White House official accuses Chinese startup of distilling Anthropic model, accessing banned Nvidia chips

A top White House official on Wednesday accused a Chinese startup of improperly using Anthropic’s latest model and accessing restricted Nvidia chips to develop its new Kimi model. Michael Kratsios, director of the White House Office of Science and Technology Policy, said the administration has information that Moonshot AI distilled to produce the story of…

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Southwest Airlines (LUV) 2Q 2026 earnings

Southwest Airlines Boeing 737 airplanes park at Hobby Airport during an afternoon rainstorm on May 27, 2026 in Houston, Texas. Kevin Carter | Getty Images News | Getty Images Southwest Airlines reported a more than 9% increase in second-quarter profit from last year as higher fares are increasingly helping the airline cover its fuel tab,…

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IBM Q2 earnings report 2026

IBM CEO Arvind Krishna attends a Rose Garden Club event on the Rose Garden of the White House in Washington on July 6, 2026. Mandel Ngan | Afp | Getty Images IBM on Wednesday lowered its 2026 forecast and delivered thinner quarterly profits than analysts had projected, even after the technology vendor issued an earnings…

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