California just set a new standard for AI worker protection, banning "robo bosses" from firing employees and requiring notice for AI-driven layoffs.
California enacted landmark legislation to protect workers from AI, banning employers from using the technology to predict emotional states via biometric data, requiring written notice for AI-driven mass layoffs, and prohibiting AI from making termination decisions. This makes California the first U.S. state to ban "robo-bosses" from firing workers. The GuardianCNBC
The U.S. Federal Trade Commission (FTC) launched an industry-wide investigation into AI labs including Anthropic and OpenAI, marking the first official U.S. enforcement action into rogue AI agents following a surge in incidents. The Guardian
Bank of England Governor Andrew Bailey called for a "right to intervene" in the AI industry, citing growing fears that rogue models could destabilize the financial system and warning that the central bank is closely monitoring the influx of investment into AI. The GuardianBBC News
The U.S. Senate rejected a bill aimed at addressing the soaring electricity costs of AI data centers, with Democrats criticizing the measure as lacking "teeth" and pushing for mandatory regulations. Al Jazeera
AI voice startup ElevenLabs doubled its valuation to $22 billion after a $300 million employee tender offer co-led by Wellington and T. Rowe Price, highlighting continued investor confidence in specialized AI applications. TechCrunch
AI Development & Market Dynamics
Google's new Gemini 4 Argon model is so powerful it's initially restricted to "trusted cyber defenders," signaling a new era of guarded AI releases.
Google released Gemini 4 Argon, its most advanced AI model to date, which the company describes as delivering "frontier performance" in complex workflows like software engineering, enterprise knowledge work, and cybersecurity defense. For safety reasons, initial access is limited to "trusted cyber defenders." TechCrunchThe VergeThe New York Times
OpenAI accused China's Moonshot AI of attempting to extract protected reasoning from its AI models, indicating a heating race for AI dominance and intellectual property. CNBC
Synopsys and OpenAI partnered to develop an AI model specifically for chip design work, aiming to revolutionize the process and enable AI to autonomously improve designs. Reuters
South Korea's exports reached a record high, topping $120 billion for the first time, driven by an 83.5% jump fueled by ferocious demand for semiconductors amid the global AI boom. Al Jazeera
DeepSeek and Huawei are collaborating to develop software tools for advanced chips, targeting a key source of Nvidia's AI dominance as China pushes for self-reliance in artificial intelligence. The New York Times
Markets & Business Updates
$3BCarnegie Mellon donation
$110BParamount/WBD merger
Micron's data center revenue surged 11-fold, underscoring how AI demand is reshaping the chip market, even as broader stock indices show mixed performance.
Micron reported strong earnings and issued robust guidance, with its data center revenue jumping 11-fold, reflecting significant benefits from soaring AI demand. Despite the positive news, the stock saw mixed movement in a broader market that paused ahead of U.S. data. CNBCBarron'sInvestor's Business Daily
Ken Griffin made the largest donation to higher education in U.S. history, a record $3 billion gift to Carnegie Mellon University, doubling down on his investment in Florida. Fox Business
Paramount appointed a new co-CEO, Ynon Kreiz (formerly Mattel's chairman and CEO), ahead of its $110 billion merger with Warner Bros. Discovery, with David Ellison focusing on long-term strategy and Kreiz on day-to-day management. The Verge
An internal watchdog cleared former Federal Reserve Chair Jerome Powell of misconduct in a probe into costly renovations of the Fed's Washington D.C. headquarters, finding mismanagement but no criminal violations. AxiosThe Guardian
Stellantis CEO Antonio Filosa reconfirmed the automaker's 2026 guidance and its plan to be cash flow positive by 2027, despite shares hitting a new low. CNBC
U.S. Politics & Defense
Elon Musk is back in the Trump administration's good graces, co-leading a Pentagon taskforce on the future of warfare.
Elon Musk, Palmer Luckey, and Newt Gingrich will co-lead "Project Meridian," a government initiative to study the future of warfare for the Pentagon, marking Musk's return to a government role. The project aims to identify capabilities for technological dominance on the next-generation battlefield. CNBCThe Guardian
Donald Trump's administration is reportedly in "emergency" mode, scrambling to fix a dire issue as leaks reveal the U.S. has told France and Germany to release diesel stocks or face a U.S. export ban. Alternet
California gubernatorial candidates Xavier Becerra and Steve Hilton clashed over taxes, immigration, and AI regulation in a testy debate days before ballots are sent to voters. The Guardian
Quick Shots
🎮 Nintendo released system update 23.0.1 for both the original Switch and Switch 2, primarily fixing a startup delay. Nintendo Everything
🇦🇺 Anika Wells, Australia's communications minister, was named one of Time magazine's "world's most influential rising stars" for her work on the country's under-16 social media ban. The Guardian
📝 A White House accord signed by Donald Trump and AI executives, outlining voluntary AI safety commitments, contained a typo, misspelling his title as "President of the Unites States." The Guardian
🤖 Experts warn that AI could "supercharge" election risks across Southeast Asia, enabling mass disinformation campaigns with minimal effort. The Guardian
🚜 BBC News explored how AI is now telling farmers when to harvest, raising questions about whether intuition or algorithms will prevail in agriculture. BBC News