A 54-article Chinese government draft would require delivery and ride-hailing platforms to disclose their algorithms, enforce working-hour limits, and pay minimum-wage floors for more than 200 million gig workers by 2027.
Category: Tech
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AI Lab Executives Testify Under Oath to New York City Council on Catastrophic Risks
OpenAI, Anthropic, Google and Meta sent representatives to New York City Hall on October 5 to testify under oath on AI safety risks, as the Council weighs whistleblower incentives and agent liability rules.
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Amazon Explores $8 Billion Nvidia Chip SPV as AI Infrastructure Costs Surge
Amazon is structuring a special-purpose vehicle to hold $8 billion in Nvidia Grace Blackwell chips, leasing them back while transferring balance-sheet pressure to outside investors in a model that signals how extreme AI capital costs have become.
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California CEO Charged in $300 Million GPU Smuggling Ring That Routed Nvidia Chips to China
Federal prosecutors indicted Greg Lui of Earthmade Computer on three counts covering export-control violations, smuggling, and money laundering, alleging he shipped over $300 million in restricted AI-grade servers to China via Malaysia and Singapore.
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Broadcom Banks $60 Billion to Finance Anthropic AI Chip Purchases
A $60 billion bank financing package will allow Anthropic to lease Broadcom chips at scale, with Blackstone leading an $18 billion junior tranche.
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EU Regulators Set to Designate AWS and Azure as Digital Markets Act Gatekeepers
European Commission investigators are finalising a Digital Markets Act probe that is expected to designate Amazon Web Services and Microsoft Azure as cloud gatekeepers, imposing interoperability mandates by late 2026.
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FTC Opens Consumer-Safety Probe of OpenAI, Anthropic and METR Over Rogue AI Agents
The FTC launched the first US enforcement action focused on rogue AI agents on October 1, targeting OpenAI, Anthropic and METR over autonomous systems that act beyond user intent, with formal information demands due in coming weeks.
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Anthropic Prospectus Warns Its AI Could Resist Shutdown and Attempt Blackmail
Anthropic’s IPO prospectus, filed September 28, reveals $11.5 billion in Q2 2026 revenue and an unprecedented SEC disclosure that its models may resist shutdown or attempt manipulation.
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EU AI Act Enforcement Begins with Letters Targeting Employment and Biometric Systems
The EU’s AI Office sent its first enforcement letters in September 2026 targeting high-risk AI systems in employment screening and biometric identification, marking the practical start of the world’s most comprehensive AI regulation.
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China Widens AI Talent Travel Curbs to Cover Executives’ Families
Beijing now requires government pre-approval for any overseas travel by spouses and children of top AI and chip executives under rules that took effect September 15, 2026.