The Bank for International Settlements flagged AI capex, circular financing deals, and poorly disclosed asset pledging as systemic risks in its annual report.

California's new budget extends sales tax to prewritten software downloads, expected to raise $900M for the state. A ballot measure would save AI IPO windfalls.

Google placed limits on Meta's use of Gemini AI models after demand exceeded available capacity. Meta told staff to conserve AI tokens, the FT reports.

Jacob Andreou was promoted to EVP of Copilot after one year at Microsoft. He is merging consumer and enterprise teams and building a super app with Autopilot.

Anthropic's Claude Tag launched as an AI teammate inside Slack, but some Salesforce employees worry it competes directly with Slackbot and Agentforce.

OpenAI appointed Prabhjeet Singh, the outgoing Uber India president, as its first managing director for India, its second-largest market.

Russian intelligence hackers are phishing Signal users for their backup recovery key, giving attackers full access to message history, the FBI warns.

AI executives who backed Trump's deregulation agenda now call his ad hoc crackdown worse than anything Biden proposed, Politico reports.

Apple is seeking US government approval to buy memory chips from CXMT, a Chinese manufacturer on the Pentagon's military blacklist, the FT reported.

The FTC fast-tracked antitrust clearance for Musk to buy Mesh Optical, a startup founded by ex-SpaceX engineers building optical transceivers for data centers.

Commerce Secretary Lutnick cleared Anthropic to redeploy Mythos 5 to trusted cyber defenders, but Fable 5 remains restricted under government order.

Trustpilot partnered with Shopify to let merchants display and manage reviews directly in their stores, as AI-driven clicks surged 1,490 percent.