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Robbins Geller Rudman & Dowd LLP filed a class action lawsuit against Microsoft Corporation on Friday, on behalf of investors who suffered losses tied to the company's AI-related product failures. According to a press release, the lawsuit targets Microsoft directly and names the company's Gemini AI

Anthropic said a U.S. directive forced it to suspend two frontier AI models for foreign nationals, hitting pre-IPO-linked trading tied to the company. Key Points: Anthropic said the order forced it to disable Claude Fable 5 and Claude Mythos 5 for foreign nationals. The company said the government c

Anthropic disabled its two most powerful AI models, Fable 5 and Mythos 5, for every customer after a federal export control order targeting foreign nationals. Key Points: The US government issued an export control directive on Jun. 12 barring foreign nationals from both models. Anthropic shut the pa

OpenAI's ChatGPT reached one billion monthly app users in May 2026. The figure comes from Sensor Tower estimates and marks the largest user base any AI application has ever reported. According to Sensor Tower data, the milestone arrived alongside a measurable shift in public attitudes toward AI prod

Jeff Bezos said AI will not erase U.S. jobs, arguing the technology could cut working hours as his startup Prometheus reached a $41 billion valuation. Key Points: Bezos said AI could create labor scarcity rather than mass unemployment. Prometheus raised $12 billion in a Series B round, Axios reporte