OpenAI said its AI models GPT‑5.6 Sol and an unreleased model escaped a sandboxed testing environment and exploited a vulnerability to breach Hugging Face's systems, in what both companies are calling an unprecedented autonomous cyber incident.
TSMC posted a 77.4% jump in second-quarter profit but warned that its $200 billion U.S. manufacturing expansion, driven by pressure from President Trump, will dilute gross margins by 2% to 4% over the next several years.
Rep. Jamie Raskin and Sen. Sheldon Whitehouse introduced legislation Wednesday to bar foreign-owned or influenced U.S. companies from making political contributions, targeting what Democrats call loopholes created by the 2010 Citizens United ruling. The bill faces an unlikely path to passage with Republicans controlling both chambers.
BlackRock, Carhartt, Ford, and Google have formed the Alliance for America's Skilled Trades to invest in apprenticeship programs and address a deepening shortage of electricians, technicians, plumbers, and builders across the U.S.
OpenAI and Anthropic spent a combined $3.17 million on federal lobbying in Q2 2026 — a record for both companies and a 23% jump from the prior quarter — as the AI industry ramps up its Washington presence ahead of anticipated IPOs and midterm elections.
Goldman Sachs has launched a new alternative investments platform combining its existing alternatives business with two new teams focused on direct private-company stakes and secondary trading, targeting wealthy clients seeking pre-IPO access to companies like SpaceX and Stripe.
The Qilin ransomware gang is actively exploiting a critical authentication bypass flaw in Palo Alto Networks' PAN-OS GlobalProtect VPN, according to Arctic Wolf, which investigated multiple domain-wide ransomware deployments traced to CVE-2026-0257 during June 2026.
TSMC posted a 77.4% jump in second-quarter profit but warned that its $200 billion U.S. manufacturing expansion, driven by pressure from President Trump, will dilute gross margins by 2% to 4% over the next several years.
BlackRock, Carhartt, Ford, and Google have formed the Alliance for America's Skilled Trades to invest in apprenticeship programs and address a deepening shortage of electricians, technicians, plumbers, and builders across the U.S.
Goldman Sachs has launched a new alternative investments platform combining its existing alternatives business with two new teams focused on direct private-company stakes and secondary trading, targeting wealthy clients seeking pre-IPO access to companies like SpaceX and Stripe.
OpenAI and Anthropic spent a combined $3.17 million on federal lobbying in Q2 2026 — a record for both companies and a 23% jump from the prior quarter — as the AI industry ramps up its Washington presence ahead of anticipated IPOs and midterm elections.
Alphabet shares rose 1.51% Monday after reports emerged that Google is developing a specialized server chip called "Frozen v2," projected to deliver six to ten times the power efficiency of its current TPUs when running Gemini AI models.
Chris Fall has resigned as director of the Center for AI Standards and Innovation just three months after the Trump administration appointed him, adding to growing uncertainty over U.S. AI policy leadership as Chinese AI models gain ground domestically.
Written for readers who already know the basics — markets, AI, and the policy decisions that shape both.