xAI told staff to stop mingling with Cursor employees, weeks after they started working together
xAI told staff to stop mingling with Cursor employees, weeks after they started working together

  Elon Musk’s xAI has told employees to limit their contact with staff from Cursor , the AI coding startup that SpaceX has an option to acquire for $60 billion. The directive came from James Burnham, xAI’s general counsel and former chief lawyer at the…

Spotify tests narrated magazine articles inside the audiobook tier
Spotify tests narrated magazine articles inside the audiobook tier

Spotify began testing a new content format on Tuesday: narrated long-form magazine articles, slotted in alongside audiobooks rather than podcasts. The launch announced from the company’s newsroom on Tuesday morning, includes more than 650 English-langu…

Honeywell’s Quantinuum settles on $12.7bn IPO target after $20bn whisper
Honeywell’s Quantinuum settles on $12.7bn IPO target after $20bn whisper

Quantinuum, the quantum-computing company majority-owned by Honeywell, is targeting a valuation of $12.7bn in its US IPO, according to a Reuters report on Tuesday, a level materially below the $20bn-plus figure that circulated earlier in May when the c…

BNP Paribas works with Mistral on a European answer to Anthropic’s Mythos
BNP Paribas works with Mistral on a European answer to Anthropic’s Mythos

BNP Paribas is working with Mistral AI to prepare for a category of AI cybersecurity tools its US peers already use and its European supervisors cannot reliably get hold of, according to a Bloomberg report on Tuesday. The Paris-based bank, the eurozone…

SpaceX wants the Pentagon to pay five times more for Starlink in the Iran war
SpaceX wants the Pentagon to pay five times more for Starlink in the Iran war

With US strike drones over Iran relying on Starlink for guidance, SpaceX has told the Defense Department the current $5,000-per-terminal rate undervalues what the network is actually doing. SpaceX has told the US Defense Department that it should be pa…

Pony AI raises year-end fleet goal to 3,500 robotaxis after a strong Q1
Pony AI raises year-end fleet goal to 3,500 robotaxis after a strong Q1

Pony AI, the Beijing-based driverless car company, raised its 2026 year-end robotaxi fleet target on Tuesday to more than 3,500 vehicles, up from a previous 3,000, after reporting first-quarter robotaxi revenues that rose 395% year-on-year. The revised…

China extends AI travel curbs from DeepSeek to other private firms
China extends AI travel curbs from DeepSeek to other private firms

Top researchers at private Chinese AI companies are being asked to surrender passports, in a quiet expansion of the controls that began at DeepSeek earlier this year. China is widening its informal travel restrictions on senior AI researchers, extendin…

Spain blocks Polymarket and Kalshi over missing gambling licences
Spain blocks Polymarket and Kalshi over missing gambling licences

A three-to-four month suspension while Madrid’s gambling watchdog investigates makes Spain the latest European jurisdiction to treat prediction markets as unlicensed betting. Spain has temporarily blocked the US-based prediction markets Polymarket and …

Sam Altman says an AI jobs apocalypse is unlikely
Sam Altman says an AI jobs apocalypse is unlikely

The OpenAI chief, speaking in the Asia-Pacific, walked back the more dramatic predictions of broad employment collapse. The data, so far, agrees with him. OpenAI chief executive Sam Altman said on Tuesday that artificial intelligence was unlikely to tr…

Samsung’s non-chip union goes to court to halt bonus vote
Samsung’s non-chip union goes to court to halt bonus vote

A smaller Samsung Electronics union representing roughly 13,000 workers in the company’s smartphones, televisions and home appliances divisions has filed an injunction at South Korea’s Suwon District Court to halt an ongoing companywide vote on a bonus…