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Should AI be open source?
Reuters Videos7d agoneutralVIDEO
Should AI be open source?

<body><p>STORY: :: Elena Casas, Business reporter</p><p>:: London, England / August 11, 2026</p><p>Meta launched a new AI model this week. The thing to know about it is that it’s open weight - that means it comes with publicly accessible core components that users can customise. Closed models are kept fully under the control of the company that made them.</p><p>:: Why this matters</p><p>:: Meta</p><p>This really matters because there is a growing divide in Silicon Valley over whether AI should be closed or open.</p><p>The development race for open-weight models is being led by China. Meta’s Mark Zuckerberg is arguing the barriers to using open-weight AI in the US should be lower so that American companies can compete better with Chinese rivals.</p><p>:: What happens when AI goes rogue?</p><p>OpenAI and Anthropic have closed AI systems. They are in control. That means that when an OpenAI model recently went rogue and attacked AI library Hugging Face, it had to use a Chinese open-weight model to defend itself.</p><p>:: More regulation?&nbsp;</p><p>These recent stories about OpenAI and Anthropic’s models ‘going rogue’ do help to make the case that AI needs more regulation, not less. OpenAI’s CEO Sam Altman met senators after the hack and President Trump said the administration was considering more controls for AI.</p><p>:: Archive</p><p>Meta’s Mark Zuckerberg doesn’t agree. He said ‘the idea that AI is so dangerous that the only safe path is an extreme concentration of power is inherently problematic.’</p><p>:: Power vs profits</p><p>So should we be more worried about AI models breaking out of human control, or about the cutting-edge technology being kept in the hands of a tiny handful of powerful companies?</p><p>This argument isn’t just about what the tech itself can do. It’s a struggle over power and profits in Silicon Valley.</p></body>

Hims & Hers Q2 revenue beat offset by wider-than-expected loss
Proactive7d agobullish
Hims & Hers Q2 revenue beat offset by wider-than-expected loss

Hims & Hers Health (NYSE:HIMS) delivered mixed second-quarter results, with revenue beating Wall Street expectations while its quarterly loss came in wider than analysts had forecast as the company incurred restructuring charges tied to its shift toward branded GLP-1 weight-loss...

Investing.com7d agoneutral
Trump lifts TikTok ban on federal devices after ownership transfer

Investing.com -- The Trump administration removed restrictions on TikTok use on federal government devices Monday after determining the social media app no longer presents a national security threat following the transfer of its US operations to American investors.

AI startup Manus to resume independent operations as deal with Meta unwinds
Reuters7d agoneutral
AI startup Manus to resume independent operations as deal with Meta unwinds

AI startup Manus said on Tuesday it will ‌resume operating as an independent company ‌and some user data will be deleted as ​part of its separation from U.S. tech giant Meta. • "As part of our transition back to independent operations and to comply ‌with regulatory requirements ⁠in specific jurisdictions, data generated by certain users on/after December ⁠29, 2025" will be deleted later this month, Manus said in a statement. • ​Affected users ​will be notified ​through the Manus ‌app and by email and will be able to back up their data, the company said.

Rocket Lab Drops on Launch Pushback; Riot Platforms' Anthropic Deal | Stock Movers
Bloomberg7d agobearishVIDEO
Rocket Lab Drops on Launch Pushback; Riot Platforms' Anthropic Deal | Stock Movers

On this episode of Stock Movers: - Anthropic PBC&nbsp;has struck a $9.1 billion deal with&nbsp;Riot Platforms (RIOT), a Bitcoin mining company that recently began selling AI data center capacity. Riot disclosed it had&nbsp;secured&nbsp;a 20-year deal to supply 191 megawatts of capacity from its&nbsp;Rockdale, Texas, campus to a "leading frontier AI" company. - Rocket Lab&nbsp;(RKLB) shares drop as much as 5.7% after the company's Neutron timeline softened, with an analyst saying that while Neutron remains on track to reach launch pad in the fourth quarter, it could push an initial launch to 2027. - Babcock & Wilcox Enterprises (BW) rose in premarket after the company signed an agreement with Siemens Energy to produce steam turbine generator sets. - US-listed shares in On Holding (ONON) drop as much as 17% in premarket trading after the Swiss sneaker maker's second-quarter sales were lower than expected.