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India Opens Door to Merchant Fees on UPI While Keeping Consumer Payments Free

India has created a legal path for banks and payment companies to charge fees on some Unified Payments Interface merchant transactions, potentially changing the economics of a system that has…

Ferrari Luce Sells for $40 Million, Setting New Auction Record for a New Car

Ferrari’s first fully electric production car, the Luce, has sold for $40 million at an RM Sotheby’s charity auction in Monterey, California. The result set a new record for the…

Flock Cuts Recommended License Plate Data Retention to Seven Days and Expands Misuse Controls

Flock Safety has announced new privacy and accountability measures for its automated license plate reader systems, including a recommendation that police departments retain data for seven days instead of 30.…

Apple Sends New Mercenary Spyware Alerts to Users in 110 Countries

Apple has sent a new round of threat notifications to users in 110 countries who may have been targeted by mercenary spyware. The alerts warn that an iPhone may have…

Writer Launches Palmyra X6 and New Agent Harness to Cut Enterprise AI Costs

Writer has launched Palmyra X6, a new flagship AI model built for agentic and long-running enterprise tasks, alongside an upgraded orchestration system designed to reduce the cost of running AI…

Databricks Raises $5 Billion at $190 Billion Valuation as Revenue Run Rate Tops $7 Billion

Databricks has raised $5 billion at a $190 billion valuation after investor demand for the round reached roughly $15 billion, according to co-founder and CEO Ali Ghodsi. The funding comes…

IBM Partners With OpenAI to Expand Enterprise AI Deployment

IBM has formed a broad partnership with OpenAI that will bring models including GPT-5.6, Codex, and ChatGPT Work into IBM’s consulting and enterprise technology services. The companies will jointly develop…

Anthropic Finds AI Agents Can Escalate Conflicts, Collude and Follow Group Pressure

Anthropic has found that groups of AI agents can develop unexpected and sometimes harmful behavior when they interact with one another, including sabotage, collusion, conformity, and improvised conflict-resolution systems. The…

OpenAI Names Dali Rajic Chief Revenue Officer After Nine Months Under Denise Dresser

OpenAI has appointed Dali Rajic as chief revenue officer, replacing Denise Dresser after nine months in the role. Rajic joins from cloud security company Wiz, where he served as president…

Ford Says Louisville EV Factory Overhaul Is on Track for Fathom Production in 2027

Ford says the $2 billion overhaul of its Louisville Assembly Plant is on schedule to begin producing the Fathom electric pickup in 2027. The sub-$30,000 midsize truck will be the…

Microsoft Merges Consumer and Business Copilot Apps as It Retires Several AI Features

Microsoft is combining its consumer Copilot app with the Microsoft 365 Copilot app, creating a single product for personal, work, and school accounts. The transition starts this month and will…

Nvidia Backs $500 Billion AI Infrastructure Plan With GPU Value Guarantees

Nvidia is working with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR on financing platforms intended to mobilize more than $500 billion for AI infrastructure. As part of the plan,…

Apple Reportedly Plans to Pay Publishers for Content Used by Siri AI

Apple is reportedly in talks with publishers about paying for access to their content as it prepares to launch a more capable version of Siri later this year. The company…

Fermi Names Lee McIntire CEO as Project Matador Secures First Binding Customer

Fermi America has appointed Lee McIntire as chief executive more than three months after removing co-founder Toby Neugebauer from the role. McIntire, an independent member of Fermi’s board, previously held…

Twitch Will Use Creator Content to Train Amazon AI Models Unless Users Opt Out

Twitch will allow creator content on its platform to be used to train generative AI models across parent company Amazon, with creators included by default unless they manually opt out.…

FTC Sends $23.8 Million to Grubhub Drivers and Diners Over Deceptive Practices

The Federal Trade Commission is distributing more than $23.8 million to 640,038 Grubhub drivers and diners following allegations that the food delivery company misled workers about earnings and engaged in…

Cognition Reportedly Seeks New Funding at $40 Billion Valuation

Cognition, the company behind AI coding agent Devin, is reportedly in talks with investors about another funding round that could value the startup at at least $40 billion. The discussions…

Thrive Holdings Raises $2 Billion at $12 Billion Valuation to Expand AI Into Traditional Industries

Thrive Holdings has raised more than $2 billion in new funding at a $12 billion valuation as it expands its model of acquiring traditional service businesses and rebuilding their workflows…

Uber Freight Investigates Data Breach Claimed by Helix Extortion Group

Uber Freight is investigating a cybersecurity incident after the Helix extortion group claimed it stole data from the logistics company’s systems. Uber Freight said unauthorized access affected part of its…

Tesla Plans $10.1 Billion Solar Manufacturing Factory Near Houston

Tesla is considering a solar manufacturing factory in Fort Bend County, Texas, with planned investment of about $10.1 billion and nearly 9,700 permanent jobs. The proposed facility, known as Project…