Australia’s largest pension fund sees agentic AI as a disruption-class technology

The A$410bn pension fund is comparing the disruption to what retail and consumer services have already experienced. ASIC is already monitoring frontier-AI risks across the Australian financial system. [...]

$20bn Kimi developer Moonshot abandons VIE structure for HK listing

The $20bn Kimi developer has informed shareholders it will dismantle its variable-interest-entity structure, after Beijing made it clear an exemption was unlikely. The IPO would be one of the biggest [...]

Nintendo jumps 6.8% as Japanese investors rotate out of AI

Nintendo jumped as much as 6.8% on Tuesday for its longest winning streak since mid-March. Bandai Namco and Konami each gained more than 9%. The trade is about what isn’t AI as much as what is. Nint [...]

Apple has a new CEO, and Tim Cook signed off quoting Steve Jobs

John Ternus became chief executive of Apple on Tuesday. He is the eighth person to hold the job in the company’s 50 years, and the first engineer in the seat since Steve Jobs. Tim Cook spent his las [...]

Speed is no longer a selling point for AI agents, caution is

AI agents have spent two years competing on the same thing: independence. Less oversight, fewer clicks, more autonomy, that was the pitch. It didn’t matter if the agent lived in a browser extension, [...]

Workers are rewriting their LinkedIn histories, and 2022 now looks 30% more AI-skilled than it was

A working paper analysing 29.4 million US LinkedIn profiles found nearly a fifth had retroactively edited a job they had already left, with AI-related additions rising more than sixfold since ChatGPT [...]

The EU says autoplay and infinite scroll are illegal. Meta has until it responds to disagree.

The European Commission issued preliminary findings on Friday accusing Meta of building Facebook and Instagram to be addictive, giving the company a formal opportunity to respond before Brussels reach [...]

Nanya plans a $6bn spending surge in 2027 to ride the AI memory boom

Nanya Technology spent years as the also-ran of the memory business, the Taiwanese DRAM maker that Samsung, SK Hynix and Micron never had to worry about much. The AI boom has changed the arithmetic. T [...]

Tencent in talks to become Manus’ largest shareholder

Manus was, briefly, one of the most valuable exits in Chinese AI. Meta agreed to buy the agentic AI startup for more than $2bn late last year, then watched Beijing block the deal on national-securit [...]