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Koray Kavukcuoglu takes over in frontier AI push

Gemini AI signage during the Google I/O Developers Conference in Mountain View, California, US, on Tuesday, May 19, 2026. David Paul Morris | Bloomberg | Getty Images DeepMind’s new boss is set to face intense pressure to close the AI performance gap with OpenAI and Anthropic. OpenAI and Anthropic have released new systems in recent…

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why the U.S.-Japan intervention not working

The yen gained on Wednesday following a rally in Japan’s equities and bets on more fiscally responsible policies after Prime Minister Takaichi’s election win. Yevgen Romanenko | Moment | Getty Images The Japanese yen has erased about half the gains from a historic U.S.-Japan intervention less than two weeks ago, as the fundamental forces that…

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AI agent hacks to lead to cybersecurity spending boom

Hirun | Istock | Getty Images A string of recent AI hacking incidents has pushed cybersecurity to the forefront of the conversation, as labs race to develop agentic AI from their frontier models. Last week, OpenAI and Anthropic said models broke out of their testing environments and hacked into other companies. Following that, Meta announced…

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5 takeaways from the country’s latest auto sales data

Exterior view of the Tesla Gigafactory during a government-organised media trip in Shanghai, China, April 14, 2026. Go Nakamura | Reuters BEIJING — Survivors have emerged in China’s fiercely competitive car market, which is increasingly dominated by electric-powered vehicles. Here are brands that have emerged as Chinese consumers’ favorite, according to industry data from Autohome:…

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CoreWeave (CRWV) Q2 earnings report 2026

CoreWeave CEO Michael Intrator appears after the company’s initial public offering at the Nasdaq MarketSite in New York on March 28, 2025. Michael Nagle | Bloomberg | Getty Images CoreWeave shares jumped 13% in extended trading on Tuesday after the AI infrastructure provider reported revenue than topped Wall Street expectations. Here’s how the company did…

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Jensen Huang’s plan faces China risk

Nvidia CEO Jensen Huang speaks to members of media outside a restaurant in the Hongdae district of Seoul, South Korea, June 5, 2026. SeongJoon Cho | Bloomberg | Getty Images Jensen Huang built the world’s most valuable company by pioneering the specialized computer chips behind the artificial intelligence boom. To keep his vision for the…

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