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US holds off blacklisting DeepSeek and 100-plus Chinese firms

The decision had, in effect, already been made. According to people familiar with the matter, reports Reuters, a US interagency committee approved adding the Chinese AI startup DeepSeek, the memory-chip maker CXMT and more than 100 other companies flagged as national-security risks to the Commerce Department’s Entity List last year. What has not happened, and […]

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G7 leaders weigh a ‘trusted partners’ route to America’s top AI models

The conversation happened where these conversations usually happen, on the sidelines of a dinner. At the opening of the G7 summit in the French lakeside resort of Evian-les-Bains on Monday, representatives of several member countries raised with US Commerce Secretary Howard Lutnick the idea of a ‘trusted partners’ scheme that would let allied nations, or […]

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OpenAI burned $3.7bn in the first quarter, The Information reports

OpenAI burned through $3.7bn in the first three months of 2026, more than half its revenue of $5.7bn over the same period, according to The Information, which cited documents the company shared with shareholders. Both numbers tripled from a year earlier, a symmetry that captures the company’s peculiar position: growing faster than almost any business […]

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