Latest UK & Global AI News

(Corrects figure in paragraph 11 to 2.5 gigawatts by end of year, not 5.5 gigawatts.)By Katie Paul, Max A. Cherney and Stephen NellisNEW YORK/SAN FRANCISCO, July 9 : Meta Platforms plans to start manufacturing an artificial intelligence chip from September as part of its plan to boost overall computin

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Last Friday, Apple sued OpenAI for alleged theft of trade secrets. According to Apple, the theft was conducted by former employees who are now working for OpenAI, and cites being directed by OpenAI’s senior leadership. The lawsuit contains details that would make an interesting movie: OpenAI coaching departing Apple employees on how to evade security, bringing Apple hardware components during interview processes, and asking about unannounced projects. Since April, there are ongoing rumors going around that OpenAI is preparing to enter the hardware space. Possibly a phone with AI agents, instead of apps, and a pair of earbuds. OpenAI has also recently acquired io, a startup by Sir Jony Ive, the former lead designer in Apple, and who, I should point at critically, designed the Ferrari electric car. Ive’s io focused on developing AI-powered hardware products, bolstering rumors about OpenAI’s hardware push. Along with the complaint, Apple also alleges former employee Chang Liu, who worked at Apple as a senior systems electrical engineer, left the company for OpenAI earlier this year, while also not returning the Apple-issued laptop, which may contain confidential information. Tang Yew Tan, was also mentioned. He was a former Apple vice president in product design, and is now OpenAI’s chief hardware officer. Apple adds that, during their ongoing investigation, OpenAI used Apple’s confidential information in developing its hardware product. This does not sour Apple’s relationship with OpenAI, it seems. Since Apple is still gearing up to partner with OpenAI to integrate AI capabilities into future devices.

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Hedge Fund CIO: "We Haven't Yet Diffused AI Across The Economy To The Degree That It Can Be Useful" By Eric Peters, CIO of One River Asset Management “President Putin said, ‘I would love to meet Zelensky in Moscow.’ And I said, ‘I don't think...you know, I have to put myself in his position. I don’t know that he’d go to Moscow,” said Trump, seated next to Zelensky in the Oval Office, the two of them discussing Russia’s war on Ukraine. “Maybe he would. Would you go to Moscow?” Trump asked Zelensky, putting him on the spot, cameras snapping away. “It’s difficult. There are a lot of Ukrainian drones there,” answered Zelensky, unable to suppress a smile. “That’s right,” said Trump. “It’s dangerous,” laughed Zelensky. Human beings really are the best. We can adapt to the sickest crap. And if we really can’t stop ourselves from killing one another, may as well start joking about it. Iran’s Larijani joked that the IRGC could take Trump out with a micro-drone while sunbathing at Mar-a-Lago . Trump told Fox News that it’s been a long time since he’s been sunbathing, “Maybe I was around 7 or so. I’m not too big into it.” It wasn’t long ago that the Iran war seemed like a big deal. It used to be that killing heads of state was taboo. And I can remember when people thought closing Hormuz would spark a global depression. Russia’s biggest industrialist, Andrey Melnichenko, warned of the potential for a horrifying outcome if Russia continues down its self-destructive path. I’m pretty sure he was hinting that Putin might use a tactical nuclear weapon if backed into a corner. I first saw a philosophical justification for a preemptive tactical nuke strike 2mths ago [ here ]. Apparently, now that humans have adapted to the doctrine of mutually assured destruction, our thermonuclear nukes have become a bit of a joke, because no one would dare ever use one. The VIX index naturally declined to 15. Which mechanically forces volatility-controlled investment strategies to take more risk. Lifting equity prices. Lowering volatility. Inviting volatility sellers. Just like every other late market cycle. After a while it honestly gets kind of funny. Artificial Intelligence+ To break dependence on Western technology and drive a new era of growth, in 2024 Beijing explicitly categorized its industrial focus into: Six Future Industries (long-term, frontier technologies) and Six Emerging Pillar Industries (near-term economic drivers). Then in Aug 2025, Beijing formalized an “ Artificial Intelligence+” initiative, which treats AI as foundational, cross-cutting tech - like electricity or infrastructure - rather than a standalone sector. The initiative emphasizes deep AI integration across The Sixes. The Six Future Industries are frontier technologies that Beijing seeks to establish first-mover advantage and dictate global standards over 10yrs. China’s Ministry of Industry and Information Technology established six broad overarching categories (Future Manufacturing, Information, Materials, Energy, Space, Health). These translate into six specific priorities: Embodied Artificial Intelligence, Brain-Computer Interfaces, Quantum Technology, Hydrogen & Nuclear Fusion Energy, Biomanufacturing, and 6G Mobile Communications. The Six Emerging Pillar Industries are to drive immediate, massive economic output. Integrated Circuits : domestic semiconductor manufacturing to bypass US export controls. Low-Altitude Economy: drones, flying cars, and infrastructure to manage low-altitude airspace. Intelligent Robots: automation hardware for factories/logistics. Aviation and Aerospace: commercial spaceflight, satellite networks, domestic commercial aircraft. Energy Storage: advanced battery tech to support the grid. Biomedicine: advanced pharmaceuticals and medical equipment. Ten Basis Points: “It’s going to be China or the US,” said the CIO, an American who built his firm in Asia, investing in equities, tech names, macro themes. “ A European sovereign AI is a pipe dream – they think Mistral will be their LLM and they’ll build data centers? Really? How exactly?” he asked. “They need Nvidia. They need a tech stack that has emerged from American and Asian IP that combines to form these magical machines that you throw a model into.” To create intelligence. “And what happens to these nations that can’t afford tokens in the next few years? How do India and Brazil and all these second-tier companies even compete?” “We’ve entered an era where the biggest of the big - Google, Microsoft, SpaceX, Tesla, even JP Morgan - will be accessing tokens in ways that is going to catapult their businesses ahead of everybody else,” continued the CIO. “This sort of faux debate over cheap open-source AI versus expensive Anthropic is nonsense. There’s a shortage of intelligence - pure and simple – we’re below ten basis points of market penetration in this stuff across the global economy, why are people even having a debate over this?” “Given all the component shortages and constraints, and the anti-AI populist backlash, we could see a horrific market crash along the way, but we haven’t yet diffused this technology across the economy to the degree that it can be useful,” he continued. My Tesla drives me everywhere. I’m a super user, virtually alone. But in 10 years, no one will drive. “We have zero AI in regulated processes within banks, healthcare companies and insurance companies because the errors and hallucination are being ironed out.” But they will be. “This could be the last great bull market in technology. What could eclipse superintelligence?” Anecdote: “As we know the two principal players and their mentor, I take their words and actions as a serious roadmap,” said the CIO. We were discussing Bessent’s speech at the Economic Club of New York [ here ] and Warsh’s press conference following his first FOMC meeting [ here ]. “ Much like the Chinese Communist Party 5-year plans, we’re glimpsing the future for American economic policy. Having watched the Chinese game the global trading system to the point that it broke leads me to believe it should be reassembled in Scott’s vision for something more equitable,” continued the CIO, an American who built his firm in Asia, investing in equities, tech, macro themes. “AI competition with China is also central to this strategy. It’s possible that like Reagan spending Gorbachev into the ground, we could cause the Chinese system to hit the wall .” Interesting. “Beijing’s national data center strategy is to build massive scale in token factories.” CXMT is their national DRAM champion and is about to IPO. Its disclosures reveal deep inefficiencies. Beijing will inevitably subsidize its losses. “Chinese open-source models are all the rage on Twitter. They’re not as good for complex thinking but very good at specific tasks and sub agent work. Therefore, as these models sit on US tech stacks, no Chinese innovator is making money - AWS makes the money for producing the token ,” he said. “Having already sunk massive amounts into EV, Solar, and other areas, one day the Chinese may well hit a wall, especially given they have yet to tackle their property sector.” The chronic decline in Chinese property prices has caused a depression in domestic consumption. “If Scott’s strategy works and allied nations realize it’s better to play along then not, the Chinese export markets could become smaller precisely when they need them most. At the same time Taiwan, Singapore, Korea, and Hong Kong do stuff we need so we could work more diplomatically with them as they are no longer the Asian Tigers of our youth,” he said. “Let’s see how it plays out but it’s fascinating and why guys like us stay in the game.” Tyler Durden Sun, 07/12/2026 - 21:41

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Kumba Iron Ore Limited (OTCMKTS:KUMBF – Get Free Report) was the recipient of a large increase in short interest in June. As of June 30th, there was short interest totaling 61,815 shares, an increase of 606.8% from the June 15th total of 8,746 shares. Based on an average daily volume of 0 shares, the days-to-cover [...]

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The device's inventor says it is also good at transcription and can help anyone hard of hearing.

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Thousands of former Amazon employees are struggling to find work as the tech industry faces its steepest job cuts of the year. Companies are aggressively restructuring around AI, leaving many workers to navigate a competitive, saturated job market after being displaced by the very tech they built.

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Rice and NASA Launch Open-source Remote Space Robotics Simulator AI Insider

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A fictional parenting expert became a viral sensation after giving Chinese daughters a voice their parents were more willing to hear.

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Educators share why your child might be losing marks despite knowing the concepts.

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The United States has relaxed its export controls on the United Arab Emirates (UAE), making it easier for companies in the region to access advanced computing items.

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Acclaimed filmmaker Christopher Nolan has expressed his skepticism about the use of artificial intelligence (AI) in Hollywood.

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As artificial intelligence continues transforming how consumers and businesses discover information online, companies are facing a new challenge: understanding whether their websites are building the authority needed to remain visible across both traditional search engines and emerging AI-powered search experiences. To address this shift... Read the full article on TechBullion.

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(MENAFN) South Korea's SK Hynix has pulled in roughly $26.5 billion through a US share sale, underscoring investors' hunger for companies powering the artificial intelligence buildout.The chipmaker ...

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Researchers employed agent-based modelling to examine how crew size, mission duration, and resupply schedules might influence the success of future lunar settlements.

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15,000+ Buyers Matched with the Right Suppliers in Record Time as Organizers Unlock Industry-First Behavioral...

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The complaint alleges a coordinated effort by two former Apple employees and OpenAI to steal confidential information. Apple files lawsuit accusing ChatGPT maker OpenAI of stealing trade secrets

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I spent years as an investigator with the Toronto Police and watched organizations pour money into firewalls, monitoring systems and security audits to protect against cybercriminals. Breaches still happened, but [...]

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Beijing’s recent cybersecurity warning against American artificial intelligence lab Anthropic is expected to accelerate a shift among Chinese developers towards domestic coding alternatives, according to analysts. China’s National Vulnerability Database (NVDB), overseen by the Ministry of Industry and Information Technology, issued an alert this week claiming multiple versions of Anthropic’s flagship Claude Code tool contained a security “back door”. According to the agency, the software could...

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Students who use AI to cheat in high school are only hurting themselves. Schools could be clearer in their rules.

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Celebrities keep telling us to embrace AI — and it’s making me want to use it less TechRadar

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July 11, 2026 -- MuzeImage provides an intuitive AI image creation experience that enables users to transform text prompts into high-quality visuals for design, marketing, content creation, and creative projects.

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July 11, 2026 -- On July 4th, we engaged measures that ensure the safety of humanity above AI, and end war in the event of AI catastrophe.

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We're constantly told AI is inevitable and resisting it means falling behind. But after a year of talking to people about AI, I think something else is going on.

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JUDGEMENT day has arrived for England. After surviving the Azteca, Thomas Tuchel's side now face Erling Haaland and his gang of Viking invaders in Miami for a place in the semi-finals of the 2026 World Cup. The Norwegians have already sent Brazil packing and will fancy adding another heavyweight scalp to their collection, while the...

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Over the past week, fans have scoured Manhattan’s streets and the internet for crumbs from what’s been called “the United States’ royal wedding.”

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