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OpenAI adds two banking CEOs to its board as an IPO looms

The ChatGPT maker has put two banking chiefs on both its nonprofit and for-profit boards: Nubank’s David Vélez and BNY’s Robin Vince. It is the kind of Wall Street ballast a company assembles when it is getting ready to face public investors. OpenAI is not a public company yet. Its latest board picks suggest it […]

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Substack adds AI detection to fight ‘Claudefishing’

Substack has a name for the moment you realise a post you admired for its human voice actually came from a bot: Claudefishing. Now it is handing readers a button to catch it, powered by the AI detector Pangram. The newsletter platform has launched an AI-detection feature. In a pointed post titled “Against Claudefishing,” chief […]

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Jack Dorsey’s Block takes on Slack with Buzz, a workspace for humans and AI agents

Jack Dorsey’s Block wants to take on Slack. The twist is that the workforce it is building for is half machine. Its new app, Buzz, is an open-source workspace where humans and AI agents share the same channels, and every agent carries its own portable identity. Block, the Dorsey-led fintech behind Square and Cash App, […]

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Meta’s AI is deleting accounts, and the only way to appeal is more AI

Camille Hanson woke one night in March to a notification: Meta had flagged her Facebook and Instagram accounts for deletion. She and her husband ran an English-teaching business there with nearly a million followers. Meta said she had breached its rules on fraud and deception, the New York Times reported. She appealed. A week later […]

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OpenAI and Anthropic now out-lobby Nvidia in Washington

The AI industry is buying a bigger seat at the table. OpenAI and Anthropic set records for federal lobbying in the second quarter of 2026, CNBC reported. Together they spent $3.17 million, up 23% from the first quarter. Startups outspending giants The individual numbers are the striking part. Anthropic spent $1.97 million, up 26% in […]

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Oracle says one AI data centre could cost it a $7bn power guarantee

Oracle is building a huge AI data centre in Port Washington, Wisconsin, with Vantage and OpenAI. The nearly one-gigawatt Lighthouse Campus is a roughly $15 billion project. To get the electricity to run it, though, Oracle first has to satisfy the local regulator, and that is proving expensive. In a sworn affidavit, Oracle says the […]

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A 25-year-old just raised $180M to build a US bank from scratch

Augustus has raised $180 million at a $1 billion valuation. Tiger Global led the round, the company announced on Tuesday. Hummingbird, QED, and the founders of Nubank, Ramp, Circle and Deel joined in. The startup has now raised $210 million in total. A bank, built from scratch Augustus wants to be what it calls the […]

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Hackers stole Estée Lauder staff’s bank and health data. The company took nearly a year to say so.

The cosmetics giant Estée Lauder is notifying staff of a data breach after hackers slipped into the Oracle software it uses to run human resources. BleepingComputer first reported the disclosure. Nearly a year in the dark The timeline is the uncomfortable part. According to the company’s notification letter, an intruder reached its Oracle E-Business Suite […]

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This AI-piloted fighter jet takes off with no runway. It just cleared a key test.

A fighter jet that needs no runway is a step closer to flight. Shield AI and GE Aerospace say they have completed engine light-off testing for the X-BAT. It is an AI-piloted strike aircraft, built to take off and land vertically. The two firms announced the milestone this week. The nozzle that does the trick […]

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US computer-science enrolment just fell for the first time in 20 years

Computer science was the safe bet. For twenty years, enrolment in the US only went up. In the 2025-26 academic year, it went down. The reversal The finding comes from Jacob Light, an economist at Stanford’s Hoover Institution. Business Insider reported his research. His dataset is vast: more than 50 million course sections since 1996, […]

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