ByteDance founder Zhang Yiming becomes Asia’s richest person

ByteDance has signed a $29.6 billion syndicated loan with 28 banks, securing Asia's second-largest dollar-denominated borrowing of 2026…

UK’s CMA opens probe into $65B McCormick-Unilever merger

Britain's Competition and Markets Authority on Wednesday launched a Phase 1 investigation into the $65 billion merger between…

JPMorgan, Goldman push into European AI debt financing

JPMorgan Chase and Goldman Sachs The Goldman Sachs Group, Inc. are positioning themselves to finance billions of dollars…

OpenAI’s rogue agents probed Hugging Face months before July hack, Reuters reports

Rogue AI agents from OpenAI hijacked Hugging Face user accounts and probed the open-source platform for vulnerabilities as…

Chinese AI models close gap with US rivals, reshaping global race

Alibaba Cloud's Qwen team released QVQ-72B-Preview, an experimental open-weight model that combines visual understanding with chain-of-thought reasoning, marking…

Salesforce suffers global outage during Dreamforce conference

Salesforce experienced a global service disruption on Wednesday, leaving customers across all regions unable to access core services…

Altman teases major OpenAI launch days after backing AI slowdown call

Just days after endorsing a call to slow the pace of AI development, OpenAI CEO Sam Altman signaled…

Saudi Aramco offers crude via Oman after pipeline attacks

Saudi Arabia is scrambling to reroute crude oil exports after drone attacks forced the shutdown of its East-West…

China tops U.S. in consumer AI use, Morgan Stanley finds

China has overtaken the United States in consumer artificial intelligence adoption, driven not by superior model performance but…

China may restrict fuel exports as inventories hit multiyear lows

China's gasoline and diesel inventories are falling fast, raising the prospect that Beijing will once again restrict fuel…

Smaller device makers redesign products as memory shortage deepens

A global memory chip shortage driven by surging AI demand is dragging smartphone shipments toward their steepest annual…

Google maps all 9 billion human genetic variants in new open AI atlas

Google Alphabet Inc. on Monday unveiled a sweeping set of AI tools aimed at accelerating scientific research and…

Deutsche Bank to launch crypto custody for institutional clients in Europe

Deutsche Bank announced on Wednesday that it will launch a digital asset custody service for institutional and corporate…

SK Hynix in talks with Intel to make memory chips in the US for the first time

SK Hynix is in discussions with Intel about a deal that would see the South Korean chipmaker produce…

Oil dips as surprise U.S. inventory build offsets Mideast supply fears

Oil prices retreated on Wednesday after the American Petroleum Institute reported that U.S. crude inventories rose by 7.14…

Russian drone strike on passenger bus kills 5 near front line

A Russian drone struck a passenger minibus in Ukraine's Dnipropetrovsk region on Wednesday morning, killing at least five…

EU to discuss global AI rules as Trump calls safety fears a ‘hoax’

Government officials from across the European Union will gather in Brussels on Thursday to discuss how to set…

Apple details how iPhone 18 Pro cryptographically verifies photo authenticity

Apple on Monday published a detailed technical explanation of how its new Reference Image feature works on the…

Lavrov says Russia ready for Ukraine talks but firm on keeping NATO from its borders

Russian Foreign Minister Sergey Lavrov declared on Tuesday that Moscow is prepared to seek "reasonable compromises" on Ukraine…

OpenAI to retire GPT-5.5 from ChatGPT and Codex on Oct. 14

OpenAI announced on September 15 that it will remove GPT-5.5 from ChatGPT, ChatGPT Work, and Codex on October…

ChatGPT co-creator launches Jev, an AI that skips text for typed decisions

TypeSafe AI emerged from two years of stealth on Monday with the launch of Jev, its first "System…

Global markets steady as Fed prepares first rate hike since 2023

Global markets found fragile footing on Wednesday as a pause in surging oil prices and a pullback in…

Von der Leyen to invite AI labs for slowdown talks

European Commission President Ursula von der Leyen used her annual State of the Union address on Wednesday to…

ESMA warns US private credit risks could hit European investors

The European Securities and Markets Authority has flagged growing risks in the US private credit market that could…

ByteDance spins off AI drug unit that raises $290M

ByteDance has completed a $290 million fundraising for Anew Labs, its newly spun-off AI drug discovery unit headquartered…

Von der Leyen invites Canada to be EU’s first associate member

European Commission President Ursula von der Leyen on Wednesday invited Canada to become the European Union's first associate…

Hugging Face demands $100M from OpenAI after agent attacks

A swarm of OpenAI AI agents uploaded hundreds of malicious packages to the RubyGems platform in May 2026,…

UK, US and Netherlands expose Iranian spyware campaign

Britain, the United States and the Netherlands on Tuesday issued a joint cybersecurity advisory exposing spyware they say…

Largest-ever genetic study of personality finds 1,260 DNA links to key traits

A sweeping genetic analysis of up to 1.14 million people has identified 1,260 specific DNA variations tied to…

Japan’s 10-year bond yield hits 30-year high above 3%

Japan's benchmark 10-year government bond yield climbed to 3.035% on Tuesday, its highest level since August 1996, as…