What's We Reading
Arcee, a US open source AI lab, says Chinese models are not inherently dangerous
As Chinese AI models grow in capability and popularity among U.S. companies, the arguing over what should be done about them has reached a fever pitch.
Indian payments chief thinks AI will be heavily involved in next era of digital payment growth
Dilip Asbe said that newer UPI apps could be more competitive with a viable commercial…
‘Odyssey’ director Christopher Nolan calls AI an obvious ‘Trojan horse’
"Everybody knows the Greeks are inside."
OpenAI’s AI spending spree has ballooned to $750B
OpenAI will spend the equivalent of Sweden's GDP on infrastructure through 2030.
$4 billion gone. Spot bitcoin ETFs are on track for their worst month on record
Investors have pulled out $4 billion from the U.S.-listed spot bitcoin ETFs in June, the…
CFTC Staff Issues No-Action Position on Designated Contract Market Procedures
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Substack’s new tool tells you who’s been writing their newsletters with AI
Substack is giving readers a way to estimate how much of a newsletter was written by AI, signaling a broader shift toward transparency around AI-assisted content.
Zoox issues software recall after a robotaxi got confused by heavy smoke
The recall comes as the top automotive safety regulator in the U.S. has warned AV companies about their vehicles interfering with first responders.
Why Cognition bought Poke: AI personality is becoming a competitive advantage
AI coding startup Cognition has acquired Poke, the AI assistant you text like a friend,…
AI inference startup Baseten reportedly raising $1.5B months after its last mega-round
Startup Baseten is reportedly close to finalizing a $1.5 billion round at a $13 billion…
Tokenization has become a strategic priority for 84% of financial firms
A Broadridge survey found Wall Street is accelerating tokenization efforts while betting on hybrid markets…
FTC gives Musk the OK to acquire SpaceX alumni startup Mesh
Mesh came out of stealth in February with a $50 million Series A.
Uber’s robotaxi lobbying effort puts it on a collision course with Waymo
Washington, D.C. has become a battleground for Uber and Waymo's competing views.

CFTC Staff Issues No-Action Position on Designated Contract Market Procedures
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Why Cognition bought Poke: AI personality is becoming a competitive advantage
AI coding startup Cognition has acquired Poke, the AI assistant you text like a friend, in a deal valuing the…
US accuses American of allegedly wiping his phone using a ‘duress’ password during border search
A U.S. citizen has asked a court to throw out the government's claim that he gave over a passcode to…
Anduril reportedly in talks to raise funding at $100B valuation, more than 3x last year’s mark
Anduril is said to be raising a new round of funding that may push its valuation up to about $100…