Dwayne
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A Ukrainian extradited from Ireland to the US pleads guilty to conspiracy to commit wire fraud for his role in Conti ransomware attacks between 2021 and 2022 (Lawrence Abrams/BleepingComputer)
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Anthropic says it believes the US government's export control order for Mythos 5 and Fable 5 is a "misunderstanding" and that it is working to restore access (Ananya Palyekar/Reuters)
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Moonshot AI releases Kimi K2.7-Code, claiming 30% lower reasoning token usage compared to K2.6, available under a modified MIT license (Sean Michael Kerner/VentureBeat)
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Crypto-data provider Blockworks says it has acquired its rival Messari; source: Blockworks paid more than $10M for Messari, which was valued at $300M in 2022 (Vicky Ge Huang/Wall Street Journal)
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Anthropic says it is disabling Fable 5 and Mythos 5 for all customers after the US government issued an export control order, citing national security concerns (Anthropic)
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Source: the US Commerce Department decided to block foreign persons from accessing Fable 5 and Mythos 5 after a company claimed it was able to jailbreak Mythos (Axios)
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OpenAI was subpoenaed on Friday by a coalition of state AGs for documents covering a wide range of its activities and impact on users (Wall Street Journal)
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Sources detail frustration inside Meta's Applied AI team, formed in March to support Superintelligence Labs, over menial projects, "soul-crushing" work, more (Wired)
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The US DOJ approves Paramount's $111B purchase of WBD without forcing divestitures or behavioral remedies; state AGs could still try to block the move (Yasmin Khorram/Politico)
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Sources: three ex-DOGE staffers are raising $130M from a16z, Sequoia, and others for a startup that aims to use AI to secure government systems (Vanity Fair)
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KPMG retracts a report on AI's benefits after it has been found to exaggerate AI adoption with case studies that appear to have been based on AI hallucinations (Financial Times)
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Sources: Roku is in talks to sell itself; its shares have risen about 24% this year, giving the company a market value of $19.9B; ROKU jumps 20%+ after hours (Bloomberg)
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Staff memo: Meta plans to limit employee token usage and encourage employees to use MetaCode, after internal AI spending forecasts reached billions for 2026 (Jyoti Mann/The Information)
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Sources: SpaceX decided to rent its Colossus 1 data center to Anthropic after internal teams struggled to use it for Grok development due to latency issues (Edward Ludlow/Bloomberg)
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Sources: Microsoft considered spinning out or restructuring its Xbox unit as a wholly-owned subsidiary, or creating a joint venture with other partners (Aaron Holmes/The Information)
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A profile of Thibault Sottiaux, OpenAI's head of core products, who oversees efforts to combine ChatGPT and Codex into a super app and worked at Google DeepMind (Maxwell Zeff/Wired)
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SpaceX closes up 19% at $160.95 in its debut, with a ~$2.1T market value, after opening at $150, up 11% from its IPO price; Musk becomes the first trillionaire (Alex Harring/CNBC)
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SpaceX makes Nasdaq debut at $150 after pricing at $135: Live updates (CNBC)
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Meta's services, including Facebook and Instagram, are recovering after a brief outage that affected thousands of users (Jaspreet Singh/Reuters)
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MrBeast hits 500M subscribers on YouTube, becoming the first creator to reach the milestone, after crossing 100M subscribers in 2022 (Kayla Cobb/The Wrap)
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