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Financial software company Intuit is laying off 17% of its workforce—roughly 3,000 employees—as it seeks to streamline operations and invest in AI capabilities. But CEO Sasan Goodarzi firmly denies the cuts are driven by automation, instead blaming organizational complexity and excess management layers. The move comes as Intuit's stock has fallen 41% this year amid concerns traditional software firms can't compete in the AI era.
Bristol-Myers Squibb is partnering with Anthropic to deploy Claude Enterprise as its shared intelligence platform across global operations. The pharmaceutical giant will integrate the AI model across research, clinical development, manufacturing, and commercial functions, targeting faster drug discovery in oncology and neuroscience. McKinsey projects agentic AI could increase clinical development productivity by 35% to 45% over the next five years.
OpenAI is preparing to file confidentially for an initial public offering within days or weeks, with CEO Sam Altman targeting a September public debut. Working with Goldman Sachs and Morgan Stanley, the ChatGPT creator's move comes just days after defeating Elon Musk's lawsuit and could trigger a Wall Street race among AI companies including SpaceX and Anthropic.
Meta has submitted a new proposal to the European Commission offering rival AI chatbots including ChatGPT and Perplexity limited free access to WhatsApp in Europe, with fees kicking in after a usage threshold. The move comes after Brussels threatened formal action under the Digital Markets Act, but smaller competitors say the offer still discriminates against them.
Anthropic introduces two privacy and security features for Claude Managed Agents that address a critical enterprise concern: credential exposure. MCP tunnels enable private network connectivity without exposing internal systems, while self-hosted sandboxes keep tool execution within enterprise infrastructure. These updates move credential control to the network boundary rather than leaving authentication tokens inside the agent.
Andrej Karpathy, the renowned AI researcher who co-founded OpenAI and led Tesla's self-driving programs, has joined Anthropic to build a new team focused on using Claude to accelerate pre-training research. The move signals a significant talent shift as Anthropic positions itself to compete with OpenAI and Google in frontier AI development.
Everpure, formerly Pure Storage, is redefining cyber resilience by treating the storage layer as the final defense against sophisticated attacks. The company argues that perimeter security will fail in the AI era, making immutable snapshots and guaranteed data recovery essential as threats like Anthropic's Mythos model expose vulnerabilities at unprecedented speed.
A federal appeals court heard arguments in Anthropic's lawsuit challenging the Pentagon's blacklisting of the AI company over safety concerns. Three judges displayed sharply divided views, with one calling it a "spectacular overreach" while others questioned Anthropic's position. The legal dispute centers on autonomous weapons and mass domestic surveillance restrictions.
Hitachi has formed a strategic partnership with Anthropic to deploy Claude AI models across its entire workforce of 290,000 employees globally. The Japanese industrial giant will integrate AI models into energy, transportation, and manufacturing operations as part of its Lumada 3.0 business model, positioning itself as one of the largest enterprise adopters of Claude worldwide.
Anthropic has reversed its earlier confidentiality stance to allow Project Glasswing partners to share cybersecurity findings from its Mythos AI model. Major tech firms including Amazon, Microsoft, Nvidia, and Apple can now disclose vulnerabilities discovered through the program to security teams, regulators, and the public under responsible disclosure norms.
President Trump is expected to sign an AI executive order establishing a voluntary 90-day pre-release disclosure framework for frontier AI models. The order represents a compromise between tech industry allies resisting mandatory requirements and MAGA activists like Steve Bannon demanding government security tests. Over 60 Trump supporters signed a letter calling for stricter oversight of potentially dangerous AI systems.
Salesforce CEO Marc Benioff revealed the company will spend $300 million on Anthropic tokens in 2026, almost entirely for coding applications. The investment signals a major shift in enterprise AI spending as coding agents deliver efficiency gains that make software development faster and cheaper. Benioff also teased upcoming AI-driven coding functionalities inside Slack.
Two sophisticated attacks in April 2026 drained nearly $600 million from DeFi platforms, with cybersecurity experts attributing the heists to North Korean groups likely using AI tools to identify vulnerabilities. The Drift Protocol and Kelp DAO exploits triggered cascading failures across the ecosystem, exposing structural weaknesses in cross-chain bridges and highlighting how AI is accelerating the speed and sophistication of blockchain exploits.
AI developer Anthropic issued a stark warning that the US must tighten chip export controls and model access restrictions before 2028 to maintain its lead in the US-China AI race. The company paints two scenarios: one where democracies set AI norms, another where authoritarian regimes shape global AI governance through surveillance and censorship technologies.
OpenAI rolled out Codex access through the ChatGPT mobile app for iOS and Android, enabling developers to remotely control coding sessions running on their computers. The move comes as OpenAI intensifies competition with Anthropic's Claude Code, with over four million developers now using Codex weekly. Users can review outputs, approve commands, and manage workflows from their phones while files stay secure on their desktop machines.
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