Treasury Secretary Scott Bessent warned the U.S. government could sanction Chinese AI companies after White House officials accused Moonshot of distilling Anthropic’s Fable model to develop Kimi K3.
Tesla’s 26% boost in revenue wasn’t enough to offset rising operating expenses and capital expenditures as it pushes to launch a new generation of products.
A closely watched social media addiction lawsuit that had been set to go to trial next week has been dropped after the plaintiff voluntarily dismissed his claims against Meta, leaving none of the major tech companies facing trial in the case.