AI film startups are setting up studios in Hollywood, using US and Chinese AI models while touting lower production costs and a way around traditional financing (Robert Booth/The Guardian)
How US industrial companies like Caterpillar, Cummins, Eaton, and Ford are pivoting their businesses to feed a booming AI data-center market for power equipment (Bob Tita/Wall Street Journal)
Pathway, which is developing AI models based on what it calls its "Post-Transformer" BDH architecture, raised a $30M seed at a $500M valuation (Antoine Tardif/Unite.AI)
Sources: Uber and Rapido discussed merging their India ride-hailing operations in May; talks collapsed after disagreements over the proposed deal's structure (The Economic Times)
Sources: JPMorgan Chase terminated its banking relationship with Polymarket in 2025 over regulatory concerns, though it still maintains some ties to the company (Financial Times)
Blackbird and Airtree revalue Canva at $34.9B, down from $42B in 2025, as it struggles in the AI era; Canva's internal valuation falls to $31B, down from $38.9B (Australian Financial Review)
Z.ai debuts GLM-5.3, using the same base model as GLM-5.2 with scaled post-training for stronger coding and cyber skills, with weights due in two weeks (Z.ai)