Abu Dhabi's MGX has closed a $49 billion fund for AI companies, one of the largest ever for the sector. The fund has backed 14 companies and aims to invest across the AI tech stack, including semiconductors and infrastructure.
US tech firm Anthropic has embedded code in its AI models to identify and block Chinese users, citing national security concerns. The company accuses Alibaba of a massive "distillation attack" to clone its AI capabilities.
A consumer commission in Medak has ordered Okinawa Scooters & Motorcycles India and its dealers to replace a defective scooter battery and speedometer free of charge. They must also pay Rs 15,000 for compensation and litigation costs due to failure to honor the warranty and provide proper after-sales service.
US pharmaceutical company Indivior will withdraw its "life-saving" opioid dependency drug Sublocade from the Australian market by December 31, citing commercial reasons. The decision has alarmed doctors and pharmacists, who note Sublocade's effectiveness and patient preference over alternatives like Buvidal. This follows AstraZeneca's recent withdrawal of Zoladex, also due to commercial viability concerns.
Singtel CEO Yuen Kuan Moon's compensation fell 16.9% to S$6.8 million for FY23, despite a 39.5% rise in net profit. The company cited "material operational and reputational issues" including network outages at Optus and disruptions in Singapore.
寶可夢迎來30週年，The Pokémon Company在台北市政府舉辦慶祝活動，宣布與北捷合作設置主題裝置，並將於7月舉辦「Pokémon GO Fest 2026：全球」。亞洲巡迴慶典「PokéXciting!」將於10月在台北登場，另有「Pokémon RUN 30」路跑活動將在台中、高雄、新北舉行。
SK Inc. and U.S. investment firm KKR are forming a 49:51 joint venture for renewable energy, set to launch by year-end. The JV will manage 1.7 GW of assets, excluding hydrogen, with plans to reach 10 GW by 2031.
為慶祝寶可夢問世30週年，The Pokémon Company將於亞洲展開一系列活動，台灣站於今日（1日）發表「PokéXciting!」盛大慶典及「Pokémon Run 30」路跑等資訊，並有《Pokémon GO》特別遊戲內容。
Lion Australia has denied claims by the United Workers' Union (UWU) that it plans to sell the James Boag's brand and its Launceston brewery. Despite a letter suggesting openness to discussions, Lion states a sale is not their intention, though they would consider expressions of interest. The brewery is set to close November 6, ending 145 years of local production.
A Chinese company has launched the U1, a humanoid robot designed for domestic interaction. Available in male and female versions, it features advanced AI, local data storage, and is sold only to adults.
Anthropic's advanced AI models, Fable and Mythos, are no longer subject to US export controls, less than three weeks after they were suspended due to national security concerns. Access will be restored starting tomorrow.
A Tel Aviv-bound flight was mistakenly reported as hijacked due to a technical transponder error, prompting Israeli and Bulgarian jets to scramble. The aircraft was escorted to Bulgaria before continuing its journey after confirming no real threat.
Anthropic leaders met with White House officials regarding risks posed by their Claude Fable 5 AI model. Despite talks, disagreements persist, leading to the model being taken offline. Other AI companies like OpenAI also face White House requests to delay new model rollouts.
TechCrunch Startup Battlefield is returning to Sydney on August 19, 2026, in partnership with Stripe. Eight selected startups will pitch live, with the grand winner receiving automatic entry into Startup Battlefield 200 at TechCrunch Disrupt in San Francisco. Applications close on July 6.
Dish Network, operator of Dish TV and Sling TV, has filed for Chapter 11 bankruptcy due to unforeseen delays in selling $23 billion worth of 5G spectrum to AT&T. The company expects to emerge from bankruptcy by Q3 2026, with Dish TV and Sling TV continuing operations.
A fourth-generation farmer in Queensland's Lockyer Valley is opposing a mining lease application by Rosehill Sandstone to build a quarry on his family's property. The company plans to extract building-grade sandstone from 62.2 hectares, including a portion of the farmer's land, sparking concerns about operational disruption and environmental impact.
Anthropic has launched Sonnet 5, a new Claude model designed for AI agents. It offers performance comparable to Opus models at a lower cost, with pricing set at $3/1M input tokens and $15/1M output tokens starting September 1.
Conservative former mayor Andy Street is reportedly a leading candidate for the chair of Great British Railways, a new publicly-owned company overseeing nationalized railways. The role, paying up to £300,000 annually, is a key part of Labour's reversal of 1990s privatization. A decision is pending, with potential political considerations influencing the timing.
Amazon Web Services is launching a new $1 billion Forward Deployed Engineering unit to help customers build and roll out AI systems. This initiative aims to embed engineers directly within client businesses to accelerate technical transformations and deliver value faster, competing with similar efforts from OpenAI and Anthropic.
Blue Origin is doubling down on using its New Glenn rocket this year despite a recent explosion, though the cause remains unknown. CEO Dave Limp stated the company is investigating the aft section of the first stage. They plan to rebuild the launchpad in Cape Canaveral, Florida, and will use a crane instead of a transporter-erector to expedite return to flight and increase launch cadence.
Tesla is testing a production version of its two-seat Cybercab without a steering wheel or pedals in Austin, Texas, with a safety monitor present. This autonomous robotaxi aims to compete with Waymo, leveraging Tesla's integrated hardware and software for cost control and camera-only autonomy.
X has launched a hosted Model Context Protocol (MCP) server, making it easier for AI assistants like Claude and Cursor to connect directly to the platform using user account permissions. This move simplifies integration for developers and positions X as a real-time data source, while X clarified the tool does not allow autonomous posting.
Ford is rehiring veteran engineers, known as "greybeards," to work alongside AI in design and manufacturing checks. The company found AI tools, while valuable, were prone to pitfalls due to insufficient or flawed training data, highlighting the continued need for deep human expertise.
Abivax stock surged 39.9% after releasing new data on its ulcerative colitis drug, obefazimod. The data indicated malignancies were in line with normal levels for UC patients, easing concerns from earlier in June. Over 37% of non-responders achieved remission with a 50 mg dose.
