Sources say xAI used Claude models for distillation and training, including using personal accounts and the intermediary service Blackbox AI after being cut off — SpaceX's AI lab has had a chaotic year so far, churning through leaders and staff before bringing in outside help in an effort to catch up to Anthropic in coding.
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The largest US banks plan to launch a tokenized deposit network in 2027 to connect traditional payment rails with the infrastructure that digital assets run on — The new network could help banks contend with a wave of new competition from stablecoins and crypto firms
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Over 20 EU news publishers file a claim seeking €640M+ from Google following an EU decision that lets anyone harmed by Google's ad market abuse seek damages — Small publishers enabled to take on Google for damages via group claim. — More than 20 European news publishers …
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Sources: SpaceX prepares the largest retail allocation ever attempted in a megacap IPO, seeking to reserve as much as 25% of its $75B float for retail investors — Up to a quarter of the rocket builder's $75bn float will be set aside for individual investors
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The NY State legislature passes a one-year moratorium on new large data centers, the first statewide ban of its kind if Governor Kathy Hochul signs it into law — It could become the first ban of its kind in a state. … The New York State legislature passed a one-year moratorium …
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