Cruise, its $10 billion robotaxi division, in December 2024. Eighteen months later, the company’s chief product officer says GM’s autonomous vehicles will eventually be capable of operating as robotaxis anyway. Sterling Anderson, the former head of Tesla’s Autopilot program, told Business Insider that GM’s personal autonomy strategy and the robotaxi business […]

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