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Meta removes controversial AI feature on Instagram after backlash
TechCrunch AI
Meta told Dylan Byers, of Puck News, that it had nixed the feature after backlash from its user base.
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Meta turns off the Instagram feature that let users make AI deepfakes of public accounts
The Verge AI
Following significant backlash, Meta is turning off the feature it announced this week that let users generate AI images based on content from public Instagram accounts just by tagging them. The feature, as originally set up, meant that content from any public Instagram accoun...
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Apple sues OpenAI for allegedly stealing hardware secrets
The Verge AI
Apple has sued OpenAI, alleging that engineers stole Apple secrets to advance the AI startup's hardware plans. In its complaint, Apple says it uncovered "a pattern of theft of Apple's trade secrets by OpenAI employees who were formerly at Apple." In addition to OpenAI, the law...
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Apple sues OpenAI over alleged trade secret theft
TechCrunch AI
Apple alleges the misconduct was directed by OpenAI's senior leadership, including a longtime former employee.
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Open source AI matters more than ever, according to Hugging Face’s Clem Delangue
TechCrunch AI
Open source AI is booming, according to Hugging Face CEO Clem Delangue. The company has grown into something like a GitHub for AI in recent years, where AI builders can share and download open models and datasets, now used by roughly half the Fortune 500. Delangue has seen the...
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SK Hynix raises $26.5B in the biggest foreign IPO in US history, is urged to build new US fabs
TechCrunch AI
The AI chip boom just produced its biggest Wall Street moment yet. Now SK Hynix and Samsung are being asked to build U.S. factories.
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Hugging Face’s CEO on why companies are done renting their AI
TechCrunch AI
Open source AI is booming, according to Hugging Face CEO Clem Delangue. The company has grown into something like a GitHub for AI in recent years, where AI builders can share and download open models and datasets, now used by roughly half the Fortune 500. Delangue has seen the...
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Instagram’s Adam Mosseri: If you don’t like AI, ‘then you shouldn’t have it in your feed’
The Verge AI
Though Instagram head Adam Mosseri doesn't want to filter out AI content on the platform, he argues that you "shouldn't have it in your feed" if you don't like it. "I don't think we should filter out AI content," Mosseri said during an interview on Lenny Rachitsky's podcast. "...
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Would you host part of an AI data center in your home?
The Verge AI
A solar and home energy storage company is expanding into AI data centers, but not by building one - instead, it's offering to pay its customers to put its compute units in their homes. Sunrun is launching a pilot program for a new "distributed AI compute" program that will "p...
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The Download: Claude’s inner workings and OpenAI’s “super app”
MIT Tech Review AI
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Anthropic found a hidden space where Claude puzzles over concepts The AI firm Anthropic has got the clearest glimpse yet at what’s really g...
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Apple Sues OpenAI, Claims Former Employees Stole Trade Secrets
Decrypt
Apple alleges former employees took confidential designs, supplier information, and engineering files before joining OpenAI.
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Meta's Chief Data Officer Says Agentic Commerce is the "Next Tier of Business"
CoinDesk
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Kraken to overhaul app with AI investing assistant
Cointelegraph
The redesigned app will use AI to recommend trades and tailor investing tools around users' financial goals as Kraken expands into broader financial services.
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Senate Democrats call for hearings into Trump’s ties to crypto amid CLARITY Act discussions
Cointelegraph
Five senators called for committee hearings to investigate US President Donald Trump’s policies potentially being influenced by crypto funding from United Arab Emirates-linked and other entities.
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Democrats Call for Senate Hearings on Trump's Massive Crypto Profits
Decrypt
Top Democrats on key Senate committees demanded inquiries into the more than $1.2 billion that President Trump made on crypto last year.
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U.S. Representatives Urge Senate to Vote on CLARITY Act in July, Address Ethics Concerns
Bitcoin Magazine
Bitcoin Magazine U.S. Representatives Urge Senate to Vote on CLARITY Act in July, Address Ethics Concerns Rep. French Hill urged the Senate to vote on the CLARITY Act before the August recess, arguing the bill would establish a transparent crypto market framework that addresse...
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Here’s what happened in crypto today
Cointelegraph
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.
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US CBDC ban to go into effect without Trump signoff on housing bill
Cointelegraph
Donald Trump confirmed on social media that he would not sign the 21st Century ROAD to Housing Act, which includes a ban on a US CBDC until the end of 2030, setting the stage for the bill to become law on Saturday.
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Bitcoin Treasury Firm Empery Digital Dumps Nearly Half of BTC Holdings for $87 Million
Decrypt
Nasdaq-listed Empery Digital said it sold 1,400 Bitcoin since May to help fuel an AI data center deal, legal bills, and other expenses.
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Xbox CEO Joins Fed AI Jobs Task Force Days After Announcing 3,200 Layoffs
Decrypt
Asha Sharma will advise the Federal Reserve on AI’s impact on jobs and productivity as Xbox undergoes the biggest restructuring in its history.