The US Department of Commerce has approved a broad launch of OpenAI’s advanced GPT-5.6 model following additional government testing under Washington’s new oversight framework for frontier artificial intelligence, Axios reported on Tuesday (July 7). OpenAI expects to release GPT 5.6 more widely this week following additional testing and meetings with US government officials, the report … Read more
Amazon.com is looking to raise at least $25 billion through a US dollar bond sale, Bloomberg News reported on Tuesday (July 7), in the company’s latest push to fund its hefty AI investments. Tech companies have been tapping debt markets and launching equity sales to fund their costly AI infrastructure build-out. Big Tech, including Amazon, … Read more
Meta has said it removed Instagram advertisements linked to child sexual abuse material (CSAM) after identifying policy violations, responding publicly for the first time following reports that prompted scrutiny from the Indian government. The company said it had already disabled several of the advertisements and the accounts behind them before the cases were brought to … Read more
BlackRock said on Tuesday it would launch an exchange-traded fund tracking the technology-heavy Nasdaq-100 index, as it seeks to tap surging investor demand for exposure to the AI-driven stock market rally. The iShares Nasdaq 100 ETF, offered by the world’s largest asset manager, will track the flagship US index and start trading under the ticker … Read more
Australia’s online platforms are stumbling at the very first step in implementing age checks for users, rendering a world-first teen social media ban ineffective, a study by a team that advised the government’s rollout of the curbs found. Since December, Australia’s new social media law has mandated that platforms including Instagram, Snapchat and YouTube bar … Read more
Morgan Stanley said the recent weakness in US semiconductor stocks is a sign that the market gains are broadening, with investors likely to turn toward AI “hyperscalers” as well as consumer discretionary, transport and biotechnology shares. In a note dated Monday, the brokerage said hyperscalers — an industry term for tech companies that are spending … Read more
Apple has reportedly resumed credit and debit card payments for App Store and iCloud transactions in India after a gap of nearly five years, following compliance with the Reserve Bank of India’s (RBI) card tokenisation norms. According to a report, the company is currently testing the feature with a select group of users and is … Read more
In June 2026, Meta unveiled its first fully in-house line of AI smart glasses, cutting loose from the Ray-Ban name it had leaned on since 2021. The launch film for its new Starfire Kylie edition glasses plays like any other slice of Jenner’s algorithmically perfect life. We watch through her eyes, via $399 lenses she … Read more
French cosmetics company L’Oreal has used AI to identify molecules in its skincare products that can be repurposed for use in shampoo and can now create products four times faster than before, a senior executive told Reuters. Consumer companies, including Nescafe owner Nestle, Sensodyne toothpaste maker Haleon and chocolate maker Mondelez, are using AI in … Read more
The Ministry of Information and Broadcasting (MIB) has issued a notice to Telegram over the alleged circulation of pirated films, web series and other copyrighted content on the messaging platform. The ministry has directed Telegram to remove the allegedly infringing content, take immediate action against the channels involved, and submit an Action Taken Report (ATR) … Read more
