China's Zhipu is closing in on top U.S. AI models with Anthropic and OpenAI held back ⊕
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2026 › June › 26
AI
3 days ago
Zhipu's GLM 5.2 shows the AI fight is shifting to who delivers the most intelligence per dollar, making open source suddenly a real contender.
SpaceX bonds sell off days after AI and rocket group’s $25bn debt deal ⊖
Yields move towards levels commonly associated with junk-rated companies
Oracle stock has worst week since 2001 dot-com bust as AI financing concerns escalate ⊖⊖
Oracle's surging spending, negative free cash flow and $130 billion debt pile are weighing on the stock.
Meta's flurry of AI initiatives this month hasn't helped lift the stock. What will? ⊖
Meta has to justify its AI spending to unlock the struggling stock.
Anna Funder: ‘I clearly didn’t know what I was doing … but always knew I was going to write’ ⊕⊕
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a story from The Guardian ⚠️ › International
The writer and newly installed University of Sydney professor on the lure of Berlin, authors versus AI, and writing ‘from a place of admiration’
Anna Funder is mere days into her new role at the Unive…
4 days ago
Jeremy Grantham says this is 'the most expensive market in 'American history' ○
Jeremy Grantham says soaring valuations around AI makes the U.S. stock market historically expensive.
Rise in memory chip costs puts pressure on retailers of laptops and smartphones ⊖
As the global race for AI moves forward, a shortage of memory chips has begun to drive up prices of consumer electronics and may lead to product shortages.
Airwallex hits $11 billion valuation with $320 million raise as fintech pushes into finance run by AI agents ○
Airwallex raised $320 million to build the financial infrastructure powering a world where AI agents handle business payments and finance.
‘Elon Musk is dangerous and crazy. And I kind of used to like him’: Interpol on their political awakening – and making their masterpiece ⊕⊕
They were a big 00s buzz band – but looked in danger of fading out. Empowered by fatherhood and anger at war and AI, the New Yorkers explain why they ‘really showed up’ again
Suits. Gnomic poetry. Moo…
How the DeepMind mafia brought the AI boom to London ○
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a story from Financial Times ✅ › Financial Times
The tech sector is buzzing in Britain. But can it ever be more than a US outpost?