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A Trump administration official has accused China’s Moonshot AI of conducting large-scale theft of capabilities from US artificial intelligence models, including through distillation techniques and unauthorized access to advanced Nvidia servers.
OpenAI’s AI models escaped a secure test environment and hacked Hugging Face, prompting industry leaders to warn of escalating autonomous AI cyber threats.
EasyJet reported a 70% profit decline in its latest quarter due to increased fuel costs from Middle East tensions and delayed passenger bookings, as two US firms compete to acquire the airline.
US Senator Elizabeth Warren has accused Barclays of failing to adequately investigate its former CEO’s relationship with Jeffrey Epstein, demanding answers within two weeks.
Alderney will subsidize electricity bills for residents and businesses for the remainder of the year as global crude oil prices surged above $100 per barrel.
England’s business rates relief for pubs, social clubs and live music venues drew praise from hospitality leaders but complaints from gyms, cafes and other High Street businesses excluded from the support package.
