Filing: Shein will debut on the Hong Kong exchange on Sept. 1, seeking up to $1.8B in its IPO with Goldman Sachs, Morgan Stanley, and JPMorgan as joint sponsors — Shein Global Holdings Ltd. is seeking to raise as much as $13.9 billion ($1.8 billion) in its Hong Kong initial public offering …
Sam Altman says AI could end up controlled by a few powerful players, partly because AI fears could push people to trade “a lot of liberty for safety” — OpenAI CEO Sam Altman says he worries that AI will one day be controlled by a handful of companies, models, or people …
Greg Abbott says data center companies “dug their own grave” by moving into communities without first gaining support, signaling growing Republican backlash — Texas Gov. Greg Abbott delivered one of the starkest warnings yet from a Republican to the AI industry …
Sources: Hugging Face has been exploring a sale that could value it at $13B+, up from $4.5B in 2023, and has been working with a bank to gauge bidders' interest — The AI industry's next blockbuster acquisition may not be another model maker. — Hugging Face, whose platform helps developers discover …
AI agents' growing capabilities are driving productivity FOMO among some startup founders, who feel compelled to work long hours managing and guiding the agents — The growing capabilities of AI give new meaning to working yourself to the bone — Seductive. Intoxicating. All-consuming.
London-based Inherent, founded by DeepMind alumni and with $50M in seed funding, says its new Faraday agent beats GPT-5.5 at reproducing research paper findings — Inherent, a London AI lab founded by Google DeepMind alumni, says its AI agent just outperformed much larger models from Anthropic and OpenAI using a fraction of the size.
Apparel retailers like Zalando, Zara, and ASOS are betting on AI virtual fitting rooms to create a better online shopping experience and cut costly returns — Buying clothes online can leave shoppers frustrated and retailers drowning in returned goods. Now brands hope that AI-powered tools will deliver the perfect fit.