FSB chair to G20: frontier AI’s first hit to finance is cyber
Andrew Bailey’s FSB letter to G20 finance chiefs says frontier AI’s most immediate worry for banks isn’t the hype cycle — it’s cyber risk that can move faster and hit shared tech hard.
Industry News
Business moves, funding, policy, and market shifts in tech and AI.
Apple’s new Mac mini is built to run AI agents while you sleep
Apple just pitched the Mac mini as an always-on agentic desk box. New M6 and M5 Pro, pre-order from Aug 25, ships Sept 22. Same tiny shell. Heavier on-device AI claims.
Brussels just classified ChatGPT as a search engine
The European Commission put ChatGPT in the DSA’s search-engine tier today, not just as a chat app, with Reddit and Roblox tagged as very large platforms. Same 45-million-user bar. Extra systemic-risk rules kick in by January 2027.
Tencent Just Open-Sourced Hy4 Preview — 770B MoE, 1M Context, Apache 2.0
On Aug 28 Tencent Hunyuan dropped Hy4 preview: 770B total / ~49B active MoE, million-token context, Apache 2.0 weights, and a two-week free window on WorkBuddy and CodeBuddy. Here’s what shipped — and how I’d try it this week.
DeepMind’s Co-Scientist now runs a furnace, not just a hypothesis
Google DeepMind extended Gemini Co-Scientist into a lab partner that plans experiments, drives a CVD furnace, and drafts papers. Humans still load samples. A 450-review study cut severe fabricated results to 4%.
Sony and Warner sue Anthropic over how Claude’s training data was allegedly grabbed
Sony Music Publishing and Warner Chappell filed a federal copyright suit in Northern California accusing Anthropic and two co-founders of torrenting and scraping musical compositions to train Claude. Anthropic says it disagrees and will defend itself in court.
OpenAI is cutting Cursor off after the SpaceX deal
OpenAI told SpaceX it will wind down Cursor’s model contract, with a proposed shutoff on November 12, 2026. The reason OpenAI put on the page is trust after SpaceX bought Cursor’s parent.
DeepMind sealed a Gemini test so neither side could peek
Google DeepMind piloted what it calls the first double-blind evaluation of a proprietary frontier model. Gemini Flash Lite and confidential benchmarks sat in one crypto enclave. Scores were not published.
Anthropic’s Model Hardware Standard: Claude for microscopes, arms, and lasers
Anthropic opened a research preview of the Model Hardware Standard — a shared driver so AI agents can run lab and factory gear. It started with HHMI Janelia. Open source comes later, after safety work.
More than 100 companies signed a cyber-defense letter. The labs that signed it still ship the models.
On 27 August OpenAI posted an open letter asking for a surge in cyber defense. TechCrunch, CNBC, and the BBC say more than 100 companies signed it, including OpenAI, Anthropic, Google, and Microsoft. I am treating the letter as the story, not yesterday’s Hugging Face paper.