In Brief

Delaware attorney general reportedly hires a bank to evaluate OpenAI’s restructuring plan

Delaware’s attorney general is hiring an investment bank to advise on OpenAI’s for-profit conversion, the Wall Street Journal reported on Wednesday. The independent evaluation could prolong the transition, or gum up OpenAI’s plans even further. OpenAI’s conversion will help it attract new investment and eventually go public, but first, the startup needs to secure approvals […]

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Netflix co-founder Reed Hastings joins Anthropic’s board

Netflix co-founder Reed Hastings is joining Anthropic’s board of directors, the company announced on Wednesday. Hastings’ appointment adds a veteran big tech executive to one of OpenAI’s largest — and youngest — competitors in the AI race. The Netflix co-founder seems likely to help Anthropic grow from a startup into a major company, pulling from

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Trump signs bill criminalizing revenge porn and explicit deepfakes

President Donald Trump signed the Take It Down Act on Monday, a bipartisan law that enacts stricter penalties for distributing nonconsensual explicit images, including deepfakes and revenge porn.  The bill criminalizes the publication of such images, whether they’re authentic or AI-generated. Whoever publishes the photos or videos can face criminal penalties, including fines, imprisonment, and

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Radiologists aren’t going anywhere | TechCrunch

Nine years ago, AI pioneer Geoffrey Hinton sent shock waves through medicine by declaring it “just completely obvious” that AI would make radiologists extinct in short order. Fast-forward and the specialists — who do more than analyze images — are thriving, observes The New York Times. In fact, the field is experiencing explosive growth amid

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Google tests replacing ‘I’m Feeling Lucky’ with ‘AI Mode’

Google is testing a redesign of its Search homepage in which “AI Mode,” the experimental AI-powered search feature the company rolled out earlier in May, replaces its longstanding “I’m Feeling Lucky” button under the Search bar. A company spokesperson confirmed to The Verge, which was the first to report the change, that the feature began

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Apple announces new accessibility features, including future support for brain implants

Apple on Tuesday announced a range of accessibility features coming to its devices later this year. New Accessibility Nutrition Labels will provide more detailed information for apps and games on the App Store, while a new Braille Access tool will turn the iPhone, iPad, Mac, and Apple Vision Pro into a braille note taker. Additional

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Robinhood grows its footprint in Canada by acquiring WonderFi

Robinhood revealed Tuesday that it’s acquiring Canadian crypto leader WonderFi for CA$250 million (around $178.56 million) in an all-cash deal as it pushes into Canada’s growing digital asset market. WonderFi operates two regulated crypto platforms, Bitbuy and Coinsquare, with over CA$2.1 billion in assets under custody. The transaction offers WonderFi shareholders CA$0.36 per share, representing

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OpenAI’s Stargate project reportedly struggling to get off the ground, thanks to tariffs

OpenAI’s ambitious Stargate data center project is facing delays thanks to tariff-related economic uncertainty, reports Bloomberg. Growing market volatility and cheaper AI services have made banks, private equity investors, and asset managers wary of investing in Stargate, an OpenAI-led project that aims to raise up to $500 million for AI infrastructure in the U.S. and

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CoreWeave reportedly looks to raise $1.5B in debt as IPO disappoints

Data center operator CoreWeave is reportedly seeking a $1.5 billion debt deal after a disappointing IPO. According to the Financial Times, CoreWeave is holding a roadshow this week with bankers at JPMorgan for debt options. The company’s executives intend to use the meetings to gauge investor interest. New Jersey-based CoreWeave listed its shares in March,

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