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AI NewsBusiness

Insurers pivot AI strategy toward core risk underwriting

AI investments by insurers are now expected to generate tangible business value beyond mere efficiency. According to findings in the 2026 Evident AI Index, insurers are now embedding AI technologies into workflows that directly influence underwriting discipline and capital allocation. Christian Preece, Insurance Director at Evident, says: “For years, insurers have competed on AI ambition, […] The post Insurers pivot AI strategy toward core risk underwriting appeared first on AI News .

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Insurers pivot AI strategy toward core risk underwriting
The DecoderBusiness

SpaceX bets $60 billion on Cursor to catch OpenAI and Anthropic

Just two trading days after its IPO, Elon Musk's SpaceX is buying AI coding startup Anysphere. The deal is meant to help the struggling xAI division catch up with Anthropic and OpenAI. The article SpaceX bets $60 billion on Cursor to catch OpenAI and Anthropic appeared first on The Decoder .

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SpaceX bets $60 billion on Cursor to catch OpenAI and Anthropic
The Guardian AIBusiness

SpaceX leapfrogs Amazon with valuation at $2.8tn

<p>Elon Musk company’s becomes world’s fifth most-valuable firm just days after its IPO following purchase of AI coding startup Cursor</p><p>Elon Musk’s SpaceX has overtaken Amazon as the world’s fifth-most valuable company days after its <a href="https://www.theguardian.com/science/2026/jun/12/spacex-stock-price-ipo-spcx">stock market debut</a>.</p><p>The jump in value came as it agreed to buy the startup behind the AI-powered coding app Cursor for $60bn (£44bn), in an attempt to capitalise on

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SpaceX leapfrogs Amazon with valuation at $2.8tn
The Guardian AIBusiness

How the fight over US datacenters is scrambling this state’s politics: ‘We don’t want it’

<p>Josh Shapiro, Pennsylvania’s governor, squares off with state lawmakers over the facilities powering an AI boom</p><p>A controversial haunted house near Philadelphia, <a href="https://www.theguardian.com/us-news/pennsylvania">Pennsylvania</a>, taps into its <a href="https://www.thebeliever.net/the-haunting-of-pennhurst/">dark history</a> every fall to scare tens of thousands of visitors. In 1968, a local news station <a href="http://www.preservepennhurst.org/default.aspx?pg=26">documented</a>

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How the fight over US datacenters is scrambling this state’s politics: ‘We don’t want it’
The Guardian AIBusiness

The Anthropic ‘Fable’ saga proves: we have opened the AI Pandora’s box. What now? | Nathan E Sanders and Bruce Schneier

<p> We have opened the AI Pandora’s box. Now we have to make the best of it</p><p>On 9 June, Anthropic <a href="https://www.anthropic.com/news/claude-fable-5-mythos-5">released</a> its Fable generative AI model. Three days later, the US government <a href="https://www.explainx.ai/blog/us-government-bans-fable-5-mythos-5-anthropic-export-control-2026">classified</a> it as a dangerous munition, and used its export-control authority to <a href="https://www.theguardian.com/technology/2026/jun/13/ant

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The Anthropic ‘Fable’ saga proves: we have opened the AI Pandora’s box. What now? | Nathan E Sanders and Bruce Schneier
The DecoderBusiness

How easily can Russian propaganda fool AI models? A new benchmark finds out

The Institute of the Estonian Language has released a benchmark measuring how susceptible AI language models are to Russian propaganda. The article How easily can Russian propaganda fool AI models? A new benchmark finds out appeared first on The Decoder .

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How easily can Russian propaganda fool AI models? A new benchmark finds out
AI NewsBusiness

EU publishes its AI content labelling playbook ahead of the AI Act’s August deadline

The European Union has published its AI content labelling playbook, a voluntary Code of Practice meant to help companies meet transparency rules that become law across the bloc on August 2 onwards. The European Commission released the final Code on 10 June, setting out practical steps for the businesses that build and use generative AI to mark […] The post EU publishes its AI content labelling playbook ahead of the AI Act’s August deadline appeared first on AI News .

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The DecoderBusiness

Anthropic backs off unpopular billing overhaul as price war with OpenAI looms

Anthropic has pulled back its planned billing change for the Claude Agent SDK just before launch. Instead of separate credits, the SDK and third-party apps will keep drawing from regular subscription limits. The article Anthropic backs off unpopular billing overhaul as price war with OpenAI looms appeared first on The Decoder .

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The DecoderBusiness

OpenAI burned through $34 billion last year

OpenAI spent $34 billion in the past year, far more than the year before. The article OpenAI burned through $34 billion last year appeared first on The Decoder .

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OpenAI burned through $34 billion last year
AI NewsBusiness

AI Red Teaming Explained: What It Is and Why You Need It

With AI adoption accelerating, testing systems under adversarial conditions has become increasingly important. It enables organisations to identify vulnerabilities before deployment and strengthen overall system safety. Explore what AI red teaming is, why it matters and the leading companies offering AI red teaming consulting services. What Is AI Red Teaming? AI red teaming tests artificial […] The post AI Red Teaming Explained: What It Is and Why You Need It appeared first on AI News .

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AI NewsBusiness

How AI-Powered CMS Platforms Are Transforming Enterprise Content Operations

For years, enterprise content management was largely a publication tool. How do you get the right content, in the right format, to the right channel, without breaking workflows that span dozens of markets and hundreds of contributors? The answer was usually a combination of manual processes, siloed systems, and large coordination teams that grew historically […] The post How AI-Powered CMS Platforms Are Transforming Enterprise Content Operations appeared first on AI News .

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The Guardian AIBusiness

AI could help win ‘race against extinction’ of vital plants, say botanists

<p>Tech is helping to identify and save new specimens and could open ‘genomic goldmine’ of fungi data</p><p>The rise of AI and digitisation could be a turning point in the “race against extinction” faced by botanists trying to identify and save vital plants before they vanish, according to a major <a href="https://www.kew.org/science/state-of-the-worlds-plants-and-fungi">report</a> from Royal Botanic Gardens, Kew.</p><p>New technology is enabling scientists to track how flowering times have shif

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AI could help win ‘race against extinction’ of vital plants, say botanists
The DecoderBusiness

The US government may be asking Anthropic the impossible by demanding unhackable LLMs

Government officials accuse Anthropic of disregarding Trump's cyber directive and releasing Fable 5 without approval. "They screwed us," one administration official said. Talks are underway with the Department of Commerce, the CIA, and science advisor Michael Kratsios. The article The US government may be asking Anthropic the impossible by demanding unhackable LLMs appeared first on The Decoder .

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The US government may be asking Anthropic the impossible by demanding unhackable LLMs
The DecoderBusiness

Nvidia joins AI debt boom with $20 billion bond sale

Nvidia wants to raise at least $20 billion through its first bond sale since 2021, Bloomberg reports, citing people with direct knowledge of the deal. The article Nvidia joins AI debt boom with $20 billion bond sale appeared first on The Decoder .

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The DecoderBusiness

Pokémon Go data helped train AI now linked to military drones

Volunteer AR scans from Pokémon Go players fed into Niantic's spatial AI models. That technology is now being combined with a US defense contractor's software for GPS-free navigation. The article Pokémon Go data helped train AI now linked to military drones appeared first on The Decoder .

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Pokémon Go data helped train AI now linked to military drones
The Guardian AIBusiness

AI use by the US government is ballooning. And the lack of transparency is troubling | Nathan E Sanders and Bruce Schneier

<p>The list of government AI use cases has ballooned by 70% since Biden left office and includes many plans to hand over sensitive governmental functions to AI</p><p>On 14 April, the Trump administration quietly acknowledged the widespread use of AI to automate government processes. The office of management and budget (OMB) <a href="https://github.com/ombegov/2025-Federal-Agency-AI-Use-Case-Inventory/commit/3c225ba8438e48306ace7698c8c7feb9486cbc69">disclosed</a> a staggering 3,611 active or plan

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AI use by the US government is ballooning. And the lack of transparency is troubling | Nathan E Sanders and Bruce Schneier
AI NewsBusiness

HarmonyOS 7 steps into the AI gap Apple left open in China

Four days after Apple confirmed that Siri AI would not launch in China, Huawei took the stage in Dongguan and declared HarmonyOS 7 the beginning of the agent era. The gap Apple could not fill, Huawei has moved into with an architecture built specifically for it. What HarmonyOS 7 actually changes The headline change is […] The post HarmonyOS 7 steps into the AI gap Apple left open in China appeared first on AI News .

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HarmonyOS 7 steps into the AI gap Apple left open in China
The DecoderBusiness

Anthropic shutdown sparks sovereignty debate across Europe

The European Commission is assessing the implications of the US order that forced Anthropic to shut down Fable 5 and Mythos 5 worldwide. European researchers are debating the right response: building their own foundation models or securing access through contracts. But building out homegrown infrastructure would require computing capacity, energy, and competitive providers that Europe currently lacks, experts warn. The article Anthropic shutdown sparks sovereignty debate across Europe appeared f

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Anthropic shutdown sparks sovereignty debate across Europe
The Guardian AIBusiness

Graham Platner’s victory reveals a winning midterms playbook | Pepper Culpepper

<p>Voters want someone they trust to change the economic deal</p><p>Graham Platner’s victory in the Maine Democratic primary, <a href="https://www.theguardian.com/us-news/2026/jun/09/graham-platner-maine-senate-primary">despite controversies that would sink more conventional candidates</a>, shows us that voters are not simply rejecting incumbents. They are responding to candidates – even those with pretty dire baggage – who speak to a widespread belief that the economic system is increasingly ri

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Graham Platner’s victory reveals a winning midterms playbook | Pepper Culpepper
AI NewsBusiness

Accenture: Consumers show growing trust in AI shopping agents

Consumers are showing a willingness to let AI agents take on more shopping-related tasks, according to new research from Accenture. The company’s 2026 Consumer Pulse Research, based on a survey of 25,590 consumers across 16 countries, found that 74% of respondents would trust a personal AI agent more than their best friend to make a […] The post Accenture: Consumers show growing trust in AI shopping agents appeared first on AI News .

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Accenture: Consumers show growing trust in AI shopping agents
The DecoderBusiness

Microsoft CEO Satya Nadella warns of "a small number of AI systems capturing all the economic returns"

Microsoft CEO Satya Nadella wants companies to build "token capital" alongside human capital, meaning their own AI capabilities built on internal data and proprietary learning loops. Without it, he warns, a few large models could absorb the value of entire industries. The argument also happens to line up with the business logic of his own Azure platform. The article Microsoft CEO Satya Nadella warns of "a small number of AI systems capturing all the economic returns" appeared first on The Decode

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