economy

Meta has launched its first coding agent, Muse Code, as part of its strategy to compete with established AI players like Anthropic and OpenAI. This move is significant as it aims to enhance Meta's position in the rapidly evolving AI landscape.

Microsoft is directing its developers to prioritize OpenAI's GPT-5.6 Sol model in their coding projects to enhance efficiency and maximize the value of their AI investments, reflecting a broader trend in corporate America towards more prudent AI spending.

Google's restructuring of its AI divisions, highlighted by the departure of chief scientist Jeff Dean, signals a significant shift in leadership as the company aims to enhance its competitive edge in the rapidly evolving AI landscape.

The Kids Online Safety Act (KOSA) has gained momentum in the Senate, advancing through a key committee with bipartisan support, which could lead to increased regulations on social media platforms regarding children's safety online.

Zoox, an Amazon-owned company, is set to launch its paid robotaxi service in Las Vegas on August 10, marking a significant step in its commercial operations and competition with other autonomous vehicle services like Waymo.

Senator Elizabeth Warren is questioning the Trump administration's decision to ease export controls on the UAE, particularly after significant investments were made by UAE-linked entities in a cryptocurrency venture associated with President Trump. This inquiry raises concerns about national security and the potential influence of private business interests on government policy.